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# The bank acknowledged that they are and will continue to experience

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Intern
Joined: 07 May 2017
Posts: 2
The bank acknowledged that they are and will continue to experience  [#permalink]

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19 Jan 2018, 06:34
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66% (01:08) correct 34% (01:11) wrong based on 193 sessions

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The bank acknowledged that they are and will continue to experience difficulties as it attempts to deal with the precipitous fall of the dollar against the yen and the dislocations reflected in the stock market decline.

A. they are and will continue to experience difficulties as it attempts
B. they are and will continue to experience difficulties as they attempt
C. it is and will continue to experience difficulties as it attempts
D. it is experiencing and will continue to experience difficulties as they make an attempt
E. its difficulties are likely to continue as it attempts

Having trouble accepting E as the answer. Doesn't it change the meaning of the sentence (the banks ARE and WILL continue to experience, however option E says likely to continue)
Can someone explain why E remains the best choice?
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Re: The bank acknowledged that they are and will continue to experience  [#permalink]

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19 Jan 2018, 06:36
richabala26 wrote:
The bank acknowledged that they are and will continue to experience difficulties as it attempts to deal with the precipitous fall of the dollar against the yen and the dislocations reflected in the stock market decline.

A they are and will continue to experience difficulties as it attempts
B they are and will continue to experience difficulties as they attempt
C it is and will continue to experience difficulties as it attempts
D it is experiencing and will continue to experience difficulties as they make an attempt
E its difficulties are likely to continue as it attempts

Having trouble accepting E as the answer. Doesn't it change the meaning of the sentence (the banks ARE and WILL continue to experience, however option E says likely to continue)
Can someone explain why E remains the best choice?

Errors in other options highlighted in RED, correct answer must be (E)
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Joined: 27 May 2014
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Re: The bank acknowledged that they are and will continue to experience  [#permalink]

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19 Jan 2018, 08:10
The bank acknowledged that they are and will continue to experience difficulties as it attempts to deal with the precipitous fall of the dollar against the yen and the dislocations reflected in the stock market decline.

A they are and will continue to experience difficulties as it attempts
B they are and will continue to experience difficulties as they attempt
C it is and will continue to experience difficulties as it attempts
D it is experiencing and will continue to experience difficulties as they make an attempt
E its difficulties are likely to continue as it attempts

Eliminate A,B, and D for pronoun issue.
Eliminate C for will (should be Would if in past tense).

Only possible answer is E. (it is okay to change the meaning slightly, other options have major issues )
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Joined: 02 Jan 2018
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Re: The bank acknowledged that they are and will continue to experience  [#permalink]

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19 Jan 2018, 08:37
1
They will continue .. ABC cut out straight.. Cause adding extra word need not to say" they are" and it is as it is already there with the word continue.. Who are they in D.. So only option left is E referring to bank

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Re: The bank acknowledged that they are and will continue to experience  [#permalink]

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19 Jan 2018, 09:04
1
1
richabala26 wrote:
The bank acknowledged that they are and will continue to experience difficulties as it attempts to deal with the precipitous fall of the dollar against the yen and the dislocations reflected in the stock market decline.

A they are and will continue to experience difficulties as it attempts
B they are and will continue to experience difficulties as they attempt
C it is and will continue to experience difficulties as it attempts
D it is experiencing and will continue to experience difficulties as they make an attempt
E its difficulties are likely to continue as it attempts

Having trouble accepting E as the answer. Doesn't it change the meaning of the sentence (the banks ARE and WILL continue to experience, however option E says likely to continue)
Can someone explain why E remains the best choice?

Bank is singular, so it should be referred by 'it' not 'they'.
Options A and B are out.
C is also incorrect as 'it is' before 'and' is incomplete.
D incorrectly refers bank as 'they'.
E uses the correct pronoun 'it' and is concise.
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Location: India
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Re: The bank acknowledged that they are and will continue to experience  [#permalink]

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19 Feb 2019, 09:56
1
The bank acknowledged that they are and will continue to experience difficulties as it attempts to deal with the precipitous fall of the dollar against the yen and the dislocations reflected in the stock market decline.

A they are and will continue to experience difficulties as it attempts
B they are and will continue to experience difficulties as they attempt
C it is and will continue to experience difficulties as it attempts
D it is experiencing and will continue to experience difficulties as they make an attempt
E its difficulties are likely to continue as it attempts

So we are all clear with why A,B and D are wrong-bank is a collective noun and is thus singular.

Now comming to the C and E, as we read the sentence we can see that the main verb of the sentence is acknowledged(past tense) and its a grammer rule that 'will'
becomes 'would' if written in past tense. and that's why C is wrong. We are left with only E , Which is correct.
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Re: 22. The bank acknowledged that <<they are and will   [#permalink]

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04 Nov 2019, 04:53
Hello from the GMAT Club VerbalBot!

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Re: 22. The bank acknowledged that <<they are and will   [#permalink] 04 Nov 2019, 04:53