Answer-But as investors in such firms (A)/have learnt this year, the sector (B)/is not as risk adverse as (...

The word adverse means having a negative or harmful effect on something. It is inappropriate here. The correct word is averse, which means strongly disliking or opposed to. But as investors in such firms have learnt this year, the sector is not as risk averse as had been widely perceived.

Question

But as investors in such firms (

A /have learnt this year, the sector (
B /is not as risk adverse as (
C /had been widely perceived (
D .

Read each sentence to find out whether there is any grammatical 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, if any).

A But as investors in such firms

B have learnt this year, the sector

C is not as risk adverse as

D had been widely perceived

E No error

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