Question Description
DIRECTIONS for the question: Identify the most appropriate summary for the paragraph.If you still think 2008 and the financial crisis changed everything, still think of it as a progressive triumph, think again. Instead of the brave new world of reformed finance, whats been created in the US is something close to a perfect world, policy-wise, for the plutocrats. The biggest rewards have come from an economic policy, backed by the Federal Reserve and the administration, that has maintained ultra-low interest rates. This has forced investors into the market, at the expense of middle-class savers, particularly the elderly. The steady supply of bond purchases has essentially given free money to those least in need and most likely to do damage to everyone else. The results make a mockery of the Democrats attempts to stoke populist sentiments. In this recovery, the top 1% gained 11% in their incomes while the other 99% experienced, at best, stagnant incomes. As one writer at the Huffington Post put it: "The rising tide has lifted fewer boats during the Obama years " and the ones its lifted have been mostly yachts."a)Post the financial crises of 2008, plutocrats have found renewed strength with the help of the government and have managed to offset the heavy losses they sufferedb)Post the significant financial crises of 2008, the US financial world and administration has cleverly manipulated the context and ensured that those who not deserve any help get the maximum possible aidc)In a post-crises scenario, the US financial world and administration has belied expectations by continuing profligate measures of the pastd)In a post 2008 financial crises scenario, the US financial world and administration has cleverly managed to run an agenda that actually helps those who do not need help, and does not get rid of malice of the financial world it was supposed toCorrect answer is option 'D'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about DIRECTIONS for the question: Identify the most appropriate summary for the paragraph.If you still think 2008 and the financial crisis changed everything, still think of it as a progressive triumph, think again. Instead of the brave new world of reformed finance, whats been created in the US is something close to a perfect world, policy-wise, for the plutocrats. The biggest rewards have come from an economic policy, backed by the Federal Reserve and the administration, that has maintained ultra-low interest rates. This has forced investors into the market, at the expense of middle-class savers, particularly the elderly. The steady supply of bond purchases has essentially given free money to those least in need and most likely to do damage to everyone else. The results make a mockery of the Democrats attempts to stoke populist sentiments. In this recovery, the top 1% gained 11% in their incomes while the other 99% experienced, at best, stagnant incomes. As one writer at the Huffington Post put it: "The rising tide has lifted fewer boats during the Obama years " and the ones its lifted have been mostly yachts."a)Post the financial crises of 2008, plutocrats have found renewed strength with the help of the government and have managed to offset the heavy losses they sufferedb)Post the significant financial crises of 2008, the US financial world and administration has cleverly manipulated the context and ensured that those who not deserve any help get the maximum possible aidc)In a post-crises scenario, the US financial world and administration has belied expectations by continuing profligate measures of the pastd)In a post 2008 financial crises scenario, the US financial world and administration has cleverly managed to run an agenda that actually helps those who do not need help, and does not get rid of malice of the financial world it was supposed toCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTIONS for the question: Identify the most appropriate summary for the paragraph.If you still think 2008 and the financial crisis changed everything, still think of it as a progressive triumph, think again. Instead of the brave new world of reformed finance, whats been created in the US is something close to a perfect world, policy-wise, for the plutocrats. The biggest rewards have come from an economic policy, backed by the Federal Reserve and the administration, that has maintained ultra-low interest rates. This has forced investors into the market, at the expense of middle-class savers, particularly the elderly. The steady supply of bond purchases has essentially given free money to those least in need and most likely to do damage to everyone else. The results make a mockery of the Democrats attempts to stoke populist sentiments. In this recovery, the top 1% gained 11% in their incomes while the other 99% experienced, at best, stagnant incomes. As one writer at the Huffington Post put it: "The rising tide has lifted fewer boats during the Obama years " and the ones its lifted have been mostly yachts."a)Post the financial crises of 2008, plutocrats have found renewed strength with the help of the government and have managed to offset the heavy losses they sufferedb)Post the significant financial crises of 2008, the US financial world and administration has cleverly manipulated the context and ensured that those who not deserve any help get the maximum possible aidc)In a post-crises scenario, the US financial world and administration has belied expectations by continuing profligate measures of the pastd)In a post 2008 financial crises scenario, the US financial world and administration has cleverly managed to run an agenda that actually helps those who do not need help, and does not get rid of malice of the financial world it was supposed toCorrect answer is option 'D'. Can you explain this answer?.

