New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    In the question below, a sentence is given with two blanks in it. Six choices of words have been given in two columns. The word for the first blank should be from the first column and for the second blank it should be from the second column. Choose the correct combination from the options which can fit in the blanks and make the sentence meaningful.

    In a ______________ to a series of credit-related events

    that put investor money at risk, markets regulator Securities and Exchange Board of India (SEBI) tightened __________ on investments by mutual funds.
    A CE Correct Answer Incorrect Answer
    B BD Correct Answer Incorrect Answer
    C AF Correct Answer Incorrect Answer
    D CD Correct Answer Incorrect Answer
    E BE Correct Answer Incorrect Answer

    Solution

    The sentence tells us about SEBI's action in relation with certain events. So, 'reaction' fits in the first blank, connecting the effect to the cause. 'Norms' means a standard or pattern, especially of social behaviour, that is typical or expected. It can fit in the second blank, to tell us 'what' were tightened by the SEBI. BE is the right pair. Option E is the right answer.

    Practice Next