26. Which of the following is NOT a benefit of using a credit card responsibly?
a) Building credit history
b) Earning rewards and cashback
c) Increasing debt and financial burden
d) Enjoying purchase protection and extended warranties
27. Which type of card allows users to pre-load a specific amount of money?
a) Debit card
b) Prepaid card
c) Credit card
d) ATM card
28. True or False: Credit cards can be used to withdraw cash from ATMs.
29. Which of the following is a disadvantage of using a credit card?
a) Building credit history
b) Earning rewards and cashback
c) Paying high-interest rates
d) Having emergency funds available
30. What is the purpose of a PIN (Personal Identification Number) for a debit card?
a) To access cash at an ATM
b) To verify the cardholder’s identity
c) To protect against fraudulent transactions
d) To set credit limits
