In the question below, a statement has been given with a word omitted. Following the statement, five words have been given and one of them will fit in the blank. Choose the most appropriate word to make the statement contextually correct and grammatically meaningful.

There is ___________because what they are earning is more than what they are paying.

Correct option is E

The correct word for the given blank is ‘surplus’
(a)cobble means a small round stone used to cover road surfaces.
(b)giant means an abnormally or extremely tall or large person, animal, or plant.
(c)pervasive means spreading widely throughout an area or a group of people.
(d)deficit means the amount by which something, especially a sum of money, is too small.
(e) surplus means an excess of income or assets over expenditure or liabilities in a given period, typically a financial year.