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    Question

    Directions : Identify the words that are similar in

    meaning to the phrase in bold. If none of options conveys the correct meaning, mark (E) as your answer. The options do not necessarily need to be grammatically correct. They are banking on the new product launch to attract a larger customer base.
    A to be unsure Correct Answer Incorrect Answer
    B to rely on something Correct Answer Incorrect Answer
    C to take risk Correct Answer Incorrect Answer
    D to do something hopelessly Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    the phrase "banking on" means to rely on something or someone. It suggests that the expectation or reliance is placed on the new product launch to attract a larger customer base.

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