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In the abbreviation MICR, what does 'C' stand for?
Question

In the abbreviation MICR, what does 'C' stand for?

A.

Corporate

B.

Colour

C.

Character

D.

Computer

Correct option is C

The correct answer is (c) Character
Explanation:
● MICR stands for Magnetic Ink Character Recognition.
● It is a technology used mainly by banks to process cheques by reading the special magnetic ink at the bottom.
Information Booster:
● The font used is typically E-13B or CMC-7.
● OCR stands for Optical Character Recognition.
Additional Knowledge:
● OMR stands for Optical Mark Recognition (used for MCQ sheets).

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