In each of the following sentences, identify the option that contains a grammatical error.

(a) A 25 basis points rate hike by the US Federal Reserve, which was already priced-in, plus a dovish stance augurs well for risk assets and for emerging markets.

(b) Since the beginning of this year, as the dollar has weakened against the rupee, the benchmark Sensex has soared.

(c) With Fed chair Janet Yellen being her usual dovish self, the market is now convinced it has the best of both worlds.

(d) The key to risk appetite for emerging market assets such as Indian equities, therefore, lies in the strength of the dollar.

(e) Use “the residence of one of the ministers” in place of “one of the Minister’s residences”.