Current Affairs Exam  >  Current Affairs Questions  >  With reference to the North East Venture Fund... Start Learning for Free
With reference to the North East Venture Fund (NEVF), consider the following statements:
1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.
2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.
Which of the statements given above is/are correct?        
  • a)
    1 only        
  • b)
    2 only        
  • c)
    Both 1 and 2        
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
With reference to the North East Venture Fund (NEVF), consider the fol...
The North East Venture Fund (NEVF) is gaining popularity among Start-Ups and young entrepreneurs.
  • The NDA government introduced it. The Ministry of Development of North Eastern Region (DoNER) had joined with North Eastern Development Finance Corporation Ltd (NEDFi) to set up the North East Venture Fund.
  • It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 100 crores.
  • The fund targets to invest in Start-Ups and unique business opportunities to provide resources for new entrepreneurships.
  • The main focus of NEVF is for mostly the enterprises involved in Food Processing, Healthcare, Tourism, segregation of services, IT, etc.
  • The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.
View all questions of this test
Explore Courses for Current Affairs exam

Similar Current Affairs Doubts

Top Courses for Current Affairs

With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
Question Description
With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. 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 With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. 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 With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
Solutions for With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs. Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.
Here you can find the meaning of With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?, a detailed solution for With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice With reference to the North East Venture Fund (NEVF), consider the following statements:1. It the first and the only Venture Fund for Northeast with an initial corpus of Rs. 1000 crores.2. The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.Which of the statements given above is/are correct? a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Current Affairs tests.
Explore Courses for Current Affairs exam

Top Courses for Current Affairs

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev