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Below, a passage is given with five blanks labelled (A)-(E). Below the passage, four options are given for each blank. Choose the word that fits each blank most appropriately in the context of the passage, and mark the corresponding answer.
The CBI today said it had __(A)__ a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for __(B)__ cheating various banks to the tune of Rs. 2,654 crore. The central probe agency also launched searches at the official and residential premises of the company -- Diamond Power Infrastructure Ltd. or DPIL, and its directors in Vadodara in Gujarat.The CBI alleged that DPIL, which __(C)__ electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and Sumit Bhatnagar, who are also the executives of the firm.The loan, it said, was declared a non-performing __(D)__ in 2016-17. It is alleged that DPIL, through its management, (had) fraudulently availed credit facilities from a __(E)__ of 11 banks (both public and private) since 2008, leaving behind an outstanding debit of Rs. 2,654.40 crore as on June 29, 2016, it said.
Q. Which of the following words most appropriately fits the blank labelled (E)?
- a)Commemorative
- b)Consortium
- c)Collection
- d)Unit
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
Below, a passage is given with five blanks labelled (A)-(E). Below the...
The correct word here is 'consortium' which means 'an association, typically of several companies.' And here we are talking about 11 banks here.
commemorative: acting as a memorial of an event or person.
collection: the action or process of collecting someone or something.
unit: an individual thing or person regarded as single and complete but which can also form an individual component of a larger or more complex whole.
commemorative: acting as a memorial of an event or person.
collection: the action or process of collecting someone or something.
unit: an individual thing or person regarded as single and complete but which can also form an individual component of a larger or more complex whole.
Most Upvoted Answer
Below, a passage is given with five blanks labelled (A)-(E). Below the...
Understanding the Context
The passage discusses a legal case involving the CBI against a company accused of cheating banks. The context revolves around financial misconduct and the involvement of multiple banks.
Analyzing the Options for Blank (E)
In the context of the passage, we need a term that describes a group of banks working together. Here are the given options:
- a) Commemorative: This refers to something intended to honor or remember, which is irrelevant in this context.
- b) Consortium: This term refers to an association of several entities, often for a specific purpose, such as banks pooling resources to lend money.
- c) Collection: This is more about gathering items or debts, which does not fit the context of banks lending money.
- d) Unit: While it implies a singular entity, it does not convey the idea of collaboration among banks.
Why "Consortium" is the Correct Choice
- Definition: A consortium in banking typically refers to a group of banks that come together to provide financing for large projects or loans.
- Fit in Context: The sentence discusses credit facilities availed from multiple banks, making "consortium" the most appropriate choice as it indicates that these banks collectively participated in lending to the company.
Conclusion
Thus, the correct answer for blank (E) is b) Consortium, as it accurately describes the collective nature of the banks involved in the alleged fraud.
The passage discusses a legal case involving the CBI against a company accused of cheating banks. The context revolves around financial misconduct and the involvement of multiple banks.
Analyzing the Options for Blank (E)
In the context of the passage, we need a term that describes a group of banks working together. Here are the given options:
- a) Commemorative: This refers to something intended to honor or remember, which is irrelevant in this context.
- b) Consortium: This term refers to an association of several entities, often for a specific purpose, such as banks pooling resources to lend money.
- c) Collection: This is more about gathering items or debts, which does not fit the context of banks lending money.
- d) Unit: While it implies a singular entity, it does not convey the idea of collaboration among banks.
Why "Consortium" is the Correct Choice
- Definition: A consortium in banking typically refers to a group of banks that come together to provide financing for large projects or loans.
- Fit in Context: The sentence discusses credit facilities availed from multiple banks, making "consortium" the most appropriate choice as it indicates that these banks collectively participated in lending to the company.
Conclusion
Thus, the correct answer for blank (E) is b) Consortium, as it accurately describes the collective nature of the banks involved in the alleged fraud.
