Statements on Venture Capital Firms
CMAT 2023 · Innovation & Entrepreneurship · Medium · Innovation and Entrepreneurship
Given below are two statements : Statement I : Venture capital firms are usually organized as limited partnerships. Statement II : Venture capitalist is a money manager who is involved in making risk investments from equity capital with the objective of gaining better returns.
In the light of the above statements, choose the most appropriate answer from the options given below:
- A.
Both Statement I and Statement II are correct
- B.
Both Statement I and Statement II are incorrect
- C.
Statement I is correct but Statement II is incorrect
- D.
Statement I is incorrect but Statement II is correct
A
Explanation
Both Statement I and Statement II are correct descriptions of venture capital firms and venture capitalists.
Related Innovation and Entrepreneurship questions
- #3229Statements on Urbanization Innovation and IssuesCMATINEMCQMedium
- #3230Opposite of Angel InvestorsCMATINEMCQMedium
- #3231Low-End Disruptive Innovation CharacteristicCMATINEMCQMedium
- #3885Legal Liquidator of Bankrupt FirmCMATINEMCQEasy
- #3886Definition of Mixed EconomyCMATINEMCQEasy
- #3887Bootstrapping Concept in BusinessCMATINEMCQEasy
- #3888RuPay Card IssuerCMATINEMCQEasy
- #3889DPIIT Startup Definition Turnover LimitCMATINEMCQMedium
Practise this under exam conditions
Sign in to solve it with a live timer, the on-screen CAT calculator, and streak and accuracy tracking across every question you attempt.
Solve in the workspace