Select the most appropriate option to fill in the blank.
If you don’t have a lump sum to ______ in a fixed deposit, you can surely opt for a long-term recurring deposit.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. invest
Context:
The sentence talks about putting money in a fixed deposit or a recurring deposit. The correct word should mean to put money somewhere to earn interest.
Meaning of the words:
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Gather – to collect or bring together
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Publish – to make something public, like a book or news
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Draw – to take out or pull something
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Invest – to put money into something to earn profit or interest
Correct word:
-
invest
Reason:
You invest money in a fixed deposit or recurring deposit to earn interest. Other options like gather, publish, or draw do not make sense in this financial context.
Final Sentence:
If you don’t have a lump sum to invest in a fixed deposit, you can surely opt for a long-term recurring deposit.
Hence, the chosen option will be correct