Understanding the Columnist's Argument:
Opposing Viewpoint: Some argue that the government shouldn't take over failing banks because it doesn’t know how to manage financial institutions.
Columnist's Rebuttal:
The government wouldn’t need to manage day-to-day operations; it would only need to appoint competent senior management.
Analogy: Politicians appoint top military officials (a huge responsibility) even though they’re not military professionals themselves.
Conclusion: If politicians can successfully appoint military leaders, they can also appoint competent bank managers.
What the Question Asks:
The columnist's statements, if true, provide a reason for rejecting which one of the following?
In other words, which option is contradicted or weakened by the columnist's argument?
Analyzing Each Option:
(A) Commanding a branch of the military requires greater knowledge than running a bank does.
The columnist doesn’t compare the difficulty of military command vs. banking. They only say that appointing military leaders is at least as great a responsibility.
Not directly challenged by the argument.
(B) Politicians do an adequate job of appointing the top military officials entrusted with defending the country.
The columnist assumes this is true (since they use it to argue that politicians can appoint bank managers well).
The argument supports this, not rejects it.
(C) Politicians are not capable of managing a bank's day-to-day operations.
The columnist agrees with this (they say the government wouldn’t manage day-to-day operations, only appoint managers).
Not rejected by the argument.
(D) Banks that are owned by the government cannot be well managed.
This is directly challenged by the columnist’s argument. They argue that government-owned banks can be well managed if the government appoints good leadership (just like with the military).
This is the correct answer.
(E) The government should not take over private-sector banks that are financially sound.
The columnist only discusses failing banks, not financially sound ones.
Irrelevant to the argument.
Conclusion:
The columnist's argument provides a reason to reject (D), because they argue that government-owned banks can be well managed if the government appoints competent leadership (just as it does with the military).
D