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Solutions
To acknowledge means to accept and admit that something is true. In this context, statement B uses the word (Vulnerability refers to the state of being exposed to be harmed or attacked). The word seems out of context in statements A and C. The best possible substitutions are:
Statement A: Paytm’s online retail business Paytm Mall, under Paytm E-Commerce Pvt. Ltd, saw its financials deteriorating with a loss of Rs. 1,787 crore on a total revenue of Rs. 774 crore.
Statement C : With technology as the backbone, we can create the ‘real global classroom’, where students irrespective of their geographical location, school infrastructure and proficiency levels will be able to access quality education through integrated learning platforms.
Note that statement C is based on the premise that technology will help students in overcoming obstacles and in achieving a quality education. Here, to say that the students will acknowledge quality education would be inaccurate and an understatement.
Thus, the correct answer is option 4.