A holding company is one which controls one or more other companies by means of______________.
A
Holding majority shares
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B
Controlling the composition of Board of Directors
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C
Controlling a holding company with subsidiaries
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D
Either (A) or (B) or (C)
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Solution
The correct option is D Either (A) or (B) or (C) A holding company refers to a company that controls one or more companies either by holding majority of share of that company or by controlling the composition of Board of Directors. The company can even control a holding company with subsidiaries shares.