Class 5 Exam > Class 5 Questions > What is the full form of ATM?a)Automatic tran...
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What is the full form of ATM?
- a)Automatic transfer machine
- b)Arithmatic transpose mode
- c)Accessible track module
- d)Automated teller machine
Correct answer is option 'D'. Can you explain this answer?
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What is the full form of ATM?a)Automatic transfer machineb)Arithmatic ...
Full form of ATM: Automated Teller Machine
- ATM stands for Automated Teller Machine. It is an electronic device that allows customers to perform various banking transactions without the need for a human teller.
- ATMs are widely used for:
- Cash withdrawals: Customers can withdraw cash from their bank accounts using their ATM cards.
- Balance inquiries: Customers can check their account balance to know how much money they have in their account.
- Fund transfers: Customers can transfer funds between their own accounts or to other accounts.
- Bill payments: Many ATMs allow customers to pay their utility bills, credit card bills, or other bills directly from their bank accounts.
- Features of ATM:
- User-friendly interface: ATMs have a graphical user interface that makes it easy for customers to navigate and perform transactions.
- Security measures: ATMs are equipped with security features such as PIN (Personal Identification Number) authentication and card skimming prevention to ensure the safety of customers' transactions.
- Availability: ATMs are available 24/7, allowing customers to access their funds and perform transactions at any time.
- Advantages of ATM:
- Convenience: ATMs provide customers with the convenience of accessing their funds and performing transactions without visiting a bank branch.
- Time-saving: Using an ATM is faster compared to waiting in line at a bank branch to perform transactions.
- Accessibility: ATMs are located in various locations, making it easier for customers to find one nearby.
- Conclusion:
- ATM stands for Automated Teller Machine.
- It is an electronic device that allows customers to perform various banking transactions.
- ATMs provide convenience, time-saving, and accessibility to customers.
- ATM stands for Automated Teller Machine. It is an electronic device that allows customers to perform various banking transactions without the need for a human teller.
- ATMs are widely used for:
- Cash withdrawals: Customers can withdraw cash from their bank accounts using their ATM cards.
- Balance inquiries: Customers can check their account balance to know how much money they have in their account.
- Fund transfers: Customers can transfer funds between their own accounts or to other accounts.
- Bill payments: Many ATMs allow customers to pay their utility bills, credit card bills, or other bills directly from their bank accounts.
- Features of ATM:
- User-friendly interface: ATMs have a graphical user interface that makes it easy for customers to navigate and perform transactions.
- Security measures: ATMs are equipped with security features such as PIN (Personal Identification Number) authentication and card skimming prevention to ensure the safety of customers' transactions.
- Availability: ATMs are available 24/7, allowing customers to access their funds and perform transactions at any time.
- Advantages of ATM:
- Convenience: ATMs provide customers with the convenience of accessing their funds and performing transactions without visiting a bank branch.
- Time-saving: Using an ATM is faster compared to waiting in line at a bank branch to perform transactions.
- Accessibility: ATMs are located in various locations, making it easier for customers to find one nearby.
- Conclusion:
- ATM stands for Automated Teller Machine.
- It is an electronic device that allows customers to perform various banking transactions.
- ATMs provide convenience, time-saving, and accessibility to customers.
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What is the full form of ATM?a)Automatic transfer machineb)Arithmatic transpose modec)Accessible track moduled)Automated teller machineCorrect answer is option 'D'. Can you explain this answer?
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What is the full form of ATM?a)Automatic transfer machineb)Arithmatic transpose modec)Accessible track moduled)Automated teller machineCorrect answer is option 'D'. Can you explain this answer? for Class 5 2024 is part of Class 5 preparation. The Question and answers have been prepared according to the Class 5 exam syllabus. Information about What is the full form of ATM?a)Automatic transfer machineb)Arithmatic transpose modec)Accessible track moduled)Automated teller machineCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 5 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the full form of ATM?a)Automatic transfer machineb)Arithmatic transpose modec)Accessible track moduled)Automated teller machineCorrect answer is option 'D'. Can you explain this answer?.
What is the full form of ATM?a)Automatic transfer machineb)Arithmatic transpose modec)Accessible track moduled)Automated teller machineCorrect answer is option 'D'. Can you explain this answer? for Class 5 2024 is part of Class 5 preparation. The Question and answers have been prepared according to the Class 5 exam syllabus. Information about What is the full form of ATM?a)Automatic transfer machineb)Arithmatic transpose modec)Accessible track moduled)Automated teller machineCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 5 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the full form of ATM?a)Automatic transfer machineb)Arithmatic transpose modec)Accessible track moduled)Automated teller machineCorrect answer is option 'D'. Can you explain this answer?.
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