What is the complete expansion of the banking clearings technology acronym MICR? MCQ with Answer and Explanation

What is the complete expansion of the banking clearings technology acronym MICR?
A. Magnetic Ink Character Recognition
B. Magnetic Ink Character Reader
C. Management Ink Character Registration
D. Magnetic Information Code Recognition
Answer: Option A
Solution (By JKSSB Mock Tests)
The banking abbreviation MICR maps entirely into Magnetic Ink Character Recognition, analyzing specialized iron oxide font symbols mechanically.

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Practice More Computer Abbreviations Questions

Question #1
What is the full form of the banking transaction tracking system acronym MICR?
A. Magnetic Ink Character Reader
B. Magnetic Information Code Recognition
C. Management Ink Character Registration
D. Magnetic Ink Character Recognition

Correct Answer: Option D


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

This question belongs to: Computer Computer Abbreviations
Question #2
What does the processing acronym ALU stand for?
A. Arithmetic Level Unit
B. Array Logic Unit
C. Arithmetic Logic Unit
D. Algorithm Logical Unit

Correct Answer: Option C


Explanation:
ALU maps to Arithmetic Logic Unit, processing mathematical calculations inside the CPU.

This question belongs to: Computer Computer Abbreviations
Question #3
In basic computing hardware specifications, what does the primary acronym CPU mean?
A. Computer Processing Unit
B. Central Processor Utility
C. Central Processing Unit
D. Core Processing Unit

Correct Answer: Option C


Explanation:
The fundamental acronym CPU represents Central Processing Unit, operating as the core engine responsible for machine calculations.

This question belongs to: Computer Computer Abbreviations