In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives. ______ the Troubled Asset Relief Program (TARP), the government had purchased assets of struggling banks with a view ______ ensuring that they did not collapse taking ______ them the rest of the financial system. These assets ______ later at a profit by the government! The U.S. government had acted smartly, while in the Indian case the banks now find themselves ______ with loans made by them to an individual with negative net worth. Fill in the blank: These assets __________________ later at a profit by the government!
- Aare disposed of
- Bwere disposed of
- Care disposed off
- Dhad been disposed off
Solution & Step-by-step Explanation
1. Tense: The text relates to historical events in the past (indicated by "had purchased"). Therefore, the blank must use a past tense form: "were disposed of".2. Phrasal Verb: The correct phrasal verb meaning to get rid of something or sell it is dispose of (with a single 'f'). "Dispose off" is incorrect English usage.Combining past tense and correct phrasal verb usage gives us "were disposed of".