what is MICR and when is it used
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Answer: MICR code (Magnetic Ink Character Recognition Code) is a pattern recognition system used mostly by the bank industry to identify the document 's originality and to enable the processing and approval of cheques and other papers. It is a technology that is used with the help of specific characters and ink.
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is a technology used to verify the legitimacy or originally of paper documents, especially checks .
special ink, which is senstive to magnetic fields, is used in the printing of certain characters on orginal documents. full form of MICR is magnetic ink character recognition
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