In the following questions, each sentence has two blanks. Choose the appropriate set of words for the blanks that best fits in the context of the sentence.
The newly proposed industrial policy aims to ______________ investment opportunities and ______________ the ease of doing business in the state.

The sentence talks about a policy that aims to improve the economic environment.
"attract investment opportunities" and "enhance the ease of doing business" both logically fit this positive intention.
Option A (“discourage, worsen”), C (“regulate, suppress”), and D (“reduce, deteriorate”) all convey negative or restrictive meanings which do not align with the intended purpose of an industrial policy designed to encourage growth.
Option B uses “attract” and “enhance”, which are both positive and appropriate.
So, the sentence becomes:
The newly proposed industrial policy aims to attract investment opportunities and enhance the ease of doing business in the state.