CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
ATMs in the country has dispensed banknotes of _________ denomination
A
Rs 50
B
Rs 10
C
Rs 20
D
Rs 1000
Explanation: 

Detailed explanation-1: -100 banknotes through ATMs which are widely used for distribution of banknotes for retail use.

Detailed explanation-2: -Given an amount as input, print how many notes of each denomi. An ATM gives money in denominations of 2000, 500, 200, 100 & 50/-. Given an amount as input, print how many notes of each denomination will be released. this program will work only for amounts entered in multiples of 50.

Detailed explanation-3: -Currently, the lowest denomination note a customer can get at an ATM is Rs 100.

Detailed explanation-4: -ATM transactions Here’s a list of potential transactions you could carry out at an in-network ATM: Withdraw cash: Many ATMs have evolved from dispensing limited bills (for instance, $20 bills only) to now offering a variety of denominations. For example, a machine that may dispense $5s and $100s in addition to $20s.

Detailed explanation-5: -Each ATM has four cassettes. Most operators currently mark two slots for Rs 500 notes, one slot for Rs 200 and another for Rs 100. Each cassette can hold up to 2, 200 notes.

There is 1 question to complete.