GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 19 Nov 2018, 03:31

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
Events & Promotions in November
PrevNext
SuMoTuWeThFrSa
28293031123
45678910
11121314151617
18192021222324
2526272829301
Open Detailed Calendar
  • How to QUICKLY Solve GMAT Questions - GMAT Club Chat

     November 20, 2018

     November 20, 2018

     09:00 AM PST

     10:00 AM PST

    The reward for signing up with the registration form and attending the chat is: 6 free examPAL quizzes to practice your new skills after the chat.
  • The winning strategy for 700+ on the GMAT

     November 20, 2018

     November 20, 2018

     06:00 PM EST

     07:00 PM EST

    What people who reach the high 700's do differently? We're going to share insights, tips and strategies from data we collected on over 50,000 students who used examPAL.

Often it was believed that super intelligence leads to financial

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

Hide Tags

MBA Section Director
User avatar
D
Affiliations: GMATClub
Joined: 22 May 2017
Posts: 1002
Concentration: Nonprofit
GPA: 4
WE: Engineering (Computer Software)
Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 16 Aug 2018, 20:18
6
15
Question 1
00:00
A
B
C
D
E

based on 337 sessions

59% (03:02) correct 41% (03:01) wrong

HideShow timer Statistics

Question 2
00:00
A
B
C
D
E

based on 336 sessions

65% (00:46) correct 35% (00:53) wrong

HideShow timer Statistics

Question 3
00:00
A
B
C
D
E

based on 337 sessions

16% (01:47) correct 84% (01:48) wrong

HideShow timer Statistics

Often it was believed that super intelligence leads to financial success, but a study by Malcolm Gadwall identified determination as the most important predictor of success. It certainly helps to be smart, but there are plenty of people as smart as Bill Gates who have achieved next to nothing. The study further concluded that there are aspects called components of determination that are more relevant than others, and more importantly, some of these components can be cultivated while others are innate. One of these components – sheer willfulness, the desire to get something when you want it, no matter what – is most important. Unfortunately, the study concluded that a good deal of willfulness must be inborn because it is common to see families in which one sibling has much more of it than the other sibling. Circumstances can alter it, but at the high end of the scale, nature seems to be more important than nurture. But a strong willed person needs to be disciplined and not self-indulgent, making discipline the second component of determination. Hence, determination implies your willfulness is balanced by discipline. This is because the stronger your will, the less anyone will be able to argue with you except yourself, and someone should argue with you because everyone has base impulses, but if you have more will than discipline you'll just give into these impulses and as a result end up on a local maximum such as drug addiction. Another important thing that the study concludes is that discipline can be cultivated, and in fact does tend to vary quite a lot in the course of an individual's life, and since determination is the product of will and discipline, you can become more determined by being more disciplined. The last component that the study discovered – another malleable one – is ambition. If willfulness and discipline are what get you to your destination, ambition is how you choose it and the fact that ambition is malleable means there is a lot you can do to increase it. Hence to summarize, determination consists of willfulness balanced with discipline and aimed by ambition - fortunately at least two of these three qualities can be cultivated.

1. The author is primarily concerned with

A. comparing and contrasting the roles played by intelligence and determination as a predictor of financial success.

B. determining the most important components of determination that lead to financial success.

C. discussing the three components of determination that have proven to be the strongest predictors of financial success.

D. proving that anyone who possesses sheer willfulness can be financially successful.

E. disproving the notion that one needs innate intelligence to be successful.



2. Why does the author cite the example of Bill Gates in the passage?

A. To prove that one does not need to be smart to be financially successful.

B. To cite an instance in which smart people are successful.

C. To emphasize his point that there are people smarter than Bill Gates.

D. To emphasize his point that determination trumps smartness as a predictor of financial success.

E. To prove that Bill Gates was one of the most determined people in the world.



3. The author of the passage will most likely agree with which one of the personalities to not have the potential to be financially successful?

A. Someone who loves money, is ambitious to the core, finishes something when he/she decides and indulges in expensive gifts regardless of whether he/she can afford it.

B. Someone who is extremely strong headed yet disciplined but possesses little ambition.

C. Someone who is extremely malleable and disciplined and intends to be a CEO.

D. Someone who is not very determined because of their tendencies of giving into life’s desires yet is so obstinate that he finishes something once he decides to regardless of the circumstances.

E. Someone who has great ambition, is stubborn and headstrong and is willing to give up everything to achieve his/her goals.



_________________

New project wSTAT(which Schools To Apply To?)

