In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.
We also need to work towards a re-engineering of procedures. It __________________ that fear of being scrutinised by the office of the Central Vigilance Commissioner has _________________ loan officers in the public sector into inaction. It is _______________ no use having a publicly-owned banking ___________ that does not extend credit to sound projects on grounds of __________________ scrutiny.