PrepTest 77, Section 3, Question 10
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.
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.
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.
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 reason for rejecting which one of the following?
Commanding a branch of the military requires greater knowledge than running a bank does.
Politicians do an adequate job of appointing the top military officials entrusted with defending the country.
Politicians are not capable of managing a bank's day-to-day operations.
Banks that are owned by the government cannot be well managed.
The government should not take over private-sector banks that are financially sound.
Explanations
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