Select the option that can be used as a one-word substitute for the given group of words.
A corporation made up of a number of different companies that operate in diversified fields
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. Conglomerate.
The word 'Conglomerate' means 'a very large company consisting of several smaller companies or divisions that supply varied products or services'.
For example: The way forward was to liberalise the markets dominated by the big conglomerates.
Hence, the correct answer is Option 2 i.e. Conglomerate.