Computer Aptitude - Computer Abbreviations
What does MICR stand for in computer-based banking systems?
What does MICR stand for in computer-based banking systems?
medium Q15 of 15
Step-by-Step Solution
Step 1: Identify usage
MICR is used in bank cheque processing.Step 2: Recall expansion
MICR stands for Magnetic Ink Character Recognition.Step 3: Confirm matching option
Option A matches the standard meaning.Final Answer:
Magnetic Ink Character Recognition → Option AQuick Check:
MICR is based on magnetic ink technology → Option A uses both ‘Magnetic’ and ‘Ink’.
Quick Trick: If it relates to bank cheque reading, choose Magnetic Ink Character Recognition.
Common Mistakes:
- Choosing options with ‘Machine’ or ‘Code’, which are distractors.
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