Directions (Q. 21-25): Rearrange the following five sentences (A), (B), (C), (D) and (E) in the proper sequence to form a meaningful paragraph and then answer the questions given below.
(A) In addition to benefit of transparent pricing, the participants in the spot market will also-have quality assurance and higher liquidity. |
(B) This means that gold could get a separate spot exchange and a regulator to look into its trading. |
(C) The finance minister gave a boost to gold traders by announcing that the Centre will soon formulate a comprehensive gold policy and develop gold as a separate class. |
(D) This will bring more banks and institutional players into the market. |
(E) With a gold spot exchange, India - the second largest market for the yellow metal in the world - will set its own benchmark price for gold instead of relying on the London Bullion Market Association (LMBA) price. |
A) A
B) B
C) C
D) D
E) E
Correct Answer: C
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