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Name the Indian regulatory body, whose subsidiary Nabventures launched ‘NABVENTURES Fund I’ to provide support for agriculture, food and rural start-ups with capital investment of Rs 700-crore.
  • a)
    National Bank for Agriculture and Rural Development(NABARD)
  • b)
    Reserve Bank of India(RBI)
  • c)
    Securities and Exchange Board of India(SEBI)
  • d)
    Insurance Regulatory and Development Authority(IRDAI)
  • e)
    None of these
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Name the Indian regulatory body, whose subsidiary Nabventures launched...
A subsidiary of NABARD (The National Bank for Agriculture and Rural Development), Nabventures notified its first time funding termed ‘NABVENTURES Fund I‘ which is a Rs 700-crore venture capital fund for equity investments to provide support for agriculture, food and rural start-ups (which would help improve rural livelihoods). The fund has a proposed corpus of Rs 500 crore, has a greenshoe option of Rs 200 crore and has received an anchor commitment from NABARD.The aforementioned fund is registered with SEBI as a Category II Alternative Investment Fund and would raise the resources from domestic and global investors.
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Name the Indian regulatory body, whose subsidiary Nabventures launched ‘NABVENTURES Fund I’ to provide support for agriculture, food and rural start-ups with capital investment of Rs 700-crore.a)National Bank for Agriculture and Rural Development(NABARD)b)Reserve Bank of India(RBI)c)Securities and Exchange Board of India(SEBI)d)Insurance Regulatory and Development Authority(IRDAI)e)None of theseCorrect answer is option 'A'. Can you explain this answer?
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Name the Indian regulatory body, whose subsidiary Nabventures launched ‘NABVENTURES Fund I’ to provide support for agriculture, food and rural start-ups with capital investment of Rs 700-crore.a)National Bank for Agriculture and Rural Development(NABARD)b)Reserve Bank of India(RBI)c)Securities and Exchange Board of India(SEBI)d)Insurance Regulatory and Development Authority(IRDAI)e)None of theseCorrect answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Name the Indian regulatory body, whose subsidiary Nabventures launched ‘NABVENTURES Fund I’ to provide support for agriculture, food and rural start-ups with capital investment of Rs 700-crore.a)National Bank for Agriculture and Rural Development(NABARD)b)Reserve Bank of India(RBI)c)Securities and Exchange Board of India(SEBI)d)Insurance Regulatory and Development Authority(IRDAI)e)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Name the Indian regulatory body, whose subsidiary Nabventures launched ‘NABVENTURES Fund I’ to provide support for agriculture, food and rural start-ups with capital investment of Rs 700-crore.a)National Bank for Agriculture and Rural Development(NABARD)b)Reserve Bank of India(RBI)c)Securities and Exchange Board of India(SEBI)d)Insurance Regulatory and Development Authority(IRDAI)e)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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