Question
Identify the INCORRECTLY spelt word in the following
sentence and select its correct spelling from the given options: Her argument lacked consistancy, making it difficult to follow.Solution
The word “consistancy” in the sentence is incorrectly spelt.
The correct spelling is “consistency”, which means the quality of being consistent — logical, steady, or uniform.
IRF and FRA are over the counter (OTC) instruments to cover interest rate risks
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