2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ICICI
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NHB
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NABARD
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SBI
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Detailed explanation-1: -NABVENTURES is the Investment Manager of NABVENTURES Fund I with a target corpus of INR 500 crore. The fund focus on investments in early to mid-stage start-ups in agriculture, agtech, agri-biotech, food, agri/rural fintech and rural businesses.
Detailed explanation-2: -A venture capital firm is usually structured as a limited partnership. A limited partnership has two types of partners: general and limited partners. Investors are limited partners and the venture capitalists that make investments and manage the funds are the general partners.
Detailed explanation-3: -In 1975, venture capital financing was introduced by the all-India financial institutions with the inauguration of the Risk Capital Foundation (RCF) sponsored by IFCI to supplement promoters’ equity as means of encouraging technologists and professionals to promote new industries.