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Which committee has recommended banks to grout Automated Teller Machines (ATMs) to a wall, pillar, or floor by September 30, 2019 ?
  • a)
    Sustainable Structuring
  • b)
    Committee on distribution of Currency
  • c)
    Committee on Currency Movement (CCM)
  • d)
    Committee on the Development of Secondary Market for Corporate Currency
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which committee has recommended banks to grout Automated Teller Machin...
The Reserve Bank of India (RBI) has asked banks to ensure their ATMs (Automated Teller Machines) are grouted to a structure preferably wall, pillar, or floor by 30 September 2019 in a move to enhance security of cash vending machines.
In October 2016, RBI had set up a Committee on Currency Movement (CCM), under the chairmanship of D K Mohanty, RBI’s executive director to review the entire gamut of security of treasure in transit. Based on the recommendations of Mohanty panel, RBI has now issued instructions aimed at enhancing security and mitigating risks in ATM operations.
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Which committee has recommended banks to grout Automated Teller Machines (ATMs) to a wall, pillar, or floor by September 30, 2019 ?a)Sustainable Structuringb)Committee on distribution of Currencyc)Committee on Currency Movement (CCM)d)Committee on the Development of Secondary Market for Corporate Currencye)None of theseCorrect answer is option 'C'. Can you explain this answer?
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Which committee has recommended banks to grout Automated Teller Machines (ATMs) to a wall, pillar, or floor by September 30, 2019 ?a)Sustainable Structuringb)Committee on distribution of Currencyc)Committee on Currency Movement (CCM)d)Committee on the Development of Secondary Market for Corporate Currencye)None of theseCorrect answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which committee has recommended banks to grout Automated Teller Machines (ATMs) to a wall, pillar, or floor by September 30, 2019 ?a)Sustainable Structuringb)Committee on distribution of Currencyc)Committee on Currency Movement (CCM)d)Committee on the Development of Secondary Market for Corporate Currencye)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which committee has recommended banks to grout Automated Teller Machines (ATMs) to a wall, pillar, or floor by September 30, 2019 ?a)Sustainable Structuringb)Committee on distribution of Currencyc)Committee on Currency Movement (CCM)d)Committee on the Development of Secondary Market for Corporate Currencye)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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