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

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
by

1 Answer

Answer :

b) Without any fees
by

Related questions

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

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

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) The provisions as for payment of MOs to pardanishin woman to be followedd) Provision for payment of MOs to illiterate payees should be observed

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

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 VPMO as the remitter and credit to PO accounts c) The VPMO will be treated as void and sent to audit office d) None of these

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

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

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

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 himb) Value of Mo will be refundedc) No refundd) None of these

Description : 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

Last Answer : b) Value of Mo will be refunded

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/

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

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 remitter. b) The MO can be redirected to payee in another foreign country as per the information available 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 d) None of these

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

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

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

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 reference made to office of issue b) The MO should be returned to office of issue c) The amount entered by the remitter may be paid and irregularity reported to office of issue d) The case is referred to HO/divisional supdt. for advice

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

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

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

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

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

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

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

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

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

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

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

what is the usage of form LI-37? a. repayment of loans of PLI b. voucher for any payment c None

Description : what is the usage of form LI-37? a. repayment of loans of PLI b. voucher for any payment c None

Last Answer : a. repayment of loans of PLI

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) MO is paid only after confirming the value of MO by fax/telegram c) The amount written by the remitter is paid and irregularity reported to office of issue d) None of these

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

The amount noted for remittance to sender of VP article a) Can be altered free of cost at the request of the sender b) Can be altered on payment of prescribed fee at the request of the sender c) Can only recall the article d) None of these

Description : The amount noted for remittance to sender of VP article a) Can be altered free of cost at the request of the sender b) Can be altered on payment of prescribed fee at the request of the sender c) Can only recall the article d) None of these

Last Answer : a) Can be altered free of cost at the request of the sender

A VP articles on which intimation has been served an lying in the deposit for seven days can be retained a) For further seven days without any fees b) For further seven days on payment of feesc) For fifteen days on payment of feesd) Cannot be retained return to sender after 7 days Ans:b(231)e)

Description : A VP articles on which intimation has been served an lying in the deposit for seven days can be retained a) For further seven days without any fees b) For further seven days on payment of fees c) For fifteen days on payment of fees d) Cannot be retained return to sender after 7 days Ans:b(231) e)

Last Answer : b) For further seven days on payment of fees

The request a purchase of British Postal Order for repayment a) Cannot be accepted b) Can be accepted if presented at the PO from which it was purchased a/w counterfoil c) Can be accepted any post office in India d) None of these

Description : The request a purchase of British Postal Order for repayment a) Cannot be accepted b) Can be accepted if presented at the PO from which it was purchased a/w counterfoil c) Can be accepted any post office in India d) None of these

Last Answer : b) Can be accepted if presented at the PO from which it was purchased a/w counterfoil

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

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

For online payments, is it better to do it through my bank instead of using the payee's online payment system?

Description : For online payments, is it better to do it through my bank instead of using the payee's online payment system?

Last Answer : I use my bank's ez pay system. It's worked great for me for years. In the past our company ran into a problem with a credit card processing vendor who initiated a BS withdrawal from our bank (we ... them to submit a bill to your bank and the bank will pay the amount submitted if you set that up.

An attested copy of addressee’s receipt of registered article, if applied by sender a) Can be given free of cost b) Cannot be given c) Can be given on payment of registration fee in cash d) Can be given on payment of prescribed fees in the form of defaced postage stamps

Description : An attested copy of addressee’s receipt of registered article, if applied by sender a) Can be given free of cost b) Cannot be given c) Can be given on payment of registration fee in cash d) Can be given on payment of prescribed fees in the form of defaced postage stamps

Last Answer : d) Can be given on payment of prescribed fees in the form of defaced postage stamps

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

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

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 commission originally collected. b) The sender will be paid the value of the MO+ commission. c) The sender will be paid half the value of the MO without the MO commission d) The sender will be paid the value of the MO and half commission

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

Mark the correct option. In a PPF account opened on 1.2.2011: a) 1st loan can be taken on 1.4.2012 b) Loan as on 1.4.2012 shall be admissible limited to 25% balance as on 31.3.11 c) The first withdrawal shall be permissible on 01.02.2015 d) Subscriber can take second loan on 1.4.2013 without repaying earlier loan

