Non-profit Associations are formed for benefits of members.
A
True
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
False
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A True Non-Profit association works only for the social welfare and to encourage high ethical behavior without focusing on earning profit. Its main focus is to maximize the benefit of members involved.