A balanced question paper is one that has a question stem that presents the respondent with both (all reasonably plausible) sides of an issue. Balanced questions are generally closed-ended questions, but there is nothing inherently wrong with using open-ended questions in which the question stem is balanced.Once the teacher or the test constructor is aware of the characteristics that a good test must possess, s/he can proceed to construct a test, which may be either a unit test or a full-fledged question paper covering all the aspects of the syllabus. Whether the test is a unit test for use in classroom testing or a question paper for use in final examinations, the steps of test construction are the same, which are as follows:Prepare a Design: The first step in preparing a test is to construct a design. A test is not merely a collection of assorted questions, To be of any effective use, it has to be planned in advance keeping in view the objectives and the content of the course and the forms of questions to be used for testing these. Preparing a BluePrint: After deciding on the design of the test, the blueprint is prepared. The blueprint is a three-dimensional chart that shows the placement of each question in respect of the objective and the content area that it tests. It also indicates the marks carried by each question.Writing and editing the questions: After the blueprint is ready, questions are to be prepared according to the dimensions defined in the blueprint. Preparing the Scoring Key and the Marking Scheme: The scoring key is to be prepared for objective 'type questions and the marking scheme for other questions. The scoring key gives the alphabet of the correct answer and the marks carried by each question.Preparing Question-wise Analysis: After the question paper and marking scheme are finished, it is desirable to prepare a question-wise analysis. This analysis helps in tallying the questions in the test with the blueprint.So, it can be concluded that ii, iv, i, iii is the correct sequence.