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Consider the following statements regarding Post Office Saving Banks in India
1. The Department of Posts operates Small Savings on behalf of Ministry of Rural Development
2. Post office saving banks do not offer ATM services
3. The Post Office Savings Bank operates Savings Account, Recurring Deposit (RD) and Time Deposit (TD) apart from other services.
Select the correct code
  • a)
    Only 1
  • b)
    Only 2
  • c)
    Only 3
  • d)
    1, 2 and 3
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding Post Office Saving Banks i...
Comes under Ministry of Finance and offers ATM services as well
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Consider the following statements regarding Post Office Saving Banks in India1. The Department of Posts operates Small Savings on behalf of Ministry of Rural Development2. Post office saving banks do not offer ATM services3. The Post Office Savings Bank operates Savings Account, Recurring Deposit (RD) and Time Deposit (TD) apart from other services.Select the correct codea)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements regarding Post Office Saving Banks in India1. The Department of Posts operates Small Savings on behalf of Ministry of Rural Development2. Post office saving banks do not offer ATM services3. The Post Office Savings Bank operates Savings Account, Recurring Deposit (RD) and Time Deposit (TD) apart from other services.Select the correct codea)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Post Office Saving Banks in India1. The Department of Posts operates Small Savings on behalf of Ministry of Rural Development2. Post office saving banks do not offer ATM services3. The Post Office Savings Bank operates Savings Account, Recurring Deposit (RD) and Time Deposit (TD) apart from other services.Select the correct codea)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Post Office Saving Banks in India1. The Department of Posts operates Small Savings on behalf of Ministry of Rural Development2. Post office saving banks do not offer ATM services3. The Post Office Savings Bank operates Savings Account, Recurring Deposit (RD) and Time Deposit (TD) apart from other services.Select the correct codea)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?.
Solutions for Consider the following statements regarding Post Office Saving Banks in India1. The Department of Posts operates Small Savings on behalf of Ministry of Rural Development2. Post office saving banks do not offer ATM services3. The Post Office Savings Bank operates Savings Account, Recurring Deposit (RD) and Time Deposit (TD) apart from other services.Select the correct codea)Only 1b)Only 2c)Only 3d)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
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