Question:
Find the proper sequence of the four sentences (P, Q, R and S) between S1 and S6.
S1. Liberalisation and globalisation freed India’s economy from the low GDP trap that had impeded India’s progress
S6. Today, India has transformed into one of the largest economies of the world
P. India’s 3 pc rate of growth and a set of emergent circumstances led to a balance of payment crisis in the early 1990s
Q. Ease of business was ensured, and the requirement for import licences, and production quotas were removed
R. Apart from these measures, India also took a loan from the IMF to tide over the crisis, but after 1993, India has not taken another loan from the IMF
S. In a landmark budget in 1991, responding to the emergent crisis, India delicenced many industries and liberalised its economic policies
Find the proper sequence of the four sentences (P, Q, R and S) between S1 and S6.
S1. Liberalisation and globalisation freed India’s economy from the low GDP trap that had impeded India’s progress
S6. Today, India has transformed into one of the largest economies of the world
P. India’s 3 pc rate of growth and a set of emergent circumstances led to a balance of payment crisis in the early 1990s
Q. Ease of business was ensured, and the requirement for import licences, and production quotas were removed
R. Apart from these measures, India also took a loan from the IMF to tide over the crisis, but after 1993, India has not taken another loan from the IMF
S. In a landmark budget in 1991, responding to the emergent crisis, India delicenced many industries and liberalised its economic policies
Options:
- a) QSRP
- b) SQPR
- c) RQSP
- d) PSQR
- a) QSRP
- b) SQPR
- c) RQSP
- d) PSQR
correct answer : d)
Explanation:
S1 introduces the theme: India’s economy being freed. P logically follows S1 by providing one of the consequences of previous economic conditions. S proceeds to describe the response to the crisis by emphasizing the landmark budget in 1991. Q provides further details about the liberalisation mentioned in S (like delicencing and removal of quotas). R offers additional information on another measure taken to manage the crisis (loan from IMF). Thus, PSQR forms a coherent paragraph.
S1 introduces the theme: India’s economy being freed. P logically follows S1 by providing one of the consequences of previous economic conditions. S proceeds to describe the response to the crisis by emphasizing the landmark budget in 1991. Q provides further details about the liberalisation mentioned in S (like delicencing and removal of quotas). R offers additional information on another measure taken to manage the crisis (loan from IMF). Thus, PSQR forms a coherent paragraph.