BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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automated telling maching
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automatic teller machine
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at the moment
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all the time
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Detailed explanation-1: -An ATM (Automated Teller Machine) is an electronic machine used for financial transactions. As the term implies, it is an ‘automated’ banking platform that does not require any banking representative/teller or a human cashier.
Detailed explanation-2: -Here’s an explanation for how we make money . An automated teller machine (ATM) is a specialized computer that allows you to complete bank transactions without the need to see a bank representative.
Detailed explanation-3: -ATM full form is Automated Teller Machine which is a self-service banking outlet. You can withdraw money, check your balance, or even transfer funds. Different banks provide their ATM services by installing cash machines in different parts of the country.
Detailed explanation-4: -What is the meaning of ‘teller’ in Automated Teller Machine (ATM)? (T.V. Ramesh, Trichy) It means ‘to count’; the machine counts the money before giving it to you. It does the same job as that of the ‘bank teller’. The word ‘teller’ comes from the Old English ‘tellan’ meaning to ‘calculate’ or ‘count’.