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Question 34: A. Had the world’s leading central banks not provided emergency liquidity back in 2008, the global economy would have faced meltdown.
B. But what started as a short-term emergency painkiller then morphed into a prolonged monetary coma.
C. After the Lehman crisis, low rates and quantitative easing were needed.
D. Payment systems would have failed, sparking panic, economic torpor and civil unrest.
Both A and C are contenders for the first sentence of the paragraph.
We see that D explains the word ‘meltdown’ mentioned in A. So, D follows A.
B talks of a ‘short-term emergency painkiller’. What does this refer to? The emergency liquidity provided by the world’s leading central banks in 2008, that is mentioned in A. So, B too follows A.
Which of these is a better fit immediately after A? D is, as it explains what would have happened if the emergency liquidity wasn’t provided at that time. Also note that D uses the same tense as A, in explaining what ‘would have’ happened.
So, we have the order ADB.
Consider sentence C. Though both A and B make sense after C, we already know that ADB is a unit. So CADB is the right order.
The question is " Arrange the sentences in the correct order "
The order is CADB
Choice B is the correct answer.
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