New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    In the following sentences, there are two blanks. Find out the appropriate words for filling up the blanks:

    In light of the recent economic downturn, it is essential for the institution to _____ its strategies and _____ its operations to remain competitive.

    A diversify, consolidate Correct Answer Incorrect Answer
    B reassess, streamline Correct Answer Incorrect Answer
    C implement, complicate Correct Answer Incorrect Answer
    D abandon, extend Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The most appropriate words are "reassess" and "streamline." In the context of an economic downturn, it is important for an institution to evaluate (reassess) its strategies and make its operations more efficient (streamline) to remain competitive. Other options do not fit the context appropriately.

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