2022 · Q103
What is 'Unicorn Company' often mentioned in Indian news?
General KnowledgeCurrent Affairs
- AAny privately held startup company with a value of over $ 1 billion
- BAny public sector company to be merged with another public sector company
- CPrivatisation of any loss-making State-owned company
- DAny foreign multinational company doing business in India in collaboration with an Indian company
Explanation
A ‘unicorn’ is a privately held startup valued at over $1 billion. India crossed 100 unicorns in 2022.