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Explanation:

The order in which the (CEOs, MDs) combinations spoke can be given as

1 - (Mr. D’Souza, Mr. Arora), 2 - (Mr. Puri, Mr. Karare), 3 - (Mr. Sethi, Mr. Tandon) and 4 - (Mr. Bisht, Mr. Reddy)

It can be seen that Mr. Puri spoke before Mr. Reddy.

Hence, option (c).

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