A
Government subsidies provided directly to sick industrial units to clear pending employee wages.
B
Emergency liquidity support granted by central banks to commercial lenders during a banking crisis.
C
Short-term venture loans provided exclusively to early-stage micro enterprises with monthly interest obligations.
D
Long-term capital where the investor expects financial returns without demanding quick exit horizons.
Correct answer: (d) Long-term capital where the investor expects financial returns without demanding quick exit horizons.
Explanation
Option D is correct because Patient Capital refers to long-term capital where investors expect financial returns without demanding quick exit horizons. Options A, C, and D misrepresent the concept of patient capital.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.