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.

Consider the following statements:                                                                   The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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Consider the following statements:                                                         The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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