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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.
(D)
  • a)
    channels
  • b)
    process
  • c)
    waves
  • d)
    deliveries
  • e)
    connection
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Directions for Questions: In the following passage there are blanks, ...
Channels' is the only word that fits in grammatically & contextually.
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Directions for Questions: In the following passage there are blanks, ...
Understanding the Context
Mobile banking (M banking) enables users to conduct financial transactions via mobile devices. The passage discusses various aspects of M banking, including its cost-effectiveness and technological infrastructure.
Analyzing the Options
The blank (D) refers to the means through which M banking services are delivered. Let's analyze the provided options:
- a) channels: This term refers to the mediums or pathways through which information and services are transmitted. In the context of M banking, it is appropriate as it indicates how services like SMS are utilized for transactions.
- b) process: This word refers to a series of actions or steps taken to achieve a particular end. It is too broad and does not specifically relate to the delivery of services.
- c) waves: This term usually relates to radio waves or frequencies used in communication, but it does not fit well with the context of M banking services.
- d) deliveries: While it refers to the act of delivering something, it does not capture the essence of how M banking services are transmitted or communicated.
- e) connection: This word refers to the state of being connected, which is relevant but does not specifically denote the medium through which services are provided.
Conclusion
Given the context and the requirement to describe the means through which SMS-based M banking services are provided, "channels" (option a) is the most appropriate choice. It clearly signifies the delivery medium, aligning perfectly with the overall theme of the passage.
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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.(D)a)channelsb)processc)wavesd)deliveriese)connectionCorrect answer is option 'A'. 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.(D)a)channelsb)processc)wavesd)deliveriese)connectionCorrect answer is option 'A'. 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.(D)a)channelsb)processc)wavesd)deliveriese)connectionCorrect answer is option 'A'. 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.(D)a)channelsb)processc)wavesd)deliveriese)connectionCorrect answer is option 'A'. 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.(D)a)channelsb)processc)wavesd)deliveriese)connectionCorrect answer is option 'A'. 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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