Banking · Retail Banking
Which of the following statements regarding White Label ATMs (WLAs) are correct? 1. White Label ATMs are ATMs owned and operated by non-banking entities. 2. The RBI approved the operation and inclusion of White Label ATMs under the Payment and Settlement Systems Act, 2007. 3. White Label ATMs were introduced to expand India's ATM network, particularly in semi-urban and rural areas, to support financial inclusion.
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