Advertisements
Advertisements
Question
A customer can withdraw or deposit money with the help of this machine by inserting his/her card and typing his/her personal identity number.
Options
RTGS
ATM
NEFT
IMPS
MCQ
Solution
ATM
Explanation:
- ATMs are automatic machines that respond by giving cash, accepting deposits, and handling other simple transactions.
- Thus, Customers can withdraw or deposit money using this machine by inserting their ATM card and entering their personal identification number (PIN).
shaalaa.com
Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
'Rita' was using a plastic card to withdraw money from a machine set up outside the bank.
- Identify the card.
- Write any four precautions that must be taken while using such a card.
Electronic banking is a part of ______ banking.
In case of ______ cardholder makes payment after using the card.
Which of the following is not precautions to be used while using debit or credit cards?
State any two precautions while using an 'ATM'.
What is a credit card?
What is a debit card?
Distinguish between a Debit card and a Credit card.
Explain the meaning of SMS alert.
State three precautions that must be taken while using credit or debit cards.
