Step 1 — Read the scrambled parts:
A. but there is some merit in it
B. as distinct from consumption
C. bifurcation of plan and non-plan funds
D. in sfar as it focuses attention on development expenses
E. in the budget is artificial
Step 2 — Find the logical starting point:
Part C begins with "bifurcation of plan and non-plan funds," which looks like the subject of the sentence. So, the sentence must start with C.
Step 3 — Connect the next logical part:
After "bifurcation of plan and non-plan funds," the phrase "in the budget is artificial" (Part E) naturally follows. So, the sequence so far is CE.
Step 4 — Add the contrast clause:
After saying it is artificial, the sentence introduces a contrast with "but there is some merit in it" (Part A). Thus, the sequence is CEA.
Step 5 — Extend the explanation:
The merit is explained by "in so far as it focuses attention on development expenses" (Part D). So the sequence is CEAD.
Step 6 — Complete the meaning:
Finally, "as distinct from consumption" (Part B) correctly ends the sentence. The final order is CEABD.
Reconstructed Sentence:
"Bifurcation of plan and non-plan funds in the budget is artificial, but there is some merit in it in so far as it focuses attention on development expenses as distinct from consumption."
Final Answer:
The correct option is (C) : CEABD.