In an office, Franking machine is used for– (A) Punching card (B) Accounting work (C) Duplicating (D) Postal stamp fixing

In an office, Franking machine is used for– (A) Punching card (B) Accounting work (C) Duplicating (D) Postal stamp fixing  
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Answer: Postal stamp fixing
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A postal franking machine is a stamping machine intended to stamp impressions of dies of approved design on private and official postal articles in payment of a) Postage and postal fee b) Handling charges c) Franking charges d) Special fee

Description : A postal franking machine is a stamping machine intended to stamp impressions of dies of approved design on private and official postal articles in payment of a) Postage and postal fee b) Handling charges c) Franking charges d) Special fee

Last Answer : a) Postage and postal fee

Franking machine is used for– (A) Specimen signature (B) Postage stamps (C) Arrival and departure timings (D) None of the above

Description : Franking machine is used for– (A) Specimen signature (B) Postage stamps (C) Arrival and departure timings (D) None of the above

Last Answer : Answer: Postage stamps

Which one of the following statements is false ? (A) A ‘Demat Share’ is held by the depository on behalf of the investor whereas a ‘Physical Share’ is held by the investor himself (B) There is no stamp duty on the transfer of ‘Demat Shares’ from one account to another (C) The ‘Demat Share’ does not have a folio number, distinctive number or certificate number like a ‘Physical Share’ (D) The ‘Demat Share’ cannot be converted into a ‘Physical Share’

Description : Which one of the following statements is false ? (A) A Demat Share' is held by the depository on behalf of the investor whereas a Physical Share' is held by the investor himself (B) There is no ... number like a Physical Share' (D) The Demat Share' cannot be converted into a Physical Share'

Last Answer : Answer: The ‘Demat Share’ cannot be converted into a ‘Physical Share’

The Agreement of Partnership– (A) Must be oral (B) Must be in writing (C) Can be either oral or in writing (D) Must be in writing on a stamp paper

Description : The Agreement of Partnership– (A) Must be oral (B) Must be in writing (C) Can be either oral or in writing (D) Must be in writing on a stamp paper

Last Answer : Answer: Can be either oral or in writing

The post office seal for sealing the franking machine must be kept a) In the personnel custody of the PRI(P) b) In the personnel custody of the Postmaster c) In the Divisional office d) None of these

Description : The post office seal for sealing the franking machine must be kept a) In the personnel custody of the PRI(P) b) In the personnel custody of the Postmaster c) In the Divisional office d) None of these

Last Answer : b) In the personnel custody of the Postmaster

Mark correct option a) The resetting of the credit meter of the franking machine will be done at the POb) Cut out labels with frank impression on them for prepayment of postage cannotbe used for insured articlesc) The 2nd class articles treated as 1st class mail in sorting are Greetins/ Regd Newspapers/ Wedding invitationsd) The duty of taxing postage on foreign articles rest entirely with the office of foreign exchange of the country of postinge) All the above

Description : Mark correct option a) The resetting of the credit meter of the franking machine will be done at the PO b) Cut out labels with frank impression on them for prepayment of postage cannot be used ... articles rest entirely with the office of foreign exchange of the country of posting e) All the above

Last Answer : e) All the above

Star rating are provided to all the major kind of appliance in the form of _____________. a) Label c) stamp b) Punching d) sticker

Description : Star rating are provided to all the major kind of appliance in the form of _____________. a) Label c) stamp b) Punching d) sticker

Last Answer : Label

If a certificate is spoilt before issue a) Retuned to Circle Stamp depot duly attached to the monthly journal of certificates issued b) Retuned to Circle offece depot duly attached to the monthly journal of certificates issued c) The Postmaster will write the word "spoiled" in red ink on the certificate and affix the oblong M.O. Stamp and send the same to the Postal Accounts Office duly attached to the monthly journal of certificates issued d) None of these

Description : If a certificate is spoilt before issue a) Retuned to Circle Stamp depot duly attached to the monthly journal of certificates  issued b) Retuned to Circle offece depot duly attached to the ... Postal Accounts Office duly  attached to the monthly journal of certificates issued d) None of these

