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Get access to the detailed solutions to the previous years questions asked in IIFT exam
Explanation:
Statements I and III capture the true essence of the passage. Statements II and IV are the supporting ideas to strengthen the main idea. Government economic release in the passage is not the main point which author makes in the passage. " irrational overreaction to key regulators" is used to elaborate the idea but is not the main point of the author.
Hence, option C is the correct answer.