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What method is used by the Bank to read code on cheque?

  • A.MICR
  • B.OCR
  • C.OMR
  • D.None

Answer: A

Correct answer: MICR

Magnetic Ink Character Recognition reads the numbers along the bottom of a cheque, printed in magnetic ink in a special typeface. Because the characters are read magnetically rather than optically, a cheque that has been folded, stamped or written over is still read correctly - which is why the technique survived so long.

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