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Option 1 : Boring 

Explanation:

Single-point cutting tool: 

It is a type of cutting tool that removes material by means of one cutting edge. It involves the processes of turning, facing, slotting, planning, shaping and boring etc. 

Turning: 

  • Turning is the most common lathe machining operation in which the tool removes material from the outside diameter of a rotating workpiece
  • It is done with the help of single point cutting tool

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