Question : Out of the following which is Unrestricted Fund?
Option 1: Annuity Fund
Option 2: Sports Fund
Option 3: Endownment fund
Option 4: Capital fund
Correct Answer: Capital fund
Solution : An NPO's capital fund is the difference between its assets and liabilities. Put another way, an organisation that makes a profit refers to the amount of assets that exceed its liabilities as capital, whereas a non-profit organisation refers to the same amount as a capital fund. It is also known as a general fund. Hence, the correct option is 4.
Question : Which of the following is an unrestricted fund?
Option 1: Sports fund
Option 2: Capital fund
Option 3: Annuity fund
Option 4: Endowment fund
Question : Examples of Restricted Fund are
Option 1: Government Grant
Option 2: Endowment Fund
Option 3: Annuity Fund, Loan Fund, Prize Fund
Option 4: All of the above
Question : Which of the following is not a type of mutual fund?
Option 1: Equity fund
Option 2: Debt fund
Option 3: Index fund
Option 4: Venture capital fund
Option 3: Balanced fund
Option 4: Currency fund
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