Below a passage is given with eight blanks labelled (A)–(H). Below the passage, five options are given for each blank. Choose the word that fits the blank most appropriately in the context of the passage and mark the correct answer.

The Centre should disburse the GST compensation cess it receives, to the states on a real-time basis, ______(A)______ the normal bi-monthly schedule, given the current state of strained state government finances. Central devolutions would sharply decline due to the shortfall in tax revenues, and the increase in assorted cesses, the proceeds of which are not shared with the states. Opposition-ruled states have demanded, in addition to the release of the entire amount of GST compensation cess collected, the immediate release of their share of the Integrated Goods and Services Tax (IGST). This, too, is perfectly justified. These ______(B)______ belong to the states, and when the Centre holds back payment to the states, it behaves like big companies that delay payment to their small suppliers.
About 10 states have _____(C)_____ two options floated by the Centre of the states borrowing funds to compensate themselves for the _____(D)______ in GST collections, and want the Centre to borrow instead. They could explore legal options, if the GST Council fails to resolve the tussle over GST compensation in its meeting scheduled for October 12. When disputes arise between the Centre and the states concerning GST collections and their disbursal, how are these to be resolved? By consensus within the GST Council, ideally. The ideal world is only an ____(E)_____. That leaves voting by a majority. There should be a solution that lies between the elusive ideal and decision by force of numbers. The need is to have a separate dispute resolution mechanism that should _____(F)_____ disputes of this nature and give its recommendation to the GST Council. Let the final decision be taken by the GST Council itself, but let it consider the verdict of an expert body that examines and lists the pros and cons of the dispute before offering a ______(G)_____solution.
The dispute resolution body should have as members fiscal and legal experts, and, perhaps, a representative of the Finance Commission if it is functional. Its reasoned views could help strip the GST Council’s final call of ____(H)_____.