Para Summary Quiz Question - 8

 The financial and economic crisis that erupted in 2008 will, in retrospect, be regarded as a transformative moment, because it raised fundamental questions about the future shape of our economic systems. These questions are not so much about the end of capitalism as some perceive or even desire but rather about the different ways in which capitalism is understood in different countries.

(a)     In retrospect, the economic crisis of 2008 raised fundamental questions about the future of capitalism working in different countries.

(b)  In retrospect, the crisis that erupted in 2008 was not about the failure of capitalism as some see it, but about the differences between countries.

(c)   In retrospect, the economic crisis of 2008 was not about the end of capitalism, but about how capitalism is understood in different countries.

(d)    In retrospect, the crisis that erupted in 2008 was not fundamentally about the end of capitalism but about the future of capitalism in different countries.

(e)   The economic crisis of 2008 did not signal the end of capitalism of its future but how it is understood in different countries.

Answer & Explaination

Ans.(c)

Sol. Option (A) is contrary to the passage. Options (B) and (D) fail to mention “economic crisis.” Option (E) distorts the idea in “did not signal the end of capitalism or its future.” Option (C) – though it does not include the perception or desire of some people to see the crisis as the end of capitalism, captures the essence without distortion.