If a remitter of money order wants to stop its payment to the payee
a) Value of MO and commission paid will be refunded to him
b) Value of Mo will be refunded
c) No refund
d) None of these

1 Answer

Answer :

b) Value of Mo will be refunded

Related questions

Description : If the remitter wants to change the name of payee, after booking of MO a) No fee is to be collected from eh remitter for the first alteration b) Second commission equal to first c) Half of the first commission d) Postage stamp for Rs 10 to be affixed on the request form

Last Answer : b) Second commission equal to first

Description : The commission on MO can be refunded if the a) MO is repaid to remitter b) MO is wrongly returned back to remitter c) The value of MO is defrauded d) The commission in no case be refunded

Last Answer : d) The commission in no case be refunded

Description : Payment of a MO addressed to a place not served daily by postman will be a) Made to the messenger as authorized by the payee in a letter given to the Postmaster of office of payment b) Paid only to the payee c) Kept in deposit for 7 days an returned for repayment to the remitter d) All the above

Last Answer : a) Made to the messenger as authorized by the payee in a letter given to the Postmaster of office of payment

Description : In the case of an inland MO, in which it is learnt that the payee has left India and his revised address, is known to the PO a) The MO cannot be redirected but is should be returned to the ... the redirected MO to a foreign country should be deducted in the original value of MO d) None of these

Last Answer : c) The Mo can be redirected, but he difference in the commission of the redirected MO to a foreign country should be deducted in the original value of MO

Description : If the payee refuses to take MO payment, MO should be a) Kept in deposit for 7 days b) Returned to RLO c) Returned to remitter at once d) Returned to the remitter after 10 days

Last Answer : c) Returned to remitter at once

Description : MO become void when a) The MO not paid to payee or remitter b) The MO not paid to payee or remitter at the end of the month following the month of its issue c) The MO not paid to payee or remitter at the end of the year d) None of these

Last Answer : b) The MO not paid to payee or remitter at the end of the month following the month of its issue

Description : Void MO can be paid to the remitter or payee if application is made before expiry of a) 6 Month from issue of original MO b) 12 Month from issue of original MO c) Month from issue of original MO d) None of these

Last Answer : b) 12 Month from issue of original MO

Description : In the case of inland money order paid certificate of payment is issued by the postmaster of office of payment in the case of a) Loss of MO after payment b) If the MO acknowledgment is lost in transit and the remitter applies for it c) Both the above d) None of these

Last Answer : b) If the MO acknowledgment is lost in transit and the remitter applies for it

Description : If there is a discrepancy of Rs. 5/- in the value of MO as written in the MO form by the remitter and as advised by the office of payment a) The payment should be withheld and a ... paid and irregularity reported to office of issue d) The case is referred to HO/divisional supdt. for advice

Last Answer : c) The amount entered by the remitter may be paid and irregularity reported to office of issue

Description : Money order neither paid to payee nor remitter called as a) Dead money order b) Void money order c) Cancelled money order d) None of these

Last Answer : b) Void money order

Description : The charges for stopping payment of MO and for repaying to the remitter is a) 10/- b) Same commission of MO c) No charge d) 20/

Last Answer : c) No charge

Description : A money order returned from a foreign country of payment as not payable a) The sender will paid the value of the money order as actually paid in Indian currency at the time of issue without the ... MO without the MO commission d) The sender will be paid the value of the MO and half commission

Last Answer : a) The sender will paid the value of the money order as actually paid in Indian currency at the time of issue without the commission originally collected

Description : If the remitter presents an application requesting postmaster of office of issue to change the name of payee, the fee to be collected is a) Second commission in cash b) Free c) Second commission in shape of postage stamp affixed on the application d) None of these

Last Answer : c) Second commission in shape of postage stamp affixed on the application

Description : Money order will be paid to a. Parents of the payee, if the payee not present at the address. b. Any person or family member residing at the address, if payee not present c. Payee of the MO at the address d. Wife/husband of the payee

Last Answer : c. Payee of the MO at the address

Description : If there is a discrepancy of less than Rs 10/- between the amount entered by the remitter and by the office of issue a) MO issue returned to the office of issue for necessary correction b) ... The amount written by the remitter is paid and irregularity reported to office of issue d) None of these

