In context to Credit and Debit card, which of the following statements is/are correct?
- A balance in the saving/current account is must for the use of debit card, whereas credit card can be used with zero balance in account.
- A credit card is connected to the bank or financial institution that issued the card, whereas Debit card is connected to a personal bank account.
Select the correct option from the codes given below:
Both are correct statements.
This question is a part of GKToday's Integrated IAS General Studies Module