| DIRECTIONS: Pick out the nearest correct meaning or synonym of the words given below: |
| MAGNATE |
A) Tycoon
B) Senior executive
C) Non-magnetic
D) Symbolic
Correct Answer: A
Solution :
John D Rockefeller was an oil magnate. Onassis was a shipping tycoon. Both Rockefeller and Onassis were big businessmen, their spheres being oil (petroleum) and shipping respectively. Both magnate and tycoon refer to businessmen who have made it big, their success making them rich and powerful.
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