ATM was first introduced in India by Hongkong and Singapore Banking Corporation (HSBC) in the year

1984
1989
1982
1987

The correct answer is: A. 1984

The first ATM in India was installed by the Hongkong and Shanghai Banking Corporation (HSBC) in 1984 at its Fort branch in Mumbai. The ATM was a joint venture

between HSBC and the State Bank of India. The ATM was a huge success and soon other banks followed suit. Today, there are over 200,000 ATMs in India.

Option B is incorrect because the first ATM in India was installed in 1984, not 1989.

Option C is incorrect because the first ATM in India was installed in 1984, not 1982.

Option D is incorrect because the first ATM in India was installed in 1984, not 1987.

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