Last Answer : c) The Postmaster will write the word "spoiled" in red ink on the certificate and affix  the oblong M.O. Stamp and send the same to the Postal Accounts Office duly  attached to the monthly journal of certificates issued

When a certificate is unclaimed or remains undelivered at a H.O. or S.O. for any reason and all efforts to deliver the same to the holders have failed, the same will be sent by the _____ for safe custody to the ____ alongwith the monthly returns a) HO, Postal account office b) SO, Postal account office c) HO, Circle stamp depot d) None of these

Description : When a certificate is unclaimed or remains undelivered at a H.O. or S.O. for any  reason and all efforts to deliver the same to the holders have failed, the same will be sent  by the _____ for ... HO, Postal account office b) SO, Postal account office c) HO, Circle stamp depot d) None of these

Last Answer : a) HO, Postal account office

The yearly unsold certificate statement received from all SO by HO will be forwarded to a) Circle stamp depot b) Head of the circle d) Postal Account office d) Security press nasik

Description : The yearly unsold certificate statement received from all SO by HO will be forwarded to a) Circle stamp depot b) Head of the circle d) Postal Account office d) Security press nasik

Last Answer : d) Security press nasik

The fortnightly consolidated list of certificates issued to POs should, be sent by _____to the ____ a) Circle Stamp Depots, Circle postal accounts office b) Head offices , Postal account office c) Circle office , DG Post d) Circle office, Circle account office

Description : The fortnightly consolidated list of certificates issued to POs should, be sent by _____to the ____ a) Circle Stamp Depots, Circle postal accounts office b) Head offices , Postal account office c) Circle office , DG Post d) Circle office, Circle account office

Last Answer : a) Circle Stamp Depots, Circle postal accounts office

Certificates of all types and denominations are printed at the Security Press, Nasik, who supplies them to a) Postal Stock depot b) Circle office c) Circle stamp depot d) Head office

Description : Certificates of all types and denominations are printed at the Security Press, Nasik, who supplies them to a) Postal Stock depot b) Circle office c) Circle stamp depot d) Head office

Last Answer : c) Circle stamp depot

A BO bag sent a branch office by its account office must always contain BO slip and it may contain a) Postal order for issue/payment b) Money order for payment c) Cash bag containing cash/stamp, SB document, and saving certificates d) All the above

Description : A BO bag sent a branch office by its account office must always contain BO slip and it may contain a) Postal order for issue/payment b) Money order for payment c) Cash bag containing cash/stamp, SB document, and saving certificates d) All the above

Last Answer : d) All the above

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

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

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 the incorrect option: (A) The special registration envelopes provided by the Post Office cannot be used for the transmission of unregistered article (B) Reuse of a stamp that has already been used for payment of postage or postal fee is an offence under the Indian Penal Code (C) Manufacture and use of fictitious postage stamps for any purpose whatsoever is an offence under Indian Penal Code (D) Postage stamps which have been cut and separated from embossed envelopes or postcards can be used in payment of postage

Description : Mark the incorrect option: (A) The special registration envelopes provided by the Post Office cannot be used for the transmission of unregistered article (B) Reuse of a stamp that has already ... have been cut and separated from embossed envelopes or postcards can be used in payment of postage

Last Answer : (D) Postage stamps which have been cut and separated from embossed envelopes or postcards can be used in payment of postage

The spoilt reply coupons should be dispatched to a. Circle stamp depo b. Circle account office c. General Manager (Postal Accounts & Finance) Kolkata

Description : The spoilt reply coupons should be dispatched to a. Circle stamp depo b. Circle account office c. General Manager (Postal Accounts & Finance) Kolkata

Last Answer : c. General Manager (Postal Accounts & Finance) Kolkata

Which audit is carried out during the accounting period with some interval, it is called– (A) periodic audit (B) partial audit (C) continuous audit (D) interim audit

Description : Which audit is carried out during the accounting period with some interval, it is called– (A) periodic audit (B) partial audit (C) continuous audit (D) interim audit

Last Answer : Answer: continuous audit

Which among the following is the societal obligation of accounting ? (A) To ascertain profit correctly (B) To maintain the records of the assets and liabilities of organisation (C) To establish effective organizational control (D) To be helpful in correct tax assessment

