Find all School-related info fast with the new School-Specific MBA Forum

It is currently 29 Aug 2014, 20:49

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

The prime lending rate is a key rate in the economy: not

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
1 KUDOS received
Manager
Manager
User avatar
Joined: 11 Apr 2009
Posts: 212
Followers: 3

Kudos [?]: 40 [1] , given: 4

GMAT Tests User
The prime lending rate is a key rate in the economy: not [#permalink] New post 27 May 2009, 20:38
1
This post received
KUDOS
3
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  45% (medium)

Question Stats:

44% (02:07) correct 56% (01:05) wrong based on 600 sessions
The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on a growing number of consumer loans, including home equity loans.

(A) not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on
(B) tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on
(C) the interest rates not only on most loans to small and medium-sized businesses are tied to the prime, but also
(D) not only the interest rates on most loans to small and medium-sized businesses are tied to the prime, but also on
(E) the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also
[Reveal] Spoiler: OA

_________________

-talent is the desire to practice-

2 KUDOS received
CEO
CEO
User avatar
Joined: 29 Aug 2007
Posts: 2501
Followers: 53

Kudos [?]: 500 [2] , given: 19

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 27 May 2009, 20:45
2
This post received
KUDOS
1
This post was
BOOKMARKED
nightwing79 wrote:
The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on a growing number of consumer loans, including home equity loans.

A. not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on
B. tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on
C. the interest rates not only on most loans to small and medium-sized businesses are tied to the prime, but also
D. not only the interest rates on most loans to small and medium-sized businesses are tied to the prime, but also on
E. the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also


B. llism: not only on x, but also on y.
_________________

Verbal: new-to-the-verbal-forum-please-read-this-first-77546.html
Math: new-to-the-math-forum-please-read-this-first-77764.html
Gmat: everything-you-need-to-prepare-for-the-gmat-revised-77983.html


GT

Director
Director
User avatar
Joined: 25 Oct 2008
Posts: 611
Location: Kolkata,India
Followers: 8

Kudos [?]: 162 [0], given: 100

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 15 Oct 2009, 00:41
guys..true that only option b supports parallism..but what confused me was "..tied to the prime are the interest rates.." is'nt that a passive construction??
_________________

countdown-beginshas-ended-85483-40.html#p649902

1 KUDOS received
Manager
Manager
avatar
Affiliations: CFA Level 2 Candidate
Joined: 29 Jun 2009
Posts: 223
Schools: RD 2: Darden Class of 2012
Followers: 3

Kudos [?]: 54 [1] , given: 2

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 15 Oct 2009, 07:46
1
This post received
KUDOS
These choices all seem bad.

Agree construction should be not only on X but also on Y.
This removes A,C,D

I would go with E. Is B correct because of a modifier issue?
Manager
Manager
User avatar
Joined: 01 Sep 2009
Posts: 65
Followers: 1

Kudos [?]: 15 [0], given: 3

Re: Prime Lending Rate [#permalink] New post 15 Oct 2009, 22:03
This question was posted in May. So I don't think we will get an OA from the person who posted the original question :P
I checked it from another website and got the OA as
[Reveal] Spoiler:
B
.
This is the link http://www.beatthegmat.com/paper-test-14-3-t4066.html
2 KUDOS received
Senior Manager
Senior Manager
avatar
Joined: 01 Mar 2009
Posts: 372
Location: PDX
Followers: 5

Kudos [?]: 66 [2] , given: 24

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 15 Oct 2009, 22:08
2
This post received
KUDOS
tejal777 wrote:
guys..true that only option b supports parallism..but what confused me was "..tied to the prime are the interest rates.." is'nt that a passive construction??


No this is not a passive construction, just a different way of framing the sentence. To give an analogy.

Gone are the days of cheap gas.
The days of cheap gas are gone.

The voice here still remains active. Makes sense ?
_________________

In the land of the night, the chariot of the sun is drawn by the grateful dead

Manager
Manager
avatar
Joined: 19 Sep 2010
Posts: 186
Followers: 2

Kudos [?]: 62 [0], given: 18

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 04:59
was scared by ":"....what does it signify.....???
Manager
Manager
avatar
Joined: 22 Jun 2010
Posts: 212
Followers: 1

Kudos [?]: 38 [0], given: 12

Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 05:07
parallelism is the core of SC, I think.
Manager
Manager
User avatar
Joined: 29 Aug 2010
Posts: 156
Schools: Wharton/Lauder - Class of 2013
WE 1: Project Management, Telecommunications
Followers: 3

Kudos [?]: 19 [0], given: 16

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 06:26
Raths wrote:
was scared by ":"....what does it signify.....???


The colon is used to provide further explanation or to expand on something. The sentence before the colon must be able to stand alone.

Hope that helps! :)
Manager
Manager
avatar
Joined: 15 Apr 2010
Posts: 176
Followers: 3

Kudos [?]: 63 [0], given: 25

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 06:44
I went with E. E also supports parallelism and it seems to be better formed than B.
_________________

Give [highlight]KUDOS [/highlight] if you like my post.

Always do things which make you feel ALIVE!!!

