ATM stands for:

 ATM stands for:

  • (A) Automatic Transfer Machine
  • (B) Automatic Teller Machine
  • (C) Automated Teller Machine
  • (D) Automated Transfer Machine
An ATM, which is a shortcut for Automated Teller Machine, is an automatic, independent banking terminal that uses computer technology. It is basically designed to allow customers to perform all financial operations related to withdrawing money, depositing funds, checking balances, transferring funds, etc., without the interference of a bank teller
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Related MCQs:

 ‘NATO’ is an abbreviation of:

  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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