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
The Correct Answer is Option 2.
Venture capital
It is A long-term start-up capital provided to new entrepreneurs. Hence, Option 2 is correct.
It is a form of private equity and a type of financing that investors provide to start-up companies and small businesses that are believed to have long-term growth potential.
It generally comes from well-off investors, investment banks, and any other financial institutions.
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