Multiple choice

MICRs are commonly used in _____.

  1. retail trade for labelling goods

  2. banks

  3. radio communication

  4. none of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

MICR (Magnetic Ink Character Recognition) is primarily used in banking for processing checks and other financial documents. The special magnetic ink allows machines to read account numbers and routing information even when printed over, making it essential for automated check processing.