Description : Which among the following is the societal obligation of accounting ? (A) To ascertain profit correctly (B) To maintain the records of the assets and liabilities of organisation (C) To establish effective organizational control (D) To be helpful in correct tax assessment

Last Answer : Answer: To be helpful in correct tax assessment

According to the Accounting Standard (AS)-2, the inventory is to be valued at which one of the following ? (A) Actual cost or sales value, whichever is lower (B) Historical cost (C) Net realizable value (D) Historical cost or net realizable value, whichever is lower

Description : According to the Accounting Standard (AS)-2, the inventory is to be valued at which one of the following ? (A) Actual cost or sales value, whichever is lower (B) Historical cost (C) Net realizable value (D) Historical cost or net realizable value, whichever is lower

Last Answer : Answer: Historical cost or net realizable value, whichever is lower

Government grants related to income as per the Accounting Standard (AS)-12 should be– (A) Presented as a credit in the statement of Profit and Loss (B) Presented as a deferred income on the asset side of the balance sheet (C) Presented as a capital grant on the liability side of balance sheet (D) Presented both in the Profit and Loss statement and in the balance sheet

Description : Government grants related to income as per the Accounting Standard (AS)-12 should be- (A) Presented as a credit in the statement of Profit and Loss (B) Presented as a deferred income on the asset ... of balance sheet (D) Presented both in the Profit and Loss statement and in the balance sheet

Last Answer : Answer: Presented both in the Profit and Loss statement and in the balance sheet

Which of the following is the Accounting equation ? (A) Capital = Assets – Liabilities (B) Capital = Assets + Liabilities (C) Assets = Liabilities – Capital (D) Liabilities = Assets – Capital

Description : Which of the following is the Accounting equation ? (A) Capital = Assets – Liabilities (B) Capital = Assets + Liabilities (C) Assets = Liabilities – Capital (D) Liabilities = Assets – Capital

Last Answer : Answer: Capital = Assets – Liabilities

Which of the following is affected by treatment of an accrued item in accounting ? (A) Profit and Loss A/c only (B) Profit and Loss Appropriation A/c (C) Balance Sheet only (D) Profit and Loss A/c and Balance Sheet

Description : Which of the following is affected by treatment of an accrued item in accounting ? (A) Profit and Loss A/c only (B) Profit and Loss Appropriation A/c (C) Balance Sheet only (D) Profit and Loss A/c and Balance Sheet

Last Answer : Answer: Profit and Loss A/c and Balance Sheet

Expenses need to be recorded in the period in which the associated revenues are recognised. This is to be ensured as per which one of the following accounting principles ? (A) Revenue recognition (B) Cost benefit (C) Matching (D) Periodicity

Description : Expenses need to be recorded in the period in which the associated revenues are recognised. This is to be ensured as per which one of the following accounting principles ? (A) Revenue recognition (B) Cost benefit (C) Matching (D) Periodicity

Last Answer : Answer: Revenue recognition

Which one of the following statements about preparation of financial statements of a limited liability company is correct ? (A) Financial statements should be prepared according to the cash basis of accounting only (B) Financial statements should be prepared according to the accrual basis of accounting only (C) Financial statements should be prepared according to either the cash basis or accrual basis of accounting (D) Financial statements should be prepared according to both the accrual and cash basis of accounting

Description : Which one of the following statements about preparation of financial statements of a limited liability company is correct ? (A) Financial statements should be prepared according to the cash basis ... Financial statements should be prepared according to both the accrual and cash basis of accounting

Last Answer : Answer: Financial statements should be prepared according to the accrual basis of accounting only

What is a systematic evaluation of a company's activities in a given area of social interest such as environmental protection, workplace safety or community involvement, called ? (A) Social responsibility (B) Social accounting (C) Social audit (D) Social forecasting

Description : What is a systematic evaluation of a company's activities in a given area of social interest such as environmental protection, workplace safety or community involvement, called ? (A) Social responsibility (B) Social accounting (C) Social audit (D) Social forecasting

