You are going to read a text about recommendations related to bank ownership structure. Some sentences are missing from the text. Choose from the list (A-C) the most appropriate sentences to complete the text. There is also an extra sentence that you do not need to use.

In June 2020, RBI set up an internal committee to examine issues related to bank ownership structure, among other things. 1) _________ Last week, RBI announced that it accepted 21 of the 33 recommendations of the internal committee. 2) _________. It should be rejected because in the Indian context, the risks outweigh potential benefits. In addition, traditional banking faces existential challenges, which is where regulatory attention will increase.

A. RBI had an unsatisfactory record in its role as banking supervisor.

B. The one related to industrial houses was not accepted; it remains under examination.

C. One recommendation, allowing industrial houses to promote banks, triggered wide debate.