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      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. (Q. 16-20): 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 Correct Answer Incorrect Answer
      B additional avenues to corporate Correct Answer Incorrect Answer
      C for raising funds in a cost affective manner Correct Answer Incorrect Answer
      D and reduces reliance of corporate on bank finance Correct Answer Incorrect Answer
      E No error Correct Answer Incorrect Answer

      Solution

      ‘effective’ instead of ‘affective’.

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