22. Correct. The answer is true.

 

4 senior mining companies out of 7 can be selected in 7C4 ways.

2 junior mining companies out of 6 can be selected in 6C2 ways.

The total number of possible selections is:

 

7C4 * 6C2 = [7!/(4!*3!)] * [6!/(2!*4!)]

 

= [(7*6*5*4*3*2*1)/(4*3*2*1*3*2*1)] * [(6*5*4*3*2*1)/(2*1*4*3*2*1)]

 

= 35 * 15 = 525 different combinations