Question

What is the full form of PIN in the parlance of an ATM card?

• A. Permanent Information Number
• B. Personal Identification Number
• C. Professional Identification Number
• D. Permanent Identification Number

Answer 1

The correct option is B Personal Identification Number

Full form of ATM is 'Automated Teller Machine'.
In ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe that contains a unique card number and some security information. Authentication is provided by the customer entering a Personal Identification Number (PIN). Using an ATM, customers can access their bank accounts in order to make cash withdrawals and check their account balances.