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Directions For Questions
Direction: Rearrange the following Six sentences (A), (B), (C), (D), (E) and (F) in the proper sequence to form a meaningful paragraph, then answer the questions given below them.
A. Lastly, decision to circulate a concept paper for increased usage of cards has been a step in the right direction for a cashless society in quest for a digitised India. B. Importantly, the rate cut has been conditioned upon the fact that growth in advanced economies is still below expectations C. So far, the experience on inflation has been as per the RBI expectations and the official first lap of 6 per cent CPI inflation by January 2016 is more or less achieved. D. And hence there is a need to look inwards by complementing external demand with domestic demand and prevent any further build-up of domestic excess capacity and thus supporting investment activity. E. RBI’s decision to cut the key policy by 50 basis points was both a pleasant surprise and prudent decision given the evolving situation both domestically and abroad. F. Following it, increase in FPI limit and the reduction in SLR and HTM will counter-balance each other.
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