Concept:The correct arrangement follows a subject–verb–object structure, where the main subject is placed first, followed by the verb and then the modifying phrases.
Explanation:The chunk "the Indian financial markets" (S) is the subject and should begin the sentence.
Next, the verb phrase "have grown substantially" (Q) logically follows the subject.
The phrase "in terms of trading volumes" (P) adds context to how the growth occurred.
Finally, "market capitalization and turnover" (R) completes the list of aspects that have grown.
Thus, the correct sequence is S → Q → P → R.
Answer:The correct rearrangement is SQPR, which corresponds to option D.