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Below, a passage is given with five blanks labelled (A)-(E). Below the passage, four options are given for each blank. Choose the word that fits each blank most appropriately in the context of the passage, and mark the corresponding answer.The CBI today said it had __(A)__a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for __(B)__cheating various banks to the tune ofRs.2,654 crore. The central probe agency also launched searches at the official and residential premises of the company -- Diamond Power Infrastructure Ltd. or DPIL, and its directors in Vadodara in Gujarat.The CBI alleged that DPIL, which __(C)__ electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and Sumit Bhatnagar, who are also the executives of the firm.The loan, it said, was declared a non-performing __(D)__ in 2016-17.It is alleged that DPIL, through its management, (had) fraudulently availed credit facilities from a __(E)__ of 11 banks (both public and private) since 2008, leaving behind an outstanding debit ofRs.2,654.40 crore as on June 29, 2016, it said.Q.Which of the following words most appropriately fits the blank labelled (E)?a)Commemorativeb)Consortiumc)Collectiond)UnitCorrect answer is option 'B'. Can you explain this answer?
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Below, a passage is given with five blanks labelled (A)-(E). Below the passage, four options are given for each blank. Choose the word that fits each blank most appropriately in the context of the passage, and mark the corresponding answer.The CBI today said it had __(A)__a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for __(B)__cheating various banks to the tune ofRs.2,654 crore. The central probe agency also launched searches at the official and residential premises of the company -- Diamond Power Infrastructure Ltd. or DPIL, and its directors in Vadodara in Gujarat.The CBI alleged that DPIL, which __(C)__ electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and Sumit Bhatnagar, who are also the executives of the firm.The loan, it said, was declared a non-performing __(D)__ in 2016-17.It is alleged that DPIL, through its management, (had) fraudulently availed credit facilities from a __(E)__ of 11 banks (both public and private) since 2008, leaving behind an outstanding debit ofRs.2,654.40 crore as on June 29, 2016, it said.Q.Which of the following words most appropriately fits the blank labelled (E)?a)Commemorativeb)Consortiumc)Collectiond)UnitCorrect answer is option 'B'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about Below, a passage is given with five blanks labelled (A)-(E). Below the passage, four options are given for each blank. Choose the word that fits each blank most appropriately in the context of the passage, and mark the corresponding answer.The CBI today said it had __(A)__a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for __(B)__cheating various banks to the tune ofRs.2,654 crore. The central probe agency also launched searches at the official and residential premises of the company -- Diamond Power Infrastructure Ltd. or DPIL, and its directors in Vadodara in Gujarat.The CBI alleged that DPIL, which __(C)__ electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and Sumit Bhatnagar, who are also the executives of the firm.The loan, it said, was declared a non-performing __(D)__ in 2016-17.It is alleged that DPIL, through its management, (had) fraudulently availed credit facilities from a __(E)__ of 11 banks (both public and private) since 2008, leaving behind an outstanding debit ofRs.2,654.40 crore as on June 29, 2016, it said.Q.Which of the following words most appropriately fits the blank labelled (E)?a)Commemorativeb)Consortiumc)Collectiond)UnitCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Below, a passage is given with five blanks labelled (A)-(E). Below the passage, four options are given for each blank. Choose the word that fits each blank most appropriately in the context of the passage, and mark the corresponding answer.The CBI today said it had __(A)__a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for __(B)__cheating various banks to the tune ofRs.2,654 crore. The central probe agency also launched searches at the official and residential premises of the company -- Diamond Power Infrastructure Ltd. or DPIL, and its directors in Vadodara in Gujarat.The CBI alleged that DPIL, which __(C)__ electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and Sumit Bhatnagar, who are also the executives of the firm.The loan, it said, was declared a non-performing __(D)__ in 2016-17.It is alleged that DPIL, through its management, (had) fraudulently availed credit facilities from a __(E)__ of 11 banks (both public and private) since 2008, leaving behind an outstanding debit ofRs.2,654.40 crore as on June 29, 2016, it said.Q.Which of the following words most appropriately fits the blank labelled (E)?a)Commemorativeb)Consortiumc)Collectiond)UnitCorrect answer is option 'B'. Can you explain this answer?.
