Banking Awareness Set 53 (Types of ATM)

Banking Awareness on Types of ATM

Banking Awareness Questions on Types of ATMs. Important Banking Questions for SBI PO, IBPS PO, NIACL, NICL, IPPB, RRB PO, Clerk etc.

  1. The ATM that is present within the premises of its bank is called?
    A) On-site ATM
    B) Off-site ATM
    C) In-Premises ATM
    D) In-Line ATM
    View Answer
    Option A
    Explanation
    : Such ATMs that are present within the premises of the bank are called On-Site ATMs
  2. The ATMs that are not located within the premises of the bank and are located at some different place are known as?
    A) On-site ATM
    B) Off-site ATM
    C) In-Premises ATM
    D) Off-Line ATM
    View Answer
    Option B
    Explanation
    : Off-site ATM
  3. A _____ is an ATM, located within the premises of an organisation and is generally meant only for the employees of the organization.
    A) On-site ATM
    B) Off-site ATM
    C) Worksite ATM
    D) Off-Line ATM
    View Answer
    Option C
    Explanation
    : Worksite ATM
  4. ________ refers to an ATM that moves in various areas for the customers.
    A) On-site ATM
    B) Off-site ATM
    C) Mobile ATM
    D) Cash Dispenser
    View Answer
    Option C
    Explanation
    : Mobile ATM
  5. ATMs set up, owned and operated by non-banks are called _______.
    A) Brown Label ATM
    B) White Label ATM
    C) Pink Label ATM
    D) Blue Label ATM
    View Answer
    Option B
    Explanation
    : ATMs set up, owned and operated by non-banks are called White Label ATMs. In White Label ATM scenario, logo displayed on ATM machine and in ATM premises pertain to WLA Operator instead of a bank.
  6. An ATM in which cash management and connectivity to banking networks is provided by a sponsor bank is known as?
    A) Brown Label ATM
    B) White Label ATM
    C) Pink Label ATM
    D) Blue Label ATM
    View Answer
    Option A
    Explanation
    : Brown Label ATM are those Automated Teller Machines where hardware and the lease of the ATM machine is owned by a service provider–but cash management and connectivity to banking networks is provided by a sponsor bank .
  7. Which of the following ATM is provided for Agricultural Transaction?
    A) Pink Label ATM
    B) Orange Label ATM
    C) Yellow Label ATM
    D) Green Label ATM
    View Answer
    Option D
    Explanation
    : Green Label ATM
  8. Which of the following type of ATM is exclusively for women?
    A) Pink Label ATM
    B) Orange Label ATM
    C) Yellow Label ATM
    D) Green Label ATM
    View Answer
    Option A
    Explanation
    : Pink Label ATM. Such ATM are monitored by guards who ensure that only women access these ATM. The sole purpose of such ATM is to mitigate the problem of women standing in long queues of ATM
  9. The ATM that is connected to the database of the banks all the time is known as?
    A) On-site ATM
    B) Off-site ATM
    C) On-Line ATM
    D) Off-Line ATM
    View Answer
    Option C
    Explanation
    :
  10. The ATMs which uses security features like fingerprint scanner and eye scanner of the customer to access the bank details are called?
    A) Micro ATM
    B) Biometric ATM
    C) Mini ATM
    D) Domain ATM
    View Answer
    Option B
    Explanation
    : Biometric ATM

 

 

For More Banking Awareness Quiz Click Here

 

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59 Thoughts to “Banking Awareness Set 53 (Types of ATM)”

  1. Barbie Warrior Girl (。♥‿♥。)

    9//10

    Tq 🙂

  2. MiMi

    9/10 thnk u :))

    1. Divaker

      Dekha 9/10 1 galt kyun kar diya

      1. MiMi

        agriculture wala wo question wrong ho gaya…

        1. Divaker

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  3. sachin shukla@ my turn 2017

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    1. MiMi

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      1. sachin shukla@ my turn 2017

        thankuuu mimi

          1. sachin shukla@ my turn 2017

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          2. MiMi

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          7. MiMi

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          9. MiMi

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          10. sachin shukla@ my turn 2017

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          11. MiMi

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          12. sachin shukla@ my turn 2017

            achha krta hu

    2. MiMi

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      1. sachin shukla@ my turn 2017

        why?

        1. MiMi

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          1. sachin shukla@ my turn 2017

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          2. MiMi

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          3. sachin shukla@ my turn 2017

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          6. sachin shukla@ my turn 2017

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          7. MiMi

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          10. MiMi

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      2. sachin shukla@ my turn 2017

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        1. sachin shukla@ my turn 2017

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        2. MiMi

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          1. sachin shukla@ my turn 2017

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          2. sachin shukla@ my turn 2017

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    3. tara

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      1. tara

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  4. sachin shukla@ my turn 2017

    10/10 ty

  5. Destiny : ultimate

    9/10
    Ty sir 🙂

  6. gomathy priya

    9/10

  7. wont rest until i get success

    @surajskt:disqus SIR PLEASE GIVE SOME EXAMPLES OF ONLINE TM AND OFFLINE ATM

    1. Suraj

      online atm are connected to the bank/atm network 24 hours…. real time processing occurs in this.. as and when money is withdrawn instantaneously it gets reflected in bank account
      offline atm are not connected to bank servers for all 24 hours,, the data is synchronized once in a while.. so suppose you have Rs 500 in ur account, and u withdraw Rs 1000 from offline atm, still u will get Rs 1000, as the atm is not connected to the bank server and atm doesnot knows how much money u have in your account.. so to tackle this problem there is certain limitation of withdrawal from offline atm.. and even if such incidence of withdrawal of more money occurs, bank will charge certain fine for this.

      1. wont rest until i get success

        thank you sir

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