Question

As per the Social Stock Exchange Framework issued by SEBI, N on-profit organisations (N POs ) a re NOT permitted to raise funds through which of the following instruments?

Q: Answer-As per the Social Stock Exchange Framework issued by SEBI, N on-profit organisations (N POs ) ...

According to the Social Stock Exchange Framework issued by the Securities and Exchange Board of India SEBI, Non-Profit Organizations NPOs are allowed to raise funds mainly through Zero-Coupon Zero-Principal ZCZP bonds Donations and Grants via Mutual fund schemes These instruments d o not provide ownership and d o not create repayment obligation and as such are s uit ed to the non-profit nature of the NPOs. The framework specifically excludes Equity as a source of raising funds as eq uity implies ownership shareholding and NPOs have no owners or shareholders .