E-IPO International track packet

India Post Payments Bank will help in financial inclusion-Manoj Sinha

Question: Recently, Minister for Communications Shri Sinha launched International Tracked Packet service designed specially to meet the cross border requirements of e-Commerce sector in Asia-Pacific Region. At the beginning, the service will be available in how many countries?
(a) 10
(b) 12
(c) 15
(d) 21
Answer: (b)
Related facts:

  • On October 9, 2017, Communications Minister Manoj Sinha launched e-IPO (Indian Postal Order) in the denominations of Rs. 10/-, Rs. 20/-, Rs. 50/- &Rs. 100/-, as a pilot project in Bihar, Delhi and Karnataka on the occasion of World Post Day.
  • In the next two months, the service will cover the entire country.
  • e-IPO will be used for all purposes like fee payment for RTI/ educational institutions/ Court/ online registration for Cable Operators etc.
  • This launch is a part of Digital India Initiative.
  • Payment will be done through debit card / credit card / net banking.
  • It can be purchased by visiting the e-IPO online website https://www.epostoffice.gov.in or it can also be purchased from the official website of the India Post https://www.indiapost.gov.in.
  • On this occasion, the Communication Minister launched the international track packet specially designed to meet the cross border requirements in the e-commerce sector in the Asia-Pacific region.
  • The service will be available to 12 countries and gradually the whole world will be covered.
  • This new service has many special features like affordable price, track & trace, volume discounts, pick up facility, compensation for loss or damage and, therefore, high value for money.
  • Apart from this, Shri Sinha also unveiled the revamped website of the India Post which is made more user-friendly and informative to meet the need of customers in a better way.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=171521
http://pib.nic.in/newsite/PrintHindiRelease.aspx?relid=67555
http://pib.nic.in/newsite/PrintHindiRelease.aspx?relid=67555
http://economictimes.indiatimes.com/industry/banking/finance/banking/india-post-payments-bank-branches-to-help-promote-financial-inclusion-says-manoj-sinha/articleshow/61013320.cms
http://www.india.com/business/india-post-payments-bank-will-help-in-financial-inclusion-says-manoj-sinha-2522903/