%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(38).png "Reserve Bank of India has issued new instructions to banks and White Label ATM Operators (WLAOs)")
Here are the key points:
a) 75%
b) 60%
c) 50%
d) 90%
- Availability of ₹100 and ₹200 Notes: By September 30, 2025, at least 75% of all ATMs must dispense ₹100 or ₹200 notes from at least one cassette. This requirement will increase to 90% by March 31, 2026.
- Objective: The move aims to improve the availability of lower denomination notes, which are in high demand for daily transactions, especially in rural and semi-urban areas.
- Implementation: Banks and WLAOs are required to reconfigure their ATM cassettes and upgrade software where necessary to meet these requirements.
- Compliance Monitoring: The RBI will closely monitor the implementation of these guidelines, and non-compliance may attract supervisory action.
Question:
Q.1 What percentage of ATMs must be configured to dispense ₹100 or ₹200 notes by September 30, 2025?a) 75%
b) 60%
c) 50%
d) 90%
Answer: a) As per RBI's guidelines, by September 30, 2025, at least 75% of ATMs must be able to dispense ₹100 or ₹200 notes from at least one cassette.
