NON-STATE INSTITUTIONS

What distinguishes a business corporation from a non-profit corporation?

• Business corporations are limited to a specific industry and cannot diversify.

• Non-profit corporations can distribute profits to shareholders.

• Business corporations are governed by a board of directors only

• Business corporations aim for profit, while non-profits serve the public.

What type of cooperative provides financial services like loans and savings to its members?

• Credit Cooperative

• Agricultural Bank

• Producer Cooperative

• Consumer Cooperative

What is the main purpose of trade unions?

• To protect workers' rights and improve working conditions.

• To promote individual career advancement for members.

• To serve as a political lobbying group for labor laws.

• To provide legal representation for workers in disputes.

What is the primary function of banks as non-state institutions?

• To manage government funds and budgets

• To provide insurance services to individuals and businesses

• To provide financial services and create credit

• To regulate the economy by controlling monetary policy

What are non-state institutions?

• Organizations independent of government control

• Government agencies

• State-owned enterprises

• International governmental organizations

What role do non-state institutions play in relation to government during crises?

• Non-state institutions support and collaborate with the government during crises

• Non-state institutions act independently without any collaboration with the government

• Non-state institutions only compete with the government for resources

• Non-state institutions have no role during crises and focus solely on profit

How do intergovernmental organizations (IGO) differ from international non-governmental organizations?

• IGOs focus solely on humanitarian aid, while INGOs focus on economic development.

• IGOs can enforce laws, while INGOs cannot enforce any regulations.

• IGOs are funded by private donations, while INGOs are funded by government grants.

• IGOs enact supranational law; INGOs provide recommendations without authority.

What is an international non-governmental organization (INGO)?

• A multinational corporation that operates for profit

• An organization that operates internationally and independently

• A local charity focused solely on community service

• A government agency that implements national policies

What is a non-state institution?

• A government agency

• A state-owned enterprise

• A political party

• An organization not controlled by the government

What is the main financial institution in a country?

• Retail Bank

• Central Bank

• Commercial Bank

• Investment Bank