question_answer

Direction: Rearrange the following seven sentences (A), (B), (C), (D), (E), (F) and (G) in the proper sequence to form a meaningful paragraph and then answer the questions given below.

(A) Whereas Charge Card would require the card holder's account in the concerned bank, the dues on the Credit Card can be paid by a cheque drawn on any bank.

(B) The difference between the Credit and Charge Card is that, in case of Charge Card, the amount becomes payable immediately on the debit to the account.

(C) The Credit Card might cause credit risk for the card- issuing banks.

(D) Whereas no fee is levied if the full amount billed is paid within a given due date, a service fee/interest is charged on the payment which is deferred.

(E) In case of Credit Cards, the card holder is sent a bill indicating the dues and he/she has the option to pay the entire amount as soon as the bill is received or choose to pay only certain percentage of the amount billed, in which case the card holder gets a credit to the extent of the balance amount of the bill.

(F) Like other loan advances. Credit Card dues may also be defaulted.

(G) In other words, a Credit Card holder need not maintain an account with the card-issuing bank.

Which of the following would be the FIRST sentence after rearrangement?

A)  D                                

B)  B       

C)  E                                

D)  C         

E)  A