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Question: ATM stands for

Answer:

ATM stands for "Automated Teller Machine." It is a specialized computer terminal that allows users to perform banking transactions without the need for a human teller. ATMs are typically used to withdraw cash, check account balances, and transfer funds between accounts. They can be found in banks, retail locations, and other public places such as airports and shopping malls. ATMs are available 24/7 and provide users with convenient access to their bank accounts.

MCQ: ATM stands for

Correct Answer: A. Automatic taller machine 

Explanation:

ATM stands for "Automated Teller Machine." It is a specialized computer terminal that allows users to perform banking transactions without the need for a human teller. ATMs are typically used to withdraw cash, check account balances, and transfer funds between accounts. They can be found in banks, retail locations, and other public places such as airports and shopping malls. ATMs are available 24/7 and provide users with convenient access to their bank accounts.

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