1.

I. The IMF is cheerful because it has painted a rosy picture of the world economy in its latest forecast for global growth. II. The IMF’s latest forecast for global growth painted a relatively rosy outlook for the world economy. III. The IMF is optimistic about the world economy as seen in its latest forecast for global growth. IV. As the world economy’s outlook is optimistic, the IMF’s latest forecast on global growth confirms the same.

A. Only I and III
B. Only II and III
C. Only I, II and IV
D. Only II, III and IV
E. All of the above
Answer» C. Only I, II and IV


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