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The question below consists of a set of labelled sentences. Out of the four given options, select the most logical order of the sentences to form a coherent paragraph. P- In case of interest rates, they could now be determined by the banks based on their cost of funds rather than government fixing them for banks.  Q- Most importantly for the banking industry, as per the M. Narasimhan committee recommendations, liberalization came in the right areas namely interest rate, reduction of reserve requirements, entry deregulation, credit policies and prudential supervision. R- After the 1991 crisis, India’s liberalisation journey was multi-faceted. S- One of the major areas of liberalisation was the banking sector which was highly regulated and controlled by the government. 

The question below consists of a set of labelled sentences. Out of the four given options, select the most logical order of the sentences to form a coherent paragraph. P- In case of interest rates, they could now be determined by the banks based on their cost of funds rather than government fixing them for banks.  Q- Most importantly for the banking industry, as per the M. Narasimhan committee recommendations, liberalization came in the right areas namely interest rate, reduction of reserve requirements, entry deregulation, credit policies and prudential supervision. R- After the 1991 crisis, India’s liberalisation journey was multi-faceted. S- One of the major areas of liberalisation was the banking sector which was highly regulated and controlled by the government.  Correct Answer <font style="vertical-align: inherit;"><font style="vertical-align: inherit;"><font style="vertical-align: inherit;"><font style="vertical-align: inherit;">RSQP</font></font></font></font>

The correct option is option 2.

The first sentence should tell us about what the paragraph is about and here sentence R does that.

The second sentence should be now telling us about the further developments and that is mentioned in the sentence S.

The third sentence should tell us about what all developments took place and as the sentence Q starts from 'mostly', it shows us that itis referring to something which has already been mentioned.

Now, as all the options have been used, we will use option P.

Related Questions

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