Multiple choice

Directions: Arrange the following sentences to form a coherent paragraph.

A. The gut instincts that have made people like Warren Buffet such great fund managers were not allowed free play among the smart men and women handling the Asian (and for that matter other) funds. B. The safest way to ensure that the funds performed close to the benchmark was to buy blue chip stocks, which made up the region's main indexes. C. Their bosses - and, to be fair, their clients - were obsessed by performances linked to benchmark fund indexes such as the MSCI Emerging Markets index. D. The fund managers cannot be held solely to blame for relatively poor performance because there was a tendency in the fund management industry to give diminishing degrees of independence to those managing the funds.

  1. DACB

  2. ACBD

  3. BCAD

  4. BADC
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

This para jumble shows the strain of fund management, which is clear in statement D. Statement A is an explanation to D, i.e. about fund managers. Hence, D à A. Statement C follows A as it talks of bosses of fund managers in statement A. Finally, B sums up the paragraph. This makes (1) as the correct answer.

Keep practicing — related questions