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B is correct as the modifier clause is is followed by "plans". However, the usage of "based on..." often results in passive voice and I understand that a sentence in passive voice is usually not correct in GMATLAND.
Folks, please provde some insight into the use of "based on..." and passive construction of sentences in GMAT.
Based on means "because of". It's an introductory phrase that does not directly refer to the subject. If it were a modifying phrase then I would question whether it's modifying admissions office or plans - but it isn't.
I saw a question in OG in which based on construction was wrong as well. In correct answer choice, it was replaced with a modifier starting with "ing" construction. Question starts with based on modifier,which modifies the noun that immediately follows it.