This lack of market volatility A owes much to the B steady of monetary C policy since a D depth...........

English ( Master) Error correction

Directions: In the questions given below, a sentence has been broken down into five fragments labeled (A), (B), (C), (D) and (E). The part highlighted in bold is grammatically correct. Out of the rest, only one part is error-free. You are required to identify the error-free part and mark it as your answer. In case, all fragments are incorrect, please select ‘All are incorrect’ as your answer.

This lack of market volatility (A)/ owes much to the (B)/ steady of monetary (C)/ policy since a (D)/ depths in the 2008 financial crisis. (E)

All are correct

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Explanation:

Fragment A, in bold, is already correct.

Fragment C: steady of monetary
We need a noun while steady is an adjective.
Correct: steadiness of monetary

Fragment D: policy since a
The fragment does not make sense. We are talking about a specific financial crises and the correct article to be used is the.
Correct: policy since the

Fragment E: depths in the 2008 financial crisis
Here, the correct preposition here would be of for the sentence to make sense.
Correct: depths of the 2008 financial crisis

Fragment B is correct.

Hence, option A is correct.