Difficulty: Easy
Correct Answer: Ink
Explanation:
Introduction / Context:
This question belongs to computer and banking technology. MICR is a common term seen on bank cheques and refers to a special method of printing characters so they can be read by machines. Knowing the full form of MICR is a typical general science and general awareness requirement.
Given Data / Assumptions:
Concept / Approach:
MICR stands for Magnetic Ink Character Recognition. On cheques, the numbers printed at the bottom are printed using a special magnetic ink and special fonts. Machines read these characters to process cheques quickly and accurately. Therefore the letter I in MICR stands for Ink, not interactive, information, or instruction.
Step-by-Step Solution:
Verification / Alternative check:
Banking and computer textbooks, as well as actual cheque designs, often list the technology as Magnetic Ink Character Recognition. This confirms that the letter I must stand for Ink and not any other suggested term. The presence of special magnetic ink used to print the characters at the bottom of cheques further supports this.
Why Other Options Are Wrong:
Common Pitfalls:
Students sometimes guess words like Information or Instruction because these are common in computer terms. However, MICR is a very specific technology dealing with magnetic ink printed characters. Remembering that you actually see these characters at the bottom of cheques, printed with magnetic ink, makes it easier to recall that I stands for Ink.
Final Answer:
Ink
Discussion & Comments