BUSINESS ADMINISTRATION
BANKING AND INSURANCE
Question
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Detailed explanation-1: -standard, criterion, gauge, yardstick, touchstone mean a means of determining what a thing should be. standard applies to any definite rule, principle, or measure established by authority. criterion may apply to anything used as a test of quality whether formulated as a rule or principle or not.
Detailed explanation-2: -A criterion is a standard or principle for judging, evaluating, or selecting something. It’s an ideal or requirement on which the judgment, evaluation, or selection is based. The plural of criterion can be criteria or criterions, but criterions is rarely used.
Detailed explanation-3: -A criterion is a standard for judging something. If you are holding a cupcake competition, your number one criterion might be the smoothness of frosting. A criterion is a category for judging, but can also be a prerequisite for an achievement.
Detailed explanation-4: -Criterion is singular, meaning “a standard of judgment or criticism.” Criteria is the plural form of criterion and should not be used as a singular noun. The design of the mechanism must meet five criteria.
Detailed explanation-5: -Definition of ‘criteria’ 1. a standard by which something can be judged or decided. philosophy. a defining characteristic of something. ▶ USAGE Criteria, the plural of criterion, is not acceptable as a singular noun: this criterion is not valid; these criteria are not valid.