Directions: In the questions given below, a statement has been provided with a part of it highlighted in bold. You are required to replace this bold part with one of the options given below in order to make it contextually and grammatically meaningful. If the statement is correct, please mark option E- no correction required- as the answer.

Living conditions of a majority of the elderly population who are working or have worked in the informal sector are a matter of serious policy concern.

I. is at matter of serious

II. Are an matter of serious

III. Are a matter for serious