In the following question, two columns are given, containing three phrases each. A phrase from the first column may or may not connect with a phrase from the second column to make a grammatically and contextually correct sentence. There are five options, four of which display the sequence(s) in which the phrases can be joined to form a correct sentence. If none of the phrases make a correct sentence, mark ‘None of these’ as your answer.

Column (1)	Column (2)
(A) It would surely have been instructive	(D) for the creditors to revisit the Chapter 11 bankruptcies.
(B) It will be crucial for policymakers	(E) to review several issues that affect viability.
(C) The carriers too need to reappraise	(F) their pricing strategies to cope with the new situation.