Manager
Manager
avatar
Joined: 19 Sep 2010
Posts: 186
Followers: 2

Kudos [?]: 62 [0], given: 18

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 08:16
@Redjam.
Tnx Though I have one more doubt.
How one can find out about the word which is being defined . I tht that the
last word gets defined but clearly thats not the case . I think rate is
being defined here.
Intern
Intern
avatar
Joined: 01 Oct 2010
Posts: 6
Location: State College PA
Followers: 0

Kudos [?]: 2 [0], given: 0

Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 09:09
B seems the most logical and most concise
Intern
Intern
avatar
Joined: 30 Aug 2010
Posts: 11
Location: INDIA
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 10:34
I opted for E but i didnt notice the missing word 'on' at the end of the sentence ... It has to be option B...
Manager
Manager
avatar
Joined: 22 Dec 2009
Posts: 108
Location: United States
Concentration: Entrepreneurship, Finance
Schools: Babson '15, HKU '15
WE: Consulting (Accounting)
Followers: 2

Kudos [?]: 12 [0], given: 6

Reviews Badge
Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 11:39
I went with B. Didn't even read all the Ans choices
Senior Manager
Senior Manager
User avatar
Status: Time to step up the tempo
Joined: 24 Jun 2010
Posts: 410
Location: Milky way
Schools: ISB, Tepper - CMU, Chicago Booth, LSB
Followers: 7

Kudos [?]: 115 [0], given: 50

Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 16:11
Went with option D :(

Happy to see and identify my mistake.
_________________

:good Support GMAT Club by putting a GMAT Club badge on your blog :thanks

Senior Manager
Senior Manager
User avatar
Status: Time to step up the tempo
Joined: 24 Jun 2010
Posts: 410
Location: Milky way
Schools: ISB, Tepper - CMU, Chicago Booth, LSB
Followers: 7

Kudos [?]: 115 [0], given: 50

Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 16:11
Went with option D :(

Happy to see and identify my mistake.

Oops. Double post. Am unable to delete this post. :oops:
_________________

:good Support GMAT Club by putting a GMAT Club badge on your blog :thanks


Last edited by ezhilkumarank on 01 Oct 2010, 16:46, edited 1 time in total.
Manager
Manager
User avatar
Joined: 29 Aug 2010
Posts: 156
Schools: Wharton/Lauder - Class of 2013
WE 1: Project Management, Telecommunications
Followers: 3

Kudos [?]: 19 [0], given: 16

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 01 Oct 2010, 16:39
Raths wrote:
@Redjam.
Tnx Though I have one more doubt.
How one can find out about the word which is being defined . I tht that the
last word gets defined but clearly thats not the case . I think rate is
being defined here.


It is preferred to have whatever you're expanding closest to the colon, but as you indicated it's not always the case. I haven't come across that many questions with colons in my studying but I doubt that would ever be the deciding factor in an answer. That is, there will always be other mistakes.
Manager
Manager
User avatar
Joined: 07 Jan 2010
Posts: 147
Location: So. CA
WE 1: 2 IT
WE 2: 4 Software Analyst
Followers: 2

Kudos [?]: 10 [0], given: 57

GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 02 Oct 2010, 08:28
What makes B better than E? I picked E. :-(
Manager
Manager
avatar
Joined: 17 May 2010
Posts: 122
Location: United States
Concentration: Entrepreneurship, Marketing
Schools: USC (Marshall) - Class of 2013
GMAT 1: 770 Q50 V46
GPA: 3.26
WE: Brand Management (Consumer Products)
Followers: 6

Kudos [?]: 27 [0], given: 5

Re: Prime Lending Rate [#permalink] New post 03 Oct 2010, 01:43
gtr022001 wrote:
What makes B better than E? I picked E. :-(


No parallelism. "not only on" ... "but only on"
_________________

Discipline + Hard Work = Success! 770 (Q50, V46)

Manager
Manager
User avatar
Joined: 13 Apr 2010
Posts: 173
Location: singapore
Schools: Wharton,NY Stern,INSEAD,Stanford
Followers: 2

Kudos [?]: 29 [0], given: 25

GMAT ToolKit User GMAT Tests User
Re: Prime Lending Rate [#permalink] New post 03 Oct 2010, 21:54
+1 for B
All others are not in parallel

not only on ......but also on
_________________

Regards,
Nagesh
My GMAT Study Plan: my-gmat-study-plan-112833.html
Idioms List : gmat-idioms-104283.html?hilit=idioms#p813231
--------------------------------------
Consider Kudos if you like my posts

Re: Prime Lending Rate   [#permalink] 03 Oct 2010, 21:54
    Similar topics Author Replies Last post
Similar
Topics:
The prime lending rate is a key rate in the economy: not smashingpumpkins 4 18 Jun 2009, 05:12
The prime lending rate is a key rate in the economy: not klb15 3 22 Aug 2008, 04:59
Prime lending rates Raghavender 3 26 Sep 2006, 17:16
The prime lending rate is a key rate in the economy: not selene 3 01 Mar 2006, 16:28
The prime lending rate is a key rate in the economy: not Darth_McDaddy 6 07 Aug 2005, 06:18
Display posts from previous: Sort by

The prime lending rate is a key rate in the economy: not

  Question banks Downloads My Bookmarks Reviews Important topics  

Go to page    1   2    Next  [ 30 posts ] 



cron

GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.