Answer: True. A significant factor contributing to the financial crisis of 2007-8 was the reckless actions of financial institutions, which included taking positions against their clients. They repackaged and sold risky assets that were often assigned favorable credit ratings. Investors were unaware of the potential pitfalls, and when the ratings changed, it caused turmoil in the financial system.
Explanation:
Response:
Gandhi's response to the Lahore Resolution was rather subdued; he described it as "puzzling," yet he insisted to his followers that Muslims, like all inhabitants of India, deserved the right to determine their own fate. In contrast, members of the Congress party were more vocal; Jawaharlal Nehru dismissed the Lahore proposals as "Jinnah's extraordinary suggestions," whereas Chakravarti Rajagopalachari criticized Jinnah's stance on partition as indicative of a "sick mindset".
Justification:
He likely originates from the South and may lack education.
In the aftermath of the French Revolution, the economy of France lay in shambles. The Directory was unable to bring back stability and took inadequate measures to manage the money supply, overpowering those who had led the revolution. Capitalizing on this turmoil, Napoleon seized control by executing the head of France, disbanding the national legislative bodies, and declaring himself Emperor of France during a coup.
