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Directions for Questions: In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words/ phrases are suggested, one of which fits the blank appropriately. Find out the appropriate word/phrase in each case.
Mobile banking (M banking) involves the use of a mobile phone or any other mobile device to (A) financial transactions linked to a client's account. M banking is new in most countries and most mobile payments models even in developed countries today operate on a (B) scale. A mobile network offers a (C) available technology platform onto which other services can be provided at low cost with effective results. For example, M banking services which use (D) such as SMS can be carried at a cost of less than one US cent per message.
(B)
  • a)
    full
  • b)
    voluminous
  • c)
    substantial
  • d)
    limited
  • e)
    rapid
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Directions for Questions: In the following passage there are blanks, ...
Limited is suitable word as the usage of M banking even in developed countries is also small in size.
Limited means 'restricted in size, amount, or extent; few, small, or short' Option 4
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Most Upvoted Answer
Directions for Questions: In the following passage there are blanks, ...
Explanation:

Mobile banking (M banking) involves the use of a mobile phone or any other mobile device to (A) financial transactions linked to a client's account. M banking is new in most countries and most mobile payments models even in developed countries today operate on a (B) scale. A mobile network offers a (C) available technology platform onto which other services can be provided at low cost with effective results. For example, M banking services which use (D) such as SMS can be carried at a cost of less than one US cent per message.

Word/phrase explanation:

(A) The word "conduct" can be used here as it means to carry on or manage. In the context of the sentence, it means using a mobile device to carry out financial transactions.

(B) The word "limited" is the correct option here as it fits the context of the sentence. The sentence is talking about mobile payments models operating on a small or restricted scale, especially in most countries where mobile banking is new.

(C) The word "available" is the appropriate option here as it means accessible or obtainable. The sentence is referring to a mobile network providing a technology platform that is easily accessible for other services to be provided.

(D) The word "technology" is the correct option here as it fits the context of the sentence. The sentence is talking about M banking services that use technology such as SMS, which can be carried at a low cost per message.

Summary:

The appropriate words/phrases for the blanks are:

(A) conduct

(B) limited

(C) available

(D) technology
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Directions for Questions: In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words/ phrases are suggested, one of which fits the blank appropriately. Find out the appropriate word/phrase in each case.Mobile banking (M banking) involves the use of a mobile phone or any other mobile device to (A) financial transactions linked to a client's account. M banking is new in most countries and most mobile payments models even in developed countries today operate on a (B) scale. A mobile network offers a (C) available technology platform onto which other services can be provided at low cost with effective results. For example, M banking services which use (D) such as SMS can be carried at a cost of less than one US cent per message.(B)a)fullb)voluminousc)substantiald)limitede)rapidCorrect answer is option 'D'. Can you explain this answer?
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Directions for Questions: In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words/ phrases are suggested, one of which fits the blank appropriately. Find out the appropriate word/phrase in each case.Mobile banking (M banking) involves the use of a mobile phone or any other mobile device to (A) financial transactions linked to a client's account. M banking is new in most countries and most mobile payments models even in developed countries today operate on a (B) scale. A mobile network offers a (C) available technology platform onto which other services can be provided at low cost with effective results. For example, M banking services which use (D) such as SMS can be carried at a cost of less than one US cent per message.(B)a)fullb)voluminousc)substantiald)limitede)rapidCorrect answer is option 'D'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions for Questions: In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words/ phrases are suggested, one of which fits the blank appropriately. Find out the appropriate word/phrase in each case.Mobile banking (M banking) involves the use of a mobile phone or any other mobile device to (A) financial transactions linked to a client's account. M banking is new in most countries and most mobile payments models even in developed countries today operate on a (B) scale. A mobile network offers a (C) available technology platform onto which other services can be provided at low cost with effective results. For example, M banking services which use (D) such as SMS can be carried at a cost of less than one US cent per message.(B)a)fullb)voluminousc)substantiald)limitede)rapidCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions for Questions: In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words/ phrases are suggested, one of which fits the blank appropriately. Find out the appropriate word/phrase in each case.Mobile banking (M banking) involves the use of a mobile phone or any other mobile device to (A) financial transactions linked to a client's account. M banking is new in most countries and most mobile payments models even in developed countries today operate on a (B) scale. A mobile network offers a (C) available technology platform onto which other services can be provided at low cost with effective results. For example, M banking services which use (D) such as SMS can be carried at a cost of less than one US cent per message.(B)a)fullb)voluminousc)substantiald)limitede)rapidCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Directions for Questions: In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words/ phrases are suggested, one of which fits the blank appropriately. Find out the appropriate word/phrase in each case.Mobile banking (M banking) involves the use of a mobile phone or any other mobile device to (A) financial transactions linked to a client's account. M banking is new in most countries and most mobile payments models even in developed countries today operate on a (B) scale. A mobile network offers a (C) available technology platform onto which other services can be provided at low cost with effective results. For example, M banking services which use (D) such as SMS can be carried at a cost of less than one US cent per message.(B)a)fullb)voluminousc)substantiald)limitede)rapidCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
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