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UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Business Modules and concepts in India

  • question_answer
          Consider the following statements
    (i) A subsidiary Company is one in which a parent company holds more than 50% of its shares.
    (ii) Associate company is one where another company holds at least 20% of its shares
    Which of the following statement is/are correct?

    A) Only I

    B) Only II

    C) Both I and II

    D) None of the Above

    Correct Answer: C

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