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Thus is the Oligopoly in the International Rating Market Perpetuated, Despite the Near-collapse of the Global Financial System Resulting from the Overenthusiastic Statistical Virtuosity - English Language

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Choose the most logical order of sentences from among the given choices to construct a coherent paragraph.

  1. Thus is the oligopoly in the international rating market perpetuated, despite the near-collapse of the global financial system resulting from the overenthusiastic statistical virtuosity of the ‘trusted’ large agencies.
  2. Yet, despite this reputation, they continue to be seen as a second-best option pending the day when Moody’s and S&P will see the light and establish microfinance rating divisions.
  3. It is well known to those engaged with microfinance that the activities of small, specialized raters have facilitated and enabled a substantial flow of funds from banks and investors into the microfinance institutions (MFIs), especially in India but also in other parts of the developing world.
  4. Surprising amounts of international donor funds have been devoted to inducing such an outcome to the detriment of the rating market and delaying the long-term acceptance of the specialized agencies.
  5. The four leading international microfinance raters (each a small agency) started within the past 8-10 years and have within the specialized world of microfinance established an excellent reputation for reliable assessment of MFIs.






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The paragraph talks about raters. 
Hence the sequence is C – E – B – D – A

Concept: Incorrect/Correct Sentences (Entrance Exams)
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