COMPUTER FUNDAMENTALS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is MICR stands for?
A
Magnetic Ink Character Recognition
B
Mark Ink Character Recognition
C
Magnetic Infuser Character Recognition
D
Magnetic Ink Compiler Recognition
Explanation: 

Detailed explanation-1: -MICR (magnetic ink character recognition) is a technology invented in the 1950s that’s used to verify the legitimacy or originality of checks and other paper documents. Special ink, which is sensitive to magnetic fields, is used to print certain characters on the original documents.

Detailed explanation-2: -MICR characters are printed on documents in one of the two MICR fonts, using magnetizable (commonly known as magnetic) ink or toner, usually containing iron oxide.

Detailed explanation-3: -Magnetic ink is used in the printing of the currency. Each denomination has a different face and, therefore, a different magnetic signature. Similar to a bar code reader, the machines recognize the denomination by its magnetic signature.

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