The device that is commonly used to read bank checks:
Correct answer: C. MICR
- A. Bar Code Reader
- B. Optical Mark Reader
- C. MICR
- D. Smart Card
Explanation
Micr is the correct answer.MICR' technology used for clearance of cheques by banks refers to Magnetic Ink Character Recognition.MICR code is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents. The MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type indicator, bank code, bank account number, cheque number, cheque amount, and a control indicator. The technology allows MICR readers to scan and read the information directly into a data-collection device. Unlike barcodes and similar technologies, MICR characters can be read easily by humans.
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Computer fundamentals covers the history and generations of computers, their characteristics, applications and limitations, and the basic data-processing cycle. It includes binary, decimal, octal and hexadecimal number systems, units of storage, input and output devices, memory types, operating systems, and the distinction between raw data and processed information.
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