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What defines a holding company in relation to another company?a)It holds more than 25% of the paid-up capital of the other company.b)It has control over the other company's management and affairs.c)It owns more than 50% of the shares of the other company.d)It is a subsidiary of the other company.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What defines a holding company in relation to another company?a)It holds more than 25% of the paid-up capital of the other company.b)It has control over the other company's management and affairs.c)It owns more than 50% of the shares of the other company.d)It is a subsidiary of the other company.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What defines a holding company in relation to another company?a)It holds more than 25% of the paid-up capital of the other company.b)It has control over the other company's management and affairs.c)It owns more than 50% of the shares of the other company.d)It is a subsidiary of the other company.Correct answer is option 'B'. Can you explain this answer?.

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