

McqMate
Q. |
Sums of money where the principles are maintained intact and only the income from the interest on the principal are consumed is called - |
A. | Land grants |
B. | Bequests |
C. | Endowments |
D. | Philantropic trust |
Answer» C. Endowments |
View all MCQs in
Educational Planning and ManagementNo comments yet