Question : Select the most appropriate meaning of the underlined phrase.

Though very rich, Alexander always saves for a rainy day.

Option 1: Saves money for later

Option 2: Lives like a miser

Option 3: Spends too much

Option 4: Accumulates less wealth


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: Saves money for later


Solution : The correct choice is the first option.

Explanation : The phrase "saves for a rainy day" is an idiom that means to set aside money for unforeseen future expenses or emergencies. It's a prudent financial practice.

The correct sentence is: "Though very rich, Alexander always saves money for a rainy day. "

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