"Inaugurates" most often means to introduce or to start something, for example a policy or period. It can also specifically refer to admitting someone into public office (i.e. "We will inaugurate the new president next week"), or signifying the first use of a public organization or project (i.e. "Will you be attending the park's inauguration on May 1st?").
Im not sure best guess is B
A ballad is a type of poem that tells a story and was traditionally set to music. English language ballads are typically composed of four-line stanzas that follow an ABCB rhyme scheme. ... The last line of each stanza is a refrain
