New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    In the following question a sentence is given

    with a blank. Choose the most appropriate option to make the sentence contextually and grammatically correct. It held that a committee of creditors that might include banks and financial institutions (FIs) cannot secure its own dues ______________statutory dues owed to any government authority.
    A at the expense of Correct Answer Incorrect Answer
    B at the cost of Correct Answer Incorrect Answer
    C in place of Correct Answer Incorrect Answer
    D at the benefit of Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: The phrase "at the cost of" means sacrificing one thing for the benefit of another. In this context, it suggests that the committee of creditors cannot prioritize its own dues over the statutory dues owed to any government authority. This phrase is commonly used in legal and financial contexts to indicate a trade-off or conflict of interests.

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