vijay_venky wrote:"Because of allowing " looks awkward, so a,b,c eliminated.

"Because of the allowance" would have been a better way.

Of D and E, E is better.

mgmt_gmat wrote:The globalization of financial-services companies has been a boon to money launders,
because of allowing money placed in a bank in a less regulated jurisdiction to be
transferred to a branch in a more regulated one.


A. of allowing money placed in a bank in a less regulated jurisdiction to be
transferred - because of allowing - awkward. ELIMINATE

B. of allowing the transfer of money placed in a bank in a less regulated jurisdiction - because of allowing - awkward. ELIMINATE

C. it allows that money placed in a bank in a less regulated jurisdiction is transferred - money placed in a bank BE transferred . would be correct. incorrect preposition. ELIMINATE

D. it allows the transfer of money have been placed in a bank in a less regulated
jurisdiction - doesnt make sense . Besides money and globalization both are singular . hence have been is incorrect.
ELIMINATE

E. it allows money placed in a bank in a less regulated jurisdiction to be transferred - CORRECT