Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack

 It is currently 29 May 2017, 01:41

### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# V01 #27

Author Message
Manager
Joined: 04 Feb 2007
Posts: 85
Followers: 2

Kudos [?]: 81 [0], given: 16

### Show Tags

14 Apr 2010, 16:21
It can be inferred from the passage that the author makes which of the following assumptions about traditional lending in the form of foreign aid?

a) Traditional lenders are more interested in earning profit than in giving assistance.
b) Leaders of struggling countries are dissatisfied with the approach of traditional lending.
c) Traditional lending is not flexible enough to loan amounts less than $1,000. d) A complicated administration process often limited the money available to individuals and families. e) Traditional lending is outdated and will eventually be replaced by microloan programs. the OA is d but I have to disagree with the OA here. "A complicated administration process often limited the money available to individuals and families." When using the phrase "limited the money available.." this means that there was a limited pool of money available for individuals and families. However the passage never states that the pool of money was limited. It states that .." bureaucracy and administration costs frequently…prevented money from reaching individuals and families in struggling countries." using "prevented" here means that there money was available but it was blocked from reaching individuals and families. Since we must use an inference here, this prevention was due to the bureaucracy and administration costs ... which made the program not flexible enough to loan small amounts such as$1000 or less.
Thus I say that the correct answer should be C
_________________

If you like my post, a kudos is always appreciated

V01 #27   [#permalink] 14 Apr 2010, 16:21
Similar topics Replies Last post
Similar
Topics:
1 V01 #9 2 30 Jul 2009, 18:11
V01 - #22 2 06 Jun 2010, 13:00
1 V01 - #12 3 30 Oct 2008, 08:32
V01 #04 1 30 Oct 2008, 09:21
Not seeing percentile for V01 2 17 Aug 2008, 06:26
Display posts from previous: Sort by

# V01 #27

Moderator: Bunuel

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.