In financial security and check validation setups, what does the primary acronym MICR mean? MCQ with Answer and Explanation

In financial security and check validation setups, what does the primary acronym MICR mean?
A. Magnetic Ink Character Recognition
B. Management Ink Character Registration
C. Magnetic Ink Character Reader
D. Magnetic Information Code Recognition
Answer: Option A
Solution (By JKExamLibrary)
The banking acronym MICR represents Magnetic Ink Character Recognition, analyzing specialized iron oxide symbol sequences on banking documents.

This question belongs to: Computer Computer Abbreviations

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Practice More Computer Abbreviations Questions

Question #1 Report Error
What does the persistent internet resource tagging abbreviation URN stand for?
A. Unique Resource Name
B. Universal Resource Network
C. Uniform Resource Name
D. Unified Resource Number

Correct Answer: Option C


Explanation:
URN stands for Uniform Resource Name. It identifies an online asset by name within a persistent namespace, remaining valid even if the resource moves to a different physical address.

This question belongs to: Computer Computer Abbreviations
Question #2 Report Error
What is the full form of MICR?
A. Magnetic Ink Character Recognition
B. Magnetic Ink Character Reader
C. Magnetic Information Code Recognition
D. Management Ink Character Registration

Correct Answer: Option A


Explanation:
MICR stands for Magnetic Ink Character Recognition, relying on specialized iron oxide pigments for mechanical scanner tracking.

This question belongs to: Computer Computer Abbreviations
Question #3 Report Error
What is the complete expansion of the high-speed bus interface standard PCIe?
A. Peripheral Component Interconnect Embedded
B. Peripheral Component Interface Extended
C. Peripheral Component Interconnect Express
D. Primary Connection Interconnect Express

Correct Answer: Option C


Explanation:
PCIe stands for Peripheral Component Interconnect Express. It implements isolated point-to-point serial communication pathways to massively transcend the performance limitations of legacy parallel buses.

This question belongs to: Computer Computer Abbreviations