Directions: The following questions have some 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
Asking healthy banks to take over weak banks ________ to be the strategy to handle the bad loans crisis. On Monday the Union government ________ the merger of three public sector banks - Bank of Baroda, Dena Bank and Vijaya Bank - to create an amalgamated entity that will become the country’s third largest lender. The merger is part of the government’s efforts to ________ the banking industry with an eye on overcoming the bad loan crisis.
Applies, Propositioned, Constant
Incorrect AnswerAppears, Proposed, Consolidate
Correct AnswerParts, Prepared, Consoled
Incorrect AnswerPricked, Pretext, Continued
Incorrect AnswerNone of the above
Incorrect AnswerExplanation:
According to the given context, it is clear that the government wants to merge the weak banks with the strong banks so that the bad loan crisis can be taken care of in the country by way of consolidation of the banking sector in the country.
Among the given options, Option A is incorrect since the first word itself does not fit in the give3n context whereas the Option C is also incorrect since the first word itself is invalid in the given blank. Option D is also irrelevant since all the words are irrelevant in the given context of the passage and also for all the three blanks. Only Option B can be taken as the correct one since the given words fit perfectly in their respective blanks. The government wants to merge the banks and that appears to be the strategy of the government to tackle the bad loan crisis whereas it has also proposed the merger of three banks in the country. This is an attempt at consolidation of the banking sector of the country in the future so that stressed assets can be managed in an effective manner.
It makes option B the correct choice among the given options.
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By: Brijesh Kumar