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EconomyMedium

Which business vertical of India Post recorded the highest year-on-year growth in the second quarter of FY 2026-27?

  1. A.Post Office Savings Bank
  2. B.Mails
  3. C.Parcels
  4. D.International Relations and Global Business

Correct answer

C. Parcels

Explanation

The correct answer is parcels, which grew 71 per cent over the same quarter of the previous year, the highest among the six verticals. The parcels vertical earned Rs 318.9 crore in the quarter, and Kerala, the North East, Uttar Pradesh and Bihar went past their quarterly targets in it. Option D, international relations and global business, grew 38 per cent, which is strong but lower. Option B, mails, grew 36 per cent over the year, although its revenue rose 26 per cent over the first quarter. Option A, the Post Office Savings Bank, grew the least among those named, at 18 per cent, even though in absolute terms it contributed the large sum of Rs 1,987 crore. Postal life insurance, counting PLI and RPLI together, grew 44 per cent and met 92 per cent of its quarterly target.

Read the full article: India Post Crosses Rs 4,000 Crore Revenue in Two Straight Quarters

Q3.EconomyMedium

Who chaired the second quarter review of the Department of Posts held in New Delhi?

  1. A.Union Minister Jyotiraditya M. Scindia
  2. B.Minister of State Chandra Sekhar Pemmasani
  3. C.Secretary (Posts) Subrat Das
  4. D.Director General Postal Services Manisha Sinha
Show answer
Correct answer: A. Union Minister Jyotiraditya M. Scindia

The correct answer is Jyotiraditya M. Scindia, Union Minister of Communications and Development of North Eastern Region, who chaired the review and asked the department to sustain its growth through customer acquisition, service excellence, business diversification and faster digitalisation of services.

Q4.EconomyEasy

The NSDC programme launched through the Social Stock Exchange prepares youth from Madhya Pradesh for employment in which two countries?

  1. A.Japan and Germany
  2. B.Japan and Australia
  3. C.Germany and Canada
  4. D.South Korea and Germany
Show answer
Correct answer: A. Japan and Germany

The programme will prepare 600 young people from economically weaker Other Backward Classes households in Madhya Pradesh for work abroad, with 300 of them readied for Japan and 300 for Germany through residential training in the Japanese and German languages together with employability training.

Q5.EconomyHard

In the NSDC skilling programme financed through the Social Stock Exchange, what share of the cost does the Government of Madhya Pradesh bear on successful placement of candidates abroad?

  1. A.15 per cent
  2. B.35 per cent
  3. C.50 per cent
  4. D.75 per cent
Show answer
Correct answer: C. 50 per cent

The programme uses a blended financing structure with three parts: beneficiary participation meets 15 per cent of the cost, money raised on the Social Stock Exchange meets 35 per cent, and the Government of Madhya Pradesh provides the remaining 50 per cent once candidates are successfully placed in jobs abroad.