Directions: Select the most appropriate phrase to replace the underlined phrase in the given sentence to make it grammatically correct. Select 'No correction required' as the answer, if the sentence is correct as it is.
It is too early to say how the impact the new tax will have on investors
[CORPORATION BANK (PO), 2010]
Explanation
The underlined phrase " how the impact" must be replaced with option A "what impact " to make it grammatically correct.
Corrected sentence: It is too early to say what impact the new tax will have on investors
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