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Q: ATM is the abbreviated form of
  • A. Automatic Teller Machine )
  • B. Automated Teller Machine
  • C. All Time Money
  • D. Automatic Tally Machine
Correct Answer: Option B - The ATM, also known as the 'Automated Teller Machine' is an automated electronic outlet (banking) that provides cash with the help of debit or credit card. John Adrian Shepherd is considered its inventor. It was first used in 1967 in London.
B. The ATM, also known as the 'Automated Teller Machine' is an automated electronic outlet (banking) that provides cash with the help of debit or credit card. John Adrian Shepherd is considered its inventor. It was first used in 1967 in London.

Explanations:

The ATM, also known as the 'Automated Teller Machine' is an automated electronic outlet (banking) that provides cash with the help of debit or credit card. John Adrian Shepherd is considered its inventor. It was first used in 1967 in London.