P. Banks, which garner the lion’s share of retail debt allocations, pe
Q. Indian savers have made a decisive shift from real to financial assets in recent years prompted by policy nudges and sluggish gold and property markets.
R. But they have been tardy in passing on the rate increases of the past year.
S. But while umpteen new equity-linked options have sprung up on their menu – MFs, NPS, market-linked insurance plans – there’s a notable dearth of debt options.
Right Answer is: C
R and S begin by the conjunction “but” and hence cannot be the first sentence. This eliminates options A and B and confirms that Q should be the first sentence. R cannot follow Q as the rate increases of the past year cannot be passed by people and it is the work of an entity like a bank. So, P and R must be in a sequence. On the other hand, the possessive “their” in S refers to the people (Indian savers), hence, S must follow Q. Thus, the sequence after rearrangement is QSPR, and option C is the correct answer.