Slashing fuel taxes could calm inflation owing to GST deadline extensions ........

English ( Master) Sentence Completion

A sentence is given with a phrase being compressed. You need to find out the correct option which fulfils the blank grammatically and logically correct. If none of the given options is correct choose “None of the Above” as your answer.

Slashing fuel taxes could calm inflation, _________________________________________owing to GST deadline extensions.

but it would hit revenue collections that are already uncertain

but it will hit revenue collections that is already uncertain

but it will hit revenue collections that are already uncertain

but it would hit revenue collections that is already uncertain

none of the above

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Explanation:

Correct Answer is (a).
I for the word taxes are is used instead of is which eliminates option II and IV. As the sentence is hypothetical so we use would instead of will which makes option I correct.