Read the statements (A) and (B) and choose the appropriate option: Statement (A): Joint sector industries are owned and operated by the state and individuals or a group of individuals. Statement (B): Amul is an example of a joint sector industry.

Consider the following statements regarding Quaternary Activities: 1. These activities involve the collection, production, and dissemination of information. 2. They are tied to resources, affected by the environment, or necessarily localized by the market. 3. These activities center on research and development. 4. Like some tertiary functions, quaternary activities cannot be outsourced. Select the correct answer using the codes given below:

Where are the world's major commercial fishing grounds predominantly located?