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Question : Libraries run by charitable trusts are an example of:

Option 1: Partnership

Option 2: Not for profit organisation

 

Option 3: Companies

Option 4: Cooperatives


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: Not for profit organisation

 


Solution : The primary goal of Not-for-Profit Organizations (NPOs) is the social welfare of society; profit is not the primary goal of these types of organizations. These kinds of organizations include hospitals, schools, trade unions, religious places, etc.

 

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