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Wider use of central counterparties (CCPs)

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Wider use of central counterparties (CCPs) [#permalink] New post 19 Aug 2013, 06:18
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Question Stats:

18% (02:13) correct 82% (01:14) wrong based on 234 sessions
Wider use of central counterparties (CCPs) for over-the-counter derivatives has the potential to improve market resilience by lowering counterparty risk and increasing transparency. However, CCPs alone are not sufficient to ensure the resilience and efficiency of derivatives markets.

Which of the following aptly describes the roles played by each of the two bold faced statements in the passage above?

A. The first is a belief; the second one is a conclusion in line with the belief.
B. The first is a fact; the second is a conclusion disputing the fact
C. The first is a conclusion; the second is a fact opposing the conclusion
D. First is a data point; the second is a conclusion from that data point
E. the first is a claim by the author; the second is a doubt expressed by the author.

Source: Self :lol:
[Reveal] Spoiler: OA
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Re: Critical Reasoning [#permalink] New post 19 Aug 2013, 06:22
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get772 wrote:
Wider use of central counterparties (CCPs) for over-the-counter derivatives has the potential to improve market resilience by lowering counterparty risk and increasing transparency. However, CCPs alone are not sufficient to ensure the resilience and efficiency of derivatives markets.

Which of the following aptly describes the roles played by each of the two bold faced statements in the passage above?

A. The first is a belief; the second one is a conclusion in line with the belief.
B. The first is a fact; the second is a conclusion disputing the fact
C. The first is a conclusion; the second is a fact opposing the conclusion
D. First is a data point; the second is a conclusion from that data point
E. the first is a claim by the author; the second is a doubt expressed by the author.

Source: Self :lol:


thanks for the question, in my opinion the answer is B. clearly the first bold portion states a fact where as the second bold portion is a conclusion that is refuting the fact
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Re: Wider use of central counterparties (CCPs) [#permalink] New post 20 Aug 2013, 20:51
The second Bolded portion is disputing the first bolded portion not refuting ...Refuting means to prove something wrong...Here the second portion is merely ensuing the first bolded portion in an argument ....and disputing is the exact word for that...
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Re: Wider use of central counterparties (CCPs) [#permalink] New post 22 Aug 2013, 11:06
Can a conclusion start with - However? (as per buks, its a premise indicator)
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Re: Wider use of central counterparties (CCPs) [#permalink] New post 23 Aug 2013, 00:52
I had a doubt between B and E.
I chose E.
By looking at this >>> has the potential to improve
I thought it is something which author is expecting to be true rather a fact.
If the statement would have been..
Wider use of central counterparties (CCPs) for over-the-counter derivatives improve market resilience...
I would straight away mark B

I always get confused at such level. How do you identify if a statement is a fact/inference/judgemnt/author's claim etc
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Re: Wider use of central counterparties (CCPs) [#permalink] New post 10 Oct 2013, 05:51
How can "has the potential to improve market resilience" be a fact? It sounds more like judgement or belief. No?
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Re: Wider use of central counterparties (CCPs) [#permalink] New post 11 Oct 2013, 19:59
I don't understand how the first one is a conclusion... It def seems like a claim.
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Re: Wider use of central counterparties (CCPs) [#permalink] New post 11 Oct 2013, 20:12
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mohnish104 wrote:
I don't understand how the first one is a conclusion... It def seems like a claim.


Hi Mohnish

It is not a conclusion. It is a "fact". As per the author, By using CCP you achieve X. ( Proven Fact ). In the 2nd sentence, the author has some sort of background research to conclude that statement 1 is not just sufficient to achieve X.

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Re: Wider use of central counterparties (CCPs) [#permalink] New post 12 Oct 2013, 03:13
Confused between B and D.
Wider use of central counterparties (CCPs) for over-the-counter derivatives has the potential to improve market resilience by lowering counterparty risk and increasing transparency. However, CCPs alone are not sufficient to ensure the resilience and efficiency of derivatives markets.

Which of the following aptly describes the roles played by each of the two bold faced statements in the passage above?

A. The first is a belief; the second one is a conclusion in line with the belief.
B. The first is a fact; the second is a conclusion disputing the fact. I am not sure if the second point is disputing. You dispute in case of a controversy, a negation or anything that does not support a particular scenario. The second point is just an added piece of information of CCPs. Had the first statement said that CCPs improve market resilience, it definitely would have disputed.
C. The first is a conclusion; the second is a fact opposing the conclusion
D. First is a data point; the second is a conclusion from that data point. In fact the second is a conclusion from the data point, meaning, although CCP's have the potential to improve market resilience, they can't do that alone.
E. the first is a claim by the author; the second is a doubt expressed by the author.

Please confirm if there's a mistake in the understanding.
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Re: Wider use of central counterparties (CCPs) [#permalink] New post 04 Nov 2013, 08:05
I highly doubt the answer. If anything , IMO , A and D seem plausible.

The first one is a belief/data point . And the second is not necessarily refuting the first . It is in line with first . It just says , Statement 1 being true , is not by itself sufficient ( rather , there is more to it). It doesn't say statement 1 is not true.It just adds to statement 1. Doesn't disagree with it .

Could you please let us know the source of this ?
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Re: Wider use of central counterparties (CCPs) [#permalink] New post 22 Nov 2013, 01:48
get772 wrote:
Wider use of central counterparties (CCPs) for over-the-counter derivatives has the potential to improve market resilience by lowering counterparty risk and increasing transparency. However, CCPs alone are not sufficient to ensure the resilience and efficiency of derivatives markets.

Which of the following aptly describes the roles played by each of the two bold faced statements in the passage above?

A. The first is a belief; the second one is a conclusion in line with the belief.
B. The first is a fact; the second is a conclusion disputing the fact
C. The first is a conclusion; the second is a fact opposing the conclusion
D. First is a data point; the second is a conclusion from that data point
E. the first is a claim by the author; the second is a doubt expressed by the author.

Source: Self :lol:

I am having doubts about this.
Can anyone say what to source is?
"Has the potential" -> can not be a fact.
This mall has the potential to be the most successful in all the state.... is this a fact?
Re: Wider use of central counterparties (CCPs)   [#permalink] 22 Nov 2013, 01:48
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