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Which was the first bank to introduce the credit card in India?

  • A.Canara Bank
  • B.Central Bank of India
  • C.Bank of Baroda
  • D.ICICI Bank

Answer: B

Correct answer: Central Bank of India

Central Bank of India introduced the first credit card in the country, the Central Card, in 1980 - a decade before the market opened up in earnest.

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