From the words lettered A to D below each of the following sentences, choose the word or group of words that is nearest in meaning to the underlined word or...
Question 1 Report
From the words lettered A to D below each of the following sentences, choose the word or group of words that is nearest in meaning to the underlined word or phrase as it is used in the sentence.
The bank that started operations last year is now insolvent.
The bank that started operations last year is now insolvent.
Answer Details
The sentence talks about a bank that started operations last year but is now insolvent. The word "insolvent" means that the bank is not able to pay its debts and is in financial distress. Therefore, the word that is nearest in meaning to "insolvent" is "bankrupt," which means that the bank is unable to pay its debts and has gone out of business. Hence, option C, "bankrupt," is the correct answer.
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