Insured article limit in case currency note and any value of article a) 1,00,000 & 10,000 b) 20,000 & 1,00,000 c) 10,000 & 50,000 d) None of these

Insured article limit in case currency note and any value of article
a) 1,00,000 & 10,000 b) 20,000 & 1,00,000
c) 10,000 & 50,000 d) None of these
by

1 Answer

Answer :

b) 20,000 & 1,00,000
by

Related questions

Limit to branch office for booking of insured article is a) 1,00,000 b) 20,000 c) 600 d) No limit

Description : Limit to branch office for booking of insured article is a) 1,00,000 b) 20,000 c) 600 d) No limit

Last Answer : c) 600

Window delivery will be made in case of insured article vale is more than a) 500 b) 100 c) 200 d) No limit

Description : Window delivery will be made in case of insured article vale is more than a) 500 b) 100 c) 200 d) No limit

Last Answer : a) 500

A object for trace a bag or value payable or insured article mail during its course from the office of dispatch to the office of final destination is a a) Complaint b) Search Bill c) Delivery note d) None of these

Description : A object for trace a bag or value payable or insured article mail during its course from the office of dispatch to the office of final destination is a a) Complaint b) Search Bill c) Delivery note d) None of these

Last Answer : b) Search Bill

Time limit for complaints relating to compensation of insured article is a) 3 month from DOP b) 6 month from DOP c) 1 Year from DOP d) 2 Year from DOP

Description : Time limit for complaints relating to compensation of insured article is a) 3 month from DOP b) 6 month from DOP c) 1 Year from DOP d) 2 Year from DOP

Last Answer : a) 3 month from DOP

If a customer booking speed article for Rs 50,000/‐ to 1,00,000/‐ in a month then what is the rate of discount applicable for the speed booking ? a) 5% b) 3% c) 4% d) None of these

Description : If a customer booking speed article for Rs 50,000/‐ to 1,00,000/‐ in a month then what is the rate of discount applicable for the speed booking ? a) 5% b) 3% c) 4% d) None of these

Last Answer : a) 5%

Mark correct option a) When the airmail bag contain less than 50 articles and there is no insured article or air parcel an airmail cover of suitable size should be used instead of a bag b) When an air parcel is sent inside of airmail bag the label should bear “CAP” c) The weight of airmail bag or TB should not exceed 30 KG weight. d) Separate ins letter bag closed when more than 10 ins article for any office. e) All the above

Description : Mark correct option a) When the airmail bag contain less than 50 articles and there is no insured article or air parcel an airmail cover of suitable size should be used instead of a bag b) When an ... d) Separate ins letter bag closed when more than 10 ins article for any office. e) All the above

Last Answer : e) All the above

Mark the correct option. The Indian Post Office is exempted by law from all responsibility in the case of: (A) Loss, misdelivery or delay of registered article in course of transmission by post (B) Wrong payment of inland money order (C) Wrong delivery of insured letter (D) Wrong delivery of insured parcel

Description : Mark the correct option. The Indian Post Office is exempted by law from all responsibility in the case of: (A) Loss, misdelivery or delay of registered article in course of transmission by post ( ... of inland money order (C) Wrong delivery of insured letter (D) Wrong delivery of insured parcel

Last Answer : (A) Loss, misdelivery or delay of registered article in course of transmission by post

Liability in respect of postal articles insured hall be liable to pay compensation, not exceeding the amount for which a postal article has been insured, to the sender thereof for the loss of the postal article or its contents, or for any damage caused to it in course of transmission by post explained in a) Section 18 b) Section 33 c) Section 20 d) None of these

Description : Liability in respect of postal articles insured hall be liable to pay compensation, not exceeding the amount for which a postal article has been insured, to the sender thereof for the loss of the postal article or ... by post explained in a) Section 18 b) Section 33 c) Section 20 d) None of these

Last Answer : b) Section 33

Insured boxes dimensions and weight limit is a) Max 200X200X100, min as per letter & 2 Kg a) Max 300X200X100, min as per letter & 1 Kg a) Max 100X200X100, min as per letter & 4 Kg a) None of the above

Description : Insured boxes dimensions and weight limit is a) Max 200X200X100, min as per letter & 2 Kg a) Max 300X200X100, min as per letter & 1 Kg a) Max 100X200X100, min as per letter & 4 Kg a) None of the above

Last Answer : a) Max 300X200X100, min as per letter & 1 Kg

The instances in which name & address of sender to be given on outside cover of postal article. a) Insured articles b) VP article c) A foreign regd letter with AD d) All the above

