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Old May 17th, 2012, 11:49 AM
srikant deshai
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Default IIFT question paper with solution PDF

I am MBA student of Indian Institute of Foreign Trade (IIFT), this year I am going to take part in examination, so I want to know that, has Indian Institute of Foreign Trade (IIFT) old year MBA question paper on its website in PDF mode, from there can I download it?
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Old May 17th, 2012, 02:38 PM
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Default Re: IIFT question paper with solution PDF

You want Indian Institute of Foreign Trade question paper with solution so I have solved question paper in pdf format which I have uploaded here. Download the file freely:
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File Type: pdf IIFT Previous Year Question paper.pdf (1.83 MB, 877 views)
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Old February 15th, 2014, 05:06 PM
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Default Re: IIFT question paper with solution PDF

here I am giving you question paper for Indian Institute of Foreign Trade in PDF file attached with it so you can get it easily…

some questions are given below :

1. Which of the following year exhibited highest percentage decrease over the preceding year exhibited highest

percentage decrease over the preceding year in the automobile production?

A. 2005

B. 2006

C. 2007

D. 2008

2. Assume whatever that is not sold domestically was exported, then which year has registered highest growth in exports

of automobiles?

A. 2005

B. 2006

C. 2007

D. 2008

3. If the ratio of the domestic sale price of a commercial vehicle, a passenger vehicle, and a three wheeler is 5:3:2 then

what percent of earnings (approximately) is contributed by commercial vehicle segment to the overall earnings from

domestic sales during the period 2004-2008?

A. 45%

B. 43%

C. 11%

D. 27%

4. For which year were the domestic sales of automobiles closest to the average (2004-2008) domestic sales of

automobiles?

A. 2005

B. 2006

C. 2007

D. 2008


5. Which of the following years exhibited highest percentage increase over the preceding year in the automobile sales?


A. 2005

B. 2006

C. 2007

D. 2008


6. The ratio between absolute increase in domestic sales over preceding year and absolute increase in production over the

preceding year in highest during which year?

A. 2005

B. 2006

C. 2007

D. 2008

Directions for questions 7 – 9: Answer the questions based on the following information.

The table below gives the details of money allocation by three Mutual funds namely, Alpha, Beta, and Gama. The return for

each fund depends on the money they allocate to different sectors and the returns generated by the sectors. The last column

of the table gives return for each of the sectors for a one year period.

Sl. No Sectors

1 Automobile 1.49 5.98 0.00 5%

2 Chemicals 3.01 2.01 5.00 12%

3 Communication 7.01 5.00 4.00 −5%

4 Construction 1.51 0.00 6.01 15%

5 Diversified 7.48 6.99 9.50 11%

6 Energy 9.99 17.50 20.50 21%

7 Engineering 9.01 10.99 15.50 8%

8 Financial 25.98 24.00 17.01 6%

9 FMCG 14.50 2.00 2.00 25%

10 Health Care 5.98 0.00 3.00 18%

11 Metals 0.00 10.99 9.98 −8%

12 Services 4.50 7.04 4.00 10%

13 Technology 5.51 7.50 3.50 −2%

14 Textiles 4.03 0.00 0.00 17%

100.00 100.00 100.00


7. Which fund has received more return per rupee of investment for one year period?


A. Alpha

B. Beta

C. Gama

D. Both Beta and Gama gives same return


8. If the allocation of money by the fund managers to different sectors is based on the internal ranking (i.e. Sector with 1st

rank gets highest allocation). Sectors with 0 allocation of money should be considered as 14th rank irrespective of the

number of sectors in that category. In the light of these examine the following statements:

I. Automobile is ranked by both Alpha and Beta as same

II. Financial is most favoured by all three Mutual Funds

III. Services is ranked by all three Mutual Funds within top 9 ranks


Select the best option:

A. Statement I and II are correct

B. Statement I and III are correct

C. Statement I alone is correct

D. Statement III alone is correct


9. Ms. Hema invested Rs. 10.00 lakhs in fund Gama in the year beginning of the period. What will be the value of the

investment at the end of 1 year period?

A. Approximately Rs. 10.40 lakhs

B. Approximately Rs. 10.95 lakhs

C. Approximately Rs. 11.24 lakhs

D. Approximately Rs. 11.38 lakhs


Directions for questions 10 – 14: Answer the questions based on the following Table

Crops Area under production Quantity of Production

('000 Hectare) ('000 Tonne)

