BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following services is NOT provided by the post offices in India?
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Savings Bank Scheme
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Retailing of Mutual Funds
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Sale of stamp Papers (Judicial)
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Issuance of Demand Drafts
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Explanation:
Detailed explanation-1: -Issuance of Demand Drafts Was this answer helpful?
Detailed explanation-2: -(b) Sale of Stamp is not a specialized Mail Service provided by Post Office. Postal services comprise different services. Mail service, Insurance Service, Banking services, etc is some of them. The mail service embraces Post card, Inland letter, Envelope, Parcel Post and Book Post.
Detailed explanation-3: -It touches the lives of Indian citizens in many ways: delivering mails, accepting deposits under Small Savings Schemes, providing life insurance cover under Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) and providing retail services like bill collection, sale of forms, etc.
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