Description : The instances in which name & address of sender to be given on outside cover of postal article. a) Insured articles b) VP article c) A foreign regd letter with AD d) All the above

Last Answer : d) All the above

The ascertained weight of the insured article noted against the entry in the regd /parcel list. a) Should be initialed by the PA/SA b) Initial is not necessary c) Initialed by both PA & PM d) None of these

Description : The ascertained weight of the insured article noted against the entry in the regd /parcel list. a) Should be initialed by the PA/SA b) Initial is not necessary c) Initialed by both PA & PM d) None of these

Last Answer : a) Should be initialed by the PA/SA

Insurance is compulsory, if the article contains a) Gold coins or bullion, currency notes & any other valuable articles b) VP articles below the value of Rs 600/- c) Containing lorry receipts d) All parcels exceeding 4 KG in weight

Description : Insurance is compulsory, if the article contains a) Gold coins or bullion, currency notes & any other valuable articles b) VP articles below the value of Rs 600/- c) Containing lorry receipts d) All parcels exceeding 4 KG in weight

Last Answer : a) Gold coins or bullion, currency notes & any other valuable articles

Mark the incorrect option a) Not more than one policy will be allowed for one child. The policy can be taken by insured for his/her own child only b) Not more than two children in a family shall be covered under this policy. The same child should not be covered under more than one policy c) The insured of main policy shall not be aged 45 years and above at the time of taking of children policy d) The age of the child note more than 18 year at the time of issue of children policy

Description : Mark the incorrect option a) Not more than one policy will be allowed for one child. The policy can be taken by insured for his/her own child only b) Not more than two children in a family shall be ... policy d) The age of the child note more than 18 year at the time of issue of children policy

Last Answer : d) The age of the child note more than 18 year at the time of issue of children pol

Limit of insured articles that can be entrusted to a postman for deliver in his beat is a) Up to Rs 250/- b) Up to Rs 600/- c) Up to Rs 500/- d) Up to Rs 5000/

Description : Limit of insured articles that can be entrusted to a postman for deliver in his beat is a) Up to Rs 250/- b) Up to Rs 600/- c) Up to Rs 500/- d) Up to Rs 5000/

Last Answer : c) Up to Rs 500/

The limit adopted in India for booking air insured letter is a) 20000 b) 5000 c) 10000 d) 100000

Description : The limit adopted in India for booking air insured letter is a) 20000 b) 5000 c) 10000 d) 100000

Last Answer : c) 10000

Witness is not necessary for delivery of a) Regd article addressed to an illiterate addressee b) An insured article received for delivery to a minor c) MO for payment an illiterate payee d) A TMO for payment to a payee without fingers

Description : Witness is not necessary for delivery of a) Regd article addressed to an illiterate addressee b) An insured article received for delivery to a minor c) MO for payment an illiterate payee d) A TMO for payment to a payee without fingers

Last Answer : b) An insured article received for delivery to a minor

Insured articles addressed to minor may be delivered to a) The minor to whom addressed b) It may be delivered to the neighbors c) No delivery of insured article be made d) The minor in the presence of person who take care of the minor

Description : Insured articles addressed to minor may be delivered to a) The minor to whom addressed b) It may be delivered to the neighbors c) No delivery of insured article be made d) The minor in the presence of person who take care of the minor

Last Answer : d) The minor in the presence of person who take care of the minor

The fee payable for acknowledgement card in respect of insured article is a) 3/- b) 1/- c) 5/- d) Free

Description : The fee payable for acknowledgement card in respect of insured article is a) 3/- b) 1/- c) 5/- d) Free

Last Answer : d) Free

In which cases registration is compulsory a) Any parcel exceed 4 kg b) Any insured artidle c) Any VP article d) All the above

Description : In which cases registration is compulsory a) Any parcel exceed 4 kg b) Any insured artidle c) Any VP article d) All the above

Last Answer : d) All the above

The addressee can be allowed to use facsimile impression for getting delivery of a) Registered letter b) Money order c) Insured article d) None of these

Description : The addressee can be allowed to use facsimile impression for getting delivery of a) Registered letter b) Money order c) Insured article d) None of these

Last Answer : a) Registered letter

When the addressee of a damaged insured article refuses to take delivery a) The article should be returned to the sender duly protected in a pro bag b) Police complaint to be lodged c) Reported to Divisional office for further order d) Returned to RLO

