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Question : Select the most appropriate ANTONYM of the underlined word.

The manager decided to resign from his post as the bank was declared to be insolvent.

Option 1: Independent

Option 2: Commercial

Option 3: Affluent

Option 4: Bankrupt


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Affluent


Solution : The correct choice is the third option.

Explanation:

The word insolvent describes a situation where an individual or organisation is unable to meet financial obligations and is, in essence, bankrupt. To find the antonym, we look for a word that indicates financial prosperity or wealth. Affluent fits this criterion, as it means having an abundant supply of money or being wealthy.

The meanings of the other options are as follows:

  • Independent : It refers to self-sufficiency or autonomy.
  • Commercial : It typically relates to business activities.
  • Bankrupt : It describes a financial state of being unable to pay debts. It is not an antonym but a term with a similar meaning.
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