In this section each item consists of six sentences of a passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and mark your response accordingly on the Answer Sheet.
S1: Central government receipts can broadly be divided into non-debt and debt receipts.
S6: This is also evident from the composition of non-debt receipts.
P: Debt receipts mostly consist of market borrowing and other liabilities which the government is obliged to repay in the future.
Q: The non-debt receipts comprise of tax revenue, non-tax revenue, recovery of loans and disinvestment receipts.
R: The outcomes as reflected in the Provisional Actual figures is lower than the budget estimate owing to reduction in the net tax revenue.
S: The Budget 2018-19 targeted significantly high growth in non-debt receipts of the Central Government, which was driven by robust growth.
The correct sequence should be
- ASRPQ
- BRSQP
- CPQRS
- DQPRS
Explanation
S1 divides Central government receipts into non-debt and debt, so Q (which defines non-debt receipts: tax revenue, non-tax revenue, recovery of loans, disinvestment) and P (which defines debt receipts: market borrowing and repayable liabilities) must follow in that same order. R then notes that provisional actuals fell short of budget estimates owing to lower net tax revenue, and S contrasts this with Budget 2018-19's high non-debt receipts target — a natural cause-and-effect pair. S6 ('This is also evident from the composition of non-debt receipts') caps the paragraph by pointing back to Q's breakdown. RSQP fails because R refers to figures not yet introduced and cannot open the sequence. Hence (D) QPRS is correct.