B-School app with GRE

New - RC Butler - 2 RC's everyday

Most Helpful Expert Reply
MBA Section Director
User avatar
D
Affiliations: GMATClub
Joined: 22 May 2017
Posts: 1002
Concentration: Nonprofit
GPA: 4
WE: Engineering (Computer Software)
Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 17 Aug 2018, 21:30
10
2
1. The author is primarily concerned with

A. comparing and contrasting the roles played by intelligence and determination as a predictor of financial success.

INCORRECT The author compared intelligence with determination only in the first paragraph.

B. determining the most important components of determination that lead to financial success.

INCORRECT The author didn't determine the important components of determination. The author discussed about the components of determination

C. discussing the three components of determination that have proven to be the strongest predictors of financial success.

CORRECT This option presents the scope of all the paragraphs.

D. proving that anyone who possesses sheer willfulness can be financially successful.

INCORRECT Partial scope as this option talks about only one component of determination.

E. disproving the notion that one needs innate intelligence to be successful.

INCORRECT Partial scope. This option doesn't talk about the components of determination

2. Why does the author cite the example of Bill Gates in the passage?

A. To prove that one does not need to be smart to be financially successful.

INCORRECT The passage mentions that Bill Gates is smart

B. To cite an instance in which smart people are successful.

INCORRECT The passage cited Bill Gates to mention about people that are smart and determined.

C. To emphasize his point that there are people smarter than Bill Gates.

INCORRECT The passage didn't mention about people smarter than Bill Gates

D. To emphasize his point that determination trumps smartness as a predictor of financial success.

CORRECT Author introduced Bill gates to provide an example where determination trumps smartness

E. To prove that Bill Gates was one of the most determined people in the world.

INCORRECT The author didn't talk about most determined people

3. The author of the passage will most likely agree with which one of the personalities to not have the potential to be financially successful?

A. Someone who loves money, is ambitious to the core, finishes something when he/she decides and indulges in expensive gifts regardless of whether he/she can afford it.

INCORRECT The personality presented in this option lacks discipline but has willfulness and ambition. Since discipline can be acquired, this personality can be financially successful.

B. Someone who is extremely strong headed yet disciplined but possesses little ambition.

INCORRECT This personality has discipline and willfulness but lacks ambition. Since ambition can be acquired, this personality can be financially successful.

C. Someone who is extremely malleable and disciplined and intends to be a CEO.

CORRECT This personality lacks willfulness which is innate quality and cannot be acquired. Hence this personality cannot be financially successful

D. Someone who is not very determined because of their tendencies of giving into life’s desires yet is so obstinate that he finishes something once he decides to regardless of the circumstances.

INCORRECT The personality presented in this option lacks discipline but has willfulness. Since discipline can be acquired, this personality can be financially successful.

E. Someone who has great ambition, is stubborn and headstrong and is willing to give up everything to achieve his/her goals.

INCORRECT This personality has all the qualities to be financially successful
_________________

New project wSTAT(which Schools To Apply To?)

B-School app with GRE

New - RC Butler - 2 RC's everyday

General Discussion
Manager
Manager
avatar
B
Joined: 08 Oct 2015
Posts: 241
Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 16 Aug 2018, 21:08
can you please explain the answer for 3?
MBA Section Director
User avatar
D
Affiliations: GMATClub
Joined: 22 May 2017
Posts: 1002
Concentration: Nonprofit
GPA: 4
WE: Engineering (Computer Software)
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 16 Aug 2018, 21:19
3
rahulkashyap wrote:
can you please explain the answer for 3?


rahulkashyap

I will post the Official Explanations once we get enough responses.
_________________

New project wSTAT(which Schools To Apply To?)

B-School app with GRE

New - RC Butler - 2 RC's everyday

ISB, NUS, NTU Moderator
User avatar
G
Joined: 11 Aug 2016
Posts: 312
Reviews Badge CAT Tests
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 16 Aug 2018, 21:24
Me TOO.
workout Can you please elaborate more on the solution of Question No 3 ?
Also Can you please mention the sources of these RCs ?
_________________

~R.
If my post was of any help to you, You can thank me in the form of Kudos!!

Intern
Intern
avatar
B
Joined: 10 Jan 2017
Posts: 7
GMAT 1: 700 Q50 V34
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 16 Aug 2018, 22:52
3
I chose C for 3 question because as per the passage ambition is malleable and not the person, and if the person is malleable he can be molded easily, which in result will break the determination
Intern
Intern
avatar
B
Joined: 19 Mar 2018
Posts: 3
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 17 Aug 2018, 09:06
Please explain the answer to the 3rd question..


