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ExamsIBPS POGeneral Awareness

Who is an angel investor as described in the passage?

  1. A government auditor
  2. A bank loan officer
  3. An individual who provides capital for a business start-up
  4. A stockbroker

Correct answer: An individual who provides capital for a business start-up

Solution

An angel investor is a person who invests their own money in an early-stage business or startup. They usually provide capital in exchange for ownership equity or convertible debt. This is different from a bank officer, auditor, or stockbroker.

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