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Multiple Choice Questions

The bank holding company structure by the P J Nayak Committee among others involves the government r...........

General English Fill in the blanks

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.

The bank holding company structure _____________ by the P.J. Nayak Committee, among others, involves _____________ the government’s shareholding to below 52 per cent and routing it through a holding company.

suggested, investing

recommended, divesting

forwarded, controlling

donated, pursuing

discarded, eliminating

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Explanation:

From the given sentence, we can infer that the bank holding company was given by the Nayak Committee along with others. In the context of the sentence, the words that are suitable for the first blank are “suggested”, “recommended” and “forwarded”. Hence options D and E are eliminated.

The clue to the second blank lies in the information that the government’s shareholding must be brought down to “below 52 percent”. The only word that aptly conveys this meaning is “divesting”, i.e., ‘reducing the investment’ in the company. "Investing" or "controlling" does not indicate this meaning and this eliminates options A and C as well.

Option B is hence the correct answer.

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