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Q. In processing cheques which of the following I/O techniques have banks traditionally followed?
  • (A) OCR (Optical Character Recognition)
  • (B) MICR (Magnetic Ink Character Recognition)
  • (C) Barcode
  • (D) VRT (Volume Rendering Technique)
✅ Correct Answer: (B) MICR (Magnetic Ink Character Recognition)

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