ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Accounting >> Accounting General
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1915)
 Accounting General interview questions  Accounting General Interview Questions (2841)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4374)
Question
what is MICR CODE AND BSR CODE HOW IT WAS DIFFERENT?
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
MICR means "Magnetic Ink Character Recognition" code used
by banks to identify cheques.

BSR code means : basic Statistical return" code used by
Income tax dept to identify the tax collecting bank while
submitting online return. Every bank has a unique BSR code.
 
Is This Answer Correct ?    75 Yes 2 No
T
 
Answer
# 2
MICR means "Magnetic Ink Character Recognition" which are
unique code for a particular branch of a particular bank to
identify the bank

while BSR code is used by any authority to identify bank in
which such tranasction of govt occured.
 
Is This Answer Correct ?    24 Yes 8 No
Mr.roshan Dahal
 
 
 
Answer
# 3
MICR means "Magnetic Ink Character Recognition" which are
unique code to identify the particular branch of a
particular bank

while BSR code is used by any authority to identify bank in
which such tranasction of govt occured.

Both are different because one is identify the branch of
any bank and another is identify the tranjection
 
Is This Answer Correct ?    19 Yes 7 No
Hari Shankar Sharma
 

 
 
 
Other Accounting General Interview Questions
 
  Question Asked @ Answers
 
What is personal account? HCL 4
PURCHASE A GOODS FROM VENKATFOR CASH,IT SHOULD BE CREDITED TO WHOM WIPRO 6
What is the meaning of contra entry   2
main features of different sources of short-term finance ?   1
ference between Reserve capital and capital reserve Capital-IQ 1 100   1
is we purchase any software like installation of MS Windows do we need to capitalize it or post it under head repair & maintenance A/c?   4
stock taken as drawing what should be the accounting entry   7
what is BRS and how it is prepared in BPO sector?? Please answer fast..... EXL 5
what is account payable   4
FIXED Asset - What is the most used method/right method in Depreciation in India and other countries..? (ie., Straight line method,Written down value method. or etc.,). The calculation for depreciation how it stand commonly in all organization..? Is there any difference between companies and assets..? Your answer will be highly appreciated. Thanks in advance.   3
what is bank occ   2
for which account the cost centre should be given?   1
 
For more Accounting General Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com