What does venture capital mean?
AA short-term capital provided to industries
BA long-term start-up capital provided to new entrepreneurs
CFunds provided to industries at times of incurring losses
DFunds provided for replacement and renovation of industries
Answer & Solution
Correct answer: B. A long-term start-up capital provided to new entrepreneurs
UPSC CSE Prelims 2014 (GS-I, Set A), Q.28. Official answer key: B.
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