Question

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

a.

A fund with unlimited capital

b.

A fund established as a trust only

c.

A fund established as a company only

d.

A fund with a dedicated pool of capital, raised in a specified manner, and investing in venture undertakings

Answer: (d).A fund with a dedicated pool of capital, raised in a specified manner, and investing in venture undertakings Explanation:A venture capital fund as a fund with a dedicated pool of capital, raised in a specified manner, and investing in venture undertakings.

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

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