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Below, a passage is given with five blanks labelled (A)-(E). Below the passage, four options are given for each blank. Choose the word that fits each blank most appropriately in the context of the passage, and mark the corresponding answer.The CBI today said it had __(A)__a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for __(B)__cheating various banks to the tune ofRs.2,654 crore. The central probe agency also launched searches at the official and residential premises of the company -- Diamond Power Infrastructure Ltd. or DPIL, and its directors in Vadodara in Gujarat.The CBI alleged that DPIL, which __(C)__ electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and Sumit Bhatnagar, who are also the executives of the firm.The loan, it said, was declared a non-performing __(D)__ in 2016-17.It is alleged that DPIL, through its management, (had) fraudulently availed credit facilities from a __(E)__ of 11 banks (both public and private) since 2008, leaving behind an outstanding debit ofRs.2,654.40 crore as on June 29, 2016, it said.Q.Which of the following words most appropriately fits the blank labelled (E)?a)Commemorativeb)Consortiumc)Collectiond)UnitCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Below, a passage is given with five blanks labelled (A)-(E). Below the passage, four options are given for each blank. Choose the word that fits each blank most appropriately in the context of the passage, and mark the corresponding answer.The CBI today said it had __(A)__a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for __(B)__cheating various banks to the tune ofRs.2,654 crore. The central probe agency also launched searches at the official and residential premises of the company -- Diamond Power Infrastructure Ltd. or DPIL, and its directors in Vadodara in Gujarat.The CBI alleged that DPIL, which __(C)__ electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and Sumit Bhatnagar, who are also the executives of the firm.The loan, it said, was declared a non-performing __(D)__ in 2016-17.It is alleged that DPIL, through its management, (had) fraudulently availed credit facilities from a __(E)__ of 11 banks (both public and private) since 2008, leaving behind an outstanding debit ofRs.2,654.40 crore as on June 29, 2016, it said.Q.Which of the following words most appropriately fits the blank labelled (E)?a)Commemorativeb)Consortiumc)Collectiond)UnitCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Below, a passage is given with five blanks labelled (A)-(E). Below the passage, four options are given for each blank. Choose the word that fits each blank most appropriately in the context of the passage, and mark the corresponding answer.The CBI today said it had __(A)__a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for __(B)__cheating various banks to the tune ofRs.2,654 crore. The central probe agency also launched searches at the official and residential premises of the company -- Diamond Power Infrastructure Ltd. or DPIL, and its directors in Vadodara in Gujarat.The CBI alleged that DPIL, which __(C)__ electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and Sumit Bhatnagar, who are also the executives of the firm.The loan, it said, was declared a non-performing __(D)__ in 2016-17.It is alleged that DPIL, through its management, (had) fraudulently availed credit facilities from a __(E)__ of 11 banks (both public and private) since 2008, leaving behind an outstanding debit ofRs.2,654.40 crore as on June 29, 2016, it said.Q.Which of the following words most appropriately fits the blank labelled (E)?a)Commemorativeb)Consortiumc)Collectiond)UnitCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Below, a passage is given with five blanks labelled (A)-(E). Below the passage, four options are given for each blank. Choose the word that fits each blank most appropriately in the context of the passage, and mark the corresponding answer.The CBI today said it had __(A)__a criminal case against a Vadodara-based company dealing in electric cable and equipment, and its directors for __(B)__cheating various banks to the tune ofRs.2,654 crore. The central probe agency also launched searches at the official and residential premises of the company -- Diamond Power Infrastructure Ltd. or DPIL, and its directors in Vadodara in Gujarat.The CBI alleged that DPIL, which __(C)__ electric cables and equipment, is promoted by S N Bhatnagar and his sons Amit Bhatnagar and Sumit Bhatnagar, who are also the executives of the firm.The loan, it said, was declared a non-performing __(D)__ in 2016-17.It is alleged that DPIL, through its management, (had) fraudulently availed credit facilities from a __(E)__ of 11 banks (both public and private) since 2008, leaving behind an outstanding debit ofRs.2,654.40 crore as on June 29, 2016, it said.Q.Which of the following words most appropriately fits the blank labelled (E)?a)Commemorativeb)Consortiumc)Collectiond)UnitCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice SSC tests.
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