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      Question

      The following questions contain three sentences

      labelled A, B, and C. When arranged properly, they form a coherent paragraph. Choose the correct order of sentences that best forms the paragraph. Β  A. This led to concerns about liquidity tightening. B. The central bank unexpectedly raised policy rates. C. Market participants began adjusting their expectations accordingly.
      A BAC Correct Answer Incorrect Answer
      B CAB Correct Answer Incorrect Answer
      C ACB Correct Answer Incorrect Answer
      D BCA Correct Answer Incorrect Answer
      E CBA Correct Answer Incorrect Answer

      Solution

      Explanation: B should come first because it introduces the main event: the central bank raising policy rates. C follows, since market participants would then begin adjusting their expectations in response to that move. A comes last because the concerns about liquidity tightening arise as a consequence of those changing expectations and the rate hike itself. The flow is: event β†’ market reaction β†’ resulting concern.

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