Single Answer MCQ
Q-00014332

Why is the Indian postal service significant beyond mail delivery?

1

Offers only domestic services.

2

Provides financial and insurance services.

3

Only operates in cities.

4

Competes with private firms.

Answer and Solution

Answer

B. Provides financial and insurance services.

Solution:

The Indian postal service is significant as it provides financial and insurance services in addition to mail delivery, making it a crucial element of the economic framework in rural and urban areas.

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