CBSE Class 11 Business Studies - Communication services
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These services are helpful to the business for establishing links with the outside world like suppliers,customers,competitors etc.
Typesof communication services:-
POSTAL SERVICES:_ The Indian posts and telegraphs department provided various following postal services facilities:
Financial facilities:- It include the following:-
Monthly income schemes
Saving account deposits,Fixed deposits and Recurring deposits
Money order facility
Public Provident Fund(PPF)
National Saving Certificates(NSCs)
Kisan Vikas Patra
Mail Facilities:- It include the following:
Parcel facilities,transmission of articles from one place to another
Registration facility to provide security of the transmitted articles
Insurance facility to provide insurance cover for all risks in the course of transmission by post.
Allied facilities:- It include the following:-
Greeting post: A range of delightful greeting cards for every occasion
Media Post: An effective tool for Indian Companies to advertise their brands through postcards.envelopes,telegrams,etc.
Speed Post: It has many links with major countries across the world.
E-Bill Post: The latest facility of the Indian Postal department to collect bill payment across the country for BSNL and Bharti AIrtel.
Direct Post: It is for direct advertising.
International Money Transfer: Remittance of money from 185 countries to India through collaboration with Western Union financial services
Passport facilities: Faciltating passport application.
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