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Test: Computer Abbreviations (ATM Technology) - SSC CGL MCQ


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10 Questions MCQ Test Computer Awareness and Proficiency - Test: Computer Abbreviations (ATM Technology)

Test: Computer Abbreviations (ATM Technology) for SSC CGL 2024 is part of Computer Awareness and Proficiency preparation. The Test: Computer Abbreviations (ATM Technology) questions and answers have been prepared according to the SSC CGL exam syllabus.The Test: Computer Abbreviations (ATM Technology) MCQs are made for SSC CGL 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Computer Abbreviations (ATM Technology) below.
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Test: Computer Abbreviations (ATM Technology) - Question 1

What is the primary purpose of an Automated Teller Machine (ATM)?

Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 1
ATMs are primarily designed to allow customers to access their bank accounts and conduct various financial transactions, such as withdrawals, deposits, and balance inquiries, without the need to visit a physical bank branch. This convenience has revolutionized banking services and made them more accessible to the public.
Test: Computer Abbreviations (ATM Technology) - Question 2

Which of the following components is responsible for identifying the customer when using an ATM?

Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 2
The Card Reader is responsible for identifying the customer when using an ATM. It reads the information encoded in the magnetic strip or chip of the ATM card, which contains all the necessary customer details for processing transactions.
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Test: Computer Abbreviations (ATM Technology) - Question 3

What is the purpose of the PIN (Personal Identification Number) in ATM transactions?

Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 3
The PIN (Personal Identification Number) is used in ATM transactions to authenticate the customer and ensure the security of financial transactions. It acts as a security measure to prevent unauthorized access to the customer's bank account.
Test: Computer Abbreviations (ATM Technology) - Question 4
What is the consequence if a customer fails to enter the correct PIN within 3 attempts at an ATM?
Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 4
If a customer fails to enter the correct PIN within 3 attempts at an ATM, the customer's card will be disabled for the next 24 hours. This is a security feature designed to prevent unauthorized usage of ATM cards.
Test: Computer Abbreviations (ATM Technology) - Question 5
What is the purpose of the Web Camera in an ATM?
Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 5
The Web Camera in an ATM is used to capture pictures and videos for security purposes. These images and videos are recorded and can be used to monitor and deter fraudulent activities at the ATM.
Test: Computer Abbreviations (ATM Technology) - Question 6
Which of the following operating systems is commonly used in ATMs?
Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 6
Microsoft Windows XP is one of the common operating systems used in ATMs. It provides the necessary software environment for ATM operations.
Test: Computer Abbreviations (ATM Technology) - Question 7
What is the purpose of the Secure Crypto Processor in a modern ATM?
Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 7
The Secure Crypto Processor in a modern ATM is used to ensure the secure transmission and reception of data between the ATM and the bank's computer network. It enhances the security of ATM transactions.
Test: Computer Abbreviations (ATM Technology) - Question 8
What security feature in ATMs cancels a transaction if the customer fails to enter the PIN within a stipulated time?
Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 8
The security feature in ATMs known as "Timeout" cancels a transaction if the customer fails to enter the PIN within a stipulated time. This feature helps prevent unauthorized access to the ATM in case the user abandons the transaction.
Test: Computer Abbreviations (ATM Technology) - Question 9
Which encryption algorithm is commonly used to secure PIN numbers entered by customers at ATMs?
Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 9
The encryption algorithm commonly used to secure PIN numbers entered by customers at ATMs is DES 3 (Data Encryption Standard 3). This ensures that the PIN remains confidential and cannot be easily intercepted by unauthorized individuals.
Test: Computer Abbreviations (ATM Technology) - Question 10
Which output device in an ATM is responsible for providing a printed record of the transaction?
Detailed Solution for Test: Computer Abbreviations (ATM Technology) - Question 10
The Receipt Printer in an ATM is responsible for providing a printed record of the transaction, which includes details such as the transaction amount, date, and time. This receipt serves as proof of the transaction for the customer.
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