Directions (Q1 - Q5): Rearrange the following sentences in the proper sequence to form a meaningful paragraph then answer the following questions.
- A. “These are old rates and we have filed new rates with better yields and, hopefully, our new annuity products will be approved soon,” says Kshitij Jain, CEO, Exide Life Insurance.
- B. For many investors, buying an annuity is a compulsory evil and when they retire at 60, investors in the New Pension Scheme have to put at least 40% of their corpus in an annuity.
- C. Exide Life Insurance, for instance, is offering less than 5% on the annuity option that returns the corpus after the investor’s death.
- D. If you opt for a sweep-in account, you could earn more by just keeping your money in the bank.
- E. This is similar to the return offered by your savings bank on the balance in your account.
Q1. Which of the following should be the FIRST sentence after rearrangement ?
Answer - Option C
Explanation - The Correct Sequence
CEDAB
Q2. Which of the following should be the THIRD sentence after rearrangement ?
Answer - Option D
Explanation - The Correct Sequence
CEDAB
Q3. Which of the following should be the LAST (FIFTH) sentence after rearrangement ?
Answer - Option B
Explanation - The Correct Sequence
CEDAB
Q4. Which of the following should be the SECOND sentence after rearrangement ?
Answer - Option E
Explanation - The Correct Sequence
CEDAB
Q5. Which of the following should be the FOURTH sentence after rearrangement ?
Answer - Option A
Explanation - The Correct Sequence
CEDAB