This sentence talks about the role of the press and why even a dictator cannot do without it. The first blank needs a verb that fits with "the role of the Press" as its subject, and the second blank needs a verb that fits what a dictator wants the press to do with his ideology.
The correct pair is "Minimized ..... reflecting", since even a dictator cannot reduce the importance of the press because he needs it to reflect his own ideology and policies to the people.
Let's summarize:
So the correct option is (b), "Minimized ..... reflecting".
If the price of a commodity increases by 25%, by what percentage should the consumption be reduced to keep the expenditure the same?