KBC 2022| What do the letters ‘MI’ stand for in MICR, a technology used widely in banking to scan and read information?

KBC 2022

KBC 2022| Choose the correct option :

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 : option B. Magnetic Ink