Question: On June 27, 2017, ATMs completed 50 years of operation. Wherewasthe world’sfirst ATM installed?
(a) New York
(b) London
(c) Tokyo
(d) Toronto
Answer- (b)
Related facts:
- On June 27, 2017, ATM i.e. Automated Teller Machine completed 50 years of operation.
- Significantly, the world’s the first ATM (automated teller machine) was opened on June 27, 1967 at a branch of Barclays bank in Enfield, north London.
- English actor Reg Varney was the first person (inaugurated) to withdraw cash from the new machine.
- The original ATM was the brainchild of India born John Shepherd-Barron.
- It is notable that the first ATM in India was opened in 1987.
- It was introduced by Hong Kong and Shanghai Banking Corporation Limited (HSBC Ltd.) at Mumbai.
- State Bank of India (SBI) is the largest ATM facility provider in the country,While Axis Bank is the largest private sector ATM service provider bank.
- The State Bank of India (SBI) has installed an ATM machine on board INS Vikramaditya, the largest warship and the latest aircraft carrier of the Indian Navy.
Reference:
https://www.atmia.com/committees/atm-50th-anniversary/
https://www.irishtimes.com/business/personal-finance/the-atm-is-50-years-old-happy-birthday-friend-1.3135275
https://www.reuters.com/article/us-atm-anniversary-idUSKBN19I166
https://en.wikipedia.org/wiki/Automated_teller_machine
http://www.thehindubusinessline.com/money-and-banking/sbi-installs-atm-on-board-ins-vikramaditya/article9501583.ece