Last Answer : d) None of these

Description : In case money order received for payment to a blind person a) The provision as for payment of MOs to minors to be followed b) Money order should not be paid but returned to remitter c) ... to pardanishin woman to be followed d) Provision for payment of MOs to illiterate payees should be observed

Last Answer : d) Provision for payment of MOs to illiterate payees should be observed

Description : Memo of admission of payment is obtained a) When duplicate money order are issued b) When a money order is lost before payment c) When a money order is lost after payment d) When money order was paid to a person other than the payee

Last Answer : c) When a money order is lost after payment

Description : When a remitter presents MO form filled in regional language which is not known at the office of payment, the MO issue PA a) Translates into English b) Dispatches the MO form as it is c) Insists the customer to fill the form in English d) Refused to book the MO

Last Answer : a) Translates into English

Description : A money order booked at the value of RS 1000/- received for payment without oblong stamp impression – the MO should be a) Paid as usual b) Case should be reported to office of issue detaining the MO c) MO to be retuned to office of issue d) Matter should be reported to Superintendent

Last Answer : b) Case should be reported to office of issue detaining the MO

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

Description : If a MO is lost after payment a) Duplicate MO will be prepared by office of issue b) Duplicate mo will be prepared by office of payment c) Certificate of payment will be prepared by office of payment ... of payment will get the signature of the payee in the memo and forward it to the Audit Office.

Last Answer : d) Memo of admission of payment will be prepared by office of issue and on receipt, the office of payment will get the signature of the payee in the memo and forward it to the Audit Office.

Description : An IPO should not be paid to the payee it a) The signature of the issuing postmaster is wanting b) The round MO/special stamp of issuing office is not impressed. c) Both the signature of issuing Postmaster/ Round impression wanting d) All the above

Last Answer : c) Both the signature of issuing Postmaster/ Round impression wanting

Description : High Value money order received without HVMO list a) Will be returned to the remitter b) Will be paid as usual c) Will be sent to divisional office for further order d) Will be kept in deposit to ascertain genuineness from the office of issue

Last Answer : d) Will be kept in deposit to ascertain genuineness from the office of issue

Description : The remitter can be altered the office of payment of the payees address a) On payment of second commission b) Without any fees c) Not permissible d) Only can ask repayment to him

Last Answer : b) Without any fees

Description : Money order payable to a person who is not permanent resident within the jurisdiction of office of payment a) Will not be paid b) Payment will be made only through cheques c) Payment will be made only ... d) Can be paid in the normal course on satisfactory proof of identity of the person in the MO

Last Answer : d) Can be paid in the normal course on satisfactory proof of identity of the person in the MO

Description : An Indian Postal Order presented for payment not bearing the round MO stamp of office of issue a) Cannot be paid b) Can be paid after necessary verification from the office of issue c) Will be returned to office of issue for suplly of omission and paid d) None of these

Last Answer : b) Can be paid after necessary verification from the office of issue

Description : . If a money order cannot be paid owing to the death of the payee a) It should be paid to his relatives in the address b) It should be treated as an unclaimed order c) It should be kept in deposit d) None of these

Last Answer : b) It should be treated as an unclaimed order

Description : If a VPMO in favour of the sender of a VP article is remaining unclaimed at the PO a) The MO will be returned to the addressee of the VP article for repayment b) The issuing postmaster will encash the ... PO accounts c) The VPMO will be treated as void and sent to audit office d) None of these

Last Answer : c) The VPMO will be treated as void and sent to audit office

Description : If a MO is repaid to the remitter, his signature should be obtained on a) Only in the MO receipt portion b) Both in the receipt and acknowledgment portion c) Only in the acknowledgement portion d) Only in postman book

Last Answer : a) Only in the MO receipt portion

Description : Payment of crossed Indian Postal order will be made a) By cash b) Direct to the payee c) Through PO Saving bank or any of the bank d) All the above

Last Answer : c) Through PO Saving bank or any of the bank

Description : When a MO paid to a wrong person and the claimant urges for payment before recovery of the amount from the wrong perosn a) It cannot be done b) Claim can be admitted on getting on indemnity bond ... from the head of the division d) Payment can be made on proper sanction form the head of the circle

Last Answer : c) Payment can be made on proper sanction from the head of the division

