ibps-so 2018 · Question 236 of 356

Select the word that ts blank (125) most appropriately.

1. Acatalogue
2. Bduplicate
3. Cretain
4. Dmisplace
5. Ediscard Directions (Q126–Q130) : The passage below is taken from a paper read before a seminar on corporate governance upon the o ce of the independent director. In the passage there are ve blanks, each of which has been numbered to correspond with a question. Against each number ve words are suggested, of which one alone ts the blank both grammatically and in sense, in the context of the passage as a whole. The alternatives are close in meaning, and the choice is to be made upon the sense the passage requires. Find out the appropriate word in each case. The independent director was invented in order to solve a problem that company law had created for itself. Ownership had become so widely __(126)__ that no single shareholder held either the information or the incentive to supervise a management which was, in practice, answerable to nobody at all. A board drawn partly from outside the company was to supply the supervision that the owners could no longer supply for themselves. The design is __(127)__ in principle and awkward in operation, for the outsider who is to challenge the management depends upon that same management for very nearly everything he knows about the company. He attends a handful of meetings in the year, reads what is placed before him, and is expected to __(128)__ an account of events assembled by the very people whose conduct he is there to examine. Where he does object he objects at the cost of a position that is agreeable, well paid and easily lost; and boards accordingly acquire a habit of __(129)__ which those who sit upon them charge and a fairer one, since a supervisor can supervise only what he has been shown.Correct