Placeholder "IT"

sl750 wrote:it is a singular pronoun referring to a plural subject sales figures. Hence it is wrong

C is the answer

anukrati wrote:

sl750 wrote:it is a singular pronoun referring to a plural subject sales figures. Hence it is wrong

C is the answer

sl750 my question is why "it" here not working as placeholder IT which can refer to THAT-Clause.

anukrati wrote:Along with the drop in producer prices announced yesterday, the strong retail sales figures released today seem like it is indicative that the economy, although growing slowly, is not nearing recession.

a) like it is indicative that
b) as if to indicate
c) to indicate that
d) indicative of
e) like an indication of

I know that option A is incorrect. But I am having problem of Placeholder "IT" concept as per MGMAT SC Book.
In option A why cant "it" refer to THAT-Clause.
According to OG here "it" is referring to "sales figures"

Can anyone explain me the concept of Placeholder IT
And also tell me when do we use the concept of "Placeholder IT"

Thanks

anukrati wrote:Along with the drop in producer prices announced yesterday, the strong retail sales figures released today seem like it is indicative that the economy, although growing slowly, is not nearing recession.

a) like it is indicative that ----- awkward
b) as if to indicate---- indicate that is the right usage
c) to indicate that
d) indicative of
e) like an indication of

I know that option A is incorrect. But I am having problem of Placeholder "IT" concept as per MGMAT SC Book.
In option A why cant "it" refer to THAT-Clause.
According to OG here "it" is referring to "sales figures"

Can anyone explain me the concept of Placeholder IT
And also tell me when do we use the concept of "Placeholder IT"

Thanks