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Which technology is used in banks to read special characters printed on cheques?

Answer and explanation

Correct answer: Magnetic Ink Character Recognition

The governing concept is specialised character-recognition technology. Magnetic Ink Character Recognition, or MICR, reads the specially printed magnetic-ink characters along the lower part of bank cheques, so option A is correct. OMR detects filled marks on forms, OCR recognises ordinary printed characters, and barcode recognition decodes patterned bars. The banking and cheque context specifically identifies MICR.

Related tags

MicrChequesBankingInput TechnologyCharacter RecognitionBasic Components Of A Computer SystemIct (Information & Communication Technology) Skills IIct Information Communication Technology Skills I

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