New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. Mark the part with the error as your answer. If there is no error, mark "No Error" as your answer. (Ignore the errors of punctuation).

    The market responded negatively to the results, as concerned about the bank’s asset quality and shrinking net interest margin (NIM) weighed on investor sentiment.

    A The market responded negatively to the results, as Correct Answer Incorrect Answer
    B concerned about the bank’s asset quality Correct Answer Incorrect Answer
    C and shrinking net interest margin (NIM) Correct Answer Incorrect Answer
    D weighed on investor sentiment. Correct Answer Incorrect Answer
    E No error Correct Answer Incorrect Answer

    Solution

    The error is in part (2). The word "concerned" is incorrect in this context. The correct word should be "concerns," as it refers to issues or worries about the bank's asset quality, not the adjective "concerned." Corrected Sentence: The market responded negatively to the results, as concerns about the bank’s asset quality and shrinking net interest margin (NIM) weighed on investor sentiment.

    Practice Next