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Directions: In the following question, four statements are provided. These statements form a coherent paragraph when properly arranged. Select the alternative representing the proper and logical sequencing of these statements.
(A) Gone were the days of state control and 'permit or license raj'.
(B) It was around the time when the Soviet Empire collapsed in 1991, India's then Finance Minister launched economic liberalisation.
(C) Globalisation became the new mantra around the world and no nation could afford to remain detached from these winds of change.
(D) While dealing a deadly blow to the machinery of red tape, globalisation or liberalisation encouraged private initiative in the economic development.
  • a)
    CDAB
  • b)
    CBAD
  • c)
    DCBA
  • d)
    BADC
  • e)
    ABDC
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Directions: In the following question, four statements are provided. T...
Introduction:
The given statements are about the process of economic liberalization and globalization in India. The task is to arrange the statements in a logical sequence.

Body:
Let's analyze the statements one by one:

Statement B: It was around the time when the Soviet Empire collapsed in 1991, India's then Finance Minister launched economic liberalization.

This statement provides the context for the start of economic liberalization in India. The collapse of the Soviet Empire in 1991 was a significant event globally, and it had an impact on India's economic policies. The Finance Minister's decision to launch economic liberalization can be seen as a response to the changing global scenario.

Statement A: Gone were the days of state control and permit or license raj.

This statement suggests that economic liberalization brought an end to the era of state control and excessive bureaucratic regulations in India. It indicates a shift towards a more market-oriented approach and a reduction in government intervention in the economy.

Statement D: While dealing a deadly blow to the machinery of red tape, globalization or liberalization encouraged private initiative in economic development.

This statement highlights the positive effects of economic liberalization and globalization. It mentions the reduction of bureaucratic red tape, which was a significant obstacle to economic growth. It also emphasizes the role of private initiative in driving economic development.

Statement C: Globalization became the new mantra around the world, and no nation could afford to remain detached from these winds of change.

This statement asserts the significance of globalization as a global phenomenon. It suggests that all nations had to embrace globalization and adapt to the changing economic landscape. It provides a broader context for the economic liberalization process in India.

Logical Sequence:
Based on the analysis of the statements, the proper and logical sequencing would be:
BADC

Conclusion:
The correct sequence of the four given statements is BADC. This sequence effectively presents the context, consequences, and significance of the economic liberalization process in India.
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Directions: In the following question, four statements are provided. These statements form a coherent paragraph when properly arranged. Select the alternative representing the proper and logical sequencing of these statements.(A) Gone were the days of state control and permit or license raj.(B) It was around the time when the Soviet Empire collapsed in 1991, Indias then Finance Minister launched economic liberalisation.(C) Globalisation became the new mantra around the world and no nation could afford to remain detached from these winds of change.(D) While dealing a deadly blow to the machinery of red tape, globalisation or liberalisation encouraged private initiative in the economic development.a)CDABb)CBADc)DCBAd)BADCe)ABDCCorrect answer is option 'D'. Can you explain this answer?
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Directions: In the following question, four statements are provided. These statements form a coherent paragraph when properly arranged. Select the alternative representing the proper and logical sequencing of these statements.(A) Gone were the days of state control and permit or license raj.(B) It was around the time when the Soviet Empire collapsed in 1991, Indias then Finance Minister launched economic liberalisation.(C) Globalisation became the new mantra around the world and no nation could afford to remain detached from these winds of change.(D) While dealing a deadly blow to the machinery of red tape, globalisation or liberalisation encouraged private initiative in the economic development.a)CDABb)CBADc)DCBAd)BADCe)ABDCCorrect answer is option 'D'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: In the following question, four statements are provided. These statements form a coherent paragraph when properly arranged. Select the alternative representing the proper and logical sequencing of these statements.(A) Gone were the days of state control and permit or license raj.(B) It was around the time when the Soviet Empire collapsed in 1991, Indias then Finance Minister launched economic liberalisation.(C) Globalisation became the new mantra around the world and no nation could afford to remain detached from these winds of change.(D) While dealing a deadly blow to the machinery of red tape, globalisation or liberalisation encouraged private initiative in the economic development.a)CDABb)CBADc)DCBAd)BADCe)ABDCCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following question, four statements are provided. These statements form a coherent paragraph when properly arranged. Select the alternative representing the proper and logical sequencing of these statements.(A) Gone were the days of state control and permit or license raj.(B) It was around the time when the Soviet Empire collapsed in 1991, Indias then Finance Minister launched economic liberalisation.(C) Globalisation became the new mantra around the world and no nation could afford to remain detached from these winds of change.(D) While dealing a deadly blow to the machinery of red tape, globalisation or liberalisation encouraged private initiative in the economic development.a)CDABb)CBADc)DCBAd)BADCe)ABDCCorrect answer is option 'D'. Can you explain this answer?.
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