UPSC • Prelims • 2026 • Prelims GS Paper I
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Official Provisional Answer Key — 27 May 2026 1 questions
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Question 97
UPSCEconomy2026Prelims GS Paper ISeries A
Subject / विषय: Economy
Which of the following statements about Crowdfunding is/are correct?
1. Crowdfunding is solicitation of funds in 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 loans up to rupees 5 crore of capital without undergoing rigorous procedures through crowdfunding.
Select the answer using the code given below:
Crowdfunding के बारे में निम्नलिखित में से कौन-सा/से कथन सही है/हैं?
1. Crowdfunding किसी विशिष्ट project के लिए web-based platform या social networking site के माध्यम से अनेक investors से छोटी-छोटी राशि में funds जुटाने की प्रक्रिया है।
2. Small and Medium Enterprises crowdfunding के माध्यम से ₹5 करोड़ तक पूँजी/ऋण जुटा सकते हैं, बिना अत्यधिक जटिल प्रक्रियाओं से गुजरे।
Official Provisional Answer Key — 27 May 2026
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Author / EditorGoldej Kumar
Goldej Kumar is the Founder and Editor of Sri Ram Exams (Exam2.in), an independent educational platform for UPSC, State Public Service Commission, SSC and other competitive examinations. His editorial focus is on exam-relevant current affairs, source-based analysis, MCQ reasoning, previous-year-question patterns and clear bilingual learning for English- and Hindi-medium aspirants.