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
Correct answer and explanation
Correct answer: incurred
Explanation: ā Correct Answer: D) incurred 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.