The figurative language that is used by Mr Shiflet reveals that he is a character who is intelligent and wise. To be able to use an appropriate analogy requires knowledge and experience. This means that Mr Shiflet is old and has gone through a lot of things in his life.
Seems to me that the second option looks as if it were correct. While paraphrasing and summarizing, you are trying to shorten up an original piece of writing. Giving a well developed descriptions of main ideas isn't something to look for in paraphrasing, so that's why the first option is incorrect. In addition, restating basically everything from a text is not called paraphrasing nor summarizing, and that is why I'd rather classify it as copying.
Faizula is a wonderful man with a big heart of kindness. He is very faithful with his religion and begins to follow it strictly. But this kind hearted soul sometimes forgets the littlest things in life. When he encountered the man selling roses, it symbolizes the simplicity of one's life. It takes one act of kindness to create a loop.