Directions: In the following questions two statements have been given with connectors given as options. You have to select that option which could connect both the sentences and make them grammatically and contextually correct.
1
I. The current changes in the tax rate would raise significant revenue.
 
II. Analysts believe the new tax rate would be very progressive.
» Explain it
E
Both statements supplement each other i.e. they add to each other and carry forward the idea. The best fit is option E-

I. In addition to the current changes in the tax rate raising significant revenues, analysts believe the new tax rate would be very progressive.

II. Analysts believe the new tax rate would be very progressive and furthermore, the current changes in the tax rate would raise significant revenue.

Hence, option E is correct.
2
I. Organizations want to cut costs and improve their agility to meet constantly changing consumer demands.
 
II. Today's employees crave flexibility and control of work in their hands.
» Explain it
C
Both the statements have the same tone while stating different sides of the same coin (organization and employees). Since they state perspectives which have the same direction, but cannot be used and option A is eliminated.
 
Option B is also incorrect since thereafter indicates something happening after another event. This is incorrect as there is no indication of a timeline here.

Option D is incorrect as from is used to indicate the point in time at which a particular process starts and is incorrect here. Beside means next to and is incorrect.

Option E clearly does not fit in meaningfully.

Option C is correct-

I. Whereas organizations want to cut costs and improve their agility to meet constantly changing consumer demands, today's employees crave flexibility and control of work in their hands.

II. Organizations want to cut costs and improve their agility to meet constantly changing consumer demands while today's employees crave flexibility and control of work in their hands.

Hence, option C is correct.
3
I. A few years ago, more than half of India’s banking sector had female chiefs.
 
II. India lags behind the world in female workforce participation, and is ranked 11th from the bottom among 131 countries..
» Explain it
B
Both the statements are contradictory.

Option A: In short is used to summarize a situation and this is not correct in the present context.
Option C: Further takes forward the same idea and is incorrect as both statements convey opposite ideas.
Option D: Again is incorrect.
Option E: Both the words are incorrect.
Option B: Both the connectors are correct-

I. A few years ago, more than half of India’s banking sector had female chiefs however, India lags behind the world in female workforce participation, and is ranked 11th from the bottom among 131 countries.

II. A few years ago, more than half of India’s banking sector had female chiefs nonetheless, India lags behind the world in female workforce participation, and is ranked 11th from the bottom among 131 countries.

Hence, option B is correct.
4
I. The Reserve Bank of India started an easing cycle in 2015.
 
II. It cut policy rates seven times and bond yields fell to levels not seen since the global financial crisis..
» Explain it
A
If we read both the statements, we find there is an element of time involved here. Statement I took place first and statement II later.

Option B- Meanwhile means in the meantime/simultaneously and is incorrect.  Otherwise does not fit in.
Option C-  Nearby is incorrect.
Option D- Both do not fit in meaningfully.
Option A is correct-

I. The Reserve Bank of India started an easing cycle in 2015, eventually cutting policy rates seven times and leading to bond yields falling to levels not seen since the global financial crisis.

II. The Reserve Bank of India started an easing cycle in 2015 and subsequently cut policy rates seven times, leading to bond yields falling to levels not seen since the global financial crisis.

Hence, option A is correct.
5
I. China has decided to ban the imports of plastic waste into the country.
 
II. A lot of countries will have to make new plans for their disposal.
» Explain it
D
Option C is incorrect as neither of the connectors fit in meaningfully.

Option A is correct
   I. China has decided to ban the imports of plastic waste into the country and now a lot of countries will have to make new plans for their disposal.
  II.  China has decided to ban the imports of plastic waste into the country and hence a lot of countries will have to make new plans for their disposal.

Option B is correct
   I. A lot of countries will have to make new plans for their disposal as China has decided to ban the imports of plastic waste into the country.
  II. A lot of countries will have to make new plans for their disposal since China has decided to ban the imports of plastic waste into the country.
 
Both A and B are correct.

Hence, option D is correct.