What is the complete expansion of the financial document validation standard abbreviation MICR?
A. Magnetic Ink Character Recognition
B. Magnetic Ink Character Reader
C. Magnetic Information Code Recognition
D. Management Ink Character Registration
Answer: Option A
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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