Question
What is the maximum number of angel investors that are
allowed in an AIF - Angel fund?Solution
An Angel fund” is a sub-category of Venture Capital Fund under AIF - Category I that raises funds from angel investors. An Angel investor is any person who proposes to invest in an angel fund is an individual investor who has net tangible assets of at least two crore rupees excluding value of his principal residence or has early stage investment experience, or has experience as a serial entrepreneur or is a senior management professional with at least ten years of experience. In case of an angel fund, maximum forty-nine angel investors are allowed. Conceptual discussions in live classes on AIFs concepts covering this topic
Choose the correct option showing the meaning of the Idiom highlighted in the given sentence
The new employee is a real go-getter .
...
Contain commonly used idioms and phrases in the English language. In each case, choose the option representing the correct meaning of each of ...
Bad blood
Buying a new car can cost an arm and a leg.
Dry Run
- Select the most appropriate meaning of the bold idiom in the following sentence.
After the merger, the CEO knew he had to face the music for the co... "The progress on the project was made by fits and starts,  which caused delays in its completion."
In the following question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase.
Ne...
Fill in the blank with an appropriate idiom.
The new employee was __________, but he quickly learned the ropes.
In the following question, out ot the four alternatives, choose the alternative which best expresses the meaning of the idiom/Phrase.
Cut shor...