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Question

Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank?
A. It does not accept deposits.
B. It has a limited cash disbursement capacity.
C. Lack of human interface

A
Only (A)
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B
Only (B)
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C
Only (C)
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D
All (A), (B) and (C)
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Solution

The correct option is C All (A), (B) and (C)
Automated Teller Machine (ATM) is an electro-mechanical machine that is used for making financial transactions basically to withdraw money from personal bank accounts. The limitations of ATMs are that it does not accept deposits, it has limited cash disbursement capacity and it lack human interface as it works of pin code.



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