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Entrepreneurship · 2026 · 5 marks

CBSE 2026 · Central · Set 4 · Q34

(a) Define ‘Capital Market’. Explain, by giving any three points, why capital markets are the most important source of raising finance for…

(a)
Define ‘Capital Market’. Explain, by giving any three points, why capital markets are the most important source of raising finance for entrepreneurs. Also give the meaning of ‘Financial Intermediation’.
OR
(b)
Give the meaning of ‘Venture Capital’. Explain how entrepreneurs can seek venture capital at ‘Early-stage financing’ and ‘Last-stage financing’.

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