📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      MICR code, is a technology used mainly by the banking

      industry to ease the processing and clearance of cheques and other documents. In MICR what does 'C' stands for?
      A Computer Correct Answer Incorrect Answer
      B Coded Correct Answer Incorrect Answer
      C Character Correct Answer Incorrect Answer
      D Compact Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Magnetic Ink Character Recognition code, known in short as MICR code, is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents. There are two major MICR fonts in use: E-13B and CMC-7. E-13B has a 14 character set, while CMC-7 has 15—the 10 numeric characters along with control characters.

      Practice Next
      More Computer knowledge Questions

      Relevant for Exams:

      ask-question