A. RBI Governor Urjit Patel underscored the importance of tackling the bad loans problem as recently as during the June 6-7 meeting of the Monetary Policy Committee when he said
B. to that extent the sector’s presence in the list comes as no surprise.
C. “The quiescent investment cycle remains a key macroeconomic concern. It is, therefore, imperative to ensure resolution of stressed assets of banks and timely recapitalisation [of public sector lenders].”
D. With gross non-performing assets (NPAs) at about ₹7 lakh crore, a regulatory intervention was imperative not only to safeguard the health of the banking system but also to ward off any wider impact on the economy.
E. Armed with the powers, a little over a month ago, to get lenders and defaulting borrowers to sit down and address the messy task of cleaning up toxic bad debts, the Reserve Bank of India (RBI) has decided to crack the whip.
F. While the RBI has not divulged the names of the defaulting dozen, reports suggest they are largely made up of steelmakers and infrastructure companies.
G. The central bank’s decision to act on the advice of its Internal Advisory Committee and direct lenders to initiate insolvency proceedings against 12 corporate borrowers — each owing in excess of 5,000 crore — has come not a day too soon.
H. That steel companies were among the worst-hit in the wake of the global downturn in commodity prices and depressed demand in recent years is widely known
1. Which of the following should be the sixth sentence after rearrangement?
2. Which of the following should be the fourth sentence after rearrangement?
3. Which of the following should be the second sentence after rearrangement?
4. Which of the following should be the first sentence after rearrangement?
5. Which of the following should be the third sentence after rearrangement?
6. Which of the following should be the last sentence after rearrangement?
7. Which of the following should be the seventh sentence after rearrangement?
Explanation:(E, G, D, A, C, F, H, B)
- As we all know that first of all we will go through all of these sentences and when we read all these sentences we see that there are two sentences that can be our first sentence and these sentences are sentence (A and E) but in sentence A we have the full form of RBI so we can’t put sentence E before sentence A so sentence E will be our first sentence.
- Now we need to find our second sentence but firstly we try to find those sentences which can be a pair easily. When we read sentence Awe see that in the end of this sentence the RBI governor wants to say something and when we see the sentence C it is in inverted comaas it means in passive voice so it will definitely be a pair (A-C). when we read sentence F and H we understand that sentence those companies which have taken the biggest loans from govt. sector banks are mostly from steelmakers and infrastructure companies and in H it has given that steel companies were widely known and in sentence B it has also given that it not a surprising thing if the steel companies took the huge part of that loan so it should be a pair in this sequence (F, H and B).
- Now we have remaining only two sentences that can be our second sentence (D and G) in sentence D the gross total of NPAs has given and in sentence G those 12 borrower who took the loan each 5000 cr. Rs. So it should also be a pair (G and D). Now we have get our starting three sentences (E, G and D) and after that we can easily understand that our fourth sentence will be sentence A and then we can put our pairs in this sequence (C, F, H, B).
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