The loan company announced it would soon lend money to borrowers with proven records of their not paying back their loans on time, collectively known as the subprime lending market.
A - of their not paying back their loans on time,
B - of not paying back their loans on time, a group
C - of not paying back their loans on time, with such a group
D - that they do not pay back their loans on time,
E - that they do not pay back their loans on time, such a group
Plz. explain. Thks!
OA is B
5-Day Free Trial
5-day free, full-access trial TTP
Available with Beat the GMAT members only code
MORE DETAILS
Subprime lending market.
This topic has expert replies
-
joyseychow
- Master | Next Rank: 500 Posts
- Posts: 125
- Joined: Mon Dec 15, 2008 9:24 pm
-
prinit
- Master | Next Rank: 500 Posts
- Posts: 183
- Joined: Sun Oct 12, 2008 8:13 pm
- Location: Greater NYC
- Thanked: 14 times
joyseychow wrote:The loan company announced it would soon lend money to borrowers with proven records of their not paying back their loans on time, collectively known as the subprime lending market.
A - of their not paying back their loans on time, - unnecessary their - Incorrect
B - of not paying back their loans on time, a group - Correct.
C - of not paying back their loans on time, with such a group collectively known as- Incorrect- awkward
D - that they do not pay back their loans on time, - Incorrect- that is not required here, also unnecessary they
E - that they do not pay back their loans on time, such a group - Incorrect - same as D. but such a group sounds fine.
Plz. explain. Thks!
OA is B
I'm here to BTG 
-
reply2spg
- Legendary Member
- Posts: 1261
- Joined: Sun Sep 14, 2008 3:46 am
- Thanked: 27 times
- GMAT Score:570
I agree with rockey.....group and collectively is redundant. My pick is also D...What is the source of this question?
rockeyb wrote:I doubt that OA is correct as a group and collectively will be redundant.
My pick is D .
Please correct me if I am wrong.
-
Phirozz
- Master | Next Rank: 500 Posts
- Posts: 232
- Joined: Sun Feb 28, 2010 10:47 pm
- Thanked: 10 times
OA B. A and C are awkward constructionjoyseychow wrote:The loan company announced it would soon lend money to borrowers with proven records of their not paying back their loans on time, collectively known as the subprime lending market.
A - of their not paying back their loans on time,
B - of not paying back their loans on time, a group
C - of not paying back their loans on time, with such a group
D - that they do not pay back their loans on time,
E - that they do not pay back their loans on time, such a group
Plz. explain. Thks!
OA is B
D and E changes the meaning. Subprime lending is a market condition where borrowers are having record of not paying loan on time in past. But we cannot say that they do not pay on time, if this is the case then no bank will give loan at all. Banks providing loan assuming that they will get refund on time even if borrowers have past record of not paying on time.
