GMAT Question of the Day: Daily via email | Daily via Instagram New to GMAT Club? Watch this Video

It is currently 05 Aug 2020, 08:49

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.

Close

Request Expert Reply

Confirm Cancel

Contrasted against traditional banks and their keeping records of

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Find Similar Topics 
SC Moderator
User avatar
V
Joined: 25 Sep 2018
Posts: 897
Location: United States (CA)
Concentration: Finance, Strategy
GPA: 3.97
WE: Investment Banking (Investment Banking)
Premium Member Reviews Badge CAT Tests
Contrasted against traditional banks and their keeping records of  [#permalink]

Show Tags

New post 09 May 2020, 14:22
2
3
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

81% (01:05) correct 19% (01:33) wrong based on 63 sessions

HideShow timer Statistics

Contrasted against traditional banks and their keeping records of balances and transactions at a centralized location, in Bitcoin all transactions are stored digitally as "blocks" in a chain that is kept by a network of peers.

A. Contrasted against traditional banks and their keeping records of balances and transactions at a centralized location,

B. Contrasted with traditional banks and their keeping records of balances and transactions at a centralized location,

C. Since it is in contrast to traditional banks and their keeping records of balances and transactions at a centralized location,

D. Contrasted to records of balances and transactions kept at a centralized location by the traditional banks,

E. In contrast to traditional banks, which keep records of balances and transactions at a centralized location,


Source- GMATWhiz

_________________
Intern
Intern
avatar
B
Joined: 22 Mar 2017
Posts: 33
Location: Singapore
Re: Contrasted against traditional banks and their keeping records of  [#permalink]

Show Tags

New post 10 May 2020, 07:36
Contrasted against traditional banks and their keeping records of balances and transactions at a centralized location, in Bitcoin all transactions are stored digitally as "blocks" in a chain that is kept by a network of peers.

A. Contrasted against traditional banks and their keeping records of balances and transactions at a centralized location,
B. Contrasted with traditional banks and their keeping records of balances and transactions at a centralized location,
C. Since it is in contrast to traditional banks and their keeping records of balances and transactions at a centralized location,
D. Contrasted to records of balances and transactions kept at a centralized location by the traditional banks,
E. In contrast to traditional banks, which keep records of balances and transactions at a centralized location,

The sentence would like to compare Bitcoin with another entity. In this case, the logical comparison is to compare with Banks.

Option A - Contrasted against traditional banks and their keeping records of balances and transactions at a centralized location,
this option compares 'traditional banks' and 'keeping records' with Bitcoin, which is inconsistent (banks is a noun, bitcoin is a noun but keeping records is a noun phrase
compared against vs compared with -> seems okay

B. Contrasted with traditional banks and their keeping records of balances and transactions at a centralized location,
Same reason as A.

C. Since it is in contrast to traditional banks and their keeping records of balances and transactions at a centralized location,
Same reason as A

D. Contrasted to records of balances and transactions kept at a centralized location by the traditional banks,
Comparing 'records of balances' with 'bitcoin'

E. In contrast to traditional banks, which keep records of balances and transactions at a centralized location,
Correct - comparing traditional banks to bitcoin
Board of Directors
User avatar
D
Status: QA & VA Forum Moderator
Joined: 11 Jun 2011
Posts: 5033
Location: India
GPA: 3.5
WE: Business Development (Commercial Banking)
GMAT ToolKit User
Re: Contrasted against traditional banks and their keeping records of  [#permalink]

Show Tags

New post 11 May 2020, 07:36
Abhi077 wrote:
Contrasted against traditional banks and their keeping records of balances and transactions at a centralized location, in Bitcoin all transactions are stored digitally as "blocks" in a chain that is kept by a network of peers.

A. Contrasted against traditional banks and their keeping records of balances and transactions at a centralized location,

B. Contrasted with traditional banks and their keeping records of balances and transactions at a centralized location,

C. Since it is in contrast to traditional banks and their keeping records of balances and transactions at a centralized location,

D. Contrasted to records of balances and transactions kept at a centralized location by the traditional banks,

E. In contrast to traditional banks, which keep records of balances and transactions at a centralized location,


Source- GMATWhiz


In Contrast to / In Contrast with - Correct Comparison. Hence eleminate (A) , errors in other options highlighted in red, correct Answer must be (E) for correct Comparison usage....
_________________
Thanks and Regards

Abhishek....

PLEASE FOLLOW THE RULES FOR POSTING IN QA AND VA FORUM AND USE SEARCH FUNCTION BEFORE POSTING NEW QUESTIONS

How to use Search Function in GMAT Club | Rules for Posting in QA forum | Writing Mathematical Formulas |Rules for Posting in VA forum | Request Expert's Reply ( VA Forum Only )
GMAT Club Bot
Re: Contrasted against traditional banks and their keeping records of   [#permalink] 11 May 2020, 07:36

Contrasted against traditional banks and their keeping records of

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  





Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne