Question

What is the definition of a venture capital undertaking?

a.

Any company listed on a recognized stock exchange in India

b.

Any domestic company engaged in the production of articles

c.

Any foreign company providing services in India

d.

Any domestic company not listed on a recognized stock exchange in India, engaged in specific business activities

Answer: (d).Any domestic company not listed on a recognized stock exchange in India, engaged in specific business activities Explanation:A venture capital undertaking means a domestic company whose shares are not listed on a recognized stock exchange in India and which is engaged in business for providing services, production, or manufacture of articles, excluding activities or sectors specified in the negative list by SEBI with the approval of the Central Government.

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

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