Answer: Amazon Elastic File System (Amazon EFS)

The correct answer is Amazon Elastic File System (Amazon EFS). Amazon EFS is designed to provide scalable, elastic file storage for use with Amazon EC2. It automatically grows and shrinks as you add and remove files and can be accessed simultaneously from multiple EC2 instances. It also has built-in redundancy across multiple Availability Zones, making it a suitable choice for storing critical company assets with high availability and reliability.

Author: LeetQuiz Editorial Team