Which of the following is NOT a source of finance for public service organizations

Which of the following is NOT a source of finance for public service organizations

Which of the following is NOT a source of finance for public service organizations?

   A) Taxation

   B) User charges

   C) Equity shares

   D) Grants and subsidies

   Answer: C

   Explanation: Public service organizations typically do not issue equity shares as a source of finance. Their main sources include taxation, user charges, grants, and borrowing.