Banking General Awareness Modern Banking Question Bank Practice Questions - Modern Aspects of Banking

  • question_answer
    As per the notification issued by the banks, the 'third party ATM usage' will now be restricted to certain withdrawals and limits only. What does it really mean?
    I. The ATM card holders will not be able to withdrew from other banks' ATMs under any circumstances.
    II. Customers of one bank may be able to withdraw only a limited amount from other banks' ATMs.
    III. ATM card holders will have to pay a fee if they withdraw money from other banks' ATMs frequently.
    Select the correct answer under the codes given below:

    A)  Only I                         

    B)  Only II

    C)  Only III                       

    D)  II and III

    E)  I and III

    Correct Answer: D


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