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SSM700plus
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Updated on: 07 Jun 2018, 20:57
Originally posted by SSM700plus on 05 Jun 2018, 22:20.
Last edited by SSM700plus on 07 Jun 2018, 20:57, edited 1 time in total.
Last edited by SSM700plus on 07 Jun 2018, 20:57, edited 1 time in total.
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C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
85%
(hard)
Question Stats:
47% (02:11) correct
53%
(01:35)
wrong
based on 77
sessions
History
Date
Time
Result
Not Attempted Yet
So that banks can continue to make loans to their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans
A) their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans
B) their customers, the Federal Reserve Bank has made discount loans available that are slightly lower to the banks than the interest rates available with typical emergency loans
C) their customers, the Federal Reserve Bank has made available to the banks discount loans that have interest rates that are slightly lower than typical emergency loan rates
D) customers, the Federal Reserve Bank made discount loans available to the banks with interest rates that are slightly lower than typical emergency loans
E) customers, the Federal Reserve Bank has made available to the banks discount loans with interest rates that are slightly lower than typical emergency loans.
* Kudos for all Correct Explanation.
A) their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans
B) their customers, the Federal Reserve Bank has made discount loans available that are slightly lower to the banks than the interest rates available with typical emergency loans
C) their customers, the Federal Reserve Bank has made available to the banks discount loans that have interest rates that are slightly lower than typical emergency loan rates
D) customers, the Federal Reserve Bank made discount loans available to the banks with interest rates that are slightly lower than typical emergency loans
E) customers, the Federal Reserve Bank has made available to the banks discount loans with interest rates that are slightly lower than typical emergency loans.
* Kudos for all Correct Explanation.
Show SpoilerOfficial Explaination
The primary objective in this Comparison question is making sure that you're constructing a logical comparison, that you're comparing like things. Note that several answer choices compare "interest rates" (in the new loans) to "typical emergency loans." You need to compare rates to rates - it's that the interest rates on these new loans are lower than the rates of the typical loans.
Only choices (B) and (C) take care to include "rates" in the second item of the comparison (typical emergency loan rates), so you can eliminate (A), (D), and (E). And with (B),. note that "interest rates" is not part of the first item (the new discount loans) so it makes the same mistake, just on the other item of the comparison. Only choice (C) properly compares interest rates to interest rates, so (C) is correct
Only choices (B) and (C) take care to include "rates" in the second item of the comparison (typical emergency loan rates), so you can eliminate (A), (D), and (E). And with (B),. note that "interest rates" is not part of the first item (the new discount loans) so it makes the same mistake, just on the other item of the comparison. Only choice (C) properly compares interest rates to interest rates, so (C) is correct
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SajjitaKundu
GMAT 1: 690 Q50 V31
Posts: 109
05 Jun 2018, 22:55
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I must say this is a toughie. I took well over 2 mins to solve this one.
IMO the answer should be C. Only that compares the rates(of discount loans) correctly with rates(of emergency loans). But even A is a strong contender as it compares loans directly to loans. The only reason I left out A was because of ' a slightly lower interest rate'. I think since loans is being used, we should use rates.
Hope this helps.
IMO the answer should be C. Only that compares the rates(of discount loans) correctly with rates(of emergency loans). But even A is a strong contender as it compares loans directly to loans. The only reason I left out A was because of ' a slightly lower interest rate'. I think since loans is being used, we should use rates.
Hope this helps.
05 Jun 2018, 23:16
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What should be the posiible answer for this question ??
As acording to me the correct answer should be 'D'
As acording to me the correct answer should be 'D'
