In this section each item consists of six sentences of a passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and mark y

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In this section each item consists of six sentences of a passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and mark your response accordingly on the Answer Sheet. 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

Quantrex Academy · Accepted Answer

Correct answer: D. P S Q R

Sentence S1 introduces the topic of liberalisation freeing India's economy from a low GDP trap. Sentence P logically follows S1 by detailing the historical context of this low GDP trap, explaining that a low growth rate and emergent circumstances led to a balance of payment crisis in the early 1990s. Sentence S must follow P because it explicitly refers back to 'the emergent crisis' introduced in P and describes the initial response of delicencing and liberalising in the 1991 budget. Sentence Q elaborates on the specific liberalisation policies mentioned in S, such as ensuring ease of business and removing import licences and production quotas. Sentence R logically follows Q by using the transition phrase 'Apart from these measures' to introduce an additional step taken to manage the crisis, which was taking an IMF loan. Sentence S6 naturally concludes the passage by stating the present-day result of these historical actions. Therefore, the logically coherent sequence is P S Q R.

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