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).Solution
Explanation: 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.            Â
The Fisher Effect assumes that the    Â
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