Description : Mark the correct option. In a PPF account opened on 1.2.2011: a) 1 st loan can be taken on 1.4.2012 b) Loan as on 1.4.2012 shall be admissible limited to 25% balance as on 31.3 ... shall be permissible on 01.02.2015 d) Subscriber can take second loan on 1.4.2013 without repaying earlier loan

Last Answer : a) 1 st loan can be taken on 1.4.2012

Mark correct option a) The expression “postage” means the duty chargeable for the transmission by post of postal articles b) The expression “postage stamps” means any stamp provided by the [Central Government] for denoting postage or other fees or sums payable in respect of postal articles under this Act c) The expression “post office” includes every house, building, room, carriage or place used for the purposes of the Post Office. d) All the above

Description : Mark correct option a) The expression postage means the duty chargeable for the transmission by post of postal articles b) The expression postage stamps means any stamp provided by the [Central Government] ... room, carriage or place used for the purposes of the Post Office. d) All the above

Last Answer : d) All the above

Mark correct option a) Mail office are two kind one is Sorting mail office another is Transit mail office b) Mail agent incharge of Sorting mail office and HAS is incharge TMO c) Mass mailing centreis help to customer who are regularly posting max number of letters, as help him to writing the address, affix stamp etc d) Press Sorting office is situated on promises of the newspaper. All the expenditure is borne by the publisher. e) All the above

Description : Mark correct option a) Mail office are two kind one is Sorting mail office another is Transit mail office b) Mail agent incharge of Sorting mail office and HAS is incharge TMO c) Mass mailing centreis ... on promises of the newspaper. All the expenditure is borne by the publisher. e) All the above

Last Answer : e) All the above

MO become void when a) The MO not paid to payee or remitterb) The MO not paid to payee or remitter at the end of the month following the month of its issuec) The MO not paid to payee or remitter at the end of the yeard) None of these

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

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

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

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

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

Mark the correct option a) Withdrawal will be allowed 50% deposited amount in RD account after one year and after 12 monthly deposit. b) No withdrawal is allowed in discontinued RD accounts c) 10% interest will be charged on loan amount d) If the repayment with interest is made on or before the 10th of the month, no interest shall be payable for that monthe) All the above

Description : Mark the correct option a) Withdrawal will be allowed 50% deposited amount in RD account after one year and after 12 monthly deposit. b) No withdrawal is allowed in discontinued RD accounts c) 10% interest ... the 10th of the month, no interest shall be payable for that month e) All the above

Last Answer : e) All the above

From the following deduction , which deduction from subsistence allowance is needed prior consent from suspended employee a. Deduction related with income tax b. Repayment of loans and advance taken from government c. Deduction related with PLI premium

Description : From the following deduction , which deduction from subsistence allowance is needed prior consent from suspended employee a. Deduction related with income tax b. Repayment of loans and advance taken from government c. Deduction related with PLI premium

Last Answer : c. Deduction related with PLI premium

The amount received on account of premium of PLI , repayment of loan should be accounted under ---------------------- head a. PLI Annuity Fund b. Postal Insurance and Life Annuity Fund Receipts c. PLI receipts account

Description : The amount received on account of premium of PLI , repayment of loan should be accounted under ---------------------- head a. PLI Annuity Fund b. Postal Insurance and Life Annuity Fund Receipts c. PLI receipts account

Last Answer : b. Postal Insurance and Life Annuity Fund Receipts

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

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

Registered newspaper are accepted without payment of late fee on all days including Sundays and Post Office holiday at a) Press sorting office b) RMS offices c) Night Post office d) All the above

Description : Registered newspaper are accepted without payment of late fee on all days including Sundays and Post Office holiday at a) Press sorting office b) RMS offices c) Night Post office d) All the above

Last Answer : d) All the above

Letter posted in the Night post office without payment of late feed will be a) Impressed with the remarks ‘Detained late fee not paid’ and included on the next day dispatch b) Returned to the sender with the remarks ‘late fee not paid’ c) Detained without any remarks d) None of these

