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The fees charged on postal order by the post office is  

Commerce
JAMB 2025

The fees charged on postal order by the post office is

 

  • A. premium
  • B. poundage
  • C. interest
  • D. brokerage
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Correct Answer: Option B
Explanation

The fees charged on postal orders by the post office is known as poundage. Poundage is a type of service charge that is levied to
cover the costs of processing the postal order. It is not interest, brokerage, or premium.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now