Question

What is the definition of a venture capital fund?

a.

A fund that invests only in publicly listed companies

b.

A fund that invests in various sectors without any specific focus

c.

A fund that has a dedicated pool of capital and invests in venture undertakings in accordance with the regulations

d.

A fund that primarily invests in government securities

Answer: (c).A fund that has a dedicated pool of capital and invests in venture undertakings in accordance with the regulations Explanation:As per the regulation, a venture capital fund is defined as a fund that has a dedicated pool of capital, raised in a manner specified in the regulation, and invests in venture undertakings in accordance with the regulations.

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Q. What is the definition of a venture capital fund?

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