New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    Fill in the blanks with appropriate words/phrases from

    the options. According to the ED, a _____________ portion of over ₹800 crore taken in loans from a consortium of banks for the hotel project was ___________ and round-tripped via a web of companies.
    A cease, converted Correct Answer Incorrect Answer
    B portable, distinct Correct Answer Incorrect Answer
    C sizable, diverted Correct Answer Incorrect Answer
    D considerable, convince Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The word ‘sizable’ means ‘large’ and the word ‘diverted’ means ‘to cause something or someone to change direction’. These are the appropriate words.        According to the ED, a sizeable portion of over ₹800 crore taken in loans from a consortium of banks for the hotel project was diverted and round-tripped via a web of companies.

    Practice Next