A daily money search before shopping and travel. This page has 100 important questions and answers. Original explainer for daily search — not a government login or live tracker.
A debit card spends money that is already in your bank account (or an approved overdraft). A credit card borrows from the issuer up to a limit; you repay by the due date or you pay interest. Both can be Visa/Mastercard plastic — the network logo is not the same as debit vs credit.
Debit is harder to overspend if you have no overdraft, but a stolen debit card can empty the account until the bank reverses it. Credit can build a credit history if you pay in full, and it often has stronger chargeback rules — but revolving interest is expensive.
EMI on a credit card is a loan product, not “free.” PIN, OTP, and tap-to-pay still need the same care as UPI.
100 important questions. Quick 10 is a random set; Full set plays every question.
Your score
100 questions and answers
Each item is a 4-option MCQ. Open a question, tap A–D. Green is correct, red is wrong. Original explainers — not copied match reports.
1. International markup is
Tap A, B, C or D.
Answer: C) a % on foreign spends on many cards
Some cards waive it; FX still moves.
2. A debit international spend still
Tap A, B, C or D.
Answer: D) needs the account to hold the rupees plus markup
Turn international use on in the app.
3. Hotlisting / blocking is
Tap A, B, C or D.
Answer: A) what you do the minute the plastic is gone
App freeze is fastest.
4. CVV is
Tap A, B, C or D.
Answer: D) the short code on the card for many online pays — not the PIN
Do not photograph the back.
5. A merchant “debit or credit?” swipe question is
Tap A, B, C or D.
Answer: B) about the rail they will use, not your life story
Pick the product you meant to use.
6. Reward points on credit are
Tap A, B, C or D.
Answer: B) not cash until you redeem; they do not cancel interest
Interest can wipe the “free” flight.
7. A declined debit at a shop often means
Tap A, B, C or D.
Answer: A) not enough balance or a block
Check SMS and the app.
8. A declined credit pay can mean
Tap A, B, C or D.
Answer: D) limit, block, or a fraud rule
Call the number on the back, not a random +91.
9. EMI conversion on a swipe is
Tap A, B, C or D.
Answer: A) optional on many issuers — it is still a loan
Processing fees hide in the banner.
10. A corporate credit card bill is
Tap A, B, C or D.
Answer: D) the company’s problem if policy says so — keep receipts
Personal swipes on a corp card start HR stories.
11. Teen / student debit is still
Tap A, B, C or D.
Answer: D) account money with guardian rules
Limits exist.
12. This page does not
Tap A, B, C or D.
Answer: A) approve a card
Apply on the bank site if you want one.
13. A virtual debit number for e-com is
Tap A, B, C or D.
Answer: C) a safer stand-in some banks issue
It can have its own limit.
14. Surcharge at a petrol pump can appear on
Tap A, B, C or D.
Answer: A) some credit products more than debit — read the sticker
The network is not the fee.
15. Two-factor on a card pay is often
Tap A, B, C or D.
Answer: B) an OTP or an app push
Never read it to a caller.
16. A “credit card for KYC refund” caller wants
Tap A, B, C or D.
Answer: B) your OTP and number — hang up
Banks do not collect PIN on phone.
17. Debit does not automatically
Tap A, B, C or D.
Answer: C) build a credit bureau file the way responsible credit can
Some countries report debit less.
18. Paying rent on credit for points can
Tap A, B, C or D.
Answer: A) fail or fee if the landlord’s rail is debit-only
Ask before you swipe.
19. A worn mag-stripe that still taps is
Tap A, B, C or D.
Answer: B) chip/contactless first; replace a cracked card
Use the app to reissue.
20. Store cards are usually
Tap A, B, C or D.
Answer: A) credit or charge at that retailer, not your bank debit
APR can be steep.
21. A joint debit card spends
Tap A, B, C or D.
Answer: D) the joint account, with the mandate you signed
Either holder can often empty it.
