Three children P, Q, R and two grown-ups X, Y play a badminton doubles tournament. $X$ and $Y$ are parents to two of the children playing. The child of $X$ is not the same as the child of Y . Exactly one of the children does not have a parent playing in the tournament. The following rules are followed:

(i) A parent and his/her child cannot be on the same team.

(ii) A match can feature at most one parent and his/her child, that is, a maximum of one parent-child pair can play in a match.

$$ \text { The following matches were played: } $$

$$ \begin{array}{|l|c|c|} \hline & \text { TEAM 1 } & \text { TEAM2 } \\ \hline \text { MATCH 1 } & P \text { and } X & Q \text { and } R \\ \hline \text { MATCH 2 } & P \text { and } R & X \text { and } Y \\ \hline \text { MATCH 3 } & R \text { and } X & Q \text { and } Y \\ \hline \end{array} $$

Which one of the following options is correct?

The global financial crisis in 2008 is considered to be the most serious world-wide financial crisis, which started with the sub-prime lending crisis in USA in 2007. The sub-prime lending crisis led to the banking crisis in 2008 with the collapse of Lehman Brothers in 2008. The sub-prime lending refers to the provision of loans to those borrowers who may have difficulties in repaying loans, and it arises because of excess liquidity following the East Asian crisis. Which one of the following sequences shows the correct precedence as per the given passage?