question_answer

Direction: Rearrange the given five sentences (A), (B), (C), (D) and [E] in the proper sequence so as to form a meaningful paragraph and then answer the given questions.

(A) Frequent visits to the market by disinvestment candidates led to an oversupply of public sector paper and made for sub-optimal timing of the issues and depressed valuations, as their stock prices were inevitably hammered in the run-up to such offers. (B) After much trial and error, the Government finally seems to have hit upon a winning idea to disinvest minority stakes in public sector undertakings - the ETF (Exchange Traded Fund) route. (C) The ETF route allows the Centre to sidestep these issues through a one-shot offer. (D) There is no doubt that ETFs present a superior alternative to the earlier method of PSU stake sales through a Series of follow-on offers and offers for sale in the market. (E) It has now announced plans for a new fund - the Bharat 22ETF.

Which of the following should be the FOURTH sentence after the rearrangement?

A)  A                                

B)  B                    

C)  C                    

D)         D

E)  E