22. Travel insurance bundled on some credit cards is
Tap A, B, C or D.
Answer: A) a policy with exclusions, not a magic cover
Read the certificate.
23. Chargeback time limits
Tap A, B, C or D.
Answer: B) start from the statement or the transaction date the issuer uses
File while the evidence is fresh.
24. A debit “hold” at a hotel can
Tap A, B, C or D.
Answer: C) freeze extra rupees for days
Ask the desk to release it.
25. Credit utilisation in bureau talk is
Tap A, B, C or D.
Answer: A) how much of the limit you are using
High use can weigh on a score.
26. This explainer is not
Tap A, B, C or D.
Answer: C) a comparison of every bank’s APR this week
The Key Fact Statement wins.
27. PIN tries too many times can
Tap A, B, C or D.
Answer: C) capture or block the card at an ATM
Reset in the official app.
28. A credit card is not
Tap A, B, C or D.
Answer: B) extra salary
Interest is the price of revolving.
29. The official source for “debit vs credit card” (learn desk, item 1) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
30. The official source for “debit vs credit card” (learn desk, item 2) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
31. The official source for “debit vs credit card” (learn desk, item 3) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
32. The official source for “debit vs credit card” (learn desk, item 4) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
33. The official source for “debit vs credit card” (learn desk, item 5) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
34. The official source for “debit vs credit card” (learn desk, item 6) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
35. The official source for “debit vs credit card” (learn desk, item 7) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
36. The official source for “debit vs credit card” (learn desk, item 8) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
37. The official source for “debit vs credit card” (learn desk, item 9) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
38. The official source for “debit vs credit card” (learn desk, item 10) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
39. The official source for “debit vs credit card” (learn desk, item 11) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
40. The official source for “debit vs credit card” (learn desk, item 12) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
41. The official source for “debit vs credit card” (learn desk, item 13) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
42. The official source for “debit vs credit card” (learn desk, item 14) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
43. The official source for “debit vs credit card” (learn desk, item 15) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
44. The official source for “debit vs credit card” (learn desk, item 16) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
45. The official source for “debit vs credit card” (learn desk, item 17) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
46. The official source for “debit vs credit card” (learn desk, item 18) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
47. The official source for “debit vs credit card” (learn desk, item 19) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
48. The official source for “debit vs credit card” (learn desk, item 20) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
49. The official source for “debit vs credit card” (learn desk, item 21) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
50. The official source for “debit vs credit card” (learn desk, item 22) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
51. The official source for “debit vs credit card” (learn desk, item 23) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
52. The official source for “debit vs credit card” (learn desk, item 24) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
53. The official source for “debit vs credit card” (learn desk, item 25) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
54. The official source for “debit vs credit card” (learn desk, item 26) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
55. The official source for “debit vs credit card” (learn desk, item 27) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
56. The official source for “debit vs credit card” (learn desk, item 28) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
57. The official source for “debit vs credit card” (learn desk, item 29) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
58. The official source for “debit vs credit card” (learn desk, item 30) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
59. The official source for “debit vs credit card” (learn desk, item 31) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
60. The official source for “debit vs credit card” (learn desk, item 32) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
61. The official source for “debit vs credit card” (learn desk, item 33) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
62. The official source for “debit vs credit card” (learn desk, item 34) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
63. The official source for “debit vs credit card” (learn desk, item 35) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
64. The official source for “debit vs credit card” (learn desk, item 36) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
65. The official source for “debit vs credit card” (learn desk, item 37) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
66. The official source for “debit vs credit card” (learn desk, item 38) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
67. The official source for “debit vs credit card” (learn desk, item 39) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
68. The official source for “debit vs credit card” (learn desk, item 40) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
69. The official source for “debit vs credit card” (learn desk, item 41) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
70. The official source for “debit vs credit card” (learn desk, item 42) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
71. The official source for “debit vs credit card” (learn desk, item 43) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
72. The official source for “debit vs credit card” (learn desk, item 44) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
73. The official source for “debit vs credit card” (learn desk, item 45) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
74. The official source for “debit vs credit card” (learn desk, item 46) is
Tap A, B, C or D.
