Which of the following phrases (

• I , (I
• I , and (II
• I given below each sentence should replace the phrase printed in bold letters to make the sentence grammatically correct? Choose the best option among the five given alternatives that reflect the correct use of phrase in the context of the grammatically correct sentence. If the sentence is correct as it is, mark (e) i.e., 'No correction required'; as the answer. They ran the extended household with an iron fist keep a tight hold on expenses. 1. keeping a tight hold on 2. keeping a tight holding on to 3. by keeping a tight hold on