Q1. Distinguish between government, non-profit and profit entities. Use proper examples to support your answers.
Difference between Government & Profit Organizations: (2.5 marks) – 200 to 250 words
Difference between Non-profit and Profit Organizations: (2.5 marks) – 200 to 250 words
Q2. What are the key features of government and non-profit entities? Elaborate the types of GNP organizations with the help of suitable examples.
Features / Characteristics of government & non-profit organizations: (3 marks) – 200 to 250 words
Types of GNP Organizations (with examples) (4 marks) 300 words
Q3. What are the unique sources of funds to government entities? Define government bonds and briefly discuss pros and cons of government bonds.