Choose the most appropriate meaning of the underlined phrase.
Ram could not go to Delhi for vacation since he was banking on his arrears of pay which he did not get in time
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Relying on.
"Banking on" in this context means relying on or depending on something to happen.
Ram's plans for vacation were dependent on receiving his arrears of pay, which unfortunately did not occur in time.