Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

Mahima started a venture where she could provide food from various restaurants to passengers travelling by train. She created an app for the same. She was guided all throughout by her friend & mentor Shalini, who was a successful entrepreneur herself. Shalini had a corpus of funds which she decided to transfer to Mahima for her venture. Mahima preferred to gave Shalini a return on her investment. Identify the source of financing for Mahima.

Options:

Venture Capital

Angel Investor

Loan

Charity

Correct Answer:

Angel Investor

Explanation:

The correct answer is option (2) - Angel Investor