Studying previous year's papers can help anticipate the importance of critically evaluating the applicability and limitations of different psychological theories in the following ways:

1. Identifying recurring topics and theories:
- By studying previous year's papers, one can identify the recurring topics and theories that are frequently asked in the examination.
- This allows the candidate to understand which psychological theories are important and widely applicable in the field.
- By recognizing the patterns, candidates can anticipate the importance of critically evaluating the applicability and limitations of these theories.

2. Recognizing the emphasis on critical evaluation:
- Previous year's papers can provide insights into the types of questions asked about psychological theories.
- If there is a consistent emphasis on critically evaluating the applicability and limitations of theories, it indicates the importance of this aspect in the examination.
- Candidates can then focus their preparation on understanding and analyzing the strengths and weaknesses of different theories.

3. Understanding the level of depth required:
- By analyzing previous year's papers, candidates can gauge the level of depth required in critically evaluating the applicability and limitations of psychological theories.
- Some examinations may require a basic understanding of theories, while others may demand a more in-depth analysis.
- This knowledge helps candidates tailor their preparation accordingly and allocate sufficient time to studying and analyzing the theories.

4. Identifying specific theories to prioritize:
- Previous year's papers can provide insights into which theories are more commonly asked in the examination.
- Candidates can prioritize their study of these theories and allocate more time to understanding their applicability and limitations.
- This approach ensures that candidates are well-prepared for questions related to these theories and can critically evaluate them effectively.

5. Enhancing critical thinking skills:
- Studying previous year's papers and critically evaluating the applicability and limitations of different psychological theories requires candidates to develop strong critical thinking skills.
- Regular practice of analyzing theories and assessing their strengths and weaknesses can enhance critical thinking abilities.
- These skills are not only valuable for the examination but also essential for future research and practical application in the field of psychology.

In conclusion, studying previous year's papers can help anticipate the importance of critically evaluating the applicability and limitations of different psychological theories by identifying recurring topics, recognizing the emphasis on critical evaluation, understanding the level of depth required, identifying specific theories to prioritize, and enhancing critical thinking skills. This approach enables candidates to approach the examination with a comprehensive understanding of psychological theories and their limitations.