alleryWhere does an ATM card store the information used to reach a bank account?
AIn a paper strip
BIn a magnetic strip
CIn a glass layer
DIn a rubber ring
Answer & Solution
Correct answer: B. In a magnetic strip
1. Credit, debit and ATM cards have a strip on one side.
2. The strip is magnetic and encodes account contact information.
3. Paper, glass or rubber would not hold magnetic data.
_Source: Wikipedia, Magnet, Common uses_
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