Description : When the addressee of a damaged insured article refuses to take delivery a) The article should be returned to the sender duly protected in a pro bag b) Police complaint to be lodged c) Reported to Divisional office for further order d) Returned to RLO

Last Answer : a) The article should be returned to the sender duly protected in a pro bag

Mark correct option a) The weight of TB should not be exceed 30 Kg weight b) MO check slip printed in red in on white or badami paper c) Registered bundle prepared there are three or more uninsured letter. d) Regd bag may contain cash bag, ordinary and VP regd article, insured envelope, regd bundle, ins bundle, ordinary &VP MO e) All the above

Description : Mark correct option a) The weight of TB should not be exceed 30 Kg weight b) MO check slip printed in red in on white or badami paper c) Registered bundle prepared there are three or more uninsured ... and VP regd article, insured envelope, regd bundle, ins bundle, ordinary &VP MO e) All the above

Last Answer : e) All the above

What is the ceiling on amount of Insured deposits kept by one person in different branches of a bank? A. Rs.25000 B. Rs.50000 C. Rs.75000 D. Rs.1,00,000 E. Rs.2,00,000

Description : What is the ceiling on amount of Insured deposits kept by one person in different branches of a bank? A. Rs.25000 B. Rs.50000 C. Rs.75000 D. Rs.1,00,000 E. Rs.2,00,000

Last Answer : D. Rs.1,00,000 Explanation: The deposits kept in different branches of a bank are aggregated for the purpose of insurance cover and a maximum amount upto Rupees one lakh is paid.

An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is (A) Rs. 8,43,750 (B) Rs. 8,75,000 (C) Rs. 10,50,000 (D) Rs. 11,56,250

Description : An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is (A) Rs. 8,43,750 (B) Rs. 8,75,000 (C) Rs. 10,50,000 (D) Rs. 11,56,250

Last Answer : (A) Rs. 8,43,750

What is the minimum amount of deposit into/withdrawal from currency chest? A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Description : What is the minimum amount of deposit into/withdrawal from currency chest? A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Last Answer : A. Rs.1,00,000 Explanation: The minimum amount of deposit into/withdrawal from currency chest will be Rs.1,00,000/- and thereafter, in multiples of Rs.50,000.

A client-server system uses a satellite network, with the satellite at a height of 40,000 kms. What is the best-case delay in response to a request? (Note that the speed of light in air is 3,00,000 km/second). (A) 133.33 m sec (B) 266.67 m sec (C) 400.00 m sec (D) 533.33 m sec

Description : A client-server system uses a satellite network, with the satellite at a height of 40,000 kms. What is the best-case delay in response to a request? (Note that the speed of light in air is 3,00,000 km/second). (A) 133.33 m sec (B) 266.67 m sec (C) 400.00 m sec (D) 533.33 m sec

Last Answer : (D) 533.33 m sec Explanation: The request has to go up and down, and the response has to go up and down. The total path length traversed is thus 160.000 km. The speed of light in air and vacuum is 300,000 km/sec, so the propagation delay alone is 160,000/300,000 sec or about 533 msec. 

The loss of a Speed Post article should be reported to the Police through FIR if the value of the contents of the article is: (A) 2500/- or more (B) 4,000/- or more (C) 5,000/- or more (D) 10,000/- or more

Description : The loss of a Speed Post article should be reported to the Police through FIR if the value of the contents of the article is: (A) 2500/- or more (B) 4,000/- or more (C) 5,000/- or more (D) 10,000/- or more

Last Answer : (C) 5,000/- or more

Mark the correct option relating to age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age limit is 50 year c) The max age limit for 15 and 20 year AEA is 45 and 40 respectively d) Under Ugal suraksha policy age at entry of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Description : Mark the correct option relating to age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age ... of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Last Answer : e) All the above

Value payable article VP fee is a) Up to 20/- Rs 2/- b) Exceeding 20/- to 50/- Rs 3/- c) Exceeding 50/- Rs 5/- d) All the above correct

Description : Value payable article VP fee is a) Up to 20/- Rs 2/- b) Exceeding 20/- to 50/- Rs 3/- c) Exceeding 50/- Rs 5/- d) All the above correct

Last Answer : d) All the above correct

From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10 Carrying cost per unit per annum: = Rs. 10 Purchase price per unit = Rs. 50 Re-order quantity at present = 45000 units There is discount of 10% per unit in case of purchase of 45000 units in bulk. (a) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

Description : From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10  Carrying cost per unit per annum: = Rs. 10  Purchase price per unit = Rs. ... ) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

