| Read the following statements. |
| Statement 1: MICR is used to process the cheques by the banking sectors. |
| Statement 2: OCR is used to process the cheques by the banking sectors. |
| Statement 3: MICR contains characters written in special ink that are machine readable. |
| Which of the following is/are true with reference to these three statements? |
A) Statement 1 and 3 are true and statement 2 is false.
B) Statement 2 and 3 are true and statement 1 is false.
C) Statement 1 and 2 are true and statement 3 is false.
D) All are true
E) . None of these
Correct Answer: A
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