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(b) In statement I, use of a word with vowel sound after the indefinite article ‘a’ makes the sentence grammatically incorrect. In statement II, the phrase is incorrectly used as the sentence implies that due to the announcement of the merger the share prices will increase sharply. In statement III, usage of past verb ‘indulged’ after preposition ‘to’ makes the statement grammatically incorrect. The phrase ‘ramp up’ means ‘increase the level or amount of something sharply’. It goes with the context of the sentences given above. Hence, option B is the correct answer.
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