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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