Choose the word similar in meaning to the given word.
MAGNATE
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → Tycoon
Magnate means a very rich and powerful person in business. Its synonym is tycoon. Example: A steel magnate paid for the new hospital wing in our town.
| Word | Meaning | Example |
|---|---|---|
| (1) Patron | a person who gives money or support to an artist, a cause or a group (a supporter, not a business leader) | The local jeweller is a patron of the town’s music festival. |
| (2) Tycoon (answer) | a person who has become very rich and powerful through business (same as magnate) | The film is about a poor boy who grows up to be a shipping tycoon. |
| (3) Pauper | a very poor person (the opposite of magnate) | In the story, the king dressed as a pauper to see how his people lived. |
| (4) Mentor | an experienced person who guides a younger one | Our senior, Kavya Didi, became my mentor in the debate club. |
| Synonyms of magnate: tycoon, industrialist, mogul, baron Antonyms of magnate: pauper, beggar, nobody |