Sent from my iPhone using GMAT Club Forum mobile app
Manager
Manager
avatar
S
Joined: 23 Nov 2017
Posts: 102
Location: Singapore
Concentration: Strategy, Other
GMAT 1: 660 Q49 V33
Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post Updated on: 17 Aug 2018, 21:21
2
Q 3.

Per the passage, the most important component is the willingness, which one can not acquire and should be innate. This component is a must have, since other can be acquired. A malleable person is easy to influence and hence has/no low will, therefore does not have the potential to be financially successful.. hence C is correct.

workout.. need insights

guys, need kudos

Originally posted by Gagoosh on 17 Aug 2018, 10:08.
Last edited by Gagoosh on 17 Aug 2018, 21:21, edited 1 time in total.
Director
Director
User avatar
G
Joined: 20 Feb 2015
Posts: 796
Concentration: Strategy, General Management
Premium Member
Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 17 Aug 2018, 10:31
2
1
According to the passage determination consists of 3 traits
1.will (willfulness)
2.discipline
3.ambition


2 out above 3 can be cultivated namely discipline and ambition.

question 3 wants us to find the person who is probably low on will , as it cannot be cultivated

A. Someone who loves money, is ambitious to the core, finishes something when he/she decides and indulges in expensive gifts regardless of whether he/she can afford it.
---The bold part indicates will !!
---Out

B. Someone who is extremely strong headed yet disciplined but possesses little ambition.
---This guy too has Will
---Out

C. Someone who is extremely malleable and disciplined and intends to be a CEO.
---all that is mentioned is malleable and disciplined.
---could be the answer

D. Someone who is not very determined because of their tendencies of giving into life’s desires yet is so obstinate that he finishes something once he decides to regardless of the circumstances.
---will is there
---out

E. Someone who has great ambition, is stubborn and headstrong and is willing to give up everything to achieve his/her goals.
---again will is there
---Out
Manager
Manager
avatar
B
Joined: 16 Jun 2018
Posts: 50
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 17 Aug 2018, 21:51
workout wrote:
1. The author is primarily concerned with

A. comparing and contrasting the roles played by intelligence and determination as a predictor of financial success.

INCORRECT The author compared intelligence with determination only in the first paragraph.

B. determining the most important components of determination that lead to financial success.

INCORRECT The author didn't determine the important components of determination. The author discussed about the components of determination

C. discussing the three components of determination that have proven to be the strongest predictors of financial success.

CORRECT This option presents the scope of all the paragraphs.

D. proving that anyone who possesses sheer willfulness can be financially successful.

INCORRECT Partial scope as this option talks about only one component of determination.

E. disproving the notion that one needs innate intelligence to be successful.

INCORRECT Partial scope. This option doesn't talk about the components of determination


2. Why does the author cite the example of Bill Gates in the passage?

A. To prove that one does not need to be smart to be financially successful.

INCORRECT The passage mentions that Bill Gates is smart

B. To cite an instance in which smart people are successful.

INCORRECT The passage cited Bill Gates to mention about people that are smart and determined.

C. To emphasize his point that there are people smarter than Bill Gates.

INCORRECT The passage didn't mention about people smarter than Bill Gates

D. To emphasize his point that determination trumps smartness as a predictor of financial success.

CORRECT Author introduced Bill gates to provide an example where determination trumps smartness

E. To prove that Bill Gates was one of the most determined people in the world.

INCORRECT The author didn't talk about most determined people


3. The author of the passage will most likely agree with which one of the personalities to not have the potential to be financially successful?

A. Someone who loves money, is ambitious to the core, finishes something when he/she decides and indulges in expensive gifts regardless of whether he/she can afford it.

INCORRECT The personality presented in this option lacks discipline but has willfulness and ambition. Since discipline can be acquired, this personality can be financially successful.

B. Someone who is extremely strong headed yet disciplined but possesses little ambition.

INCORRECT This personality has discipline and willfulness but lacks ambition. Since ambition can be acquired, this personality can be financially successful.

C. Someone who is extremely malleable and disciplined and intends to be a CEO.

CORRECT This personality lacks willfulness which is innate quality and cannot be acquired. Hence this personality cannot be financially successful

D. Someone who is not very determined because of their tendencies of giving into life’s desires yet is so obstinate that he finishes something once he decides to regardless of the circumstances.

