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Choose the word which can be substituted for the given sentence/phrase.
Yearly celebration of a date or an event.

a) Centenary
b) Jubilee
c) Anniversary
d) Birthday

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Answer
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Hint: All the options are celebrations of some occasion or event at a very specific time interval.

Complete answer:

Going through each option, one by one, we can understand that,
Centenary means ‘hundredth anniversary of a significant event’, this is clearly not the definition given in the question, which asks for a yearly celebration, hence option ‘a’ is incorrect.

Option b, Jubilee is defined as a special anniversary of an event, especially one celebrating twenty-five or fifty years of a reign or activity, again this is not matching with the phrase given, which asks for an annual event, making it the incorrect alternative for our question.

Anniversary means the date on which an event took place or an institution was founded in a previous year, it is celebrated each year. Now, this term matches the phrase defined above, hence option c is the correct answer.

We all are aware of the meaning of Birthday, it is basically the anniversary of the day on which a person was born, typically treated as an occasion for celebration and the giving of gifts. And therefore, option d is also incorrect.

Note: Always try to recall the meaning of each option, one at a time and try matching it with the phrase given in the question. The options look more or less the same at the first glance.