Last Answer : (d) Rs. 2,990

Limit of detain article in post office which are received for delivery inland & foreign article a) 15 days and 30 days b) 7 and 15 days c) 30 days and 45 days d) None of these

Description : Limit of detain article in post office which are received for delivery inland & foreign article a) 15 days and 30 days b) 7 and 15 days c) 30 days and 45 days d) None of these

Last Answer : d) None of these

Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, 10% debentures of Rs. 100 each at par and 15,000 equity shares of Rs. 10 each. How much was the flow of funds in the above transaction ? (A) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000

Last Answer : Answer: Rs. 30,000

A limited company makes a net profit of Rs. 2,00,000 after writing off preliminary expenses amounting to Rs. 20,000 and providing for depreciation on assets amounting to Rs. 40,000 and gain of Rs. 10,000 on sale of a piece of machinery. What are the funds from operation ? (A) Rs. 2,00,000 (B) Rs. 2,40,000 (C) Rs. 2,50,000 (D) Rs. 2,60,000

Description : A limited company makes a net profit of Rs. 2,00,000 after writing off preliminary expenses amounting to Rs. 20,000 and providing for depreciation on assets amounting to Rs. 40,000 and gain of Rs. 10,000 on sale of a piece of ... 2,00,000 (B) Rs. 2,40,000 (C) Rs. 2,50,000 (D) Rs. 2,60,000

Last Answer : Answer: Rs. 2,50,000

Mark correct option a) In Head Record offices one key of the safe will be retained in the custody of HRO and other one is Accountant. b) The insured seal supplied to the set of mail office should be kept in the personal custody of Head Sorting assistant c) Each set of section is supplied with a portfolio with lock & key bearing designation of section d) All the above are correct.

Description : Mark correct option a) In Head Record offices one key of the safe will be retained in the custody of HRO and other one is Accountant. b) The insured seal supplied to the set of mail office ... supplied with a portfolio with lock & key bearing designation of section d) All the above are correct.

Last Answer : d) All the above are correct.

Mark correct options a) COD means Cash-on-Delevery b) Under COD system may be exchanged VP parcel c) VP letter, Parcel & COD parcel may be insured in accordance with the conditions d) All of the above are correct

Description : Mark correct options a) COD means Cash-on-Delevery b) Under COD system may be exchanged VP parcel c) VP letter, Parcel & COD parcel may be insured in accordance with the conditions d) All of the above are correct

Last Answer : d) All of the above are correct

Cash & insured articles should not be dispatched through a) MMS b) Transit sectionc) Sorting Section d) Weighment system

Description : Cash & insured articles should not be dispatched through a) MMS b) Transit section c) Sorting Section d) Weighment system

Last Answer : d) Weighment system

A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is (A) Rs. 4,75,000 (B) Rs. 5,75,000 (C) Rs. 6,50,000 (D) Rs. 8,50,000

Description : A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method ... Rs. 4,75,000 (B) Rs. 5,75,000 (C) Rs. 6,50,000 (D) Rs. 8,50,000

Last Answer : (B) Rs. 5,75,000

An earth moving equipment costs Rs. 5,00,000 and has an estimated life of 10 years and a salvage value of Rs. 50,000. What uniform annual amount must be set aside at the end of each of the 10 years for replacement if the interest rate is 8% per annum and if the sinking fund factor at 8% per annum interest rate for 10 years is 0.069? (A) Rs. 31050 (B) Rs. 34500 (C) Rs. 37950 (D) Rs. 5000

Description : An earth moving equipment costs Rs. 5,00,000 and has an estimated life of 10 years and a salvage value of Rs. 50,000. What uniform annual amount must be set aside at the end of each of the 10 years for replacement if ... years is 0.069? (A) Rs. 31050 (B) Rs. 34500 (C) Rs. 37950 (D) Rs. 5000

Last Answer : (A) Rs. 31050

What is the main criteria to consider a customer as Bulk customer in speednet ? a) Anyone who provides Rs.10,000 worth of Speed Post business in a month b) Anyone who provides Rs 5000 worth of Speed post business in a month c) Anyone who provides 5000 article in a month d) None of these

Description : What is the main criteria to consider a customer as Bulk customer in speednet ? a) Anyone who provides Rs.10,000 worth of Speed Post business in a month b) Anyone who provides Rs 5000 worth of Speed post business in a month c) Anyone who provides 5000 article in a month d) None of these

Last Answer : a) Anyone who provides Rs.10,000 worth of Speed Post business in a month

