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Columnist: Some people argue that the government sh

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Columnist: Some people argue that the government sh  [#permalink]

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New post 22 Aug 2018, 05:40
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A
B
C
D
E

Difficulty:

  75% (hard)

Question Stats:

52% (01:55) correct 48% (02:04) wrong based on 126 sessions

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Columnist: Some people argue that the government should not take over failing private-sector banks because the government does not know how to manage financial institutions. However, rather than managing a bank's day-to-day operations, the government would just need to select the bank's senior management. Most politicians have never been military professionals, yet they appoint the top military officials entrusted with defending the country at least as great a responsibility as managing a bank.

The columnist's statements, if true, provide a reason for rejecting which one of the following?



A. Commanding a branch of the military requires greater knowledge than running a bank does.

B. Politicians do an adequate job of appointing the top military officials entrusted with defending the country.

C. Politicians are not capable of managing a bank's day-to-day operations.

D. Banks that are owned by the government cannot be well managed.

E. The government should not take over private- sector banks that are financially sound.



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Re: Columnist: Some people argue that the government sh  [#permalink]

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New post 22 Aug 2018, 16:15
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Columnist: Some people argue that the government should not take over failing private-sector banks because the government does not know how to manage financial institutions. However, rather than managing a bank's day-to-day operations, the government would just need to select the bank's senior management. Most politicians have never been military professionals, yet they appoint the top military officials entrusted with defending the country at least as great a responsibility as managing a bank.

The columnist's statements, if true, provide a reason for rejecting which one of the following?



A. Commanding a branch of the military requires greater knowledge than running a bank does. The knowledge required to run the banks isn't compared with knowledge required to run the military by the columnist.

B. Politicians do an adequate job of appointing the top military officials entrusted with defending the country. The columnist's argument depends on this assumption. So this must be true.

C. Politicians are not capable of managing a bank's day-to-day operations. It is stated that the politicians aren't required to run day to day operations of a bank. That doesn't always mean that they are incapable.

D. Banks that are owned by the government cannot be well managed. The columnist actually argue against this assumption of people. So it can be ruled out.

E. The government should not take over private- sector banks that are financially sound. The argument says nothing about financially sound banks.

Ans: D
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Re: Columnist: Some people argue that the government sh  [#permalink]

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New post 26 Aug 2019, 22:12
Can anyone please provide the detailed explanation.
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Re: Columnist: Some people argue that the government sh   [#permalink] 26 Aug 2019, 22:12
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