Directions: The following question has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank that best fits in the context of the sentence.In this age of technology, banks have ___________ on a slew of innovative strategies to ___________ the general public.a)carried, attractb)followed, lurec)start, drawd)embarked, wooe)commenced, intrigueCorrect answer is option 'D'. Can you explain this answer?

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Directions: The following question has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank that best fits in the context of the sentence.

In this age of technology, banks have ___________ on a slew of innovative strategies to ___________ the general public.

a)
carried, attract
b)
followed, lure
c)
start, draw
d)
embarked, woo
e)
commenced, intrigue

Correct answer is option 'D'. Can you explain this answer?

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Directions: The following question has two blanks, each blank indicati...

Out of the given choices for the first blank either of the two choices - "embarked" and "commenced" the former fits the blank more appropriately as the verb embark is followed by the preposition 'on'. Ex. Religion, for example, seems altogether too vast a theme for him to embark on, and he usually prefers to deal with some single element or aspect.

Option D is hence the correct answer.

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Directions: The following question has two blanks, each blank indicati...

Explanation:

Context:
The sentence talks about how banks have used innovative strategies in this age of technology to attract the general public.

Meaning of the sentence:
In this age of technology, banks have implemented a variety of innovative strategies to attract the general public.

Understanding the sentence:
The sentence implies that banks have taken certain actions or steps (strategies) to achieve the goal of attracting the general public. The first blank requires a verb that conveys the idea of taking action or implementing a plan, while the second blank requires a verb that represents the act of appealing or attracting.

Options analysis:
a) carried, attract: While "carried" indicates action, it does not fit well with the context of implementing strategies. "Attract" is a suitable verb for the second blank, but the first blank requires a more appropriate verb.
b) followed, lure: "Followed" suggests that banks have imitated someone else's strategies, which is not mentioned in the context. "Lure" is a suitable verb for the second blank, but the first blank requires a more appropriate verb.
c) start, draw: "Start" is a suitable verb for the first blank, indicating the beginning of implementing strategies. "Draw" is a suitable verb for the second blank, indicating the act of attracting. However, there is a more suitable option available.
d) embarked, woo: "Embarked" is a suitable verb for the first blank, indicating the act of starting or undertaking a new venture. "Woo" is a suitable verb for the second blank, indicating the act of attracting or enticing. This option fits well with the context.
e) commenced, intrigue: "Commenced" is a suitable verb for the first blank, indicating the act of starting or undertaking. "Intrigue" is a verb that means to arouse curiosity or interest, but it does not convey the idea of attracting the general public.

Conclusion:
Among the given options, option 'D' (embarked, woo) provides the most suitable verbs for both blanks, accurately representing the actions of the banks in implementing innovative strategies to attract the general public.

