Input and Interpretation of Information on Bank Cheques
MICR (Magnetic Ink Character Recognition)
- MICR technology is commonly used in banks to input and interpret information printed on bank cheques.
- It involves the use of magnetic ink and specialized readers to capture and interpret the characters printed on the cheques.
- The characters on the cheques are printed using a special font known as MICR E-13B, which contains magnetic particles that can be easily read by the MICR reader.
- The MICR reader scans the cheque and converts the magnetic ink characters into digital data that can be processed by the bank's systems.
OMR (Optical Mark Recognition)
- OMR technology is not typically used for input and interpretation of information on bank cheques.
- OMR is commonly used for tasks such as reading answer sheets in multiple-choice exams or processing surveys.
- It involves the use of special forms with pre-defined areas that can be marked using a pencil or pen.
- The OMR reader scans the form and detects the marked areas, interpreting them as specific responses or data.
CAD (Computer-Aided Design)
- CAD is not used for input and interpretation of information on bank cheques.
- CAD is a software technology used for creating and modifying designs in various industries, such as architecture, engineering, and manufacturing.
- It is not specifically designed for reading or processing printed text or characters.
OCR (Optical Character Recognition)
- OCR technology can be used to input and interpret information printed on bank cheques.
- OCR involves the use of specialized software and scanners to recognize and convert printed characters into digital text.
- The software analyzes the scanned image of the cheque, identifies the characters, and converts them into editable and searchable text.
- OCR can be useful for automatically extracting information from cheques, such as account numbers, payee names, and amounts.
In conclusion, the correct answer is A: MICR. MICR technology is commonly used in banks to input and interpret information printed on bank cheques, while OCR can also be used for this purpose. OMR and CAD are not typically used for this specific task.