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Question

In India, there are three different types of non-profit organisation exists as per type of registration with authorities. They are _____.

A
Trusts
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B
Societies
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C
Non-profit Companies
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D
All the above
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Solution

The correct option is B All the above
In India, there are three different types of non-profit organization exists as per type of registration with authorities. They are:
a) Trusts
b) Societies
c) Non- profit companies Motive of not-for profit organization is service and that of profit organization is profit. Source of income for non-profit organization is in the form of donation, subscription and membership fee. A charitable organization or charity is a non-profit organization (NPO) whose primary objectives are philanthropy and social well-being.

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