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Answer is B.

In a recently concluded Parliamentary session , the finance minister has decided that the distressed financial companies need a second,larger infusion of government bailout loans to stay afloat .

A) has decided that the distressed financial companies need --- contender but not appropriate in the timeline...has decided means the event has started from past and either still present or recently got over in present (so from past to present) but session concluded recently which demands past tense. In recently concluded session, minister decided.

B) decided that the distressed financial companies need --- contender and is the correct answer. In recently concluded session minister decided (the session is over and minister decided in the session which is also over). companies need can also be told to be in past as in the session all the event took place but companies need is a truth and hence needs present tense.

C)had decided that the distressed financial companies will need --- had decided and will need are different time events. financial companies need is the truth or current event and hence will need is not needed

D)decided that the distressed financial companies has a need for --- though has a need is in present but little awkward and not concise, can be better said as companies need

E)has decided that the distressed financial companies needed ---- different timeline and the one talked about (companies need) is in past tense does not make sense.

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