Write down the non-banking services of postal services.
Non-banking services of postal services:
1. Money order 2. Postal order.
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Distinguish between inland mail and international mail.
The sender and the receiver of inland mail live in within the same country, whereas the sender and receiver of international mail live in different countries.
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What do you mean by specialised banks ? Give three examples of specialised banks.
Specialised banks means those banks which satisfy the specific needs. These banks provide financial aids to industries and foreign trade.