The four sentences (labelled 1, 2, 3 and 4) below, when properly sequenced, would yield a coherent paragraph. Decide on the proper sequencing of the order of the sentences and choose the correct option.
1. For example, a seller anticipating that the dollar should debilitate during the day may purposely make, through client exchanges and exchange in the inter-bank market, an oversold position in the desire for squaring it later during a day at a profit, should his assumption regarding the dollar debilitating materialise.
2. Trade control doesn't out and out forbid Indian banks from keeping open positions over the span of a day.
3. Thus, depending upon the strategy of a bank, vendors might be permitted to take intra-day positions so as to make a profit.
4. For market creators offering two-way quotes in the international markets, open positions are undeniably more common.
The four sentences (labelled 1, 2, 3 and 4) below, when properly sequenced, would yield a coherent paragraph. Decide on the proper sequencing of the order of the sentences and choose the correct option.
1. For example, a seller anticipating that the dollar should debilitate during the day may purposely make, through client exchanges and exchange in the inter-bank market, an oversold position in the desire for squaring it later during a day at a profit, should his assumption regarding the dollar debilitating materialise.
2. Trade control doesn't out and out forbid Indian banks from keeping open positions over the span of a day.
3. Thus, depending upon the strategy of a bank, vendors might be permitted to take intra-day positions so as to make a profit.
4. For market creators offering two-way quotes in the international markets, open positions are undeniably more common.
Option 1 -
4231
Option 2 -
3412
Option 3 -
4123
Option 4 -
2314
-
1 Answer
-
Correct Option - 4
Detailed Solution:'Thus' of 3rd sentence forms the explanation for the 2nd sentence and 'for example' in 1st forms the example of the same. Other options don not follow this sequence in the beginning.
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