MICR character set consists of only 2 digits 0 and 1.
Answer: B
Correct answer: False
The E-13B character set used for MICR has fourteen characters: the ten digits 0 to 9 and four special symbols marking the transit, amount, on-us and dash fields on a cheque.
Restricting it to two would make it useless for printing account and cheque numbers, which is its whole purpose. The characters have a deliberately distinctive shape, with thick and thin strokes, so that each produces a waveform the read head can distinguish unambiguously.
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