General Knowledge · Computer Terminology
Which of the following recognition technologies is primarily used by banks to process and clear paper cheques?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Optical Character Reader (OCR)
- 2Barcode Reader
- 3Optical Mark Reader (OMR)
- 4Magnetic Ink Character Recognition (MICR)✓
Correct answer
Magnetic Ink Character Recognition (MICR)
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