ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ATM
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Bank Box
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Teller Window
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RTFM
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Detailed explanation-1: -An automated teller machine (ATM) is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller.
Detailed explanation-2: -What is Automated Teller Machine – Definition. 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-3: -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-4: -Types of ATMs Apart from this, there are onsite and offsite ATMs. The onsite ATMs are installed within the bank premises, whereas the offsite ATMs are present in various parts of the country to ensure that people can avail the basic banking facilities without visiting a bank branch.