Institution: AGRANI BANK LTD Exam: Agrani bank Ltd - Senior Officer - 12.02.2010
Topic: ICT (তথ্য ও যোগাযোগ প্রযুক্তি), Subject: Computer and ICT (তথ্য ও যোগাযোগ প্রযুক্তি)

Best Answer Explained in Below-:

In the banking industry, the most commonly utilized scanner is the Magnetic Ink Character Recognition (MICR) scanner, making option A the correct choice. MICR technology is specifically designed to read and process checks and other banking documents that contain specially printed characters in magnetic ink. The unique format of MICR characters—typically found at the bottom of checks—allows high-speed processing of financial documents while ensuring accuracy and security.

MICR is crucial for the swift and secure handling of transactions, especially in automatic check processing systems. Its ability to recognize characters even when they are corrupted or distorted makes it a preferred choice in banking operations. The magnetic properties of the ink allow for reliable reading even in various environmental conditions, which is essential during high-volume processing.

In contrast, Optical Character Recognition (OCR) is generally used for reading printed text in various applications—not specifically tailored for banking documents—while Optical Mark Recognition (OMR) and Nuclear Magnetic Resonance (NMR) have limited relevance in this context. Therefore, MICR stands out as the key technology employed in the banking sector for the accurate and efficient processing of checks.