MCQOPTIONS
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| 1. |
Which among the following is correct about the ―White Label ATM‖: |
| A. | Any non bank entity with a minimum net worth of Rs. 100 crore can apply for white label ATMs. (Not Just NBFCs, any non bank entity can apply) |
| B. | White Label ATM does not carry any bank’s logo. |
| C. | RBI has given license/permission to non – bank entities to open White Label ATMs. |
| D. | Sponsor Bank provides the cash. |
| E. | All of the Above |
| Answer» F. | |