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Identify the correct word from the given options, which means the following:
Too much official formality
A) Delayed
B) Officiousness
C) Formality
D) Red tapism

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Answer
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Hint: There is a term allocated especially only for “Too much official formality” . which hinders good administration and economic prosperity in the country. It breeds a culture of inefficiency and corruption. Efforts should be undertaken to simplify laws and regulations, with a focus on eliminating delays in the government work culture. When you have to fill out a slew of inconvenient paperwork just to obtain a driver's licence, this is an example of a word.

Complete answer:
The use of a single word in place of a long phrase to make the sentence structure simpler is known as one-word substitution. With the phrase replaced, the meaning remains the same while the statement becomes shorter. Example -
Phrase - the one who doesn’t believe in god
One word for the above phrase - Atheist

Let us analyze the given options:
Option A) Delayed: 'Delayed' refers to anything occurring later than anticipated. Which is not the correct word for a given phrase in the question. Hence, this option is incorrect.
Option B) Officiousness: 'Officiousness' refers to a need to tell others what to do and an inflated sense of one's own value. So, this word’s meaning is not the same as a given phrase in the question. Hence, this option is incorrect.
Option C) Formality: 'Formality' refers to something that must be done but is irrelevant. The meaning of the word is not the same as a given phrase in the question. Hence, this option is incorrect.
Option D) Red tapism: Excessive control or strict adherence to formal rules is referred to as "red tapism."
Excessive paperwork and time-consuming processes are required before official action can be considered or completed. So, the meaning of the word is the same as the given phrase in the question.
Hence, this option is correct.

Therefore, Option ‘D’ i.e, Red tapism is the correct answer because it means too much official formality.

Note: Red tape is an idiom that refers to unnecessary, restrictive, or redundant legislation or compliance with formal rules or guidelines, as well as the bureaucracy that is said to obstruct or discourage action or decision-making. It's a term that's widely used to identify nations, corporations, and other large organizations.