Choose the correct option to complete the given sentence:
After six months of unpaid rent, the tailor finally cleared his ______ when the Diwali orders came in.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → arrears
Complete sentence: After six months of unpaid rent, the tailor finally cleared his arrears when the Diwali orders came in.
| Word | Meaning | Example |
|---|---|---|
| (1) dividends | parts of a company’s profit paid to the people who own its shares | Dadaji gets small dividends every year from his old bank shares. |
| (2) earnings | the money a person gets from work | Ramesh sends half his earnings home to his parents in Bihar. |
| (3) arrears (answer) | money that should have been paid earlier but is still owed (fits six months of unpaid rent) | The housing society sent a notice to every flat with three months of maintenance arrears. |
| (4) assets | things of value that a person or a company owns | The family’s main assets are a small house and two acres of land. |