Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

Kavish was working as the production manager in an American company which was producing high end kitchen equipments. He resigned from his job and returned to his hometown, Gwalior. In Gwalior, he met his old friend Dhairya, who had been managing his factory producing steel utensils with old technology. Kavish encouraged Dhairya for production of high end kitchen equipments. He also promised to help Dhairya by providing funds and expertise so that Dhairya can develop his production unit into a big production house. Kavish is _____.

Options:

Angel investor

Venture capitalist

Shareholder

Investor

Correct Answer:

Angel investor

Explanation:

The correct answer is option (1) - Angel investor