Question
When an ATM is owned and operated by non-bank entities,
that is called ____________.Solution
ATMs set up, owned and operated by non-bank entities are called white label ATMs. They are authorized under the Payment and Settlement Systems Act, 2007, by the RBI. Cash in ATMs is provided by the sponsored bank while ATM machine does not have any branding of Bank.
More Economy and Banking and Finance Static Concepts Questions
- Identify x such that x% of 540 plus {1080 ÷ x of 9} × 6 gives 162
- Determine the value of ‘p’ if p = √529 + √1444
2/5 of 3/4 of 7/9 of 14400 = ?
(32.1)² + (46.8)² - (28.8)² =? + 2257.97
(36/8)2 × (912/38) ÷ (122/1586) = ?
...What value should come in the place of (?) in the following questions.
336 ÷ 6 ÷ √16 * ? = 1400 ÷ 4
If 1.123 × 3.211 = 3.122 + ______________, then the number in blank space is
3.3 Times 2/27 of 40% of 364=?
√529 + √64 + 92 = ?
(3/7) of 700 + 33(1/3)% of 339 - 69 =?
