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Option 2 : 2
The correct answer is option 2.
The subject in the sentence is a singular noun which means that the be-verb to be used should also be singular i.e. ‘is’. The verb ‘are’ is then not suitable to be used on the sentence since it is usually used for plural nouns.
Correct sentence-The economic forum is preparing to organize a fundraising event in the college next Sunday.
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