Question

    1) purchase             2)

    gain                 3) acquisition            4) obtainment      5) seizing Directions (101-110): In the following passage, some of the words have been left out, each of which is indicated by a number. Find the suitable word from the options given against each number and fill up the blanks with appropriate words to make the paragraph meaningfully complete.  Edelweiss Wealth Management has announced the   __(101)__  of Religare’s securities business, which includes the __(102)__ brokerage’s securities and commodities broking as also the depository participant services. Edelweiss will also take on the __(103)__ distribution of about 1,250 points of presence including more than 90 branches, more than 1 million clients and the employees of the business, said a stock exchange statement __(104)__ by Edelweiss. This is not the first acquisition by the wealth management __ (105) __ as Edelweiss had acquired  Rooshnil  Securities in 2001 and Anagram Capital in the year 2010. The__(106)__  macro-economic environment, supported by the growing __(107)__ of savings and rising affluence, has favourably __ (108)___  the  wealth management business that has seen over 70% growth over the last __(109)___. The complementary nature of Religare’s  business  to the wealth management platform made for an attractive choice, as it___(110)___  the offering and supports the growth plans.
    A 1 Correct Answer Incorrect Answer
    B 2 Correct Answer Incorrect Answer
    C 3 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E 5 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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