Description : If a MO is received payable to a minor a) It can be paid to the minor if he is old enough to understand the nature of the transaction b) When the minor is under years of discretion and is living ... can be made to person in whose care the minor is living on getting an undertaking d) All the above

Last Answer : d) All the above

Description : Mark the correct option relating to how are the postal income and postal cost of any office calculated in all office rural/urban area. a) 24% of MO commission on MO issued by the office b) 38 % of the MO ... 2/5 of the amount of commission realized on IPO sold & 2/5 of IPO paid d) All the above

Last Answer : d) All the above

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

Description : Application for the payment of void MO should ordinarily be made within a) One year from the date of issue of the money order b) Two year from the date of issue of the money order c) Six month from the date of issue of the money order d) None of these

Last Answer : a) One year from the date of issue of the money order

Description : A money order received but loss before payment a) The postmaster should then give an intimation to the office of issue by telegraph/fax b) After receiving the intimation the office of issue will prepare ... a duplicate money order should be made to the home postal account office. d) All the above

Last Answer : d) All the above

Description : The amount of commission on a Service money order for Rs 5000 is a) Rs 250/- b) Half rate of normal MO c) Nil d) None of these

Last Answer : c) Nil

Description : .A person that money or a cheque is paid to a) payer b) paye c) remit d) payee

Last Answer : d) payee

Description : When family allotment money order are paid a) The MOs paid shall be listed along with other MOs b) The MOs will be entered in separate journal and accounted for separately in the accounts c) Will be entered in MO paid journals and the total entered in the ordinary journal d) None of these

Last Answer : c) Will be entered in MO paid journals and the total entered in the ordinary journal

Description : Payment of commission on PPF and SCSS is a) 1% and 0.5% d) 2% and .05% c) 0.5% and Nil d) No commission paid

Last Answer : d) No commission paid

Description : The IPO presented after the expiry period of currency, but before the time for forfeiture a) Cannot be paid b) Can be paid on authority from the audit c) Can be paid on payment of second commission by means of postage stamps d) None of these

Last Answer : c) Can be paid on payment of second commission by means of postage stamps

Description : The cases in which defective IPOs be paid without reference to higher authority a) The IPO was first erroneously receipted by a person other than the payee entire cancelled and properly receipted by ... receipted the purchaser, it subsequently cancelled and receipted by the payee. d) All the above

Last Answer : d) All the above

Description : If a payee of the VPMO (sender of the VP article) for Rs 400/- is deceased, then the VPMO should be a) Returned to the addressee of the VP article b) paid to the claimant in the ... witness c) Returned to Audit office as unpaid d) Paid to the claimant after obtaining indemnity bond with one surety

Last Answer : d) Paid to the claimant after obtaining indemnity bond with one surety

Description : MO payable to lunatics who are committed by proceedings under the lunacy act to lunatic asylum/mental hospital will be paid to a) The manager of institution b) The authority who has issued the order under lunacy act c) The near relatives of the lunatic d) Will not be paid but returned to sender

Last Answer : d) Will not be paid but returned to sender

Description : A money order received for payment to minor of 5 year old is paid to a) Parent or guardian b) Minor himself c) Any elder available at the given address d) None of these

Last Answer : a) Parent or guardian

Description : In sub offices where there are no treasurer cash for payment of MOs will be given to the Postmen by the a) Sub Postmaster b) Joint custodian c) The MO clerk d) The head Postman

Last Answer : c) The MO clerk

Description : Summary of MO issue and payment is prepared in a) MO 17, MO 18 b) MO 15, MO 16 c) MO 12, MO 13 d) None of these

Last Answer : a) MO 17, MO 18

Description : Memo admission of payment in form MO 10(a) is prepared a) When a MO loss after payment b) When a MO loss before payment c) Either A or B d) Neither A nor B

Last Answer : a) When a MO loss after payment

Description : Which one of the following stamps are not impressed at the office of payment of MO a) The oblong MO stamp b) Name stamp of office of payment c) The round MO stamp d) Ordinary MO stamp after payment of MO

Last Answer : b) Forwarded to HO for further action

Description : The stamp impressed on Mo form received for payment is a) Oblong stamp b) Round MO stamp c) Date stamp d) Name stamp

Last Answer : b) Round MO stamp