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A hospital that provides free services to the needy but charges nominal fees from others is classified as a non-profit organisation. - Commercial Applications

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प्रश्न

A hospital that provides free services to the needy but charges nominal fees from others is classified as a non-profit organisation.

विकल्प

  • True

  • False

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उत्तर

True

Explanation:

A hospital that provides free services to the needy but charges nominal fees from others is indeed classified as a non-profit organisation. Such organisations aim to serve the public or a specific community's needs rather than focusing on generating profits. The revenue generated from nominal fees is typically used to sustain the services provided to those who cannot afford to pay.

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अध्याय 1: Introduction to Commercial Organisations - EXERCISES [पृष्ठ २०]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 1 Introduction to Commercial Organisations
EXERCISES | Q I. 29. | पृष्ठ २०
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