Solutions for DIRECTIONS for the question: Identify the most appropriate summary for the paragraph.If you still think 2008 and the financial crisis changed everything, still think of it as a progressive triumph, think again. Instead of the brave new world of reformed finance, whats been created in the US is something close to a perfect world, policy-wise, for the plutocrats. The biggest rewards have come from an economic policy, backed by the Federal Reserve and the administration, that has maintained ultra-low interest rates. This has forced investors into the market, at the expense of middle-class savers, particularly the elderly. The steady supply of bond purchases has essentially given free money to those least in need and most likely to do damage to everyone else. The results make a mockery of the Democrats attempts to stoke populist sentiments. In this recovery, the top 1% gained 11% in their incomes while the other 99% experienced, at best, stagnant incomes. As one writer at the Huffington Post put it: "The rising tide has lifted fewer boats during the Obama years " and the ones its lifted have been mostly yachts."a)Post the financial crises of 2008, plutocrats have found renewed strength with the help of the government and have managed to offset the heavy losses they sufferedb)Post the significant financial crises of 2008, the US financial world and administration has cleverly manipulated the context and ensured that those who not deserve any help get the maximum possible aidc)In a post-crises scenario, the US financial world and administration has belied expectations by continuing profligate measures of the pastd)In a post 2008 financial crises scenario, the US financial world and administration has cleverly managed to run an agenda that actually helps those who do not need help, and does not get rid of malice of the financial world it was supposed toCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.

Here you can find the meaning of DIRECTIONS for the question: Identify the most appropriate summary for the paragraph.If you still think 2008 and the financial crisis changed everything, still think of it as a progressive triumph, think again. Instead of the brave new world of reformed finance, whats been created in the US is something close to a perfect world, policy-wise, for the plutocrats. The biggest rewards have come from an economic policy, backed by the Federal Reserve and the administration, that has maintained ultra-low interest rates. This has forced investors into the market, at the expense of middle-class savers, particularly the elderly. The steady supply of bond purchases has essentially given free money to those least in need and most likely to do damage to everyone else. The results make a mockery of the Democrats attempts to stoke populist sentiments. In this recovery, the top 1% gained 11% in their incomes while the other 99% experienced, at best, stagnant incomes. As one writer at the Huffington Post put it: "The rising tide has lifted fewer boats during the Obama years " and the ones its lifted have been mostly yachts."a)Post the financial crises of 2008, plutocrats have found renewed strength with the help of the government and have managed to offset the heavy losses they sufferedb)Post the significant financial crises of 2008, the US financial world and administration has cleverly manipulated the context and ensured that those who not deserve any help get the maximum possible aidc)In a post-crises scenario, the US financial world and administration has belied expectations by continuing profligate measures of the pastd)In a post 2008 financial crises scenario, the US financial world and administration has cleverly managed to run an agenda that actually helps those who do not need help, and does not get rid of malice of the financial world it was supposed toCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of DIRECTIONS for the question: Identify the most appropriate summary for the paragraph.If you still think 2008 and the financial crisis changed everything, still think of it as a progressive triumph, think again. Instead of the brave new world of reformed finance, whats been created in the US is something close to a perfect world, policy-wise, for the plutocrats. The biggest rewards have come from an economic policy, backed by the Federal Reserve and the administration, that has maintained ultra-low interest rates. This has forced investors into the market, at the expense of middle-class savers, particularly the elderly. The steady supply of bond purchases has essentially given free money to those least in need and most likely to do damage to everyone else. The results make a mockery of the Democrats attempts to stoke populist sentiments. In this recovery, the top 1% gained 11% in their incomes while the other 99% experienced, at best, stagnant incomes. As one writer at the Huffington Post put it: "The rising tide has lifted fewer boats during the Obama years " and the ones its lifted have been mostly yachts."a)Post the financial crises of 2008, plutocrats have found renewed strength with the help of the government and have managed to offset the heavy losses they sufferedb)Post the significant financial crises of 2008, the US financial world and administration has cleverly manipulated the context and ensured that those who not deserve any help get the maximum possible aidc)In a post-crises scenario, the US financial world and administration has belied expectations by continuing profligate measures of the pastd)In a post 2008 financial crises scenario, the US financial world and administration has cleverly managed to run an agenda that actually helps those who do not need help, and does not get rid of malice of the financial world it was supposed toCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for