The given sentences, when properly sequenced, form a coherent paragraph. Each sentence is labelled with a letter. Choose the most logical order of the sentences from among the given choices to construct a coherent paragraph.
A) The rise in inflation is a global phenomenon.
B) Although the reserve bank of India recently signaled higher short term interest rates, by and large it has preferred to restrain an explosive growth of bank lending only in certain sectors where bubbles are seen to be developing.
C) Along with many other countries, India is learning that there are no simple solutions.
D) The central bank has to strive for a balance between the imperatives of holding the price line and meeting genuine credit requirements.
E) Restraining credit growth by raising interest rates has not always been feasible.
F) For policy makers, supply side solutions involve the balancing of conflicting interests.