Please submit your concern

Explanation:

Option 1 with ‘should not go for global inorganic expansion’ is incorrect. Paragraph 3 explains the negative side to consolidation – that it may fail if there is no compatibility in the business cultures, among other reasons. However, it does not suggest that Indian banks should not go for global inorganic expansion.
There is nothing in the passage to support option 2.Option 3 with ‘cannot be global’ is too harsh, since the passage merely states that “it is unlikely that any of our banks will jump into the top ten of the global league even after reasonable consolidation.”Option 4 can be inferred from the last line of the penultimate paragraph.
Hence, the correct answer is option 4.