Amazon Quiz- The RBI has notified that late payment charge on a credit card is levied only if user fails to pay within how many days from the due date?

Question 1 – The RBI has notified that late payment charge on a credit card is levied only if user fails to pay within how many days from the due date?

Answer 1 – 3

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Question 2 – A credit card company sets limits on how much one can charge on a credit card. This is based on the user’s ability to handle what?

Answer 2 –  Debt

Question 3 – The billing cycle for a credit card is the period between two consecutive _____ dates. Fill in the blanks

Answer 3 –  Statement

Question 4 – In 1958, American Express launched their first charge card in which two countries?

Answer 4 –  USA and Canada

Question 5 – In 1983, Mastercard became the first company to introduce what security feature to its credit cards?

Answer 5 –  Laser Hologram

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