Pick the most effective word from the given options to fill in the blank so that the sentence becomes meaningful and correct: Hari got the company car for a _____ price as he was the senior most employee in the company.

Introduction / Context:
This question checks your understanding of adjectives commonly used to describe the price of an item, especially when the price is very low or symbolic. The sentence talks about Hari getting a company car for a special price due to his seniority. You need to pick the adjective that most accurately expresses the idea that the price was very small compared to the actual value of the car.

Given Data / Assumptions:
- Sentence: Hari got the company car for a _____ price as he was the senior most employee in the company. - Options: Reduced, Discounted, Fixed, Nominal. - The chosen word should match common business usage in describing a very low special price.

Concept / Approach:
The key idea is that a company may offer a very low or token amount to a long serving employee when selling an asset. In English, a nominal price means a price that is small and not truly reflective of the real value, often charged only as a formality. Reduced and discounted prices are lower than usual, but do not necessarily convey that the amount is almost symbolic. Fixed price means a price that does not change. Therefore, nominal is the most precise word to describe a very small, special price given as a favour or privilege.

Step-by-Step Solution:
Step 1: Consider option A, Reduced. A reduced price is simply a lowered price, which might still be substantial. The sentence suggests something more special due to seniority. Step 2: Consider option B, Discounted. A discounted price is lower than the normal price because of a discount. Again, this does not necessarily emphasise that the price is very small or merely token. Step 3: Consider option C, Fixed. A fixed price is one that is not negotiable, which does not relate to being especially low. Step 4: Consider option D, Nominal. A nominal price is a very small price, often much lower than the true value of the item, charged only as a formality. This fits the context where a senior employee receives a special benefit.

Verification / Alternative check:
Insert each option into the sentence. Saying Hari got the company car for a nominal price strongly implies he got it very cheaply as a mark of appreciation. Saying reduced or discounted price makes the transaction sound like a standard sale with a typical discount, which does not fully reflect the special privilege implied by senior most employee. Fixed price does not add any sense of benefit. Therefore, nominal provides the most suitable and precise meaning in the context.

Why Other Options Are Wrong:
Reduced is wrong because it suggests only that the price has been lowered, without highlighting that it was unusually small. Discounted is wrong because it sounds like a regular commercial discount rather than a symbolic or token price offered as a privilege. Fixed is wrong because it relates to negotiability of the price, not to its level relative to the value of the car.

Common Pitfalls:
Learners sometimes confuse nominal price with normal price because the words sound similar. In fact, nominal price often means much lower than normal. Another pitfall is choosing a word that is roughly related to price reductions without asking if it fully fits the context of special treatment. To avoid this, build a habit of associating nominal with token amounts, such as nominal fee, nominal rent, or nominal charge, especially in examples where the real value is much higher.

Final Answer:
The correct word to complete the sentence is Nominal, giving Hari got the company car for a nominal price as he was the senior most employee in the company.