IIFT 2018 Question 93

Instructions

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

Question 93

A. But, clearly, the government still has the final say.
B. In the past few years, the Reserve Bank of India might have wrested considerable powers from the government when it comes to monetary policy.
C. The RBI's announcements on certain issues become effective only ,after the government notifies them.
D. Isn't it time the government vested the RBI with powers to sanction such changes, leaving their ratification later?

Solution

B is an opening statement in which it is suggested that that RBI has taken over several aspects of monetary policies from the government. A indicates that despite having certain powers, the final decision rests with the government. C elaborates A with an example. D poses a question for the reader to decide after reading all the above statements.

Hence the correct order is BACD. 



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