Direction: In the following question, two columns are given containing three phrases each. The phrases are labelled A, B and C in the first column and P, Q and R in the second column. A phrase from the first column may or may not connect with a phrase in the second column to make it grammatically and contextually meaningful sentence. Identify the correct option given below that gives the correct sequence in which one or more sentences can be formed. If one of the options makes it possible for a meaningful sentence to be formed, indicate 'None of these' as your answer.

Column 1 Column 2

(A)At present, the central government decides which state-run refinery gets how much crude from each producer. Post this, the price is worked out on a traditional formula (P) producers will be free to sell oil from their fields in the domestic market.

(B)Condition in Production Sharing Contracts (PSC) to sell crude oil to the government or its nominee or government companies will be waived (Q)boost the Centre's royalty and cess income as they are charged as a percent of the price.

(C)The Cabinet has approved the deregulation of the sale of domestically-produced crude oil (R) with Brent as a marker, instead of the global practice of a ‘five-cut’ – or yield of five most-used refined products – norm.

Question

Column 1	Column 2
(A)At present, the central government decides which state-run refinery gets how much crude from each producer. Post this, the price is worked out on a traditional formula	(P) producers will be free to sell oil from their fields in the domestic market.
(B)Condition in Production Sharing Contracts (PSC) to sell crude oil to the government or its nominee or government companies will be waived	(Q)boost the Centre's royalty and cess income as they are charged as a percent of the price.
(C)The Cabinet has approved the deregulation of the sale of domestically-produced crude oil	(R) with Brent as a marker, instead of the global practice of a ‘five-cut’ – or yield of five most-used refined products – norm.