Banking awareness quiz 59 (On ATM's in India)

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Q 1) What the ATM machines known as that are set up in the premises where there is a bank branch ?

On site ATM

Off site ATM

Branch ATM

Bank Branch ATM

Q 2) What are the ATMs known , which are installed anywhere, but not within the branch premises ?

A. Standalone ATM

B. Off site ATM

C. On site ATM

D. Both A & B

Q 3) What is the name of ATMs where hardware and the lease of the ATM machine is owned by a service provider, but cash management and connectivity to banking networks is provided by a sponsor bank whose brand is used on the ATM ?

Black Label ATM'S

White label ATM's

Brown Label ATM'S

Blue Label ATM'S

Q 4) What is the name of the Automated Teller Machines set up, owned and operated by non-bank entities ?

Black Label ATM'S

Blue Label ATM'S

White label ATM's

Brown Label ATM'S

Q 5) RBI has permitted non-bank entities to set up White lable ATM's in India under the _______ .

Nationalisation Act ,1969

Banking Regulation Act , 1949

RBI Act , 1949

Companies Act,1956

Q 6) Which is the first non-bank entity to launch first White Label ATM in India ?

Muthoot Finance

Tata Communications Payment Solutions

Prizm Payment Services

Vakrangee Ltd

Q 7) What is the Brand name Tata Communications Payment Solutions Ltd white label ATM ?

Indicash

IndiAtm

Tatacash

TataCom

Q 8) Where the The first Indicash ATM was inaugurated ?

Madha Pradesh

Maharastra

Kerala

Uttar Pradesh

Q 9) How many non-bank entities were permitted by RBI to set up white label ATMs in india ?

Two

Six

Three

Four

Q 10) What is the time limit for the card issuing banks for recrediting the customers account for a failed ATM/WLA transaction ?

30 Days

15 Days

7 Days

5 Days

Take More Banking Awareness Quizzes from below

• Banking awareness quiz 60(On NRI Accounts)
• Banking awareness quiz 58(On KYC)
• Banking awareness quiz 57(On Bank Accounts - 2)
• Banking awareness quiz 56(On Bank Accounts)
• Banking awareness quiz 55(On previously asked questions - 6)

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