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The globalization of financial-services companies has been a boon to

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Re: The globalization of financial-services companies has been a boon to [#permalink]

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New post 09 Aug 2016, 03:07
The globalization of financial-services companies has been a boon to money launders,
because of allowing money placed in a bank in a less regulated jurisdiction to be
transferred to a branch in a more regulated one.

meaning - globalization is allowing money transfer from X to Y.

A. of allowing money placed in a bank in a less regulated jurisdiction to be
transferred
B. of allowing the transfer of money placed in a bank in a less regulated jurisdiction

because of +verb-ing is always wrong.

C. it allows that money placed in a bank in a less regulated jurisdiction is transferred
D. it allows the transfer of money have been placed in a bank in a less regulated
jurisdiction
E. it allows money placed in a bank in a less regulated jurisdiction to be transferred

Allow take "to" infinitive..SO E
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Re: The globalization of financial-services companies has been a boon to [#permalink]

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New post 19 Aug 2017, 11:32
2
Solution 1

Any time an underlined portion begins with a preposition - especially if some answer choices contain a preposition and some do not - it's likely that the GMAT is testing IDIOMS.

In option B, ‘because of allowing the transfer’ is unidiomatic.
‘because of’ must be followed by a noun.
The command subjunctive applies only when there is some ‘bossiness’ involved. ‘allow’ is clearly not bossy and we don’t need a bossy word here. Therefore, ‘allows that’ doesn’t make sense.

BECAUSE + OF must be followed by a noun only:
Because of you, I never strayed too far from the sidewalks... (remember that song?)

BECAUSE + [no preposition] will be followed by an action - a clause. Compare these two:
I couldn't play kickball because of my sprained ankle.
I couldn't play kickball because I sprained my ankle.
Since we're discussing the action of allowing the transfer of money, we shouldn't use OF. Eliminate A and B.
D contains a violation of subject-verb agreement: "the transfer of money have been placed..."
Between C and E, we have two different idiomatic structures: ALLOW THAT and ALLOW TO. Both of these could be correct, but in different contexts. Option C is unidiomatic.
Correct structure is –
allow X to do Y – infinitive
Structure of option D is incorrect
It allows X have been … Two verbs with no connector
it allows the transfer of money have been placed in a bank

ALLOW THAT is not very common in modern English, though it may still be considered correct by some grammarians. It is used primarily in the context of acknowledgment / belief: "I allow that she is very accomplished" = I admit or acknowledge.
If it's used in the context of permission, it must be used in the command subjunctive:
"... it allows that money... BE transferred..." rather than "is transferred." C is therefore incorrect.

ALLOW ___ TO BE ____ is the much more common version of the idiom. (More common versions of idioms are almost always found in correct answers). The correct answer is E.
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Re: The globalization of financial-services companies has been a [#permalink]

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New post 02 Sep 2017, 06:11
raghavs wrote:
The globalization of financial-services companies has been a boon to money launders,
because of allowing money placed in a bank in a less regulated jurisdiction to be
transferred
to a branch in a more regulated one.
A. of allowing money placed in a bank in a less regulated jurisdiction to be
transferred
B. of allowing the transfer of money placed in a bank in a less regulated jurisdiction
C. it allows that money placed in a bank in a less regulated jurisdiction is transferred
D. it allows the transfer of money have been placed in a bank in a less regulated
jurisdiction
E. it allows money placed in a bank in a less regulated jurisdiction to be transferred




Cant "it" refer to both BOON and Globalization?
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Re: The globalization of financial-services companies has been a boon to [#permalink]

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New post 30 Sep 2017, 03:51
saurya_s wrote:
The globalization of financial-services companies has been a boon to money launders,
because of allowing money placed in a bank in a less regulated jurisdiction to be
transferred
to a branch in a more regulated one.

A. of allowing money placed in a bank in a less regulated jurisdiction to be
transferred
B. of allowing the transfer of money placed in a bank in a less regulated jurisdiction
C. it allows that money placed in a bank in a less regulated jurisdiction is transferred
D. it allows the transfer of money have been placed in a bank in a less regulated
jurisdiction
E. it allows money placed in a bank in a less regulated jurisdiction to be transferred


Please explain



@e-gmat
daagh
Kindly request you to please see that in option E-Two independent clausea are joined by(,Plus because), but as far as my knowledge is concerned to connect two independent clauses we use ,+fanboys-in this b stands for but..
Kindly request you to please explain
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Re: The globalization of financial-services companies has been a boon to [#permalink]

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New post 24 Nov 2017, 00:07
A is wrong b/c "because" demonstrates a clear causal relationship, while "because of" demonstrates a reason for a conclusion.
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Re: The globalization of financial-services companies has been a [#permalink]

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New post 26 Nov 2017, 04:13
1
The globalization of financial-services companies has been a boon to money launders, because of allowing money placed in a bank in a less regulated jurisdiction to be transferred to a branch in a more regulated one.
A. of allowing money placed in a bank in a less regulated jurisdiction to be transferred - BECAUSE + OF must be followed by a noun only . Since we're discussing the action of allowing the transfer of money, we shouldn't use OF .
B. of allowing the transfer of money placed in a bank in a less regulated jurisdiction - Same as A
C. it allows that money placed in a bank in a less regulated jurisdiction is transferred - It is used primarily in the context of acknowledgment/belief: "I allow that she is very accomplished" = I admit or acknowledge.
If it's used in the context of permission, it must be used in the command subjunctive:
"... it allows that money... BE transferred..." rather than "is transferred." C is therefore incorrect.
D. it allows the transfer of money have been placed in a bank in a less regulated jurisdiction - subject-verb agreement issue - the transfer needs HAS
E. it allows money placed in a bank in a less regulated jurisdiction to be transferred - Correct

Answer E

BECAUSE + [no preposition] will be followed by an action - a clause. Compare these two:
I couldn't play kickball because of my sprained ankle.
I couldn't play kickball because I sprained my ankle.
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Re: The globalization of financial-services companies has been a [#permalink]

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New post 27 Nov 2017, 01:38
Skywalker18 wrote:
The globalization of financial-services companies has been a boon to money launders, because of allowing money placed in a bank in a less regulated jurisdiction to be transferred to a branch in a more regulated one.
A. of allowing money placed in a bank in a less regulated jurisdiction to be transferred - BECAUSE + OF must be followed by a noun only . Since we're discussing the action of allowing the transfer of money, we shouldn't use OF .
B. of allowing the transfer of money placed in a bank in a less regulated jurisdiction - Same as A
C. it allows that money placed in a bank in a less regulated jurisdiction is transferred - It is used primarily in the context of acknowledgment/belief: "I allow that she is very accomplished" = I admit or acknowledge.
If it's used in the context of permission, it must be used in the command subjunctive:
"... it allows that money... BE transferred..." rather than "is transferred." C is therefore incorrect.
D. it allows the transfer of money have been placed in a bank in a less regulated jurisdiction - subject-verb agreement issue - the transfer needs HAS
E. it allows money placed in a bank in a less regulated jurisdiction to be transferred - Correct

Answer E

BECAUSE + [no preposition] will be followed by an action - a clause. Compare these two:
I couldn't play kickball because of my sprained ankle.
I couldn't play kickball because I sprained my ankle.


Hi Skywalker,
Cant we eliminate C on the basis that allows that takes subjunctive form and for that the verb be is required. Subjunctive form- Noun/ Pronoun allows that X be Y.
Re: The globalization of financial-services companies has been a   [#permalink] 27 Nov 2017, 01:38

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