&8226;Read the text below about redundancies in the insurance industry. &8226;In most of the lines 34-45 there is one extra word. It is either grammatically incorrect or does not fit in with the sense of the text. Some lines, however, are correct. &8226;If a line is correct, write CORRECT on your Answer Sheet. &8226;If there is an extra word in the line, write the extra word in CAPITAL LETTERS on your answer sheet. &8226;The exercise begins with two examples, (0) and (00). Redundancies Threatened in Insurance Takeover Hundreds of insurance workers were facing redundancy last night after two companies announced as they were joining forces. The redundancies 34 are under threatened by a ￡4 billion takeover of Bastion Insurance 35 which has been a 17,500-strong workforce, by overseas rival Sunshine 36 Provincial, which employs a staff of 20,000. A spokesperson for 37 Bastion workers who accepted there would be rationalization of the two 38 companies' operations, causing redundancies. However, since there was 39 relief when workers heard the job losses would be nowhere near the 40 5,000 level initially were feared. These bigger cuts would have resulted if 41 Bastion had accepted that a bid from Total Insurance two weeks ago. It opted 42 instead of for joining up with Sunshine, whose employees are mostly based 43 abroad. The spokeperson added, 'Recently we were talking with about thousands of 44 redundancies, so this is at best for all. 'Experts predict that this is only one of many 45 such developments that can be expected in the insurance industry in the near future. (34)