Question

When did ICICI Venture Capital, the first Venture Capital Institution in India, come into existence?

a.

1970

b.

1988

c.

1996

d.

2000

Answer: (b).1988 Explanation:ICICI Venture Capital, the first Venture Capital Institution in India, was formed in 1988.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. When did ICICI Venture Capital, the first Venture Capital Institution in India, come into existence?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What is one of the basic features of venture capital?

Q. What is the typical time frame within which venture capitalists generally try to liquidate their investments in a new project or firm?

Q. Which regulation aims at regulating, controlling, and directing the development of venture capital funds in India?

Q. According to the regulations, what is the definition of a "venture capital fund"?

Q. How does the regulation define a "venture capital undertaking"?

Q. What condition must be fulfilled by a company applying for registration as a venture capital fund?

Q. What condition must be fulfilled by a trust applying for registration as a venture capital fund?

Q. What conditions must a body corporate fulfill when applying for registration as a venture capital fund?

Q. What is the procedure for granting a certificate of registration to a venture capital fund by SEBI?

Q. What is the consequence if a venture capital fund is found to have provided false or misleading information in its application?

Q. What is the primary characteristic of a Term Insurance plan?

Q. What is the policy tenure for Term Insurance?

Q. What happens if the insured person lives beyond the policy term in Term Insurance?

Q. What is the key characteristic of Term Insurance?

Q. What is the primary purpose of whole life insurance?

Q. How does the premium payment in whole life insurance differ from term insurance?

Q. What is the purpose of the reserve element (cash value) in whole life insurance?

Q. What is the characteristic of cash value life insurance?

Q. What are the two basic forms of whole life insurance?

Q. What is the primary purpose of an endowment life insurance policy?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!