Question : ATM stands for:
Option 1: Any Time Money
Option 2: Auto Technology Money
Option 3: Automated Teller Machine
Option 4: Automatic Transaction Machinery
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Correct Answer: Automated Teller Machine
Solution : The correct answer is Automated Teller Machine.
ATM is an abbreviation for Automated Teller Machine . It is a self-service banking machine that enables consumers to do simple transactions without the assistance of a human teller. ATMs help check account balances, transfer money between accounts, and withdraw cash or deposit cheques.
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