Summer is Coming! Join the Game of Timers Competition to Win Epic Prizes. Registration is Open. Game starts Mon July 1st.

It is currently 23 Jul 2019, 04:52

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

While bear markets certainly hurt institutional investors, they are

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Find Similar Topics 
Manager
Manager
avatar
G
Joined: 30 Apr 2016
Posts: 72
Location: India
GMAT 1: 720 Q50 V38
GPA: 4
Reviews Badge
While bear markets certainly hurt institutional investors, they are  [#permalink]

Show Tags

New post 16 Apr 2017, 11:00
3
8
00:00
A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

58% (01:28) correct 42% (01:31) wrong based on 390 sessions

HideShow timer Statistics


While bear markets certainly hurt institutional investors, they are potentially devastating for individual investors, whose nest eggs—in many cases representing the sole source of retirement funds—can plummet or even vanish entirely.

(A) they are potentially devastating for individual investors, whose

(B) they can potentially devastate individual investors in that their

(C) for individual investors they are potentially devastating, because their

(D) for individual investors, it is potentially devastating in that their

(E) it can potentially devastate individual investors, whose
Director
Director
User avatar
G
Affiliations: CrackVerbal
Joined: 03 Oct 2013
Posts: 564
Location: India
GMAT 1: 780 Q51 V46
Re: While bear markets certainly hurt institutional investors, they are  [#permalink]

Show Tags

New post 17 Apr 2017, 05:20
1
Top Contributor
2
this one tests you on pronouns --

Option B - Incorrect

"they can potentially devastate individual investors in that their" -- the first "they" refers to "bear markets".
the second pronoun "their" should logically refer to "institutional investors". Incorrect.

Option C - Incorrect

"for individual investors they are potentially devastating, because their" -- the same form of the pronoun should logically refer to two different things "bear markets" and "individual investors".

Option D - Incorrect

the pronoun "it" does not have a logical antecedent.

Option E - Incorrect

Same thing -- the pronoun "it" does not have a logical antecedent.
_________________
- CrackVerbal Prep Team

For more info on GMAT and MBA, follow us on @AskCrackVerbal

Register for the Free GMAT Kickstarter Course : http://bit.ly/2DDHKHq

Register for our Personal Tutoring Course : https://www.crackverbal.com/gmat/personal-tutoring/

Join the free 4 part GMAT video training series : http://bit.ly/2DGm8tR
Intern
Intern
avatar
B
Joined: 14 May 2017
Posts: 46
Re: While bear markets certainly hurt institutional investors, they are  [#permalink]

Show Tags

New post 19 Dec 2017, 17:57
aurobindomahanty wrote:
While bear markets certainly hurt institutional investors, they are potentially devastating for individual investors, whose nest eggs - in many cases representing the sole source of retirement funds - can plummet or even vanish entirely.

A. they are potentially devastating for individual investors, whose
B. they can potentially devastate individual investors in that their
C. for individual investors they are potentially devastating, because their
D. for individual investors, it is potentially devastating in that their
E. it can potentially devastate individual investors, whose


I got the answer right by different approach.

A. they are potentially devastating for individual investors, whose
B. they can potentially devastate individual investors in that their - Meaning Issue. Original sentence bear markets are devasting individula investors it doesn't talks about capability. While option B talks about capability.
C. for individual investors they are potentially devastating, because their Meaning Issue - In Original sentence whose describes institutional investors and we dont know whether nest eggs bla bla is reason for this.

In D and E pronoun-antecedent error. It cannot refer to plural Bear Markets.
Director
Director
User avatar
D
Joined: 08 Jun 2013
Posts: 560
Location: France
Schools: INSEAD Jan '19
GMAT 1: 200 Q1 V1
GPA: 3.82
WE: Consulting (Other)
GMAT ToolKit User Premium Member
Re: While bear markets certainly hurt institutional investors, they are  [#permalink]

Show Tags

New post 02 Sep 2018, 04:47
The most actionable decision point on this problem is the end-of-choice difference between "whose" in (A) and (E) and "their" in (B), (C), and (D). Note that each of those choices is a commonly tested concept: "whose" sets up a relative modifier and "their" is a pronoun.

"Whose" in (A) and (E) directly modifies "investors" and provides a logical meaning to the sentence. Investors have nest eggs and retirement funds, so this modifier is appropriate. It also shows why relative modifiers can be so important: in (B), (C), and (D), "their" adds ambiguity at best and an illogical meaning at worst. Does "their" apply to "investors" or to "bear markets"? Note that in (B) a plural pronoun "they" has already been set to apply to "bear markets" while in (C) and (D) at best it's unclear which plural noun "their" applies to. So the answer must be (A) or (E), each of which provides a clear, logical meaning: it's the investors whose nest eggs may be affected.

Between (A) and (E) lies another pronoun issue: (E) uses the singular "it" to refer to the plural "bear markets," creating a pronoun agreement error. (A) commits neither error - it uses appropriate pronouns along with the crystal clear "whose" to modify "investors." Accordingly, (A) is correct.
_________________
Everything will fall into place…

There is perfect timing for
everything and everyone.
Never doubt, But Work on
improving yourself,
Keep the faith and
Stay ready. When it’s
finally your turn,
It will all make sense.
Intern
Intern
User avatar
B
Joined: 26 Jul 2018
Posts: 14
Location: India
Schools: ISB
Re: While bear markets certainly hurt institutional investors, they are  [#permalink]

Show Tags

New post 24 Apr 2019, 08:59
How does "they" in option A refer back to bear markets? Is it just by logical understanding? Isn't this a flawed question?
Veritas Prep Representative
User avatar
S
Joined: 26 Jul 2010
Posts: 414
Re: While bear markets certainly hurt institutional investors, they are  [#permalink]

Show Tags

New post 24 Apr 2019, 09:53
1
Top Contributor
1
divyajeswani wrote:
How does "they" in option A refer back to bear markets? Is it just by logical understanding? Isn't this a flawed question?


"Bear markets" is the subject of the introductory clause, so it's set up as the proper antecedent for "they" right after the comma. I'd use modifier-style logic here: "they" should refer to the description prior to the comma, and that description has "bear markets" as a subject so "they" should refer to that subject.

The cadence of the sentence matters, too: the predicate in each case is a type of investors (while bear markets hurt these investors, they can destroy other investors). That also demonstrates that we're using the same subject (bear markets) to juxtapose how that subject affects two similar-but-different types of investors.

One thing I think is really important is recognizing that just because there are multiple nouns in a sentence, that doesn't necessarily mean that you have a pronoun reference error. Most sentences contain multiple nouns - it's only when there is legitimate doubt over which noun the pronoun refers to that you have an error. I'm a big fan of keeping pronoun reference as a secondary decision point unless you're absolutely sure there's an error. It's just an easy type to over diagnose.
_________________
Brian

Curriculum Developer, Instructor, and Host of Veritas Prep On Demand

Save $100 on live Veritas Prep GMAT Courses and Admissions Consulting

Enroll now. Pay later. Take advantage of Veritas Prep's flexible payment plan options.

Veritas Prep Reviews
GMAT Club Bot
Re: While bear markets certainly hurt institutional investors, they are   [#permalink] 24 Apr 2019, 09:53
Display posts from previous: Sort by

While bear markets certainly hurt institutional investors, they are

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  





Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne