Explain the role and services offered by | Class 11 Business Studies Chapter Business Services, Business Services NCERT Solutions

Question:

Explain the role and services offered by the Indian Postal Department.

Answer:

The Indian Postal Department provides several services:

Savings schemes: Including the National Savings Certificate, Kisan Vikas Patra, and Public Provident Fund.
Mail services: It handles parcel delivery, registered post, and speed post.
Money transfer: Facilities like money orders and electronic transfers enable safe transactions.
Philately: Promotes stamp collection and preservation.
Retail services: Includes bill payments, mobile recharges, and document certifications. This range of services makes it an essential part of India's communication and financial infrastructure.

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Study Tips for Answering NCERT Questions:

NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:

Read the question carefully and focus on the core concept being asked.
Reference examples and data from the chapter when answering questions about Business Services.
Review previous year question papers to get an idea of how such questions may be framed in exams.
Practice answering questions within the time limit to improve your speed and accuracy.
Discuss your answers with your teachers or peers to get feedback and improve your understanding.

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Welcome to the NCERT Solutions for Class 11 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 9: Explain the role and services offered by the Indian Postal Department.....

Explain the role and services offered by | Class 11 Business Studies Chapter Business Services, Business Services NCERT Solutions

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