The steps involved in development of a project are given below. Arrange them in proper sequence:

(A) Selection of business idea for a detailed analysis from the competing ideas

(B) Project installation and initiation

(C) Feasibility analysis

(D) Identification of investment opportunity

(E) Arrangements for financing

Choose the correct answer from the options given below:

1
(D), (A), (C), (E), (B)
2
(A), (C), (E), (D), (B)
3
(B), (C), (A), (E), (D)
4
(C), (D), (E), (B), (A)

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