IPMAT 2020 Question Paper IPM Indore Verbal Ability. Solve questions from IPMAT 2020 Question Paper from IPM Indore and check the solutions to get adequate practice. The best way to ace IPMAT is by solving IPMAT Question Paper. To solve other IPMAT Sample papers, go here: IPM Sample Paper
The sentences below have words that are missing. Choose the best option from those given below to complete the sentence.
Question 22 : A collective investment fund (CIF), also known as a collective investment trust (CIT), is a group of ___________ accounts held by a bank or trust company. The financial institution ___________ assets from individuals and organizations to ___________ a single larger, diversified portfolio.
For the first blank, all options except 'different' (option B) fit. For the second blank, we can eliminate option C as 'collected' is in the past tense, while the given lines are in present tense. Option A, too, is not a good fit for blank 2. Option D is the best choice.
Choice D is the correct answer.
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