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Credit Card System was Introduced in Kerala in

A1965

B1980

C1970

D1975

Answer:

C. 1970

Read Explanation:

Credit Card System:

  • Introduced in Kerala 1970 - Japan Model 

  • Kerala -1st state to introduce credit card in India. 

  • Identity card issued to a member by service cooperative society 

  • Indicates the credit limit sanctioned to him 

  • To eliminate delay in giving loans & withdrawal without application. 

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