Explanation
1. Identify the Opening Statement
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Statement R provides a broad historical context ("Over the last few years...") regarding the RBI's actions, making it a strong introductory sentence.
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Statement Q and S discuss specific upcoming actions, which usually follow a general introduction.
2. Look for Mandatory Pairs
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Statement P mentions "The logic that underlines this is two-fold." The word "this" must refer to a specific action or prediction mentioned previously.
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Statement Q ("RBI is likely to cut...") provides the prediction that requires a logical explanation. Therefore, Q and P form a mandatory pair (QP).
3. Establish the Logical Flow
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R (Introduction): RBI has been trying to implement policy changes over the years.
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P (Transition): Introduces that there is a "two-fold" logic behind the current strategy/situation.
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S (Specific Detail): Mentions a specific source-based report about a bank rate cut in April.
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Q (Conclusion/Prediction): Concludes with the likelihood of both bank rate and CRR cuts.
4. Verify the Sequence
Following the logical progression from general policy to specific logic and then to the predicted outcome, the most coherent sequence is RPSQ.
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R: General background of RBI policy changes.
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P: Reference to the underlying logic.
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S: Specific timing of the expected change (April).
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Q: Summary of the expected cuts (Bank rate and CRR).
The correct logical order is RPSQ.
Correct Option: (b)