Business Studies

State with reasons, whether the following statement is True or False:
Post offices provide money remittance services.


SOLUTION
The above statement is true. Post offices help the customers to send or remit the money by way of money orders. A money order is an order issued by the post office for the payment of money to the person whose name is mentioned as the Payee in the money order. However, the post office charges some amount for providing this facility to its customers.
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Subjective Medium Published on 18th 08, 2020
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