In processing cheques which of the following I/O techniques have banks traditionally followed?

In processing cheques which of the following I/O techniques have banks traditionally followed? Correct Answer MICR (Magnetic Ink Character Recognition)

MICR code is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents. The MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type indicator, bank code, bank account number, cheque number, cheque amount, and a control indicator.

Source : wikipedia.org

Related Questions

In Banks we use MICR cheques. What does this 'MICR' stand for?
Choose the active form of the sentence-The cheques are being signed by the manager.
Place where bankers exchange cheques and adjust balances
Which of the following have people traditionally done better than computers?
Which of the following have computers traditionally done better than people?