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Choose the choice which would best replace the underlined part of the given sentence.

Rahul Bajaj did a great job by taking his company to a dominant position but it is time he let go of the reins.

  1. But it is time he let go of the reins
  2. However it is time that he stepped down.
  3. It is perhaps an opportune moment to quit.
  4. But it is just as well that he calls it a day.
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