MCQs-Postal Manual Vol VI- PART III

Q21. What is the Head Postmaster responsible for regarding funds at sub-offices?

A) Handling cash withdrawals
B) Providing funds and relieving excess collections beyond authorized limits
C) Ensuring sub-offices do not exceed budget limits
D) Monitoring cash transfers to external accounts

The correct answer is: B

Q22. What should Sub-Offices at Treasury/Bank Stations arrange for their requirements?

A) Withdrawals from local bank accounts
B) Deposits in the local treasury/bank
C) Remittances through hired MMS
D) Emergency cash reserves

The correct answer is: B

Q23. How does the HO issue remittance orders to sub-offices?

A) Through a postal order
B) Through direct transfer from the bank
C) By manually issuing cheques
D) Through the Daily Transaction Report generated in SAP

The correct answer is: D

Q24. What are the ordinary methods of fund supply for Sub-Offices (SOs)?

A) Funds from the Head Office only
B) Remittances from another SO or HO
C) Borrowing from the bank
D) Funds from external organizations

The correct answer is: B

Q25. In exceptional cases, from where may funds be provided to an SO?

A) Only from the SO’s HO of account
B) From external banks only
C) From another HO other than the SO’s HO of account
D) From local sources within the district

The correct answer is: C

Q26. Which of the following is a method for disposing of surplus funds at SOs?

A) Keep the surplus funds in the SO till the next year
B) Remittances to treasury, bank, or another SO
C) Allow the funds to accumulate at SO without remittance
D) Use surplus funds for local development purposes

The correct answer is: B

Q27. What is the restriction when remitting funds to the Head Office or Sub-Office cash office?

A) No remittances should occur after 5 PM
B) Remittances cannot be made on Sundays or Post Office holidays
C) Only cash remittances are allowed on holidays
D) Remittances are allowed only during business hours

The correct answer is: B

Q28. How is the remittance of funds between Sub-Offices under different Head Offices accounted for?

A) The remitting SO credits the amount as “Cash in Hand”
B) The remitting SO does not need to record the amount
C) The receiving SO credits the amount as “Cash in Hand”
D) The remitting SO records it as “Cash in Transit”

The correct answer is: D

Q29. What is the process for remitting funds between Sub-Offices under different Head Offices?

A) No special procedures are required
B) Remittance orders are recorded on SO slips and registered lists
C) Only verbal communication is used for remittance
D) Funds are handed over without documentation

The correct answer is: B

Q30. What must be included in the account bag sent from the Head Office to a Sub-Office (SO)?

A) Only stamps and passbooks
B) Daily accounts, unregistered mail, and cash bags
C) Cash and postal articles only
D) Registered articles and undelivered mail only

The correct answer is: B
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