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      Question

      In the following questions, some part of the sentence

      is underlined. Which of the options given below the sentence should replace the part underlined to make the sentence grammatically & contextually correct? If the sentence is correct as it is given then choose option E ‘No Correction required’ as the answer. Companies with large exports, who had reduced its tenor of risk identification of the last couple of years to take advantage of the ever-weaker rupee, are once again revisiting their risk management policies to ensure they are more in tune with their actual business requirements rather than simply following a widely held market view.
      A who had reduced its tenor of risk identification over Correct Answer Incorrect Answer
      B who had reduced its tenor of risk identification above Correct Answer Incorrect Answer
      C who had reduced their tenor of risk identification over Correct Answer Incorrect Answer
      D who have reduced their tenor of risk identification of Correct Answer Incorrect Answer
      E No Correction required Correct Answer Incorrect Answer

      Solution

      The subject of the sentence is "Companies," which is plural. So, the pronoun referring to "Companies" must be "their" and not "its". "Had reduced" correctly implies past action, and the word "over" makes sense in the context of time, indicating the reduction occurred over a period.

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