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      Question

      ATMs that are set up, owned, and operated by non-banks

      are known as _______.
      A Black Label ATMs Correct Answer Incorrect Answer
      B White Label ATMs Correct Answer Incorrect Answer
      C Purple Label ATMs Correct Answer Incorrect Answer
      D Brown Label ATMs Correct Answer Incorrect Answer

      Solution

      White Label ATMs are those operated by non-bank entities. These ATMs provide banking services to customers from multiple banks, under the authorization and regulatory oversight of the Reserve Bank of India, enhancing financial accessibility.

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