The Risk Capital and Technology Finance Corporation was sponsored by ________.

IRBI

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SIDBI

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IDBI

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IFCI

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Solution

The correct option is B IFCI
Risk capital and Technology Finance Corporation (RCTFC), a subsidiary of the Industrial Finance Corporation of India, plans to promote new technologies for industrial use in a big way. Under its scheme, newly-developed technologies would be bought over from scientists, who would be given financial assistance to embark on full-scale commercial projects.

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Similar questions

Meera, the finance manager of Platinum Ltd., a firm dealing in a telecommunication equipment chooses a capital structure which was highly geared.

(i) What do you understand by a highly geared capital structure?

(ii) What are the implications of choosing such a structure?

1979

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