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Question

For a company to be subsidiary the other company should hold _____% of its shares.

A

more than 50

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B

more than 40

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C

more than 30

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D

more than 20

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Solution

The correct option is A more than 50
For a company to be subsidiary the other company should hold 50% of its shares. Subsidiary company is also known as the nominee of the holding company.

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