Ques : What do the letters ‘MI’ stand for in MICR, a technology used widely in banking to scan and read information?

Magnetic Ink KBC

Ques : What do the letters ‘MI’ stand for in MICR, a technology used widely in banking to scan and read information?

A. Machine Input

B. Magnetic Ink

C. Machine Interface

D. Multiple Input

Ans : B. Magnetic Ink

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