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Which of the given phrases should replace the phrase given in bold (shown here in capitals) in the sentence to make it meaningful and grammatically correct? Banks have DIFFERENTLY RATE OF INTEREST…

Question and options

Which of the given phrases should replace the phrase given in bold (shown here in capitals) in the sentence to make it meaningful and grammatically correct?

Banks have DIFFERENTLY RATE OF INTEREST depending on the size of the loan.
  1. difference in rate of interest
  2. differently what rate of interest
  3. different rates of interest
  4. the different rate of interest

Answer and explanation

Correct answer: C - different rates of interest
“Banks have different rates of interest depending on the size of the loan” is correct: the noun “rates” needs the adjective “different”, and since rates vary with loan size the plural is required. “The different rate of interest” is singular and wrongly definite, “difference in rate of interest” changes the meaning, and “differently what rate of interest” is ungrammatical.

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  • CUSAT CAT Five-Year LL.B.

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