Directions: The sentence has four underlined words or phrases. The four underlined parts of the sentence are marked (1), (2), (3) and (4). Identify the underlined word or phrase that must be changed in order for the sentence to be correct.
Anil Ambani, (1) the Chairman of Reliance Energy Ltd, (2) is one of the (3) renowned and respected (4) businessman of India.
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