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Choose the word that has the same meaning and can be used in place of the italicized word given in the sentences-
1) The government decided to start a new series of lectures called the ‘Honour Lecture Series'.
2) The decision to set up a new university in that town was welcomed by the people.
a) Manage
b) Organize
c) Institute
d) Build
e) Plan

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Answer
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Hint: The word which can be used in place of the italicized words are synonyms of that same word, that's why they can be used to replace the original words.

Complete answer:
In the given question, we are provided with two sentences. There is one italicized word in each of the sentences. We have to find a word that is synonymous with both of them. The two words are – Start and set up.
Now, let us examine all the given options to find out the correct answer :
Option ‘a’ is Manage. It is a verb which means being in charge of a business, organization, or undertaking. For example It is hard to manage.
Option ‘b’ is Organize. It is a verb which means arrange systematically; in order. For example : The class is in order.
Option ‘c’ is Institute. It is a noun that means an organization having a particular purpose. For example An institute for poor people.
Option ‘d' is Build. It is a verb which means to construct something by putting parts or material together.
Option ‘e’ is Plan. It is a noun that means a detailed proposal for doing or achieving something. For example, The plan worked.
As we have analyzed all the given options, we can easily figure out the correct answer. Here, the word which can substitute the given word is – plan. Hence, option ‘e’ is the correct option.

Note:
All the other options are plausible distractions. You must know the meaning of all the given options. Don’t get confused between ‘build’ and ‘plan'.