The following sentences form a paragraph. The sentences are numbered as P, Q, R, S and T. These five parts are not given in proper order. Read the sentences and choose the alternative that arranges them in correct order.

P. In a report on the Asia Pacific region, Moody’s said that while policy stimulus will shore up credit quality for larger companies but the bank profitability will also decline from deteriorating asset quality and lower net interest margins.

Q. While repayment delays will provide temporary relief to borrowers, these directives will also constrain banks’ abilities to take proactive restructuring and recovery actions.

R. The loan moratorium that India, China and other countries have implemented amid the Covid-19 crisis will give borrowers temporary relief.

S. Financial regulators in China, Australia, Malaysia, India and some other Asian economies have enacted debt moratoriums to soften the liquidity crunch for businesses and households, Moody's said.

T. It will restrain banks from taking proactive recovery action and could widen their credit losses once the directive is withdrawn.