Saturday, June 02, 2007

SC's Question number - 887 , 888

887). Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.

(A) a pay-as-you-go approach is the foundation of Social Security

(B) the foundation of Social Security is a pay-as-you-go approach

(C) the approach of Social Security is pay-as-you-go

(D) Social Security's approach is pay-as-you-go

(E) Social Security is founded on a pay-as-you-go approach

888). Under the 1986 tax law, interest payments on a refinanced home loan are deductible only if the amount of the loan does not exceed the purchase price of the home, the cost of improvements, and any additional amount borrowed against the home to pay for medical or educational expenses.

(A) any additional amount borrowed against the home to pay for medical or educational expenses

(B) borrowing any additional amount against the home for payment of medical or educational expenses

(C) also borrowing any additional amount against the home to pay for medical or educational expenses

(D) any additional payment of medical or educational expenses that were borrowed against the home

(E) any additional payment borrowed against the home for medical or educational expenses

Answers:

887). OA - E - the first noun of the main clause grammatically identifies what is being compared with a funded pension system; to be logical, the comparison must be made between comparable things. Only this choice of E, the best answer, compares one kind of system of providing for retirees, the funded person system, with another such system, social security.

A, C, D - incorrect - all illogically compare the pension system with the approach taken by Social Security itself.

B - incorrect - wrongly compares pension system with foundation

888). OA - A

B, C - incorrect - violating parallelism

D - incorrect - illogically says expenses were borrowed. Instead of expenses it should be amount

E - incorrect - one cannot borrow payment. It should be amount.

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