Question

Apart from offering post and telegraph services, a post office in India may also provide which of the following services?

• A. Transfer of money
• B. Collecting payments on behalf of the government
• C. Financial services like savings bank accounts
• D. All of these

Answer 1

The correct option is D All of these

Apart from offering post and telegraph services, a post office in India also provides the following services:

• Transfer of money: money can be transferred through postal service and is called Money order
  
• Collecting money: it sends orders and notices to the people who are in debt to the government.
  
• Savings: The post office offers a number of savings plans, including National Savings Certificates, the Public Provident Fund,savings-bank accounts, monthly income plans, senior-citizens' savings plans and time-deposit accounts.
  
• Insurance: It is also provides various insura.nce schemes and policies.