MICR stands for_________?

Correct answer: A. Magnetic ink character recognition

  • A. Magnetic ink character recognition
  • B. Magnetic Ink Code Reader
  • C. Magnetic Ink Cases Reader
  • D. None of these

Explanation

MICR means Magnetic Ink Character Recognition, a technology that reads magnetically printed characters on bank cheques. It is recognition of characters, not a magnetic ink code reader or case reader.

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