| Below given is a report with four blanks. Fill those blanks with the options provided in P, Q, R & S to make it a sensible one. |
| TOI, Mumbai 24th September 2012: Consumers may __I__ downward due to falling international crude oil prices and a strengthening rupee. |
The Indian basket of crude oil fell to  106.74 on September 20 from 116 five days earlier, according to data published by the oil ministry. The rupee, __II___, is expected to strengthen further due to the reform measures the government announced last week. |
| Usually, each dollar fall in crude oil makes petrol cheaper by 33 paise. Similarly, a ___III___ in the price of petrol. "Logically yes, petrol prices should fall. However, we have to wait for some more time before deciding to pass on the benefit to consumers," S. Varadarajan, director (finance) at BPCL, told TOI. According to him, __IV__, no loss. |
| P: strengthening rupee would lead to a 77-paisa reduction |
| Q: which hit a four-month-high of 53.47 on September 21 |
| R: petrol is being sold at par - no profit |
| S: get some relief as oil marketing companies (OMCs) plan to revise petrol prices |
A) SRPQ
B) QSRP
C) SQPR
D) SPQR
E) None of these
Correct Answer: C
Solution :
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