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So that banks can continue to make loans to their customers, the Feder

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So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 02 Jun 2018, 12:48
1
6
00:00
A
B
C
D
E

Difficulty:

  75% (hard)

Question Stats:

56% (01:58) correct 44% (01:53) wrong based on 474 sessions

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So that banks can continue to make loans to their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans.

(A) their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans

(B) their customers, the Federal Reserve Bank has made discount loans available that are slightly lower to the banks than the interest rates available with typical emergency loans

(C) their customers, the Federal Reserve Bank has made available to the banks discount loans that have interest rates that are slightly lower than typical emergency loan rates

(D) customers, the Federal Reserve Bank made discount loans available to the banks with interest rates that are slightly lower than typical emergency loans

(E) customers, the Federal Reserve Bank has made available to the banks discount loans with interest rates that are slightly lower than typical emergency loans

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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 03 Jun 2018, 01:09
Bunuel wrote:
So that banks can continue to make loans to their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans.


A. their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans

B. their customers, the Federal Reserve Bank has made discount loans available that are slightly lower to the banks than the interest rates available with typical emergency loans

C. their customers, the Federal Reserve Bank has made available to the banks discount loans that have interest rates that are slightly lower than typical emergency loan rates

D. customers, the Federal Reserve Bank made discount loans available to the banks with interest rates that are slightly lower than typical emergency loans

E. customers, the Federal Reserve Bank has made available to the banks discount loans with interest rates that are slightly lower than typical emergency loans


Comparison question. Rate with Rate. Only C compare correct things.
Answer - C
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 03 Jun 2018, 13:23
D

A,B,C,E all have has, past tense and the stem says "So that banks CAN continue"

if you want to use has then it should be COULD instead of CAN
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 03 Jun 2018, 17:25
spatel2 wrote:
D

A,B,C,E all have has, past tense and the stem says "So that banks CAN continue"

if you want to use has then it should be COULD instead of CAN


(D) is not parallel: the Federal Reserve Bank made discount loans available to the banks with interest rates that are slightly lower than typical emergency loans
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 10 Jun 2018, 03:26
Bunuel wrote:
So that banks can continue to make loans to their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans.

(A) their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans

(B) their customers, the Federal Reserve Bank has made discount loans available that are slightly lower to the banks than the interest rates available with typical emergency loans

(C) their customers, the Federal Reserve Bank has made available to the banks discount loans that have interest rates that are slightly lower than typical emergency loan rates

(D) customers, the Federal Reserve Bank made discount loans available to the banks with interest rates that are slightly lower than typical emergency loans

(E) customers, the Federal Reserve Bank has made available to the banks discount loans with interest rates that are slightly lower than typical emergency loans


VERITAS PREP OFFICIAL SOLUTION:



The primary objective in this Comparison question is making sure that you're constructing a logical comparison, that you're comparing like things. Note that several answer choices compare "interest rates" (in the new loans) to "typical emergency loans." You need to compare rates to rates - it's that the interest rates on these new loans are lower than the rates of the typical loans.

Only choices (B) and (C) take care to include "rates" in the second item of the comparison (typical emergency loan rates), so you can eliminate (A), (D), and (E). And with (B),. note that "interest rates" is not part of the first item (the new discount loans) so it makes the same mistake, just on the other item of the comparison. Only choice (C) properly compares interest rates to interest rates, so (C) is correct.
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 23 Aug 2018, 14:15
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I do understand that rates should be compared to rates. However, I think that "their customers" introduces a pronoun error. Would it be apt to state that the way "their customers" is used right at the end of the clause and before the subject "Federal Bank", may lead to confusion regarding whose customers are actually being referred to - the Federal Bank's or the other banks'? Would it be incorrect to assume that the Federal Bank may have its own customers (internal or external)?
mikemcgarry, GMATNinja, Bunuel - could you please throw some light on this?
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 25 Aug 2018, 22:53
Check the meaning.

A-> banks do not have a slightly lower interest rates - OUT
B-> discount loans are lower than interest rates - OUT
C-> compares interest rates. Interest rates are lower. KEEP
D->again, banks do not have lower interest rates. Complete mess of the meaning. - OUT
E->discount loans with interest rates is lower than typical emergency loans. - OUT

So, C is the answer.


Bunuel wrote:
So that banks can continue to make loans to their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans.

(A) their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans

(B) their customers, the Federal Reserve Bank has made discount loans available that are slightly lower to the banks than the interest rates available with typical emergency loans

(C) their customers, the Federal Reserve Bank has made available to the banks discount loans that have interest rates that are slightly lower than typical emergency loan rates

(D) customers, the Federal Reserve Bank made discount loans available to the banks with interest rates that are slightly lower than typical emergency loans

(E) customers, the Federal Reserve Bank has made available to the banks discount loans with interest rates that are slightly lower than typical emergency loans
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 26 Aug 2018, 03:04
shubhajit wrote:
I do understand that rates should be compared to rates. However, I think that "their customers" introduces a pronoun error. Would it be apt to state that the way "their customers" is used right at the end of the clause and before the subject "Federal Bank", may lead to confusion regarding whose customers are actually being referred to - the Federal Bank's or the other banks'? Would it be incorrect to assume that the Federal Bank may have its own customers (internal or external)?
mikemcgarry, GMATNinja, Bunuel - could you please throw some light on this?


Hey shubhajit

Federal Bank - singular noun - "their" doesn't go with it.

Pronoun "their" has clear antecedent in "banks".

Hope this helps!!
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 26 Aug 2018, 10:00
ritusinha22 wrote:
C


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Can you please elaborate the logic behind PoE (points of elimination) that lead to this answer.
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 11 Mar 2019, 09:06
Only C compares ‘rates’ and ‘rates’. All of the others break //ism.
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 18 May 2019, 12:39
I understand that 3 is the right choice because only in that option interest rates are being compared, but i find the structure of that sentence wrong.
Instead of 'the Federal Reserve Bank has made available to the banks discount loans' , 'the Federal Reserve Bank has made discount loans available to the banks' seems more appropriate

Eg: Apple has made iphone available to customers

seems more appropriate than

Apple has made available to customers iphone

Where am I wrong?
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Re: So that banks can continue to make loans to their customers, the Feder  [#permalink]

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New post 18 May 2019, 23:06
Ambika02 wrote:
I understand that 3 is the right choice because only in that option interest rates are being compared, but i find the structure of that sentence wrong.
Instead of 'the Federal Reserve Bank has made available to the banks discount loans' , 'the Federal Reserve Bank has made discount loans available to the banks' seems more appropriate

Eg: Apple has made iphone available to customers

seems more appropriate than

Apple has made available to customers iphone

Where am I wrong?



My question to you. Out of all the given choices, does any other choice seems relevant to you?? If No, then this choice is your only answer.
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Re: So that banks can continue to make loans to their customers, the Feder   [#permalink] 18 May 2019, 23:06
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