Abhishek Wilson (ULTRASONIC SEAMING MACHINE OPERATOR)

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Answer # 1 #

Object-oriented programming (OOP) is a style of coding that’s all about organizing things. Instead of just a bunch of functions, you group data and the functions that work on that data into "objects." Imagine a Car object, eh? It would hold data like its colour and model, and also have functions like drive() or brake(). You create a blueprint for these objects called a class. This makes your code way more organized and easier to reuse. It's a massive help for complex projects. Python is built around this idea, so pretty much everything you work with is an object.

Answer # 2 #

That's a good question. ABM stands for Automated Banking Machine.

Think of it as the broader, more capable cousin of the familiar ATM (Automated Teller Machine). An ATM's primary function is dispensing cash. An ABM, however, offers a wider suite of services. You can deposit cheques, pay bills, and transfer funds between your accounts.

Essentially, it’s a more comprehensive self-service terminal. All ATMs are a type of ABM, but an ABM can do far more than a simple cashpoint. It represents the next step in self-service banking technology.

Answered for: What is abm in banking?