Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th
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What do you mean by ATM? - Commerce

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Short Note

What do you mean by ATM?

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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.

Concept: Electronic Banking Functions
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APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 11th Commerce Answers Guide
Chapter 12 Functions of Commercial banks
Exercise | Q II. 4. | Page 116
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