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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What do you mean by ATM? - Commerce

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Question

What do you mean by ATM?

Short Note

Solution

ATM (Automated Teller Machine) card. A customer can withdraw money any time, anywhere in India from the ATM machine using the ATM card given by his/her bank.

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Electronic Banking Functions
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Chapter 12: Functions of Commercial banks - Exercises [Page 116]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 12 Functions of Commercial banks
Exercises | Q II. 4. | Page 116
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