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Pension Funded system Q.64 OG-10

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by gmat740 » Wed Apr 29, 2009 10:40 am
Unlike a funded pension system, in Which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.
(A) a pay-as-you-go approach is the foundation of Social Security
(B) the foundation of Social Security is a pay-as-you-go approach
(C) the approach of Social Security is pay-as-you-go
(D) Social Security's approach is pay-as-you-go
(E) Social Security is founded on a pay-as-you-go approach

OA after few responses
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by vaishalijain7 » Wed Apr 29, 2009 2:00 pm
IMO 'E'. pension system is comparable only to Social Security.
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by scoobydooby » Wed Apr 29, 2009 9:30 pm
apart from E, all other choices make illogical comparison of funded pension system with approach or foundation of Social security (system) rather than with Social Security system itself.
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by gmat740 » Wed Apr 29, 2009 9:42 pm
OA is E

Thanks a lot
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by perfectstranger » Sat Jun 13, 2009 7:43 am
Here a system is compared with an approach hence it is incorrect . To maintain comprasion we need a system. Answer choice E is right since Social Security is a system.

(A) a pay-as-you-go approach is the foundation of Social Security - a system is compared with an approach hence it is incorrect-
(B) the foundation of Social Security is a pay-as-you-go approach -a system is compared with a foundation hence it is incorrect-
(C) the approach of Social Security is pay-as-you-go - a system is compared with an approach hence it is incorrect-

(D) Social Security's approach is pay-as-you-go - a system is compared with Social Security’s approach rather than Social Security (system) hence it is incorrect-
(E) Social Security is founded on a pay-as-you-go approach
Please do not post answers visibly . Please hide them or post them later after the discussion.
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by LalaB » Sat Oct 01, 2011 11:09 am
E 100%. it is parallel
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by babuxavier » Wed Dec 26, 2012 5:54 am
IMO E

Comparison of system to system
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