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    Question

    Find out the error according to the grammar and context

    of the given sentences. If there is no error, mark option 5 as the answer, i.e. No error. (Ignore the punctuation errors, if any.) Despite several initiatives designed to promote financial inclusion, there remain significant challenges for small enterprises in securing access to formal lending channels, due to the persistent complexity of regulatory requirements.
    A Despite several initiatives designed to promote financial inclusion Correct Answer Incorrect Answer
    B there remain significant challenges Correct Answer Incorrect Answer
    C in securing access to formal lending channels Correct Answer Incorrect Answer
    D due to the persistent complexity of regulatory requirements Correct Answer Incorrect Answer
    E No error Correct Answer Incorrect Answer

    Solution

    The sentence is grammatically correct and conveys its meaning clearly. "There remain" is appropriate because the subject "challenges" is plural.

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