ankujgupta wrote:
Though I was able to mark the correct answer. But still want to understand, what does 'it' here refer to ? Is it for admission ? As pronoun can't refer to the clause, my guess is that it must be admission
Yes, your understanding is correct - "it" refers to the noun phrase "the nationwide admission of students to colleges and universities based on academic merit", not the whole clause "the nationwide admission of students to colleges and universities based on academic merit
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