Description : Letter posted in the Night post office without payment of late feed will be a) Impressed with the remarks ‘Detained late fee not paid’ and included on the next day dispatch b) Returned to the sender with the remarks ‘late fee not paid’ c) Detained without any remarks d) None of these

Last Answer : a) Impressed with the remarks ‘Detained late fee not paid’ and included on the next day dispatch

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

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

Full convertibility of a rupeee means - (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Description : Full convertibility of a rupeee means - (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Last Answer : (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply Explanation: The full convertibility of the Indian currency means ... governmental control. Presently, the issue of capital account convertibility is in the discussion stage.

Which of the following does not affect the fund flow statement a) Issue of shares b) Borrowing c) Repayment of loan d) Payment to creditors

Description : Which of the following does not affect the fund flow statement a) Issue of shares b) Borrowing c) Repayment of loan d) Payment to creditors

Last Answer : d) Payment to creditors

Full convertibility of a rupeee means (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Description : Full convertibility of a rupeee means (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Last Answer : determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Mark the correct statement. a) Second withdrawal in a PPF account is payable in the next financial year of the year in which principal and interest on first withdrawal has been fully refunded and other conditions fulfill b) Second loan is permissible in the financial year in which 1st loan and interest thereon has been recovered provided the 1st loan was not taken in the same year and other conditions fulfill c) Second loan is permissible in the same financial year if first loan taken in the year has been refunded alongwith interest thereon and other conditions fulfill d) None of the above is correct

Description : Mark the correct statement. a) Second withdrawal in a PPF account is payable in the next financial year of the year in which principal and interest on first withdrawal has been fully ... been refunded alongwith interest thereon and other conditions fulfill d) None of the above is correct

Last Answer : b) Second loan is permissible in the financial year in which 1st loan and interest thereon has been recovered provided the 1st loan was not taken in the same year and other conditions fulfill

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 by the postmaster d) Can be paid in the normal course on satisfactory proof of identity of the person in the MO

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

A book packet posted in excess of prescribed size and weight a) Should be returned to the sender b) Should be delivered to the address c) Should be forwarded to the office of delivery after taxing d) Should be forwarded to the foffice of delivery without taxing

Description : A book packet posted in excess of prescribed size and weight a) Should be returned to the sender b) Should be delivered to the address c) Should be forwarded to the office of delivery after taxing d) Should be forwarded to the foffice of delivery without taxing

Last Answer : a) Should be returned to the sender

An office is established at HQ of a Postal circle and deal with unclaimed and refused articles and articles without address or incomplete address is called as a) Nodal Post office b) Head post office c) Returned letter office d) None of the above

Description : An office is established at HQ of a Postal circle and deal with unclaimed and refused articles and articles without address or incomplete address is called as a) Nodal Post office b) Head post office c) Returned letter office d) None of the above

Last Answer : c) Returned letter office

Any postal article suspected to contain any goods of which the transmission by post is prohibited by or under any enactment for the time being in force is received for delivery at a post office: (A) That post office will deliver the article to the addressee without any interference (B) The officer incharge of the post office will issue notice to the addressee inviting him to attend post office and shall in his presence open and examine the postal articles (C) The officer incharge of the post office will open and examine the postal article in presence of the postal staff (D) The officer incharge shall send the postal article to RLO for disposa

Description : Any postal article suspected to contain any goods of which the transmission by post is prohibited by or under any enactment for the time being in force is received for delivery at a post office: (A ... of the postal staff (D) The officer incharge shall send the postal article to RLO for disposa

Last Answer : (B) The officer incharge of the post office will issue notice to the addressee inviting him to attend post office and shall in his presence open and examine the postal articles

What is the fee for getting the nomination altered in a savings account a) Rs 1/- b) Rs 2/-c) Rs 3/- d) Rs 5/

Description : What is the fee for getting the nomination altered in a savings account a) Rs 1/- b) Rs 2/- c) Rs 3/- d) Rs 5/

Last Answer : a) Rs 1/