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The prime lending rate is a key rate in the economy: not only are the

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AndrewN
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Re: The prime lending rate is a key rate in the economy: not only are the [#permalink] New post   17 Jul 2022, 05:15
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Tanchat wrote:
Hi Experts, GMATNinja AndrewN

Me again

I do understand that why (B) iss correct and why the others are wrong.
I also understand that “:” is not a key to eliminate each choice.

However, I do want to know that what “:” function?
I found a question that use “:” to provide examples. If we have “semi-colon ; “, we do know that it must be either a list or a new clause, but what if “colon :”

Hello again, Tanchat. I recommend checking out the Purdue Online Writing Lab (OWL) for theory on grammar. The page I linked to is on punctuation in general, and you can find several uses for colons about halfway down the list. There are two uses that are pertinent to the GMAT™: to preface a list and to emphasize, explain, or define information within the independent clause that precedes it. In the sentence at hand, the latter half is meant to explain why or how [t]he prime lending rate is a key rate in the economy, so the use of the colon is appropriate.

- Andrew
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Tanchat
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Re: The prime lending rate is a key rate in the economy: not only are the [#permalink] New post   18 Jul 2022, 09:08
AndrewN wrote:
Tanchat wrote:
Hi Experts, GMATNinja AndrewN

Me again

I do understand that why (B) iss correct and why the others are wrong.
I also understand that “:” is not a key to eliminate each choice.

However, I do want to know that what “:” function?
I found a question that use “:” to provide examples. If we have “semi-colon ; “, we do know that it must be either a list or a new clause, but what if “colon :”

Hello again, Tanchat. I recommend checking out the Purdue Online Writing Lab (OWL) for theory on grammar. The page I linked to is on punctuation in general, and you can find several uses for colons about halfway down the list. There are two uses that are pertinent to the GMAT™: to preface a list and to emphasize, explain, or define information within the independent clause that precedes it. In the sentence at hand, the latter half is meant to explain why or how [t]he prime lending rate is a key rate in the economy, so the use of the colon is appropriate.

- Andrew


@AndewN
Thank you so much for all your responses and explanations.
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The prime lending rate is a key rate in the economy: not only are the [#permalink] New post   25 Sep 2022, 09:56
egmat ExpertsGlobal5 EMPOWERgmatVerbal

In this question, there is colon after economy, so after colon, something that describes the word (noun) before it

Doubt 1 : Is it necessary that it has to be economy or since it is prepositional phrase i.e "in the economy", it can also modify noun phrase key rates in the economy or even key rates

Doubt 2 : Assuming it has to modify key rates in the economy,
Option A and D starts with not only, this is not what modifies rate and hence should be eliminated, is this approach correct??
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Re: The prime lending rate is a key rate in the economy: not only are the [#permalink] New post   26 Sep 2022, 05:06
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Rickooreo wrote:
egmat ExpertsGlobal5 EMPOWERgmatVerbal

In this question, there is colon after economy, so after colon, something that describes the word (noun) before it

Doubt 1 : Is it necessary that it has to be economy or since it is prepositional phrase i.e "in the economy", it can also modify noun phrase key rates in the economy or even key rates

Doubt 2 : Assuming it has to modify key rates in the economy,
Option A and D starts with not only, this is not what modifies rate and hence should be eliminated, is this approach correct??


Hello Rickooreo,

We hope this finds you well.

To answer your query, the use of a colon does not indicate that what follows must modify the preceding noun; rather, the colon is used to introduce a list, a definition/explanation, or an answer/solution, and if the colon joins two independent clauses, the second clause must explain the first in some way.

In this case, the second clause explains why the prime lending rate is a key rate in the economy.

We hope this helps.
All the best!
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Re: The prime lending rate is a key rate in the economy: not only are the [#permalink] New post   01 Oct 2023, 00:38
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Re: The prime lending rate is a key rate in the economy: not only are the [#permalink]
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