Question 146

Which of the following is NOT one of the recommendations of the N.K. Singh Committee on venture capital funds for the entertainment industry ?
A: Set up a Rs. 200 crore corpus as ‘seed-money’ to finance the sector in India
B: The venture capital should be managed professionally through an asset management company
C: A separate film finance corporation should be set up as banks should not be allowed to enter into the area of financing films/serials etc.


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