Q286
MICR magnetic ink character recognition used in ________.
A.
Office
B.
Banks
AnswerC.
Corporate
D.
Admin
Answer: Option B
Solution
Answer: Option B
Solution:
MICR magnetic ink character recognition used in Banks. Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.