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Directions: In the following question, a sentence is given with a phrase or idiom highlighted in underline. Select the option given that can REPLACE the phrase in underline and mark that as your answer.
The company is putting all of its eggs in one basket by investing heavily in this new technology.
  • a)
    Betting everything on one thing
  • b)
    Spreading the risk
  • c)
    Hedging their bets
  • d)
    Taking a calculated risk
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Directions: In the following question, a sentence is given with a phra...
The idiom "putting all of one’s eggs in one basket" means to risk all one has on the success or failure of one thing. In this sentence, it is used to describe how the company is risking everything by investing heavily in the new technology.  The same idea has been mentioned in option A.
 
Option B, "Spreading the risk" which means ‘to take a carefully considered decision that exposes a person to a degree of personal and financial risk that is counterbalanced by a reasonable possibility of benefit’ cannot replace the phrase "putting all of its eggs in one basket" without changing the meaning of the sentence.
 
'Hedge your bet' means to protect yourself against loss by supporting more than one possible result.
Hence, the correct answer is option A.
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Directions: In the following question, a sentence is given with a phrase or idiom highlighted in underline. Select the option given that can REPLACE the phrase in underline and mark that as your answer.The company is putting all of its eggs in one basket by investing heavily in this new technology.a)Betting everything on one thingb)Spreading the riskc)Hedging their betsd)Taking a calculated riskCorrect answer is option 'A'. Can you explain this answer?
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Directions: In the following question, a sentence is given with a phrase or idiom highlighted in underline. Select the option given that can REPLACE the phrase in underline and mark that as your answer.The company is putting all of its eggs in one basket by investing heavily in this new technology.a)Betting everything on one thingb)Spreading the riskc)Hedging their betsd)Taking a calculated riskCorrect answer is option 'A'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about Directions: In the following question, a sentence is given with a phrase or idiom highlighted in underline. Select the option given that can REPLACE the phrase in underline and mark that as your answer.The company is putting all of its eggs in one basket by investing heavily in this new technology.a)Betting everything on one thingb)Spreading the riskc)Hedging their betsd)Taking a calculated riskCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following question, a sentence is given with a phrase or idiom highlighted in underline. Select the option given that can REPLACE the phrase in underline and mark that as your answer.The company is putting all of its eggs in one basket by investing heavily in this new technology.a)Betting everything on one thingb)Spreading the riskc)Hedging their betsd)Taking a calculated riskCorrect answer is option 'A'. Can you explain this answer?.
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