Question

ATMs can be accessed by :

• A. Credit Card
• B. Debit Card
• C. Both (a) and (b)
• D. None of these

Hint:

While debit cards are the primary tool for ATMs, credit cards also have ATM compatibility for cash advances.

Answer 1

The Correct Option is C

1. ATMs (Automated Teller Machines) are designed to accept plastic payment cards.
2. A Debit Card accesses money directly from a bank account.
3. A Credit Card allows cash withdrawal (cash advance) against a credit line.
4. Since both cards work in an ATM, the correct answer is "Both (a) and (b)".