Q. Improve the bracketed part of the sentence.The Securities and Exchange Board of India (SEBI) (has decreed) that all MF schemes must adopt the Total Return variants of their chosen benchmarks to measure and disclose their performance.

A) have decreed

B) is decree

C) No improvement

D) has decreeing

✔ Correct Answer: No improvement

Exam Insight

Rewritten sentence: 'The Securities and Exchange Board of India (SEBI) has mandated that all mutual fund schemes adopt the Total Return variants of their selected benchmarks for measurement.'

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