INCORRECT The personality presented in this option lacks discipline but has willfulness. Since discipline can be acquired, this personality can be financially successful.

E. Someone who has great ambition, is stubborn and headstrong and is willing to give up everything to achieve his/her goals.

INCORRECT This personality has all the qualities to be financially successful



Got third question wrong as didn't knew the meaning of Malleable. :lol: :lol: :lol:
Senior Manager
Senior Manager
avatar
P
Joined: 17 Mar 2014
Posts: 379
GMAT ToolKit User Premium Member Reviews Badge CAT Tests
Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 19 Aug 2018, 11:45
3. The author of the passage will most likely agree with which one of the personalities to not have the potential to be financially successful?

A. Someone who loves money, is ambitious to the core, finishes something when he/she decides and indulges in expensive gifts regardless of whether he/she can afford it.
INCORRECT The personality presented in this option lacks discipline but has willfulness and ambition. Since discipline can be acquired, this personality can be financially successful.

B. Someone who is extremely strong headed yet disciplined but possesses little ambition.
INCORRECT This personality has discipline and willfulness but lacks ambition. Since ambition can be acquired, this personality can be financially successful.

C. Someone who is extremely malleable and disciplined and intends to be a CEO.
CORRECT This personality lacks willfulness which is innate quality and cannot be acquired. Hence this personality cannot be financially successful

D. Someone who is not very determined because of their tendencies of giving into life’s desires yet is so obstinate that he finishes something once he decides to regardless of the circumstances.
INCORRECT The personality presented in this option lacks discipline but has willfulness. Since discipline can be acquired, this personality can be financially successful.

E. Someone who has great ambition, is stubborn and headstrong and is willing to give up everything to achieve his/her goals.
INCORRECT This personality has all the qualities to be financially successful[/quote]

workout, how could you say this person lacks willfulness ? Option says , this person intends to become CEO. "Intends to become CEO" is not willfulness ?
MBA Section Director
User avatar
D
Affiliations: GMATClub
Joined: 22 May 2017
Posts: 1002
Concentration: Nonprofit
GPA: 4
WE: Engineering (Computer Software)
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 19 Aug 2018, 22:18
1
ammuseeru wrote:
workout, how could you say this person lacks willfulness ? Option says , this person intends to become CEO. "Intends to become CEO" is not willfulness ?


Extremely malleable implies that the person can be easily influenced which implies the lack of willfulness. "Intends to become CEO" implies ambition of this personality.
_________________

New project wSTAT(which Schools To Apply To?)

B-School app with GRE

New - RC Butler - 2 RC's everyday

Intern
Intern
avatar
B
Joined: 18 Jul 2016
Posts: 34
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 24 Aug 2018, 09:32
[quote="workout"]1. The author is primarily concerned with

A. comparing and contrasting the roles played by intelligence and determination as a predictor of financial success.

INCORRECT The author compared intelligence with determination only in the first paragraph.

B. determining the most important components of determination that lead to financial success.

INCORRECT The author didn't determine the important components of determination. The author discussed about the components of determination

C. discussing the three components of determination that have proven to be the strongest predictors of financial success.

CORRECT This option presents the scope of all the paragraphs.

D. proving that anyone who possesses sheer willfulness can be financially successful.

INCORRECT Partial scope as this option talks about only one component of determination.

E. disproving the notion that one needs innate intelligence to be successful.

INCORRECT Partial scope. This option doesn't talk about the components of determination



C. discussing the three components of determination that have proven to be the strongest predictors of financial success.

CORRECT This option presents the scope of all the paragraphs.

I got confused between C and E.

Isn't C is too specific? Predictor of Financial Success. . The passage mentions components of determination to be successful. Not financial successful. Financial success is only mentioned in first line, not in rest of passage.

Please help.

Thanks and regards,
Chetna
MBA Section Director
User avatar
D
Affiliations: GMATClub
Joined: 22 May 2017
Posts: 1002
Concentration: Nonprofit
GPA: 4
WE: Engineering (Computer Software)
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 24 Aug 2018, 10:00
1
chetna14 wrote:
I got confused between C and E.

Isn't C is too specific? Predictor of Financial Success. . The passage mentions components of determination to be successful. Not financial successful. Financial success is only mentioned in first line, not in rest of passage.

Please help.

Thanks and regards,
Chetna


chetna14

Here is what I think. The term success is also used only once and that is in the first sentence under the scope of financial success. Surely, option C would have been a much better option without the word "financial", but compared to other options, option C still is the best choice.

option E doesn't cover the scope of the entire passage. It talks only about the first few sentences of the passage.
_________________

New project wSTAT(which Schools To Apply To?)

