To prevent further economic instability, the financial regulatory body urged all commercial banks to ________ wasteful expenditure and speculative lending. Which of the following phrasal verbs correctly completes the sentence?
- rein inAnswer
- Breign in
- Crein off
- Drule out
Answer
The correct phrasal verb is 'rein in', which means to control, limit, or restrain spending or actions.
The phrasal verb 'rein in' means to restrain, curb, or limit activities or expenses. In this context, curbing wasteful spending aligns directly with stabilizing the financial sector.
Step-by-Step Solution
Key Concept
Phrasal Verbs with Idiomatic Meanings and Homophone Discrimination
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