General Knowledge · General Awareness

Regarding White Label ATMs (WLAs) in India, consider the following statements: Statement I: White Label ATMs do not display the logo of any specific bank; instead, they display the logo of the non-bank operator. Statement II: The primary responsibility for KYC validation rests solely with the non-bank operator without bank involvement. Statement III: Customers using a WLA are entitled to free transactions per month as per RBI guidelines on ATM usage. Which of the statements given above are correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

Only I and III

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