Set 1
A. Quotas determine the size of contingency funds at the disposal of the IMF to lend to countries in need of help, as well as the power of individual countries to influence lending decisions and tap into the funds themselves.
B. Though developing countries hold less than half the overall quota at the moment, with their rapidly increasing economic heft they have demanded a greater share — with limited success.
C. Finance Minister Arun Jaitley has demanded reforms to the International Monetary Fund’s controversial quota system, shedding light on the problems facing the Bretton Woods institution in today’s global economy.
D. Else, he warned, the legitimacy and credibility of the IMF could be eroded.
E. In this context, speaking at the spring meetings of the IMF, Mr. Jaitley reiterated the need to reform the quota system further.
1. Which is the Fourth sentence after Rearrangement?
a) E
b) A
c) B
d) D
e) C
2. Which is the First sentence after Rearrangement?
a) C
c) E
d) A
e) D
3. Which is the Fifth sentence after Rearrangement?
a) B
b) D
d) E
e) A
4. Which is the Second sentence after Rearrangement?
a) E
b) A
d) D
e) B
5. Which is the Third sentence after Rearrangement?
a) A
b) C
c) E
d) B
Set 1: Order of Rearrangement -> C-A-B-E-D
Explanation:
Opening sentence is 'C' which tells about the demand that FM Arun Jaitley has put for quouta system in the International Monetary Fund. Then comes the sentence 'A' which explains the importance of quota system. Sentence 'B' follows 'A' which shows economic heft of developed countries for getting more quota in IMF. Sentence 'E' tells about the need to reform this quota system. Sentence 'D' concludes the sentence with a warning.
6. Which is the Fifth sentence after Rearrangement?
a) E
Set 2:
A. Narendra Modi is not the first Chief Minister to have gone on to become Prime Minister.
B. The Five Year Plans — the last one ended on March 31 — were relegated to history, to be replaced by a three-year action plan.
C. This was to be part of a seven-year strategy that would in turn help realise a 15-year long-term vision.
D. But given his well-known disdain for the erstwhile Planning Commission’s control-and-command approach towards States and his oft-repeated emphasis on ‘cooperative federalism’, there were great expectations from the successor organisation, the NITI Aayog.
E. When the Aayog’s Governing Council that includes the Prime Minister and all Chief Ministers met, it was hoped that the fine print as well as the big picture of the new planning approach. But it did'nt work out.
6. Which is the Fifth sentence after Rearrangement?
a) E
c) B
d) D
e) C
e) C
7. Which is the Third sentence after Rearrangement?
a) C
b) B
d) A
e) D
8. Which is the First sentence after Rearrangement?
a) B
b) D
c) C
d) E
e) A
9. Which is the Second sentence after Rearrangement?
a) A
b) E
c) C
d) D
10. Which is the Fourth sentence after Rearrangement?
a) A
b) C
d) B
e) D
Set 2: Order of Rearrangement -> A-D-B-C-E
Explanation:
Opening sentence is 'A' which introduces the topic of discussion of the above complete paragraph. Then comes the sentence 'D' which discusses the previous decisions of Narendra Modi on Planning Commission and expectations from the 'NITI Aayog'. Sentence 'B' follows 'D' which tells about the five year plans related to planning commission and the new three action plan. Sentence 'C' tells the next step of these 3 year plans with 7 year strategy that would in turn help realise a 15-year long-term vision. Sentence 'E' concludes the paragraph with the outcome of NITI Aayog's meeting. Don't get confused with 'E' after 'D', as it would not satisfy the next sentences of the paragraph.