Calculate cost of sales from the following: Net Works cost: Rs. 2,00,000 Office & Administration Overheads: Rs. 1,00,000 Opening stock of WIP: Rs. 10,000 Closing Stock of WIP: Rs. 20,000 Closing stock of finished goods: Rs. 30,000 There was no opening stock of finished goods. Selling overheads: Rs. 10,000 (a) Rs. 2,70,000 (b) Rs. 2,80,000 (c) Rs. 3,00,000 (d) Rs. 3,20,000

Description : Calculate cost of sales from the following: Net Works cost: Rs. 2,00,000 Office & Administration Overheads: Rs. 1,00,000 Opening stock of WIP: Rs. 10,000 Closing Stock of WIP: Rs. 20,000 Closing stock of finished goods: Rs. ... Rs. 2,70,000 (b) Rs. 2,80,000 (c) Rs. 3,00,000 (d) Rs. 3,20,000

Last Answer : (b) Rs. 2,80,000

Mark the correct option: a) Rate applicable for recall of foreign article in case letter 10gm & Telegraph 15 words b) The fee paid for the recall will not be refunded under any circumstances c) Weight more than 500gm a warehousing charge at the rate per day commencing from eight day, shall be collected from the addressee at the time of delivery. d) All the above are correct

Description : Mark the correct option: a) Rate applicable for recall of foreign article in case letter 10gm & Telegraph 15 words b) The fee paid for the recall will not be refunded under any circumstances c) Weight ... , shall be collected from the addressee at the time of delivery. d) All the above are correct

Last Answer : d) All the above are correct

Period within complaints should be prepared in case of VP, loss /damage of regd& ins article, other complaint related to inland post, miscarriage /destruction of postal order & SP is a) 12 month, 3 month, 6 month, 12 month, 1 month b) 24 month, 6 month, 9 month, 1 month, 2 month c) 36 month, 1 month, 6 month, 9 month, 2 month d) 6 month, 3 month3 month, 9 month, 1 month

Description : Period within complaints should be prepared in case of VP, loss /damage of regd& ins article, other complaint related to inland post, miscarriage /destruction of postal order & SP is a) 12 month, 3 month, 6 month, ... 1 month, 6 month, 9 month, 2 month d) 6 month, 3 month3 month, 9 month, 1 month

Last Answer : a) 12 month, 3 month, 6 month, 12 month, 1 month

The following cases insurance is compulsory when article contain a) Coin b) Currency c) Jewellary d) All the above

Description : The following cases insurance is compulsory when article contain a) Coin b) Currency c) Jewellary d) All the above

Last Answer : d) All the above

The molecular weight of heavy chains is (A) 20,000–25,000 (B) 25,000–50,000 (C) 50,000–70,000 (D) 70,000–1,00,000

Description : The molecular weight of heavy chains is (A) 20,000–25,000 (B) 25,000–50,000 (C) 50,000–70,000 (D) 70,000–1,00,000

Last Answer : Answer : C

Label size of foreign article is min & postage paid words should not be less than a) 70mm X 100mm & 300sq mm b) 50mm X 80mm & 200sq mmc) 25mm X 50 mm & 100 sq mm d) None of these

Description : Label size of foreign article is min & postage paid words should not be less than a) 70mm X 100mm & 300sq mm b) 50mm X 80mm & 200sq mm c) 25mm X 50 mm & 100 sq mm d) None of these

Last Answer : a) 70mm X 100mm & 300sq mm

Limit of VP and ins article for delivery at addressee place is a) 100, 500 b) 500,1000 c) 1000,5000 d) No limit

Description : Limit of VP and ins article for delivery at addressee place is a) 100, 500 b) 500,1000 c) 1000,5000 d) No limit

Last Answer : a) 100, 500

VP article can be booked up to a) 2000 b) 5000 c) 20000 d) No limit

Description : VP article can be booked up to a) 2000 b) 5000 c) 20000 d) No limit

Last Answer : b) 5000

If the aggregate fair market value of prescribed movable property received by a taxpayer as gift during the year is Rs.1,50,000, tax will be charged on ______. a) Rs.1,00,000 b) Rs.50,000 c) Rs.1,50,000 d) Rs.0

Description : If the aggregate fair market value of prescribed movable property received by a taxpayer as gift during the year is Rs.1,50,000, tax will be charged on ______. a) Rs.1,00,000 b) Rs.50,000 c) Rs.1,50,000 d) Rs.0

Last Answer : c) Rs.1,50,000