Question

Explain different types of non-profit making organisations.

Answer 1

1. Common weal organisations: These organisations are established to serve the overall well-being of society. Examples of such common weal organizations include services like the police, fire departments, and defense forces.
2. Municipal organisations: These organisations are established to deliver essential services to the public, such as water supply, electricity, sanitation, and other basic utilities.
3. Political organisations: Political organisations are established to safeguard and advance the political interests of their members. Examples include political parties like the Indian National Congress and Bharatiya Janata Party.
4. Mutual benefit organisations: These organisations are established to serve the interests of both their members and the public. Examples of mutual benefit organisations include clubs, trade unions, consumer associations, and chambers of commerce.
5. Charitable organisations: These organisations are created to offer financial support and other resources to the poor and vulnerable. They operate night shelters, organise blood donation drives, and assist people affected by natural disasters.
6. Religious organisations: These organisations are established to offer services for religious practices. Examples of such organisations include temples, mosques, gurdwaras, and churches.
7. Health organisations: These organisations are created to offer medical services either for free or at reduced rates. Charitable hospitals, dispensaries, and government hospitals are examples of such organisations.
8. Educational organisations: These organisations are established to offer educational services either for free or at discounted rates. Examples of such organisations include IITs, IIMs, the Institute of Chartered Accountants of India, and universities.