Last visit was: 18 Nov 2025, 21:34 It is currently 18 Nov 2025, 21:34
Home
GMAT
Messages
Tests
Schools
Events
Rewards
Chat
My Profile
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.
Go to My Error Log Learn more
Close
Request Expert Reply
Confirm Cancel
Back to Forum
Create Topic
   1   2 
655-705 Level|   Business|   Long Passage|      
User avatar
manish8242
User avatar
Joined: 07 Jul 2025
Last visit: 06 Nov 2025
Posts: 48
Posts: 48
Kudos: 0
Relieving an impoverished country of its debt would seem to almost una 20 Oct 2025, 05:45
Kudos
Add Kudos
Bookmarks
Bookmark this Post
For Q1 the passage never mentions 'Very poor countries' so keeping in mind that we can go for E option bcz it seems more general and wide. Bcz it has been said that people need to take part.... in the last passage
alpham
Which of the following titles best summarizes the contents of the passage?

(A) Debt Relief as a Tool for Increasing Private Investment in Impoverished Nations - too narrow
(B) The Difficulties of Implementing Debt Relief in Very Poor Countries - perfect
(C) Obstacles to Channeling Aid to Needy Destinations in Very Poor Countries - not correct, there is nothing difficult about channeling the aid.
(D) The Inherent Flaws in Debt Relief Programs - 'Inherent' is not the right word choice here. There are flaws but they are not inherent.
(E) HIPC: Well-Meaning, but Insufficient - too narrow

Which of the following was NOT mentioned as a difficulty associated with debt relief?

(A) Long-term needs have to be addressed at the same time as more immediate one. - stated in passage
(B) Nations that need debt relief are often in the midst of violent conflicts. - mentioned at the end of paragraph 3
(C) Debt relief can swiftly be replaced by new debt. - stated in passage
(D) Private investors in very poor countries are often corrupt. - correct, the passage talks about the government not investors.
(E) The pace of development in poor nations can be extremely slow. - stated in passage


According to the passage, a nation receiving assistance from the HIPC _______.
(A) must not be engaged in a war in which it is an aggressor - unknown
(B) must have at least a minimal amount of privately held property, including businesses - tricky but not talked about in the passage
(C) must not have a level of debt that can be managed through a typical debt relief program - true this is stated directly in the passage
(D) is required to allow ordinary citizens input regarding the use of resources that have been made available through the initiative - unknown
(E) would also be eligible for assistance from the MDRI - unknown

Which of the following can be inferred from the passage regarding some of the nations that have received assistance from the HIPC initiative and from the MDRI?

(A) They have histories of macroeconomic instability. - tricky but can not be inferred
(B) Debt service payments once exceeded the amount of money that was spent on schools and hospitals. - yes this can be inferred.
(C) Property rights had to be established prior to receiving the assistance. - unknown, the passage states 'property rights may be non existant' the word may be is very important here.
(D) Civil war sharply limited the amount of debt relief provided. - unknown
(E) The citizens were unwilling to take part in their nations’ development. - unknown
Show more
   1   2 
Moderators:
GMATNinja
GMAT Club Verbal Expert
7445 posts
GMATNinjaTwo
GMAT Club Verbal Expert
234 posts
Sajjad1994
GRE Forum Moderator
17289 posts
miag
188 posts