In processing cheques which of the following I/O techniques do the banks, generally, follow?

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(b) MICR — MICR is a code printed on cheque using Magnetic Ink Character Recognition technology (MICR).This enables the identification of cheques, which means faster processing. An MICR is a 9-digit code (first three digits represents the city, next three digits represents bank and last three digits represents branch) that uniquely identifies the bank and branch participating in an electronic clearing system.

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(A) OCR

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(C) Barcode

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(D) VRT

In processing cheques which of the following I/O techniques do the banks, generally, follow?

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