Bengal Chemicals FY19 profit jumps 150% to Rs. 25 crore. Almost ……….. as a sick company, the 118-year-old Bengal Chemicals & Pharmaceuticals Ltd. (BCPL) closed FY19 with a total income of Rs.119.7 crore …….. Rs.94.8 crore the previous year . Profit …….. at Rs. 25.3 crore against Rs.10.1 crore in 2017-18. BCPL’s improved operational performance and reduced finance costs enabled it to ……….. better results, P.M. Chandraiah, director, finance, and officiating managing director, said. It …………. Rs.28 crore in bank loans between 2016-17 and 2017-18 and an Rs.18 crore government loan over two years till 2018-19.
It …………. Rupees 28 crore in bank loans between 2016-17
paid out
Incorrect AnswerExplanation:
- The context involves a financial report of Bengal Chemicals for FY19, highlighting its profit increase and financial improvements.
- "Paid off" is the term typically used when referring to settling or clearing a debt or loan completely.
- "Paid" is a general term that can mean any kind of payment but is not specific to settling debts.
- "Paid out" usually refers to distributing or disbursing money, often in the context of dividends or winnings.
- "Paid in" typically means funds are added or deposited into an account.
Correct Answer: Option 2 - paid off
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By: SONAM SHEORAN