14,988+ Questions · 21 Subjects · Free to Practice

Crowdfunding: How SMEs Raise Money Without the Red Tape (UPSC CSP 2026, GS Paper I)

1. Which of the following statements about Crowdfunding is/are correct? 1. Crowdfunding is solicitation of funds (small amounts) from multiple investors through a web-based platform or social networking site for a specific project. 2. Small and Medium Enterprises (SMEs) are able to raise funds at lower cost of capital without undergoing rigorous procedures.

 

Beyond the answer

    Leave a Reply

    Discover more from MCQ Questions

    Subscribe now to keep reading and get access to the full archive.

    Continue reading