Last Answer : Answer: Social audit

The Branch of Accounting which is concerned with the processing and presenting data for decision making is known as– (A) Common Dollar Accounting (B) Social Accounting (C) Cost Accounting (D) Management Accounting

Description : The Branch of Accounting which is concerned with the processing and presenting data for decision making is known as– (A) Common Dollar Accounting (B) Social Accounting (C) Cost Accounting (D) Management Accounting

Last Answer : Answer: Management Accounting

Indian Accounting Standard – 28 is related to– (A) Accounting for taxes on income (B) Financial Reporting of Interests in Joint Venture (C) Impairment of Assets (D) Provisions, Contingent Liabilities and Contingent Assets

Description : Indian Accounting Standard – 28 is related to– (A) Accounting for taxes on income (B) Financial Reporting of Interests in Joint Venture (C) Impairment of Assets (D) Provisions, Contingent Liabilities and Contingent Assets

Last Answer : Answer: Impairment of Assets

Accounting for Intangible Assets are related to– (A) AS - 10 (B) AS - 12 (C) AS - 24 (D) AS - 26

Description : Accounting for Intangible Assets are related to– (A) AS - 10 (B) AS - 12 (C) AS - 24 (D) AS - 26

Last Answer : Answer: AS - 26

Which one of the following functions is served most by information technology ? (A) Replacement of human labour (B) Provision for a handle to the management to improve industrial relations (C) Substitution of human information processing (D) Rationalisation of office work

Description : Which one of the following functions is served most by information technology ? (A) Replacement of human labour (B) Provision for a handle to the management to improve industrial relations (C) Substitution of human information processing (D) Rationalisation of office work

Last Answer : Answer: Rationalisation of office work

The most important advantage of centralization of office services is– (A) specialization (B) higher departmental loyalty (C) no delay in providing services (D) less burden of work

Description : The most important advantage of centralization of office services is– (A) specialization (B) higher departmental loyalty (C) no delay in providing services (D) less burden of work

Last Answer : Answer: less burden of work

Which are the main principles in allocation of office work?

Description : Which are the main principles in allocation of office work?

Last Answer : They are specialization, correlation and business connection

Franking article can be posted by a) Any post office b) Only two post office c) Head office d) All sub offices

Description : Franking article can be posted by a) Any post office b) Only two post office c) Head office d) All sub offices

Last Answer : b) Head of the division

Which one of the following is the most appropriate task of office management ? (A) Creation of profit centre (B) Creation of control centre (C) Making office supplies available (D) Supervision of production Quality Control

Description : Which one of the following is the most appropriate task of office management ? (A) Creation of profit centre (B) Creation of control centre (C) Making office supplies available (D) Supervision of production Quality Control

Last Answer : Answer: Creation of control centre

Which one of the following aims is achieved most through Office Record keeping ? (A) Efficiency of operations on shop floor (B) Business reputation (C) Storage of documents (D) Helping decision making

Description : Which one of the following aims is achieved most through Office Record keeping ? (A) Efficiency of operations on shop floor (B) Business reputation (C) Storage of documents (D) Helping decision making

Last Answer : Answer: Storage of documents

Which one of the following correctly signifies the purpose of an Organization Chart ? (A) Office Décor (B) Indication of available Office services (C) Flow of Authority (D) High Morale

Description : Which one of the following correctly signifies the purpose of an Organization Chart ? (A) Office Décor (B) Indication of available Office services (C) Flow of Authority (D) High Morale

Last Answer : Answer: Flow of Authority

The primary function of an office is– (A) Making, using and preserving records (B) Remunerating personnel (C) Carrying out management policies (D) Safeguarding organization’s assets

Description : The primary function of an office is– (A) Making, using and preserving records (B) Remunerating personnel (C) Carrying out management policies (D) Safeguarding organization’s assets

Last Answer : Answer: Making, using and preserving records

Paperless office calls for– (A) Minimum record keeping (B) Maximum use of telephone (C) Maximum use of computers (D) Elimination of reporting

Description : Paperless office calls for– (A) Minimum record keeping (B) Maximum use of telephone (C) Maximum use of computers (D) Elimination of reporting

Last Answer : Answer: Maximum use of computers

The first auditor of a company appointed, holds office– (A) For a period of one year (B) For that period till new auditor is appointed (C) Till the conclusion of first Annual General Meeting (D) Till the holding of statutory meeting of the company

Description : The first auditor of a company appointed, holds office– (A) For a period of one year (B) For that period till new auditor is appointed (C) Till the conclusion of first Annual General Meeting (D) Till the holding of statutory meeting of the company

Last Answer : Answer: Till the conclusion of first Annual General Meeting

Advantages of a franking machine?

