Banking Computers Rajasthan Banking Assistant Exam Held on 15-03-2015

  • question_answer Which of the following devices is used by banks to read the bottom stripes on a cheque?

    A)  MICR Reader    

    B)  Adobe Reader

    C)  Scanner           

    D)  Spoiler

    E)  None of these

    Correct Answer: A

    Solution :

    [a] Magnetic Ink character Recognition (MICR) is use in banks to process large volumes of cheques. It is used for recognizing the magnetic encoding number printed at the bottom of a cheque. At the bottom of every cheque printed in a special font using magnetic ink, is he bank account number and cheque number. MICR reader can read these special numbers.

You need to login to perform this action.
You will be redirected in 3 sec spinner