Institution: Bank Asia Ltd Exam: Bank Asia Ltd - Trainee Officer - 28.10.2016 ||
Topic: Substitution, Expression, & Definition, Subject: English Grammar (ইংরেজি গ্রামার)

Best Answer Explained in Below-:

The correct answer to the question "A person who has no money to pay off his debts ----" is **D) Insolvent**. Insolvency is a financial state in which an individual or organization is unable to meet their financial obligations or pay off their debts as they become due. When someone is declared insolvent, it means they possess insufficient assets or cash flow to cover their liabilities, which aligns perfectly with the description in the question.

While **A) Debtor** refers to any person who owes money, it does not specify their ability to pay it back. A debtor can still be solvent. **B) Pauper** refers to someone who is extremely poor or lacking in financial resources, but not specifically tied to unpaid debts. **C) Beggar** denotes a person who asks others for money or food, without necessarily indicating their financial obligations.

Thus, the term "insolvent" distinctly captures the essence of being unable to pay debts, making it the most accurate choice in this context.