UPSC 2014 › Indian Economy › Financial Markets & Capital Markets

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UPSC 2014 · Q28 · Indian Economy › Financial Markets & Capital Markets · Save

What does venture capital mean?

(a) A short-term capital provided to industries
(b) A long-term start-up capital provided to new entrepreneurs
(c) Funds provided to industries at times of incurring losses
(d) Funds provided for replacement and renovation of industries
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Answer: (b) A long-term start-up capital provided to new entrepreneurs