Question : ATM is the abbreviation for:
Option 1: Automatic Teller Machine
Option 2: Automated Teller Machine
Option 3: Authentic Teller Machine
Option 4: Authorised Teller Machine
Correct Answer: Automated Teller Machine
Solution : The correct answer is Automated Teller Machine .
ATM is also known as Automated Teller Machine. These are cash dispensing machines. It is a specialised digital computer machine that allows bank transactions and transfer of money without the requirement of any bank representative. It is a contactless process.
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