A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity?
Options
A. Chit Funds
B. Shell companies
C. Nidhi Companies
D. Indigenous Bankers
Correct Answer
Shell companies
Explanation
A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity is known as shell companies.