What is the complete expansion of the financial document validation standard abbreviation MICR? MCQ with Answer and Explanation

What is the complete expansion of the financial document validation standard abbreviation MICR?
A. Magnetic Information Code Recognition
B. Magnetic Ink Character Reader
C. Magnetic Ink Character Recognition
D. Management Ink Character Registration
Answer: Option C
Solution (By JKSSB Mock Tests)
The clearing acronym MICR translates completely into Magnetic Ink Character Recognition, verifying iron oxide check stamps securely to avoid transaction fraud.

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Practice More Computer Abbreviations Questions

Question #1
In basic browser data exchange transactions, what does the primary acronym HTTP mean?
A. Hyperlink Transfer Protocol
B. Hypertext Transfer Protocol
C. Hypermedia Transfer Protocol
D. Hypertext Transmission Protocol

Correct Answer: Option B


Explanation:
The link layer acronym HTTP represents Hypertext Transfer Protocol, mapping standard client-server request and response layouts over internet nodes.

This question belongs to: Computer Computer Abbreviations
Question #2
What does the check screening standard abbreviation MICR represent?
A. Magnetic Information Code Recognition
B. Magnetic Ink Character Reader
C. Magnetic Ink Character Recognition
D. Management Ink Character Registration

Correct Answer: Option C


Explanation:
The acronym MICR expands directly into Magnetic Ink Character Recognition, allowing automated teller sorting lines to read transaction check roots quickly.

This question belongs to: Computer Computer Abbreviations
Question #3
What does the standard memory chip abbreviation PROM stand for?
A. Primary Read-Only Memory
B. Process Read-Only Memory
C. Programmable Read-Only Memory
D. Peripheral Read-Only Memory

Correct Answer: Option C


Explanation:
PROM stands for Programmable Read-Only Memory. It is a blank non-volatile chip that can be custom programmed exactly once by a user or developer using a specialized hardware burner.

This question belongs to: Computer Computer Abbreviations