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# Foreign exchange reserves, often taken to be a yardstick for

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Foreign exchange reserves, often taken to be a yardstick for [#permalink]  05 Oct 2012, 04:39
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Question Stats:

85% (01:35) correct 14% (01:03) wrong based on 21 sessions
Foreign exchange reserves, often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by central banks or monetary authorities
A. often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by
B. often taken as a yardstick to gauge a country's financial strength, is the foreign currency deposits and bonds held by
C. often taken as a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds held by
D. often taken for a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds being held by
E. often taken to be a yardstick for the gauging a country's financial strength, is the foreign currency deposits and bonds held by
[Reveal] Spoiler: OA

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Last edited by getgyan on 06 Oct 2012, 01:06, edited 1 time in total.
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Re: Foreign exchange reserves [#permalink]  05 Oct 2012, 05:54
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Two Splits to watch out in this SC - (1) Subject Verb agreement

Subject is Plural - Foreign exchange reserves.

Verb should be - are. Hence reject {B and E}

(2) taken to be V/S taken as - Correct expression I think should be taken as. Hence Reject {A and D}

Correct One -
[Reveal] Spoiler:
C

getgyan wrote:
Foreign exchange reserves, often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by central banks or monetary authorities
A. often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by
B. often taken as a yardstick to gauge a country's financial strength, is the foreign currency deposits and bonds held by
C. often taken as a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds held by
D. often taken for a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds being held by
E. often taken to be a yardstick for the gauging a country's financial strength, is the foreign currency deposits and bonds held by

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Re: Foreign exchange reserves [#permalink]  05 Oct 2012, 07:04
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Foreign exchange reserves, often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by central banks or monetary authorities
A. often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by
B. often taken as a yardstick to gauge a country's financial strength, is the foreign currency deposits and bonds held by
C. often taken as a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds held by
D. often taken for a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds being held by
E. often taken to be a yardstick for the gauging a country's financial strength, is the foreign currency deposits and bonds held by

My working
(e) Often taken to be a.... incorrect use of idiom, eliminate
(d) Often taken for a... incorrect idiom again.
(a) taken to be - questionable idiom
B/C is the foreign currency, are the foreign currency - operative being reserves (pl) eliminate B,

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Re: Foreign exchange reserves [#permalink]  05 Oct 2012, 08:14
jordanshl wrote:
Foreign exchange reserves, often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by central banks or monetary authorities
A. often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by
B. often taken as a yardstick to gauge a country's financial strength, is the foreign currency deposits and bonds held by
C. often taken as a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds held by
D. often taken for a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds being held by
E. often taken to be a yardstick for the gauging a country's financial strength, is the foreign currency deposits and bonds held by

My working
(e) Often taken to be a.... incorrect use of idiom, eliminate
(d) Often taken for a... incorrect idiom again.
(a) taken to be - questionable idiom
B/C is the foreign currency, are the foreign currency - operative being reserves (pl) eliminate B,

Between 'C' and 'A' eliminated 'A'

reason :- 'for gauging' ,which i found bit awkward compared to 'to gauge'
was it right or 'for gauging' is right?
i has not paid attention to idiom because i wasnt knowin it.
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Re: Foreign exchange reserves [#permalink]  06 Oct 2012, 01:10
Aristocrat wrote:

Between 'C' and 'A' eliminated 'A'

reason :- 'for gauging' ,which i found bit awkward compared to 'to gauge'
was it right or 'for gauging' is right?
i has not paid attention to idiom because i wasnt knowin it.

"taken to be" and "taken as" are both correct idiom form. "for gauging" is unidiomatic and it should be "to gauge".

OA is C
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Re: Foreign exchange reserves [#permalink]  06 Oct 2012, 03:19
getgyan wrote:
Aristocrat wrote:

Between 'C' and 'A' eliminated 'A'

reason :- 'for gauging' ,which i found bit awkward compared to 'to gauge'
was it right or 'for gauging' is right?
i has not paid attention to idiom because i wasnt knowin it.

"taken to be" and "taken as" are both correct idiom form. "for gauging" is unidiomatic and it should be "to gauge".

OA is C

thanks getgyan
for giving solution
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Re: Foreign exchange reserves [#permalink]  06 Oct 2012, 03:36
Foreign exchange reserves, often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by central banks or monetary authorities
A. often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by
B. often taken as a yardstick to gauge a country's financial strength, is the foreign currency deposits and bonds held by
C. often taken as a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds held by----correct
D. often taken for a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds being held by
E. often taken to be a yardstick for the gauging a country's financial strength, is the foreign currency deposits and bonds held by

IMO C
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Re: Foreign exchange reserves [#permalink]  06 Oct 2012, 18:24
Foreign exchange reserves, often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by central banks or monetary authorities
A. often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by
B. often taken as a yardstick to gauge a country's financial strength, is the foreign currency deposits and bonds held by
C. often taken as a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds held by
D. often taken for a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds being held by
E. often taken to be a yardstick for the gauging a country's financial strength, is the foreign currency deposits and bonds held by

Eliminate the fluff between comma's. Subject is plural Eliminate B and E. D eliminate because of being. Between A and C, taken as a yardstick is the correct idiom.
Re: Foreign exchange reserves   [#permalink] 06 Oct 2012, 18:24
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