With reference to Postal Services Bill 2023, consider the following statements:1.The Bill establishes a licensing system for postal service providers, ensuring that they meet the required criteria and standards.2.The Bill seeks to replace the Indian Post Office Act of 1898.3.The Bill seeks to revamp the postal department, especially its parcel services, making them competitive with private players to generate revenue. Which of the statements given above are correct?

Q. With reference to Postal Services Bill 2023, consider the following statements:
1.The Bill establishes a licensing system for postal service providers, ensuring that they meet the required criteria and standards.
2.The Bill seeks to replace the Indian Post Office Act of 1898.
3.The Bill seeks to revamp the postal department, especially its parcel services, making them competitive with private players to generate revenue.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: B

Notes:

Explanation –

Statement 1 is incorrect. There is no such aim of the Bill.

Statement 2 and 3 are correct. The Bill seeks to replace the Indian Post Office Act of 1898, which governs the functioning of post offices in the country. The bill seeks to revamp the postal department, especially its parcel services, making them competitive with private players to generate revenue. It also seeks to enhance financial services in rural areas through the postal system.

Source: ForumIAS

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS