Discussion Forum : Nabard & Other Bank Examinations
Question -
Venture capital was originated in which of the following countries?
Answer: Option D
THE PUBLIC SUCCESSES OF THE VENTURE CAPITAL INDUSTRY IN THE 1970S AND EARLY 1980S GAVE RISE TO A MAJOR PROLIFERATION OF VENTURE CAPITAL INVESTMENT FIRMS. VENTURE CAPITAL FUND OF AMERICA, THE FIRST PRIVATE EQUITY FIRM FOCUSED ON ACQUIRING SECONDARY MARKET INTERESTS STARTED ITS OPERATION IN 1982.
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THE PUBLIC SUCCESSES OF THE VENTURE CAPITAL INDUSTRY IN THE 1970S AND EARLY 1980S GAVE RISE TO A MAJOR PROLIFERATION OF VENTURE CAPITAL INVESTMENT FIRMS. VENTURE CAPITAL FUND OF AMERICA, THE FIRST PRIVATE EQUITY FIRM FOCUSED ON ACQUIRING SECONDARY MARKET INTERESTS STARTED ITS OPERATION IN 1982.
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