What is the full form of the banking transaction tracking system acronym MICR? MCQ with Answer and Explanation

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What is the full form of the banking transaction tracking system acronym MICR?

A. Management Ink Character Registration

B. Magnetic Information Code Recognition

C. Magnetic Ink Character Recognition

D. Magnetic Ink Character Reader

Answer: Option C

Solution (By JKExamLibrary)

The banking acronym MICR resolves fully to Magnetic Ink Character Recognition, using specialized magnetic scanner heads to read cheque codes rapidly.

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What did the old physical visual terminal monitor abbreviation CRT stand for?

A. Cathode Rendering Technology

B. Common Rate Terminal

C. Central Ray Tube

D. Cathode Ray Tube

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Correct Answer: Option D

Explanation:
CRT stands for Cathode Ray Tube, steering high-energy electron guns inside vacuum tubes to illuminate glowing phosphor pixels.

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Question #2

Within a CPU, what does the abbreviation ALU represent?

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C. Arithmetic Logic Unit

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Correct Answer: Option C

Explanation:
ALU stands for Arithmetic Logic Unit. It is the part of the CPU that performs all arithmetic computations (addition, subtraction) and logical operations (AND, OR, NOT).

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What is the full form of the peripheral interconnect standard abbreviation USB?

A. Universal Serial Bus

B. Unified Serial Bus

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Correct Answer: Option A

Explanation:
USB stands for Universal Serial Bus. It provides standardized physical interfaces, cable assemblies, and communication rules across wide families of hot-swappable external peripherals.

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