What does venture capital mean?

What does venture capital mean?

[UPSC Civil Services Exam – 2014 Prelims]

(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

Answer: (b)

Explanation:

venture capital

It is a type of private equity provided by wealthy investors to small business companies that are believed to have long-term growth potential.
Venture capital is a long-term risk capital to finance high technology projects, which involve risk, but at the same time has a high potential for growth.

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Tenth Schedule of Constitution of India: Important Question

The provisions in Fifth Schedule and Sixth Schedule in the Constitution of India are made in order to

Under which Schedule of the Constitution of India can the transfer of tribal land to private parties for mining be declared null and void?

The Ninth Schedule was introduced in the Constitution of India during the prime ministership of

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