Correct Answer - Option 1 : 5, 2, 3, 4, 1
The logical and meaningful sequence of the words is shown below:
5. Participants
2. Competition
3. Marking by Judges
4. Winner
1. Prize
Participants participate in a competition, after which their performance is marked by judges on the basis of which winner is chosen and finally prize is given to the winner.
Hence, '5, 2, 3, 4, 1' is the correct answer.