Last visit was: 13 Dec 2024, 21:57 It is currently 13 Dec 2024, 21:57
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
User avatar
Bunuel
User avatar
Math Expert
Joined: 02 Sep 2009
Last visit: 13 Dec 2024
Posts: 97,874
Own Kudos:
685,644
 []
Given Kudos: 88,269
Products:
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Posts: 97,874
Kudos: 685,644
 []
Kudos
Add Kudos
3
Bookmarks
Bookmark this Post
User avatar
harsha3699
Joined: 21 Nov 2016
Last visit: 07 Jun 2024
Posts: 76
Own Kudos:
Given Kudos: 405
GMAT 1: 640 Q47 V31
GMAT 1: 640 Q47 V31
Posts: 76
Kudos: 72
Kudos
Add Kudos
Bookmarks
Bookmark this Post
avatar
Rajat4u
Joined: 09 Apr 2018
Last visit: 28 Feb 2020
Posts: 6
Given Kudos: 29
Posts: 6
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
harsha3699
Joined: 21 Nov 2016
Last visit: 07 Jun 2024
Posts: 76
Own Kudos:
Given Kudos: 405
GMAT 1: 640 Q47 V31
GMAT 1: 640 Q47 V31
Posts: 76
Kudos: 72
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Rajat4u
Bunuel
The recent drop in the prime interest rate probably results from the Federal Reserve Bank's tight money policy and its effect on lending institutions rather than to the drop in the overall rate of inflation

(A) its effect on lending institutions rather than to the drop in the overall
(B) its affect on lending institutions, as opposed to the drop in the overall
(C) it's effect on lending institutions, rather than from the drop in the overall
(D) its effect on lending institutions rather than from the drop in the overall
(E) the effect on lending institutions, rather than to the drop in the overall


Why "from the drop" and not "to the drop" ?

We are considering both Federal tight money and overall.... at the same level and are given same importance
It's like this, in the most miniscule terms.. Water is coming from tap A and not from tap B.

Posted from my mobile device
avatar
Kunal112
Joined: 17 Jul 2018
Last visit: 11 Jun 2020
Posts: 21
Own Kudos:
28
 []
Given Kudos: 24
GMAT 1: 600 Q49 V22
GMAT 2: 700 Q50 V34
GMAT 2: 700 Q50 V34
Posts: 21
Kudos: 28
 []
Kudos
Add Kudos
1
Bookmarks
Bookmark this Post
Need to understand the difference between 'it's effect" vs "its effect"
It will be really helpful if you can help me with a definite rule

I selected C here
avatar
navaneethmmb
Joined: 27 Apr 2015
Last visit: 04 Feb 2021
Posts: 24
Own Kudos:
29
 []
Given Kudos: 33
Location: Singapore
Concentration: General Management, Strategy
GMAT 1: 620 Q47 V28
GPA: 3.32
GMAT 1: 620 Q47 V28
Posts: 24
Kudos: 29
 []
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Kunal112
Need to understand the difference between 'it's effect" vs "its effect"
It will be really helpful if you can help me with a definite rule

I selected C here

Hi Kunal112,

It's is a short form of " it is " and does not mean 'belongs to it' . This is an exception.
To mean something belonging to 'it' , we say "Its..." (without the apostrophe)

In the above question, "It's effect..." should be read as " it is effect..." which doesn't make sense.
"its effect ..." means the "effect of it" (possessive)

Other such examples you may have come across are :
"That's an easy question" ... actually means " That is an easy question"


Hope this helps :)
User avatar
IIVarianceII
Joined: 07 Jun 2019
Last visit: 16 Jul 2020
Posts: 2
Given Kudos: 40
Posts: 2
Kudos: 0
Kudos
Add Kudos
Bookmarks
Bookmark this Post
1.According to parallelism
And this question is talking about the Federal Reserve Bank’s policy and effect. -----should be using its.
2. From the Federal Reserve Bank.........from the drop in the overall rate of inflation
Moderators:
GMAT Club Verbal Expert
7163 posts
GMAT Club Verbal Expert
234 posts