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

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Manager
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The prime lending rate is a key rate in the economy: not [#permalink]

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27 May 2009, 21:38
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65% (hard)

Question Stats:

51% (01:13) correct 49% (01:13) wrong based on 1560 sessions

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The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on a growing number of consumer loans, including home equity loans.

(A) not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on
(B) tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on
(C) the interest rates not only on most loans to small and medium-sized businesses are tied to the prime, but also
(D) not only the interest rates on most loans to small and medium-sized businesses are tied to the prime, but also on
(E) the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also
[Reveal] Spoiler: OA

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15 Oct 2009, 23:08
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tejal777 wrote:
guys..true that only option b supports parallism..but what confused me was "..tied to the prime are the interest rates.." is'nt that a passive construction??

No this is not a passive construction, just a different way of framing the sentence. To give an analogy.

Gone are the days of cheap gas.
The days of cheap gas are gone.

The voice here still remains active. Makes sense ?
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Re: The prime lending rate is a key rate in the economy: not [#permalink]

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10 Oct 2013, 23:33
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Only B correct. You can see the non-underlined part "The prime lending rate is a key rate in the economy:............" Technically, after the colon, there is an explanation for the part before the colon. The sentence is about "the prime lending rate". <== KEY to solve this question.

The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on a growing number of consumer loans, including home equity loans.

(A) not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on
Wrong.
- Parallelism problem: Not only [are the interest rates]...., but also on [a growing number of consumer loan].
- Meaning problem: A means only interest rates on loan to S&M business tied to the prime! How about consumer loan?. Keep in mind, the main subject of the sentence is "The PRIME lending rate" + colon ==> both business loans and consumer loans are tied to the prime.

(B) tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on
Correct.

(C) the interest rates not only on most loans to small and medium-sized businesses are tied to the prime, but also
Wrong.
- Parallelism problem: Not only on,....but also..........(without "on")

(D) not only the interest rates on most loans to small and medium-sized businesses are tied to the prime, but also on
Wrong.
- Parallelism problem: Not only [the interest rates] on most loan...., but also on [a growing number of consumer loan].
- Meaning problem: A means only interest rates on loan to S&M business tied to the prime! How about consumer loan. ==> Refer to the explanation on A.

(E) the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also
Wrong.
- Parallelism problem: Not only on,....but also..........(without "on")

Hope it helps.
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27 May 2009, 21:45
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nightwing79 wrote:
The prime lending rate is a key rate in the economy: not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on a growing number of consumer loans, including home equity loans.

A. not only are the interest rates on most loans to small and medium-sized businesses tied to the prime, but also on
B. tied to the prime are the interest rates not only on most loans to small and medium-sized businesses, but also on
C. the interest rates not only on most loans to small and medium-sized businesses are tied to the prime, but also
D. not only the interest rates on most loans to small and medium-sized businesses are tied to the prime, but also on
E. the interest rates are tied to the prime, not only on most loans to small and medium-sized businesses, but also

B. llism: not only on x, but also on y.
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15 Oct 2009, 08:46
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Agree construction should be not only on X but also on Y.
This removes A,C,D

I would go with E. Is B correct because of a modifier issue?

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01 Oct 2010, 11:34
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I opted for E but i didnt notice the missing word 'on' at the end of the sentence ... It has to be option B...

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29 Oct 2013, 04:48
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siyer wrote:
I went with E. E also supports parallelism and it seems to be better formed than B.

Just to make sure that you get the answer: The option E is missing the "ON" word at the end.
That is disastrous to the parallelism we require. So the only option with Correct parallelism and clear concise meaning has to be "B"

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15 Oct 2009, 01:41
guys..true that only option b supports parallism..but what confused me was "..tied to the prime are the interest rates.." is'nt that a passive construction??
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15 Oct 2009, 23:03
This question was posted in May. So I don't think we will get an OA from the person who posted the original question
I checked it from another website and got the OA as
[Reveal] Spoiler:
B
.

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01 Oct 2010, 05:59
was scared by ":"....what does it signify.....???

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01 Oct 2010, 06:07
parallelism is the core of SC, I think.

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01 Oct 2010, 07:26
Raths wrote:
was scared by ":"....what does it signify.....???

The colon is used to provide further explanation or to expand on something. The sentence before the colon must be able to stand alone.

Hope that helps!

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01 Oct 2010, 07:44
I went with E. E also supports parallelism and it seems to be better formed than B.
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01 Oct 2010, 09:16
@Redjam.
Tnx Though I have one more doubt.
How one can find out about the word which is being defined . I tht that the
last word gets defined but clearly thats not the case . I think rate is
being defined here.

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01 Oct 2010, 10:09
B seems the most logical and most concise

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01 Oct 2010, 12:39
I went with B. Didn't even read all the Ans choices

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01 Oct 2010, 17:11
Went with option D

Happy to see and identify my mistake.
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01 Oct 2010, 17:11
Went with option D

Happy to see and identify my mistake.

Oops. Double post. Am unable to delete this post.
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Last edited by ezhilkumarank on 01 Oct 2010, 17:46, edited 1 time in total.

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01 Oct 2010, 17:39
Raths wrote:
@Redjam.
Tnx Though I have one more doubt.
How one can find out about the word which is being defined . I tht that the
last word gets defined but clearly thats not the case . I think rate is
being defined here.

It is preferred to have whatever you're expanding closest to the colon, but as you indicated it's not always the case. I haven't come across that many questions with colons in my studying but I doubt that would ever be the deciding factor in an answer. That is, there will always be other mistakes.

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02 Oct 2010, 09:28
What makes B better than E? I picked E.

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Re: Prime Lending Rate   [#permalink] 02 Oct 2010, 09:28

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