76 short questions and answers about India Post for LGO to PA exam and GDS to MTS and GDS to Postman Exam 2024
1. Q: What is India Post?
A: India Post is the postal system of India, operated by the government.
2. Q: When was India Post established?
A: India Post was established in 1854.
3. Q: What is the primary service of India Post?
A: The primary service is the delivery of letters and parcels.
4. Q: What is the Post Office Savings Account?
A: A savings account offered by India Post with attractive interest rates.
5. Q: What is the minimum balance required for a Post Office Savings Account?
A: ₹500.
6. Q: What is the interest rate for the Post Office Savings Account?
A: 4% per annum (as of now).
7. Q: What is the Post Office Recurring Deposit (RD) Account?
A: A savings scheme where you deposit a fixed amount every month.
8. Q: What is the tenure for a Post Office RD account?
A: 5 years.
9. Q: What is the interest rate for the Post Office RD account?
A: 5.8% per annum (compounded quarterly).
10. Q: What is the Sukanya Samriddhi Yojana?
A: A savings scheme for the girl child.
11. Q: Who can open a Sukanya Samriddhi Yojana account?
A: Parents or guardians of a girl child below 10 years.
12. Q: What is the interest rate for Sukanya Samriddhi Yojana?
A: 7.6% per annum (compounded annually).
13. Q: What is the Public Provident Fund (PPF)?
A: A long-term savings scheme with tax benefits.
14. Q: What is the tenure for a PPF account?
A: 15 years.
15. Q: What is the interest rate for PPF?
A: 7.1% per annum (compounded annually).
16. Q: What is the National Savings Certificate (NSC)?
A: A fixed income investment scheme.
17. Q: What is the tenure for NSC?
A: 5 years.
18. Q: What is the interest rate for NSC?
A: 7.7% per annum (compounded annually).
19. Q: What is the Kisan Vikas Patra (KVP)?
A: A savings scheme aimed at farmers.
20. Q: What is the maturity period for KVP?
A: 124 months.
21. Q: What is the interest rate for KVP?
A: 7.5% per annum.
22. Q: What is the Senior Citizens Savings Scheme (SCSS)?
A: A savings scheme for senior citizens.
23. Q: What is the tenure for SCSS?
A: 5 years.
24. Q: What is the interest rate for SCSS?
A: 8.2% per annum.
25. Q: What is the maximum investment limit for SCSS?
A: ₹15 lakhs.
26. Q: What is the Monthly Income Scheme (MIS)?
A: A scheme that provides a fixed monthly income.
27. Q: What is the tenure for MIS?
A: 5 years.
28. Q: What is the interest rate for MIS?
A: 7.4% per annum.
29. Q: What is the maximum investment limit for MIS?
A: ₹4.5 lakhs for a single account, ₹9 lakhs for a joint account.
30. Q: What is the India Post Payments Bank (IPPB)?
A: A government-owned payments bank.
31. Q: When was IPPB launched?
A: September 1, 2018.
32. Q: What services does IPPB provide?
A: Savings accounts, current accounts, remittance services, and more.
33. Q: What is the minimum balance requirement for an IPPB savings account?
A: There is no minimum balance requirement.
34. Q: What is the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
A: A life insurance scheme.
35. Q: What is the age eligibility for PMJJBY?
A: 18 to 50 years.
36. Q: What is the annual premium for PMJJBY?
A: ₹436.
37. Q: What is the insurance coverage under PMJJBY?
A: ₹2 lakhs.
38. Q: What is the Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
A: An accident insurance scheme.
39. Q: What is the age eligibility for PMSBY?
A: 18 to 70 years.
40. Q: What is the annual premium for PMSBY?
A: ₹20.
41. Q: What is the insurance coverage under PMSBY?
A: ₹2 lakhs for accidental death and full disability, ₹1 lakh for partial disability.
42. Q: What is the Atal Pension Yojana (APY)?
A: A pension scheme for unorganized sector workers.
43. Q: What is the age eligibility for APY?
A: 18 to 40 years.
44. Q: What is the minimum pension guaranteed under APY?
A: ₹1,000 per month.
45. Q: What is the Post Office Time Deposit (TD) Account?
A: A fixed deposit scheme.
46. Q: What are the available tenures for Post Office TD?
A: 1, 2, 3, and 5 years.
47. Q: What is the interest rate for a 1-year Post Office TD?
A: 6.9% per annum.
48. Q: What is the interest rate for a 5-year Post Office TD?
A: 7.5% per annum.
49. Q: Are the interest earnings from Post Office TD taxable?
A: Yes, they are taxable.
50. Q: What is the India Post International Money Transfer Service?
A: A service to receive remittances from abroad.
51. Q: What is the maximum amount that can be received via International Money Transfer?
A: ₹50,000 per transaction.
52. Q: What is the Postal Life Insurance (PLI)?
A: An insurance scheme for government and semi-government employees.
53. Q: When was PLI introduced?
A: 1884.
54. Q: What is the Rural Postal Life Insurance (RPLI)?
A: An insurance scheme for rural residents.
55. Q: When was RPLI introduced?
A: 1995.
56. Q: What is the India Post Retail Post service?
A: Services like bill collection, sale of forms, and more.
57. Q: What is the India Post Philately service?
A: The collection and study of postage stamps.
58. Q: What is the India Post Speed Post service?
A: A high-speed postal service.
59. Q: When was Speed Post introduced?
A: 1986.
60. Q: What is the India Post Business Parcel service?
A: A service for business customers to send parcels.
61. Q: What is the maximum weight limit for Speed Post?
A: 35 kg.
62. Q: What is the India Post Express Parcel service?
A: A premium parcel delivery service.
63. Q: What is the India Post Logistics Post service?
A: A service for bulk transportation of goods.
64. Q: What is the India Post Media Post service?
A: A service to distribute media-related items.
65. Q: What is the India Post eCommerce service?
A: Solutions for eCommerce businesses.
66. Q: What is the India Post Corporate Money Order service?
A: A money transfer service for corporate customers.
67. Q: What is the India Post Domestic Money Transfer service?
A: A service to transfer money within India.
68. Q: What is the India Post International Tracked Packet service?
A: A service for sending small parcels internationally with tracking.
69. Q: What is the India Post Direct Post service?
A: A direct marketing service.
70. Q: What is the India Post Cash on Delivery (COD) service?
A: A service where the recipient pays for the goods upon delivery.
71. Q: What is the India Post Philately Deposit Account?
A: An account to purchase philatelic items.
72. Q: What is the India Post My Stamp service?
A: A personalized stamp service.
73. Q: What is the India Post Greeting Post service?
A: A service for sending greeting cards.
74. Q: What is the India Post Videsh Dak Bhawan?
A: The international mail processing center.
75. Q: What is the India Post Retail Post service's tie-up with government agencies?
A: It provides services like bill collection and form distribution in collaboration with government agencies.
76. Q: What is the India Post Aadhaar Enrollment service?
A: A service for enrolling and updating Aadhaar details.