Question
What message does Professor Ferguson intend to convey when he says that 'Finance evolves through natural selection'?
Answer: Option C
:
C
See the fifth paragraph 'he believes that new sorts of finance ........ environment changes'. The idea that Professor Ferguson wants to convey here is that just as organisms evolve in accordance with the changes in their environment,so do new forms of finance develop as per new market conditions.
Option A equates evolution with progress which is just the opposite of what Professor Ferguson says. Options B and D are general statements.
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:
C
See the fifth paragraph 'he believes that new sorts of finance ........ environment changes'. The idea that Professor Ferguson wants to convey here is that just as organisms evolve in accordance with the changes in their environment,so do new forms of finance develop as per new market conditions.
Option A equates evolution with progress which is just the opposite of what Professor Ferguson says. Options B and D are general statements.
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