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Directions: The passage given below is followed by a set of questions. Read the passage carefully to answer the questions that follow:The internationalisation of business transactions, which forces changes in product lines and process, has enabled a handful of advanced nations to dominate and control technology. This has put developing nations like India at a disadvantage, because it is difficult for a developing nation to shorten product cycles, matching the developed nations. In the near absence of a level-playing field, it is important for India to look for new avenues in technology.The scarcity of capital has led to a weak R&D base, making technological self-sufficiency a distant dream for the country. The gap between what the country spends on R&D and what needs to be spent, to develop optimum technological capability, is wide. The USA spends annually about $150 billion on R&D followed by about $100 billion by Japan. The amount made available in India for S&T efforts is a nominal $1 billion. India's R&D spending is less than one percent of sales against 3 to 4 percent in OECD countries. Besides, nearly 90 percent of patents currently in force in India are meant to protect foreign patent-holders regarding technology innovations.To top it, Indian industry has been reluctant in developing technology-intensive production lines. There has been a general hesitance to either invest in indigenous R&D or go in for technology imports. What is interesting is that despite the technological backwardness, our expenditure on indigenous R&D has exceeded that of technology imports. In fact, royalty payments and technical fees as a percentage of sales- a proxy for technology imports - by large industrial houses is below 0.5 percent compared to R&D to sales ratio of about one percent.Perhaps, the need to resolve the immediate problems of production is better served by local R&D rather than imported technology. The large domestic market and inadequate investable resources is made to justify near autarky in technology acquisition.Of late, Indian industry, spurred by the liberalisation process, is taking a decisive turn to scale the technology barrier. It is, however, feared that the Indian entrepreneurs’ bid to integrate their production pattern with the world system might be met by technological production by western industries.The transnational corporations would ideally prefer the diffusion of technology embodied in exportable products then technology transfer. But, with the development of a strong manufacturing base in India, it is no longer possible for the transnationals to technologically monopolise all the production lines in the manufacturing industry. Hence, the multinationals from the industrial countries have changed their attitude towards sharing their technology with India. There has been discernible shift towards supply of know-how through foreign direct investment and licences in both low and medium R&D intensive areas.Enquiries from recipient firms in India have revealed that foreign firms are amenable to supplying know-how in manufacturing and capital goods industry. In fact, many engineering units have obtained the best possible technology in their area of operation. Similarly, a number of automobiles and chemicals units are reported to have obtained the latest technology, which has enabled them to become market leaders in their fields.Assimilation of technology, supplied by foreign companies to Indian firms, has brought discernible improvements in product quality, besides leading to energy conservation, capacity increase and pollution control. In such cases, the efficacy of technology transfer depends upon the relationship of the buyer with the supplier, which ultimately decides the success of the deal.In order to facilitate technology orientation, the government has taken some initiatives. Nevertheless, the efficient science-industry linkage, considered to be imperative for technology progress, has not yet materialised.Besides, our technology programme has yet to take stock of the present scenario, whereby internationalisation of business transactions has become a new reality. Our policies have failed to counter the threat posed by the globalisation process which, by moving towards the inter-dependence of nations, would result in the dependence of developing countries on the advanced nations.Our policy makers have chosen to ignore the glaring reality that it is the synergy between the industrial, financial and trade policies in identified areas of national priorities which could help work the technology miracle. Though the government encourages foreign investment in hi-tech areas, there has been no attempt to match technology with the scale of production. The country does not even have a credible policy for taking advantage of the advanced foreign sector, whose dominant presence is sought by the policy maker. The result: an increase in foreign investment and technology transfer and a refurbished manufacturing base but such that it would hardly enable us to break away from the dependency syndrome experienced vis-a-vis transnationals. In this connection, it may be noted that Japan carefully screened all technology contracts so that investment took place on favourable terms and placed severe restriction on foreign capital which was perceived to be detrimental to its interests.We have the capability to move from our present position of peripheral dependence to that of a mainstream player. It needs the will to re-orient our technology imperatives, evaluate its applicability and focus on a few strategic areas in which we have dynamic comparative advantage.There is no gainsaying that the ongoing protectionist tendency has compelled India to resort to import substitution in strategic hitech areas. Nevertheless, our endeavour should be to further strengthen our expertise in the traditional sphere of adaptive technology. But it is most important that apart from the above, we should focus on developing our human resources in which we have a potential comparative advantage.A large reservoir of scientific manpower could be effectively utilised to help India make a dent in the technology market where knowledge-intensive industries enjoy a monopoly status. Our human resources can be optimally deployed to make us world leaders in resource-based industries like information technology, computer software, systems engineering, design and biotechnology.A suitable policy framework, which at the outset, would aim at encouraging foreign investment, to develop our resource endowment areas which will utilise our existing talent and strengthen our comparative advantage in the long run, is necessary. India has the capability to penetrate the technology cartel created by multinationals in mainstream developed nations.Q. Which of the following reveals that foreign firms are willing to supply know-how to the Indian manufacturing and capital goods industry?

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Directions: The following question has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank that best fits in the context of the sentence.In this age of technology, banks have ___________ on a slew of innovative strategies to ___________ the general public.a)carried, attractb)followed, lurec)start, drawd)embarked, wooe)commenced, intrigueCorrect answer is option 'D'. Can you explain this answer?

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Directions: The following question has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank that best fits in the context of the sentence.In this age of technology, banks have ___________ on a slew of innovative strategies to ___________ the general public.a)carried, attractb)followed, lurec)start, drawd)embarked, wooe)commenced, intrigueCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions: The following question has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank that best fits in the context of the sentence.In this age of technology, banks have ___________ on a slew of innovative strategies to ___________ the general public.a)carried, attractb)followed, lurec)start, drawd)embarked, wooe)commenced, intrigueCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: The following question has two blanks, each blank indicating that something has been omitted. Choose the set of words for each blank that best fits in the context of the sentence.In this age of technology, banks have ___________ on a slew of innovative strategies to ___________ the general public.a)carried, attractb)followed, lurec)start, drawd)embarked, wooe)commenced, intrigueCorrect answer is option 'D'. Can you explain this answer?.

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