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The following sentences form a paragraph. The first and the last sentences of the paragraph are given. The rest of the sentences are numbered as P, Q, R and S. These four parts are not given in their proper order. Read the sentences and choose the alternative that arranges them in the correct order. 1. Kautilya's Arthshastra generally prescribed 16-8% rate of interest except when the risk was extraordinarily high. P. There is also evidence to prove that deposit banking in some form had come into existence by the Second or Third century of the Christian era. Q. The English traders could not make much use of the indigenous bankers, firstly, because of the language difficulty and secondly, because Indian bankers lacked the experience of the finance of European trade. R. These bankers could not, however, develop the system of obtaining deposits regularly from the public and those, who made savings, either hoarded or    lent them to friends and neighbours. S. During the Mughal rule, the indigenous bankers did the profitable business of money-changing and most important among them were appointed mint — officers, revenue collectors, bankers, and money-changers to the Government. 6. Therefore, the English Agency Houses, which were primarily commercial undertakings, began to conduct banking business also, so as to meet the needs of the company, the members of the services, and the European merchants in India.

The following sentences form a paragraph. The first and the last sentences of the paragraph are given. The rest of the sentences are numbered as P, Q, R and S. These four parts are not given in their proper order. Read the sentences and choose the alternative that arranges them in the correct order. 1. Kautilya's Arthshastra generally prescribed 16-8% rate of interest except when the risk was extraordinarily high. P. There is also evidence to prove that deposit banking in some form had come into existence by the Second or Third century of the Christian era. Q. The English traders could not make much use of the indigenous bankers, firstly, because of the language difficulty and secondly, because Indian bankers lacked the experience of the finance of European trade. R. These bankers could not, however, develop the system of obtaining deposits regularly from the public and those, who made savings, either hoarded or    lent them to friends and neighbours. S. During the Mughal rule, the indigenous bankers did the profitable business of money-changing and most important among them were appointed mint — officers, revenue collectors, bankers, and money-changers to the Government. 6. Therefore, the English Agency Houses, which were primarily commercial undertakings, began to conduct banking business also, so as to meet the needs of the company, the members of the services, and the European merchants in India. Correct Answer PSRQ

The given paragraph talks about deposit banking and the first and the last sentences of the paragraph are already given.

The second sentence of the paragraph will be the sentence (P) as it mentions an evidence to prove in which era had deposit banking come into being after Kautilya's Arthshastra.

The third sentence of the paragraph will be the sentence (S) as it talks about the Mughal rule, that comes before the English rule as the next sentence refers to the English rule.

The fourth sentence will be the sentence (Q) as it talks about the English traders, that came after the Mughal rule.

The fifth sentence will be the sentence (R) as it refers to 'these' bankers that have been mentioned in the previous sentence.

Hence, the correct order of the paragraph will be PSRQ.

Related Questions

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