Question

Characteristics of postal services

Answer 1

Explanation:

Post and telegraph department provides various postal services across India. They manage the day-to-day functioning of the various head post offices, sub-post offices and branch post offices.

Two major facilities provided by the postal services are financial facilities and mail services.

Answer 2

The postal service comes under public sector or the central government in most countries.The primary function of postal services is to distributed official letters,messages and telegrams from one geographical area to the other based on a particular address and pin code.

Explanation:

Main characteristics of postal services:-

• In many backward and socio-economically underdeveloped regions,postal services sometimes act as a commercial bank.It provides regular and ordinary banking services to unprivileged and backward communities such as savings account,recurring account,deposit account,small scale investment schemes and so forth.
• Postal services are available everywhere within any country and is especially important for interior rural areas where the communication system is not well-developed and public infrastructure is extremely poor.Therefore,the public reach of postal services is comprehensive.
• Postal services usually provide multitude of facilities to general public which includes dispatch of regular posts,speed posts,inland letters or telegrams,international posts,offering post stamps for the letters,various low premium insurance policies and so on.
• Post offices play a major role for the lower middle class and lower class section of the population by providing them the basic socio-economic services which,otherwise,wouldn't be accessible to them.