Indian Banks Association (IBA) has a common net working system forsharing the ATM facilities in Mumbai, which is known as
A)atm network
B)shared payment network system
C)cash network
D)none of these

Question

Quizplus · Accepted Answer

The correct answer is B) shared payment network system. This system allows multiple banks to share ATM facilities, enabling customers of one bank to use ATMs of other banks within the network, thus offering greater convenience and accessibility.

Indian Banks Association (IBA) Has a Common Net Working System