Micr is a technology used by banks and other financial businesses that helps recognize if paper documents are real or fake. Non micr just means that a business does not use this technology at all.
Defination for NON-MICR CHEQUES
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MICR stands for Magnetic Ink Character Recognition. OCR stands for Optical Character Recognition. The former uses magnetic ink, the latter doesn't.
I think khetri is non micr centre, micr branches issue cheques with micr code on your cheque ist is cheque serial no follwed by micr code of the branch
difference between a proposition and non proposition
Agriculture is farming and non-agriculture is non farming.
Difference between typing and non typing keys
Discuss the difference between managerial and non managerial tasks?
what is difference between operatyional and non operational communication
what is the difference between statutory audit and non statutory audit.
The terms nonprofit and not-for-profit are often used interchangeably, but they have distinct meanings: 1. Purpose & Operation Nonprofit organizations exist to serve a public or social cause without the goal of making profits for individuals. Any surplus funds are reinvested into the organization’s mission. Examples include charities, educational institutions, and healthcare organizations. Not-for-profit organizations are typically smaller groups that do not operate for profit but may serve a specific interest or group, like hobby clubs, sports associations, or religious organizations. 2. Financial Differences Nonprofits can receive donations, grants, and tax-exempt status (depending on the country’s regulations). Their financial activities must align with their mission. Not-for-profits can also generate revenue, but their funds are used only for the group’s operations and not for a broader public cause. 3. Tax Exemption Nonprofits (like Standard Sunrise Foundation) usually qualify for tax-exempt status under laws like the U.S. 501(c)(3). Not-for-profits may not always have tax exemptions and are subject to different regulations. 4. Employee Salaries & Structure Nonprofits often have a formal structure with paid employees. Not-for-profits are mostly volunteer-run, though they can have some paid staff. Both types aim to serve a cause rather than generate personal profit, but nonprofits focus on public benefit, while not-for-profits serve private interests.
No difference.