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In the given question, four words are printed in bold and are numbered A, B, C, and D. Of these, the positions of two of these words may be incorrect and need to be exchanged to make the sentence correct. Find the two words which need to be exchanged. In case the given sentence is correct, your answer is (E), i.e., 'No correction required. If you have a short-term goal, then you (A) provide a fixed-income (B) product, not a market- (C) linked product; to (D) need return predictability. A.  A-D B. A-B and C-D C. A-C and B-D D. B-C E. No correction required

In the given question, four words are printed in bold and are numbered A, B, C, and D. Of these, the positions of two of these words may be incorrect and need to be exchanged to make the sentence correct. Find the two words which need to be exchanged. In case the given sentence is correct, your answer is (E), i.e., 'No correction required. If you have a short-term goal, then you (A) provide a fixed-income (B) product, not a market- (C) linked product; to (D) need return predictability. A.  A-D B. A-B and C-D C. A-C and B-D D. B-C E. No correction required Correct Answer A

The correct answer is Option 1) i.e. A.

Key Points

  • The statement is regarding the financial goals of a person and also the way in which you should handle your finances based on your goals in life.  ​​
  • It is regarding aligning your investments with your goals.
  • 'Short-term goals' require fixed income products whereas 'long-term goals' can be fulfilled with market-related products.
  • So in order to stress the presence of 'fixed income' we use 'need' before the term 'fixed income'.
  • Following the above, while talking about a particular amount being returned due to the earlier 'fixed income', we use the term 'provide' with the word return.
  • If we replace 1 and 4, the sentence will become meaningful. 
  •  No other replacement is required in the sentence to make it meaningful.


Correct sentence: If you have a short-term goal, then you need a fixed-income product, not a market-linked product; to provide return predictability.✔️​

Additional Information

  • Predictability (noun): the ability to be predicted.
    • Example: We were discussing the predictability of career outcomes.

Related Questions

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