MCQ on Money Orders

1) Cost of single MO forms is
A) 0.50 paise    
B) 0.25 paise 
C) Rs 1/-     
D) Free of cost  
 Ans:0.25 paise

2)  The book of MO form contain
A) 50 forms    
B) 100 forms 
C) 25 forms    
D) 200 forms  
 Ans: 50 forms  

3) The daily MO issue journal and MO paid  list prepared in
A) MO-2, MO-4
B) MO-4, MO14
C) MO 17, MO 18
D) None of these
Ans: MO-2, MO-4

4) MO issue journal prepared in
A) Single copy
B) In duplicate
C) In triplicate
D) In quadruplicate
Ans: In triplicate
Note : For HO duplicate, SO triplicate

5) Mark the incorrect option
A) MO check list prepared in MO-70
B)HVMO list prepared in MO-75
C)Register of MO received prepared in MO-3
D)None
Ans: None

6) MO becomes void
A)At the beginning of the month following the month of its issue.
B)At the end of the  month of issue
C)At the end of the month following the month of its issue
D)None of these
Ans: At the end of the month following the month of its issue.

7) The official who initial in the Postman book in token of receipt of MO acknowledgement is
A) Regn PA
B) Postmaster
C) Treasurer
D) MO paid PA
Note: MO paid PA

8)  A money order received for payment to minor of 5 year old is paid to
A)Parent or guardian
B)Minor himself
C)Any elder available at the given address
D) None of these
Ans: Parent or guardian

9)The round and oblong MO stamp must always remain under lock and key in personal custody of
A) Regn PA
B) MO PA
C) Postmaster
D) None of these
Ans: Postmaster

10) If the payee refuses to take MO payment, MO should be
A)Kept in deposit for 7 days
B)Returned to RLO
C)Returned to remitter at once
D)Returned to the remitter after 10 days
Ans: Returned to remitter at once

11)  When a remitter presents MO form filled in regional language which is not known at the office of payment, the MO issue PA
A)Translates into English
B)Dispatches the MO form as it is
C)Insists the customer to fill the form in English
D)Refused to book the MO
Ans: Translates into English

12) If a MO is lost after payment
A)Duplicate MO will be prepared by office of issue
B)Duplicate mo will be prepared by office of payment
C)Certificate of payment will be prepared by office of payment
D) Memo of admission of payment will be prepared by office of issue and on receipt, the office of payment will get the signature of the payee in the memo and forward it to the Audit Office.
Ans: D

13) If the remitter presents an application requesting postmaster of office of issue to change  the name of payee, the fee to be collected is
A) Second commission in cash
B)Free
C)Second commission in shape of postage stamp affixed on the application
D) None of these
Ans: Second commission in shape of postage stamp affixed on the application

14) Fee for redirection of an Inland MO is
A) Double of MO commission
B) Equal to the MO commission
C) Hal of MO commission
D) Free of cost
Ans: Free of cost

15) The amount of commission on a Service money order for Rs 5000 is
A) Rs 250/-
B) Half rate of normal MO
C) Nil
D) None of these
Ans: Nil.

16) The stamp impressed on MO form received for payment is
A) Oblong stamp
B) Round MO stamp
C) Date stamp
D) Name stamp
Ans: Round MO stamp

17) If a MO is repaid to the remitter, his signature should be obtained on
A)Only in the MO receipt portion
B)Both in the receipt and acknowledgment portion
C)Only in the acknowledgement portion
D)Only in postman book
Ans: Only in the MO receipt portion

18) If there is a discrepancy of less than Rs 10/- between the amount entered by the remitter and by the office of issue
A)MO issue returned to the office of issue for necessary correction
B)MO is paid only after confirming the value of MO by fax/telegram
C)The amount written by the remitter is paid and irregularity reported to office of issue
D) None of these
Ans: The amount written by the remitter is paid and irregularity reported to office of issue

19) Application for the payment of void MO should ordinarily be made within
A)One year from the date of issue of the money order
B)Two year from the date of issue of the money order
C)Six month from the date of issue of the money order
D) None of these
Ans: One year from the date of issue of the money order

20) If a payee of the VPMO (sender of the VP article) for Rs 400/- is deceased, then the VPMO should be
A) Returned to the addressee of the VP article
B) paid to the claimant in the presence of alliterate witness
C) Returned to Audit office as unpaid
D) Paid to the claimant after obtaining indemnity bond with one surety
Ans: Paid to the claimant after obtaining indemnity bond with one surety

21)  Money order issued at BO will be
A)Will be numbered examined and issued at the account office as MO presented at the window
B)Forwarded to HO for further action
C)MOs cannot be booked at BO
D) None of these
Ans:Forwarded to HO for further action

22) The MOs for payment at the office of payment will be received from the
A) Delivery department
B) The Postmaster
C) The regn department
D) Deposit department
Ans: The regn department

23) The MOs paid at BOs will be accounted for
A) At the accounts office
B) At the HOs along with its paid MOs
C) Separately at the Audit office
D) None of these
Ans: At the accounts office

24) The commission on MO can be refunded if the
A)MO is repaid to remitter
B)MO is wrongly returned back to remitter
C)The value of MO is defrauded
D)The commission in no case be refunded
Ans: The commission in no case be refunded

25) The remitter can be altered the office of payment of the payees address
A) On payment of second commission
B) Without any fees
C) Not permissible
D) Only can ask repayment to him
Ans: Without any fees

26) All head and sub offices journal of money order paid are sent to audit
A) Daily
B) Weekly
C) Twice in the month
D) Monthly
Ans: Twice in the month

27) When MOs are paid to departmental pensioner, a life certificate should be signed on the back of the acknowledgement portion of the MO form by
A) Near relatives  of the pensioner
B) A gazetted officer
C)Postman
D) MO clerk
Ans: Postman

28) Memo of admission of payment is obtained
A)When duplicate money order are issued
B)When a money order is lost before payment
C)When a money order is lost after payment
D) When money order was paid to a person other than the payee.
Ans: When a money order is lost after payment.

29) Money order issued at the POs will be dispatched
A) Along  with other unregistered mail of the PO
B)MO bundles will be made and the bundles dispatched along with labeled bundles of unregistered mails
Separate MO
C)bundles will be prepared and transferred to registration PA for dispatch along with registered mails
D) enclosed in R bags
Enclosed in separate bag and dispatched
Ans: bundles will be prepared and transferred to registration PA for dispatch along with registered mails

30) Memo admission of payment in form MO 10(a) is prepared
A)When a MO loss after payment
B)When a MO loss before payment
C)Either A or B
D) None
Ans: When a MO loss after payment