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      Question

      What do ATMs set up, owned, and operated by non-banks

      commonly refer to?
      A Blue Label ATMs Correct Answer Incorrect Answer
      B Green Label ATMs Correct Answer Incorrect Answer
      C Red Label ATMs Correct Answer Incorrect Answer
      D White Label ATMs Correct Answer Incorrect Answer
      E Yellow Label ATMs Correct Answer Incorrect Answer

      Solution

      White Label ATM: ATMs set up, owned, and operated by non-banks are called white label ATMs. They are authorized under the Payment and Settlement Systems Act, 2007, by the Reserve Bank of India.

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