In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.

The mushrooming of instant loan apps without RBI recognition as NBFCs, typically disbursing small loans without collateral at usurious rates of interest and short repayment windows has become a new headache for law ___(1)___ agencies across the country. Last month, Telangana police requested Google to take down a whopping 158 such apps from its Play Store. A Chinese link to many apps has also surfaced, with the arrest of four Chinese nationals by various police teams. Given the ___(2)___ nature of the internet and the huge market for such risky loans, government agencies could always be playing catch up. Making matters worse is a combination of poor digital and financial literacy amid a pandemic that has ___(3)___ financial distress without proportionate institutional credit support for young, cash strapped people. Customers downloading the apps cede access to their phone contacts and photo gallery. Applying for a loan seems easy as it requires submitting a copy of Aadhaar, bank details, a selfie, and other personal information – after which the loan is credited directly ___(4)___ the bank account. But realisation dawns late on customers lulled into a false sense of security by the “faceless” nature of the loan transaction. Defaulters have had to contend with threatening calls from call centres and collection agents, besides ___(5)___ shamed through messages to their phone contacts. RBI last month cautioned people about the risks of dealing with unregistered loan app entities. But it really needs to step up its communication strategy to both impart basic financial literacy and caution people when it picks up something on its radar. Online transactions will only grow from hereon because of their inherent convenience. India’s regulatory system needs to be alive to emerging risks.