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      Question

      The concept “White Label ATMs” are meant for

      _______.
      A Banks Correct Answer Incorrect Answer
      B Non Banking Entities Correct Answer Incorrect Answer
      C NBFC’s Correct Answer Incorrect Answer
      D SHG Correct Answer Incorrect Answer
      E RBI Correct Answer Incorrect Answer

      Solution

      White Label ATM means the machines established, owned, and operated by non-bank entities. They are almost like bank ATMs. Even more facilities and services are provided in them like mobile recharge and bill payment. 

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