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Answer: i

1. Paragraph G The correct heading for this paragraph can be inferred from the sentence: “Boards of companies in all sectors will need to widen their perspective to encompass these issues and this may involve a realignment of corporate goals”. The term“in all sectors” means “in every area”,and it is clear that there are fundamental questions asked about “the morality of capitalism and the market economy”.Thus, the answer is definitely iii – The possible need for fundamental change in every area of business.

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  In every area = in all sectors
  

Answer: iii

1. Close scrutiny of the behavior of boards has increased since the economic downturn.

Key word: scrutiny, behavior, increased, economic downturn

We can find information about the economic downturn in paragraph A: “Following the 2008 financial meltdown, which resulted in a deeper and more prolonged period
of economic downturn than anyone expected, the search for explanations in the many post-mortems of the crisis has meant blame has been spread far and wide” and“The role of bank directors and management and their widely publicised failures have been extensively picked over and examined in reports, inquiries and commentaries” . “The search for explanations” here can be understood as the fact that after the crisis, the responsibility of boards involved had been brought to the fore and examined in a thorough and careful manner (“extensively picked over and examined”). This has the same meaning as “being scrutinized”. In addition, the term “spread far and wide” means that such scrutiny has “increased” among the community. Therefore, the answer should be YES.

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  Scrutiny = extensively picked over and examined
  
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  Increase = spread far and wide
  

Answer: Yes

1. Banks have been mismanaged to a greater extent than other businesses.

Key words: mismanaged, greater extent, banks, other businesses Mismanagement refers to the failures of “governments, regulators, central banks and auditors”. These businesses are said to “have all been in the frame”, meaning that each and all of them are partly responsible for the 2008 crisis. However, we cannot find any information about whether “banks” contributed the most towards this crisis, nor are they more “mismanaged” than the remaining businesses, so the statement “Banks have been mismanaged to a greater extent than other businesses” must be NOT GIVEN.