B-School app with GRE

New - RC Butler - 2 RC's everyday

Manager
Manager
avatar
S
Joined: 12 Mar 2017
Posts: 234
Location: India
Concentration: Strategy, General Management
GMAT 1: 630 Q49 V27
GPA: 4
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 25 Aug 2018, 04:13
workout wrote:
1. The author is primarily concerned with

A. comparing and contrasting the roles played by intelligence and determination as a predictor of financial success.

INCORRECT The author compared intelligence with determination only in the first paragraph.

B. determining the most important components of determination that lead to financial success.

INCORRECT The author didn't determine the important components of determination. The author discussed about the components of determination

C. discussing the three components of determination that have proven to be the strongest predictors of financial success.

CORRECT This option presents the scope of all the paragraphs.

D. proving that anyone who possesses sheer willfulness can be financially successful.

INCORRECT Partial scope as this option talks about only one component of determination.

E. disproving the notion that one needs innate intelligence to be successful.

INCORRECT Partial scope. This option doesn't talk about the components of determination

2. Why does the author cite the example of Bill Gates in the passage?

A. To prove that one does not need to be smart to be financially successful.

INCORRECT The passage mentions that Bill Gates is smart

B. To cite an instance in which smart people are successful.

INCORRECT The passage cited Bill Gates to mention about people that are smart and determined.

C. To emphasize his point that there are people smarter than Bill Gates.

INCORRECT The passage didn't mention about people smarter than Bill Gates

D. To emphasize his point that determination trumps smartness as a predictor of financial success.

CORRECT Author introduced Bill gates to provide an example where determination trumps smartness

E. To prove that Bill Gates was one of the most determined people in the world.

INCORRECT The author didn't talk about most determined people

3. The author of the passage will most likely agree with which one of the personalities to not have the potential to be financially successful?

A. Someone who loves money, is ambitious to the core, finishes something when he/she decides and indulges in expensive gifts regardless of whether he/she can afford it.

INCORRECT The personality presented in this option lacks discipline but has willfulness and ambition. Since discipline can be acquired, this personality can be financially successful.

B. Someone who is extremely strong headed yet disciplined but possesses little ambition.

INCORRECT This personality has discipline and willfulness but lacks ambition. Since ambition can be acquired, this personality can be financially successful.

C. Someone who is extremely malleable and disciplined and intends to be a CEO.

CORRECT This personality lacks willfulness which is innate quality and cannot be acquired. Hence this personality cannot be financially successful

D. Someone who is not very determined because of their tendencies of giving into life’s desires yet is so obstinate that he finishes something once he decides to regardless of the circumstances.

INCORRECT The personality presented in this option lacks discipline but has willfulness. Since discipline can be acquired, this personality can be financially successful.

E. Someone who has great ambition, is stubborn and headstrong and is willing to give up everything to achieve his/her goals.

INCORRECT This personality has all the qualities to be financially successful


workout

The option C in question 3 says that the person intends to be a CEO. How can we say that he doesn't possess will??
MBA Section Director
User avatar
D
Affiliations: GMATClub
Joined: 22 May 2017
Posts: 1002
Concentration: Nonprofit
GPA: 4
WE: Engineering (Computer Software)
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 25 Aug 2018, 04:45
2
Prateek176 wrote:

workout

The option C in question 3 says that the person intends to be a CEO. How can we say that he doesn't possess will??


Prateek176

Please refer https://gmatclub.com/forum/often-it-was ... l#p2115643
_________________

New project wSTAT(which Schools To Apply To?)

B-School app with GRE

New - RC Butler - 2 RC's everyday

Director
Director
User avatar
V
Joined: 06 Jan 2015
Posts: 515
Location: India
Concentration: Operations, Finance
GPA: 3.35
WE: Information Technology (Computer Software)
Premium Member
Re: Often it was believed that super intelligence leads to financial  [#permalink]

Show Tags

New post 10 Sep 2018, 21:06
workout What is the source of the passage?

Easy passage but tricky questions!!!
_________________

आत्मनॊ मोक्षार्थम् जगद्धिताय च

Resource: GMATPrep RCs With Solution

GMAT Club Bot
Re: Often it was believed that super intelligence leads to financial &nbs [#permalink] 10 Sep 2018, 21:06
Display posts from previous: Sort by

Often it was believed that super intelligence leads to financial

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


Copyright

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

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

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®.