The passage is filled with blanks which are numbered.Choose the correct word to fill up each of these blanks. A rise in crude beyond $100 per barrel will __(A)__out all the duty benefits and we will be back to square one even if prices are cut by Rs 25 per litre. This is exactly what happened

The passage is filled with blanks which are numbered.Choose the correct word to fill up each of these blanks.

A rise in crude beyond $100 per barrel will __(A)__out all the duty benefits and we will be back to square one even if prices are cut by Rs 25 per litre. This is exactly what happened in 2004-08 during the time of the first UPA. There was a __(B)__ for duty cuts as the government did not want to increase pump prices, but it was unable to __(C)__ and had to give in to __(D)__ demands from both within the party and in the coalition. When crude continued to rise, and duties could not be cut further, the government __(E)__ upon the __(F)__ scheme of subsidy, oil bonds which wrecked the fisc and __(G)__ inflation. The rest was history. There is a limit to how much you can cut duties. This belief that the common man will benefit doesn’t really __(H)__ as it does not take into account the international price scenario. If crude rises due to geopolitical tensions, there is very little that any government can do. Too many people argue about duty cuts without realising the damaging impact on government finances. Cutting duties blindly may actually do more harm than good. Sometimes it is best to let markets take their course without __(I)__ handed government __(J)__. 

Which of the following fits in the blank labelled(E)?
1). Embarked
2). Asked
3). Commuted
4). Rested

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