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
Advertisements
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.
What are the cautions to be used while using debit or credit cards?
What is a credit card?
What is a debit card?
Distinguish between a Debit card and a Credit card.
What is meant by E-banking?
Explain the meaning of SMS alert.
State three precautions that must be taken while using credit or debit cards.