Answer: B) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
75. The official source for “debit vs credit card” (learn desk, item 47) is
Tap A, B, C or D.
Answer: A) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
76. The official source for “debit vs credit card” (learn desk, item 48) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
77. The official source for “debit vs credit card” (learn desk, item 49) is
Tap A, B, C or D.
Answer: C) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
78. The official source for “debit vs credit card” (learn desk, item 50) is
Tap A, B, C or D.
Answer: D) the authority or standard named on this page’s explainer
GKSchools English practice is original — not an official script.
79. A debit card spends
Tap A, B, C or D.
Answer: A) your own account balance
No balance, the payment fails (unless overdraft).
80. A credit card spends
Tap A, B, C or D.
Answer: B) the issuer’s money up to your limit
You get a bill.
81. Interest on a credit card usually starts if
Tap A, B, C or D.
Answer: D) you do not pay the statement in full by the due date
The fine-print APR is high.
82. Visa or Mastercard on the plastic is
Tap A, B, C or D.
Answer: D) the card network, not debit-vs-credit by itself
Both types can carry those logos.
83. Paying a credit card in full each month
Tap A, B, C or D.
Answer: C) avoids revolving interest and can help a credit file
Minimum-only payments stay expensive.
84. A stolen debit card can
Tap A, B, C or D.
Answer: B) empty the account until the bank acts
Call the bank quickly.
85. Card EMI is
Tap A, B, C or D.
Answer: B) a loan with interest in most offers
Read the processing fee too.
86. Debit vs credit is not
Tap A, B, C or D.
Answer: A) the same question as Visa vs RuPay
RuPay debit is still debit.
87. An overdraft on a debit card is
Tap A, B, C or D.
Answer: B) the bank lending if they approved that facility
Fees apply.
88. A credit limit is
Tap A, B, C or D.
Answer: C) the maximum the issuer will let you revolve or spend
Available credit shrinks as you spend.
89. A charge card (where it still exists) often
Tap A, B, C or D.
Answer: A) wants the balance paid in full
Read the product name.
90. RuPay debit is still
Tap A, B, C or D.
Answer: C) debit — it spends the account
The network logo is not the product type.
91. Contactless tap uses
Tap A, B, C or D.
Answer: A) a limit per tap and still needs the card’s rules
High-value taps ask PIN.
92. A tokenised card on a phone is
Tap A, B, C or D.
Answer: C) a stand-in number, not a reason to skip the PIN forever
Lock the phone.
93. Cash withdrawal on credit is
Tap A, B, C or D.
Answer: A) usually a cash-advance with extra fees and fast interest
Avoid it if you can.
94. Chargeback is
Tap A, B, C or D.
Answer: D) a dispute path that is often stronger on credit than on some debit rails
Still file quickly with evidence.
95. A secured credit card is
Tap A, B, C or D.
Answer: C) backed by a deposit, still a credit product
It can help a thin file if you pay on time.
96. Paying a credit card from UPI or net banking is
Tap A, B, C or D.
Answer: C) repaying the issuer, not “debit vs credit” on the plastic
Pay the statement amount.
97. Minimum amount due is
Tap A, B, C or D.
Answer: D) not a full payoff — interest keeps running on the rest
Pay in full if you can.
98. Grace period is
Tap A, B, C or D.
Answer: B) the interest-free window if you clear the bill
Cash advances often have no grace.
99. Annual fees can appear on
Tap A, B, C or D.
Answer: D) both premium credit and some debit variants
Read the welcome letter.
100. A second card on the same account is
Tap A, B, C or D.
Answer: C) an add-on / authorised user in many programmes
