Question

A well-developed corporate bond market provides additional avenues to corporate for raising funds in a cost affective manner and reduces reliance of corporate on bank finance.

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

A A well-developed corporate bond market provides

B additional avenues to corporate

C for raising funds in a cost affective manner

D and reduces reliance of corporate on bank finance.

E No error

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