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Since savings banks have to use short term deposits to

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

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New post 15 Sep 2003, 05:58
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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


Does "they" in B have a logical referent ?

what are the problems with C...

thanks
praetorian

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 [#permalink]

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New post 15 Sep 2003, 20:44
I would choose B

Notice that "they" is already been used in the part of the sentence that is not underlined (which is supposed to be ok).

If this validates "they", then B is better than C since it's much more concise.


What do you think?

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Re: SC : Savings Banks [#permalink]

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New post 23 Oct 2003, 15:38
[quote="praetorian123"]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


Does "they" in B have a logical referent ?

what are the problems with C...

C changes the meaning. "there is no rise possible in" # "they are unable to raise". "possible" is bad :lol:
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I have 2 month for gmat.

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Re: SC : Savings Banks [#permalink]

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New post 20 Mar 2010, 18:32
Why comma (,) is not used in choice B before and. I think B should have been as follows:

when short-term rates rise, and they are unable to raise

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Re: SC : Savings Banks   [#permalink] 20 Mar 2010, 18:32
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