Question

Directions: Sentences of a paragraph are given below in jumbled order. Arrange the sentences in the correct order to form a meaningful and coherent paragraph.

A: E-currency refers to digital or virtual currencies that are used for online transactions

B: Unlike physical currency, e-currencies exist solely in electronic form and are not issued by any central authority

C: Cryptocurrencies like Bitcoin and Ethereum are examples of e-currencies

D: They offer the potential for faster, borderless transactions and increased financial inclusion

E: However, they also raise concerns about regulatory oversight, security, and potential misuse

A CEABD Correct Answer Incorrect Answer
B ABCDE Correct Answer Incorrect Answer
C BACED Correct Answer Incorrect Answer
D ECADB Correct Answer Incorrect Answer
E DEACB Correct Answer Incorrect Answer

Solution

A: E-currency refers to digital or virtual currencies that are used for online transactions: This sentence introduces the topic of e-currency and provides a basic definition of what it is. B: Unlike physical currency, e-currencies exist solely in electronic form and are not issued by any central authority: This sentence contrasts e-currencies with physical currency, explaining that e-currencies are digital and don't have a central issuing authority like traditional currencies. C: Cryptocurrencies like Bitcoin and Ethereum are examples of e-currencies: This sentence provides specific examples of e-currencies by mentioning Bitcoin and Ethereum. D: They offer the potential for faster, borderless transactions and increased financial inclusion: This sentence elaborates on the advantages of e-currencies, highlighting their benefits such as faster transactions and increased accessibility to financial services. E: However, they also raise concerns about regulatory oversight, security, and potential misuse: This sentence presents the other side of the equation by mentioning the concerns associated with e-currencies, including regulatory challenges, security issues, and potential misuse for illegal activities.

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