Question

Given below are two statements :
Statement I : Venture capital firms are usually organized as limited partnerships.
Statement II : Venture capitalist is a money manager who is involved in making risk investments from equity capital with the objective of gaining better returns.
In the light of the above statements, choose the most appropriate answer from the options given below

• A. Both Statement I and Statement II are correct
• B. Both Statement I and Statement II are incorrect
• C. Statement I is correct but Statement II is incorrect
• D. Statement I is incorrect but Statement II is correct

Answer 1

The Correct Option is A

The correct option is(A): Both Statement I and Statement II are correct