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.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. No improvement.
- SEBI is a singular subject and therefore it will take a singular verb.
- 'Is' is a singular verb but it requires V3 or V4 after it.
- 'Has' is a singular verb and it takes V3 after it.
Hence, the chosen option is correct.