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Direction: In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.
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 a low cost with effective results. For example, M banking services that use ___(D)___ such as SMS can be carried at a cost of less than one US cent per message.
Q. Which of the following option most appropriately fits the blank labelled (D)?
  • a)
    Channels
  • b)
    Process
  • c)
    Waves
  • d)
    Deliveries
  • e)
    Connection
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Direction: In the following passage, some words have been deleted. Fi...
"Channels" fits the blank labelled (D) appropriately. The correct sentence is
Mobile banking services that use channels such as SMS can be carried at a cost of less than one US cent per message.
Hence, the correct option is (A).
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Community Answer
Direction: In the following passage, some words have been deleted. Fi...
Understanding the Context
The passage discusses mobile banking (M banking) and its functionalities. The specific blank (D) refers to the technologies that facilitate M banking services at a low cost.
Analyzing the Options
- a) Channels: This term refers to the various means through which services can be delivered. In the context of M banking, channels such as SMS, mobile apps, and web interfaces can be utilized to execute financial transactions. It fits well as it implies the different avenues for interaction.
- b) Process: While this term relates to the methods used in M banking, it does not specifically denote the means of communication or interaction, making it less suitable.
- c) Waves: This is vague in the context of mobile banking. It does not effectively represent any technological means relevant to M banking.
- d) Deliveries: This term pertains to the act of delivering something but does not capture the essence of mobile communication methods.
- e) Connection: Though it implies linking two entities, it does not directly refer to the technology or means used for executing transactions.
Conclusion
Given the context, the most appropriate option for blank (D) is a) Channels. This term encapsulates the various communication methods, like SMS, through which M banking services operate effectively and economically. It aligns with the idea of utilizing mobile networks for delivering financial services, thereby confirming its suitability in the passage.
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Direction: In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.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 a low cost with effective results. For example, M banking services that use ___(D)___ such as SMS can be carried at a cost of less than one US cent per message.Q. Which of the following option most appropriately fits the blank labelled (D)?a)Channelsb)Processc)Wavesd)Deliveriese)ConnectionCorrect answer is option 'A'. Can you explain this answer?
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Direction: In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.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 a low cost with effective results. For example, M banking services that use ___(D)___ such as SMS can be carried at a cost of less than one US cent per message.Q. Which of the following option most appropriately fits the blank labelled (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 Direction: In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.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 a low cost with effective results. For example, M banking services that use ___(D)___ such as SMS can be carried at a cost of less than one US cent per message.Q. Which of the following option most appropriately fits the blank labelled (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 Direction: In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.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 a low cost with effective results. For example, M banking services that use ___(D)___ such as SMS can be carried at a cost of less than one US cent per message.Q. Which of the following option most appropriately fits the blank labelled (D)?a)Channelsb)Processc)Wavesd)Deliveriese)ConnectionCorrect answer is option 'A'. Can you explain this answer?.
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