ATTEMPT · INDIAN ECONOMY · PRELIMS 2014
What does venture capital mean?
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What does venture capital mean?
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• Correct Answer: B
• Venture capital is long-term private equity financing provided to start-ups and early-stage enterprises with high growth potential.
• It is patient capital with 5-10 year horizon, unlike short-term working capital.
• A, C, D are wrong as VC is not for loss-making firms, industrial renovation, or short-term needs.
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