Question

Name them on the basis of the given information:

Services available in post offices

Answer 1

Mail services provided by post offices:

1. Letters and inland: It is the basic function of the post office. It accepts letters and inland and helps in effective communication. It has lost its relevance due to the development of modern means of faster communication like telephones and mobiles.
2. Telegraph: It is the long-distance messaging through texts or symbols. In the 19^th century, electric telegraphy was introduced. Since internet messaging, telegraph was rarely used service in the post office. In India, it was repealed from 2013.
3. Registered post: It will be delivered safely to the where the post is to be sent. In this post, the sender affixes stamp and deliver at the post office.
4. Parcel service: The postal department provide the Parcel service. Parcel can be sent to anywhere in the country with minimal cost. This is most economical compared to any other private parcel services.
5. Speed post: The post sent through is charged extra than the normal post. This helps to reach out the destination as fast as possible.

Financial services by the post office:

1. Savings account: The post office provides a savings account facility. The savings account in the post office helps the ordinary people to save their money for the future uses.
2. ATM service: In India, Post office department has started providing the ATM services recently which can be used as a universal ATM. Money can be withdrawn from bank's ATM.
3. Money order: This was mostly used mode for transferring money before the development of commercial banks transferring services. Even now, it has significance in many of the rural areas.
4. Payments bank: In India, from 2017, postal services have started the payment banks in which the account holders in post office account can pay universally everywhere as the commercial bank payment system functions.