EPFO APFC 2023 • General Studies • Q.119

Q.118 Q.120

Q.118 Q.120

EPFO APFC • General Studies • 2023 • Q.119

Indian EconomyEasy

119. Which of the following statements about a 'unicorn' is/are correct?

In the venture capital industry, the term 'unicorn' refers to any startup that reaches the valuation of $10 billion.

Only a privately held startup can be a unicorn.

Select the correct answer using the code given below.

2023 EPFO APFC • General Studies

Q.118 Q.120

Syllabus Connection

Global Economics & Future Trends: Balance of Payments (BoP), foreign exchange rate, LPG reforms 1991, international economic institutions (IMF, World Bank, WTO), foreign investment (FDI, FII), disinvestment & privatization, Make in India, Atmanirbhar Bharat, financial inclusion, digital economy, gig economy, startup ecosystem, green economy. (APFC)

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