DIRECTIONS for the question: Identify the most appropriate summary for the paragraph.If you still think 2008 and the financial crisis changed everything, still think of it as a progressive triumph, think again. Instead of the brave new world of reformed finance, whats been created in the US is something close to a perfect world, policy-wise, for the plutocrats. The biggest rewards have come from an economic policy, backed by the Federal Reserve and the administration, that has maintained ultra-low interest rates. This has forced investors into the market, at the expense of middle-class savers, particularly the elderly. The steady supply of bond purchases has essentially given free money to those least in need and most likely to do damage to everyone else. The results make a mockery of the Democrats attempts to stoke populist sentiments. In this recovery, the top 1% gained 11% in their incomes while the other 99% experienced, at best, stagnant incomes. As one writer at the Huffington Post put it: "The rising tide has lifted fewer boats during the Obama years " and the ones its lifted have been mostly yachts."a)Post the financial crises of 2008, plutocrats have found renewed strength with the help of the government and have managed to offset the heavy losses they sufferedb)Post the significant financial crises of 2008, the US financial world and administration has cleverly manipulated the context and ensured that those who not deserve any help get the maximum possible aidc)In a post-crises scenario, the US financial world and administration has belied expectations by continuing profligate measures of the pastd)In a post 2008 financial crises scenario, the US financial world and administration has cleverly managed to run an agenda that actually helps those who do not need help, and does not get rid of malice of the financial world it was supposed toCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of DIRECTIONS for the question: Identify the most appropriate summary for the paragraph.If you still think 2008 and the financial crisis changed everything, still think of it as a progressive triumph, think again. Instead of the brave new world of reformed finance, whats been created in the US is something close to a perfect world, policy-wise, for the plutocrats. The biggest rewards have come from an economic policy, backed by the Federal Reserve and the administration, that has maintained ultra-low interest rates. This has forced investors into the market, at the expense of middle-class savers, particularly the elderly. The steady supply of bond purchases has essentially given free money to those least in need and most likely to do damage to everyone else. The results make a mockery of the Democrats attempts to stoke populist sentiments. In this recovery, the top 1% gained 11% in their incomes while the other 99% experienced, at best, stagnant incomes. As one writer at the Huffington Post put it: "The rising tide has lifted fewer boats during the Obama years " and the ones its lifted have been mostly yachts."a)Post the financial crises of 2008, plutocrats have found renewed strength with the help of the government and have managed to offset the heavy losses they sufferedb)Post the significant financial crises of 2008, the US financial world and administration has cleverly manipulated the context and ensured that those who not deserve any help get the maximum possible aidc)In a post-crises scenario, the US financial world and administration has belied expectations by continuing profligate measures of the pastd)In a post 2008 financial crises scenario, the US financial world and administration has cleverly managed to run an agenda that actually helps those who do not need help, and does not get rid of malice of the financial world it was supposed toCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice DIRECTIONS for the question: Identify the most appropriate summary for the paragraph.If you still think 2008 and the financial crisis changed everything, still think of it as a progressive triumph, think again. Instead of the brave new world of reformed finance, whats been created in the US is something close to a perfect world, policy-wise, for the plutocrats. The biggest rewards have come from an economic policy, backed by the Federal Reserve and the administration, that has maintained ultra-low interest rates. This has forced investors into the market, at the expense of middle-class savers, particularly the elderly. The steady supply of bond purchases has essentially given free money to those least in need and most likely to do damage to everyone else. The results make a mockery of the Democrats attempts to stoke populist sentiments. In this recovery, the top 1% gained 11% in their incomes while the other 99% experienced, at best, stagnant incomes. As one writer at the Huffington Post put it: "The rising tide has lifted fewer boats during the Obama years " and the ones its lifted have been mostly yachts."a)Post the financial crises of 2008, plutocrats have found renewed strength with the help of the government and have managed to offset the heavy losses they sufferedb)Post the significant financial crises of 2008, the US financial world and administration has cleverly manipulated the context and ensured that those who not deserve any help get the maximum possible aidc)In a post-crises scenario, the US financial world and administration has belied expectations by continuing profligate measures of the pastd)In a post 2008 financial crises scenario, the US financial world and administration has cleverly managed to run an agenda that actually helps those who do not need help, and does not get rid of malice of the financial world it was supposed toCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice CAT tests.