WBCS.LIVE practice question

Fill in the blank with the correct word. The man ______ heavy losses in his investments.

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. raised
  2. reaped
  3. earned
  4. incurred

Correct answer and explanation

Correct answer: incurred

Explanation: āœ… Correct Answer: D) incurred šŸ“š Explanation: The verb 'incurred' is a specific financial term that means to bring something undesirable or negative upon oneself, such as a debt, penalty, or financial loss, as a result of an action. It is the most accurate word to describe a businessman facing a negative return on his stock market investments. Other choices like 'earned' or 'raised' imply positive gain or collection and cannot be applied to monetary losses.