Postal Manual Vol. VIII - India Post
Postal Manual Vol. VIII - India Post
Postal Manual Vol. VIII - India Post
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The maximum balance should be Rs. 20+(150-40)=Rs. 130.<br />
II. Cases in which the payments are greater than the receipts.<br />
Example G<br />
Monthly Daily<br />
Rs. Rs.<br />
Average receipts . . . . . 450 15<br />
Average payments . . . . . 900 30<br />
Method prescribed for making and receiving remittances In mail bag, by railway and steamer<br />
Period between two ordinary remittance<br />
Two days.<br />
Time within which a special remittance can be obtained in<br />
case of emergency<br />
One day.<br />
Here the payments average Rs. 30 per day, while the receipts are only half as much, but in<br />
case of need, money could be obtained in single day. The minimum balance should, therefore, be<br />
fixed at Rs.(30x1)+(25 percent on 30)= Rs.38, say Rs. 40.<br />
.<br />
The maximum balance should be Rs. 40+[(30-15)x2]=Rs. 70.<br />
Example H<br />
Monthly Daily<br />
Rs. Rs.<br />
Average receipts . . . . . 900 30<br />
Average payments . . . . . 1,200 40<br />
Method prescribed for making and receiving remittances In mail bag, by runner’s line worked in<br />
the day time.<br />
Period between two ordinary remittance<br />
Four days.<br />
Time within which a special remittance can be obtained in<br />
case of emergency<br />
Two days.<br />
Here the payments average Rs. 40 per day and, although the receipts are not much less, a<br />
special remittance could not be obtained, in case of need, in less than two days. The minimum<br />
balance should, therefore, be Rs40x2+(25 percent on 40) = Rs. 90.<br />
The maximum balance according to the formula in rule 139 would then be Rs. 90+[(40-<br />
30)x4]=Rs. 130; but as it has been provided that the difference between the maximum and<br />
minimum cash balances must not be less than half the minimum cash balance, the maximum<br />
balance should be fixed at Rs. 90+90/2=Rs. 135.<br />
Example I<br />
Monthly Daily<br />
Rs. Rs.<br />
Average receipts . . . . . 300 10<br />
Average payments . . . . . 1,800 60<br />
Method prescribed for making and receiving remittances Through the overseer Seven days.<br />
Period between two ordinary remittance<br />
Seven days.<br />
Time within which a special remittance can be obtained in<br />
case of emergency<br />
Three day.<br />
Here the payments average as much as Rs. 60 per day, while the receipts are insignificant<br />
and, in case of an emergency, a special remittance could be obtained in less than three days. The<br />
minimum balance should, therefore, be Rs.(60x3)+(50 percent on 60)= Rs.210.
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