CAT 2005 Question 67

Question 67

The sentences given in each question, when properly sequenced, form a coherent paragraph. Each sentence is labeled with a letter. Choose the most logical order of sentences from among the given choices to construct a coherent paragraph.

A) This is now orthodoxy to which I subscribe - up to a point.

B) It emerged from the mathematics of chance and statistics.

C) Therefore the risk is measurable and manageable.

D) The fundamental concept: Prices are not predictable, but the mathematical laws of chance can describe their fluctuations.

E) This is how what business schools now call modern finance was born.

Solution

Here finding the starting statement is a problem. So we first find link among the given statements. From statement B we can see the word 'it' , so it must refer to some statement before. From statement E we can see that 'it' refers to modern finance. Out of other statements , correct order is DCA ,as A concludes. Hence , option B. 



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