BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The term ATM stands for which of the following?
A
Automatic teller machine
B
Automated teller mechanism
C
Automated teller machine
D
None of the above
Explanation: 

Detailed explanation-1: -An ATM (Automated Teller Machine) is an electronic machine used for financial transactions.

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: -abbreviation for automated teller machine: a machine, usually in a wall outside a bank, shop, etc. from which you can take money out of your bank account using a special card: Is there an ATM near here?

Detailed explanation-4: -The correct answer is Automated Teller Machine.

There is 1 question to complete.