Directions: Pick out the most effective form of the word from the given options to fill in the blanks to make the sentence meaningfully complete.
Laxmi Vilas Bank had _______ merger talks with Clix after RBI rejected an early proposal to _______ with Indiabulls Housing Finance.
1
initiating, merging
2
initiates, merges
3
initiated, merged
4
initiated, merge
5
initiate, merge