CURRENT AFFAIRS

2017

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

How many ATM does the ICICI bank commissioned to change as Solar powered ATM?

A	100
B	200
C	500
D	350

Explanation:

Detailed explanation-1: -This development finance institution has a network of 5, 275 branches and 15, 589 ATMs across India and has a presence in 17 countries.

Detailed explanation-2: -Solar powered ATM is a machine in banking industry that recreates the banking services in areas with shortage of electricity. Solar ATM consists of components, which include solar plates, battery, and ATM machine.

Detailed explanation-3: -ICICI Bank cash withdrawal limit from branch According to the bank’s website, ICICI Bank has set a daily cash withdrawal cap of 1, 00, 000 for transactions made at ATMs using their platinum identity chip debit card.

Detailed explanation-4: -After this, the bank will charge Rs 20 per financial transaction and Rs 8.50 per non-financial transaction. These charges are for using both ICICI Bank ATMs and non-ICICI Bank ATMs. The number of free transactions offered at its ATMs is five and at non-Axis Bank ATMs is three (in metro locations).

There is 1 question to complete.