It is currently 20 Oct 2017, 11:31

### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Since savings banks have to use short-term deposits to

Author Message
Manager
Joined: 13 Dec 2004
Posts: 62

Kudos [?]: 1 [0], given: 0

Since savings banks have to use short-term deposits to [#permalink]

### Show Tags

11 Jan 2005, 21:50
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

### HideShow timer Statistics

Since savings banks have to use short-term deposits to finance long-term fixed-rate mortgage loans, they sometimes lose money when there is a rise in short-term rates and, on the other hand, they are unable to raise the rates on their mortgages.

(A) when there is a rise in short-term rates and, on the other hand, they are unable to raise
(B) when short-term rates rise and they are unable to raise
(C) when a rise in short-term rates occurs and, correspondingly, there is no rise possible in
(D) with a rise in short-term rates, and they are unable to raise
(E) with short-term rates on the rise and no rise possible in

Highlight below for OA.
B

Last edited by prasad_bgv on 12 Jan 2005, 10:11, edited 1 time in total.

Kudos [?]: 1 [0], given: 0

Manager
Joined: 14 Nov 2004
Posts: 54

Kudos [?]: 1 [0], given: 0

Location: Seattle, WA

### Show Tags

11 Jan 2005, 22:06
I think it id D.

This is because the words "they sometimes lose money with a rise in short term rates" is one clause and the conjunction "and" joins it with the rest of the sentence.

Kudos [?]: 1 [0], given: 0

Director
Joined: 19 Nov 2004
Posts: 556

Kudos [?]: 272 [0], given: 0

Location: SF Bay Area, USA

### Show Tags

11 Jan 2005, 23:55
B) use of when indicates time whereas with in D does not

Kudos [?]: 272 [0], given: 0

Director
Joined: 08 Jul 2004
Posts: 595

Kudos [?]: 275 [0], given: 0

### Show Tags

16 Feb 2005, 17:18
can somebody explain why each choice is wrong or correct?
S
_________________

Regards, S

Kudos [?]: 275 [0], given: 0

Intern
Joined: 19 Jun 2005
Posts: 31

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

### Show Tags

28 May 2006, 03:30
When is required. A, B , C remain

In A : "there is a rise " is the right usage
In C : Wordy, sentence should indicate that banks are not able to raise.

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

GMAT Club Legend
Joined: 07 Jul 2004
Posts: 5034

Kudos [?]: 438 [0], given: 0

Location: Singapore

### Show Tags

28 May 2006, 20:01
We need 'when' to indicate the time the short term rates rise. D,E --> out
A,C have awkward and lengthy phrasing.

B is the best choice.

Kudos [?]: 438 [0], given: 0

28 May 2006, 20:01
Display posts from previous: Sort by