Description : Advantages of a franking machine?

Last Answer : It is fast using

Window delivery ticket is a) Daily docket b) The receipt given to post box holder c) Identification of franking machine licensee’s representative d) None of these

Description : Window delivery ticket is a) Daily docket b) The receipt given to post box holder c) Identification of franking machine licensee’s representative d) None of these

Last Answer : c) Identification of franking machine licensee’s representative

Window delivery ticket is a a) Daily docket b) The receipt given by po c) ID of Franking machine licensee’s representative d) None of these

Description : Window delivery ticket is a a) Daily docket b) The receipt given by po c) ID of Franking machine licensee’s representative d) None of these

Last Answer : c) ID of Franking machine licensee’s representative

Franking machine has a) Value die b) License die c) Both a&b c) None of this

Description : Franking machine has a) Value die b) License die c) Both a&b c) None of this

Last Answer : c) None of this

Mark correct option a) Bill of franking machine used is prepared in form MS10 b) In RMS offices, letter box key should be kept in custody of Sorting Assistant c) Greeting cards are treated as first class mails in sorting. During the greeting season they are given air lift also without air surcharge otherwise surface mode.d) Label bundle should not contain more than 50 to 60 letters & post cards.e) All of the above

Description : Mark correct option a) Bill of franking machine used is prepared in form MS10 b) In RMS offices, letter box key should be kept in custody of Sorting Assistant c) Greeting cards are treated as first class ... Label bundle should not contain more than 50 to 60 letters & post cards. e) All of the above

Last Answer : ) All of the above

Cheque payment of Postage from the holders of Franking machine licenses can be accepted with bank guarantee. The above said statement is a. True b. False

Description : Cheque payment of Postage from the holders of Franking machine licenses can be accepted with bank guarantee. The above said statement is a. True b. False

Last Answer : b. False

In what year was the postal stamp launched ?

Last Answer : The first circulating postal stamp was made in 1852

The first Pakistani Postal stamp was issued in _____. A. July 1948 B. August 1947 C. September 1947 D. December 1948

Description : The first Pakistani Postal stamp was issued in _____. A. July 1948 B. August 1947 C. September 1947 D. December 1948

Last Answer : ANSWER: A

The authorised agents 0eceipt books will be printed and supplied by the____, Nagpur, to the___ a) National Savings Commissioner, Postal Stores Depots b) Security press Nasik, Circle stamp depot c) Security press Nasik, PSD d) None of these

Description : The authorised agents 0eceipt books will be printed and supplied by the____,  Nagpur, to the___ a) National Savings Commissioner, Postal Stores Depots b) Security press Nasik, Circle stamp depot c) Security press Nasik, PSD d) None of these

Last Answer : a) National Savings Commissioner, Postal Stores Depots

Name the DRDO Chief recently honored with release of a Commemorative postal stamp (a) DS Kothari (b) S. Bhagavantam (c) Nag Chowdhury (d) Raja Ramanna

Description : Name the DRDO Chief recently honored with release of a Commemorative postal stamp (a) DS Kothari (b) S. Bhagavantam (c) Nag Chowdhury (d) Raja Ramanna

Last Answer : (a) DS Kothari

A flywheel connected to a punching machine has to supply energy of 400 Nm while running at a mean angular speed of 20 rad/s. If the total fluctuation of speed is not exceed to in kgm 2 is 1. 25 2. 50 3. 100 4. 125

Description : A flywheel connected to a punching machine has to supply energy of 400 Nm while running at a mean angular speed of 20 rad/s. If the total fluctuation of speed is not exceed to in kgm 2 is 1. 25 2. 50 3. 100 4. 125

Last Answer : 1. 25