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    Question

    The reported move by capital markets regulator

    Securities and Exchange Board of India (Sebi) to summarily(1) /  restrict investment in equity derivatives(2)/ by individual investors simply on the basis of income is paternelist(3)/ , myopic and worse.No Error (4) . In each question below three words which are numbered (1), (2), and (3) have been printed in bold, of which one word may be wrongly spelled or inappropriate in the context of the sentence. The number of that word is the answer.If you are unable to spot an error,mark (4) as your answer.
    A 3 Correct Answer Incorrect Answer
    B 1 Correct Answer Incorrect Answer
    C 2 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer

    Solution

    The word is incorrectly spelt.Replace paternelist with paternalist. Paternalism -  a system in which someone in  authority   advises  and  helps   people  but also  controls  them by not  letting  them  make  their own  decisions  and  choices.

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