8 Views

Question : An ---------------- is established when a Not-for-Profit Organisation receives assets from a donor with a condition to pay a specified amount periodically to designated beneficiary or beneficiaries.

Option 1: Annuity Fund

Option 2: Endowment fund

Option 3: Government Grant

Option 4: General Fund


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Annuity Fund


Solution : An annuity fund is established when a Not-for-Profit Organisation receives assets from a donor with a condition to pay a specified amount periodically to designated beneficiary or beneficiaries.
Hence, the correct option is 1.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Indus University M.Tech Admis...
Apply
Highest CTC 26 LPA | Top Recruiters: Accenture, TCS, Tech Mahindra, Capgemini, Microsoft
New Horizon College BBA Admis...
Apply
UG Admissions 2026 open| NAAC ‘A’ grade | Merit-based Scholarships available.
VIT Bhopal University | B.Arc...
Apply
Mark presence in the Modern Architectural field with Bachelor of Architecture | Highest CTC : 70 LPA | Accepts NATA Score
VIT Bhopal University | Integ...
Apply
Integrated M.Tech admissions open @ VIT Bhopal University | Highest CTC 70 LPA | Application Closing Soon | Apply now
MAHE, Manipal - B.Tech Admiss...
Apply
Final Application Deadline: 23rd March | NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #3
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books