2006 2007 2008 2006 2007 2008

Cereals

Rice 107 108 110 153 170 190

Jowar 598 673 720 173 368 380

Bajra 4992 4890 4800 2172 3421 3350

Maize 1004 1020 1101 1102 1116 1182

Millets 16 16 15 5 4 4

Pulses

Moong 799 751 725 130 270 260

Urd 124 101 102 31 30 35

Moth 1228 1151 1199 149 191 250

Arhar(Tur) 20 19 19 13 9 9

Chaula 126 110 101 26 45 30

Other Pulses 5 5 5 2 3 2

Oil Seeds

Sesamum 422 273 280 63 89 70

Groundnut 317 302 298 491 396 374

Soyabean 744 641 650 856 771 799

Sunflower 472 350 325 880 751 699

Castor Seed 106 79 80 135 104 106

Note: Yield (or Productivity)is defined as quantity produced per hectare

10. What is the ratio between Jowar yield (2007) and Soyabean yield (2008)?


A. 1.00 : 2.10

B. 1.21 : 1.89

C. 0.89 : 2.00

D. 0.78 : 1. 61



11. Top 3 crops by yield in the year 2006 are:

A. Castor Seed, Groundnut, Maize

B. Sunflower, Groundnut, Rice

C. Castor Seed, Sunflower, Rice

D. Bajra, Maize, Castor Seed


12. Bottom 3 crops by yield in the year 2008 are:


A. Moth, Sesamum, Millets

B. Moong, Moth, Millets

C. Arhar, Urd, Moong

D. Moong, Sesamum, Chaula



13. Examine the following statements:


I. Total productivity of pulses has gone down over the years

II. Maize is the most stable cereal in terms of productivity over the years

III. Percentage growth in area and quantity of production is highest in the case of Jowar during the entrie period.


Select the best option:



A. Statement I and II are correct

B. Statement I and III are correct

C. Statement II and III are correct

D. Statement III alone is correct

14. Examine the following statements:

I. Over the period total cereal productivity has gone up

II. Area, Production and yield of the total oil seeds is on decline

III. Though there is a decline in the area under Urd production but the quantity of production and yield has gone up

over the years.

Select the best option:


A. Statement I and III are correct

B. Statement I and II are correct

C. Statement I alone is correct

D. Statement III alone is correct

Directions for questions 15 – 19: Study the following carefully and answer the questions.

Oil Sales by Type of Use and Production Loss (MT)

Year

1996 10 700 1794 104 650

1997 16 920 1864 114 732

1998 22 1012 1732 104 834

1999 22 1054 1668 90 1102

2000 20 1092 1700 108 702

2001 22 1320 1752 168 492

2002 14 1854 1618 172 386

2003 6 2046 1270 178 444

2004 16 2118 1480 208 506

2005 4 2252 1132 230 1032

2006 4 2384 1228 210 1142

2007 8 2096 1672 254 1454

2008 0.2 2240 1646 266 1428

Note: Whatever is produced in a year is either used or lost in the production in the same

year.


15. During which year the Oil used for House Hold as a percentage of Total Oil Used is highest?


A. 1998

B. 1999

C. 2000

D. 2001


16. During which year the „Oil Production Loss‟ as a proportion of „Total Oil Produced‟ is the lowest?


A. 2002

B. 2003

C. 2004

D. 2006

17. During which year use of oil by „Suburban‟ as a proportion of „Total Oil Used‟ was the highest?

A. 2005

B. 2006

C. 2007

D. 2008

Metro City Suburban

House

Transport Industrial

Hold

18. For how many number of years the growth rate in „Production of Oil‟ is more than the growth rate in „Total Oil Used‟?

A. 3 years

B. 4 years

C. 5 years

D. 6 years


19. Which of the below statements are true, based on the data in the above table?


A. Oil is used for „Transport‟ purpose by Metro City is increasing every since 1996.

B. Oil is used for „Industrial‟ purpose by Metro City is increasing every since 1996.

C. Oil used by „Suburban‟ is increasing every year since 2000.

D. „Total Oil Produced‟ is increasing every year since 2003.

Directions for questions 20 – 22: Study the following information carefully and answer the questions.

Four houses Blue, Green, Red and Yellow are located in a row in the given order. Each of the houses is occupied by a

person earning a fixed amount of a salary. The four persons are Paul, Krishna, Laxman, and Som.

Read the following instruction carefully:

I. Paul lives between Som and Krishna

II. Laxman does not stay in Blue house

III. The person living in Red house earns more than that of person living in Blue

IV. Salary of Som is more than that of Paul but lesser than that of Krishna

V. One of the person earns Rs. 80, 000

VI. The person earning Rs. 110,000 is not Laxman

VII. The salary difference between Laxman and Son is Rs. 30,000

VIII. The House in which Krishna lives is located between houses with persons earning salaries of Rs. 30,000 and Rs.

50,000

IX. Krishna does not live in Yellow house, and the person living in yellow house is not earning lowest salary among

the four persons.



20. Who lives in Red house?



A. Paul

B. Krishna

C. Laxman

D. Som



21. Which house is occupied by person earning highest salary?



A. Blue

B. Green

C. Red

D. Yellow


22. What is the salary earned by person living in Green house?


A. Rs. 30,000

B. Rs. 50,000

C. Rs. 80,000

D. Rs.110,000



23. Mr Raghav went in his car to meet his friends John. He Drove 30 kms towards north and then 40 kms towards west. He

then turned to south and covered 8 kms. Further he turned to east and moved 26 kms. Finally he turned right and drove

10 kms and then turned left to travel 19 kms. How far and in which direction is he from the starting point?



A. East of starting point, 5 kms

B. East of starting point, 13 kms

C. North East of starting point, 13 kms

D. North East of starting point, 5 kms



24. Mr. Raju took the members of his family for a picnic. His father‟s mother and mother‟s father including their two

children were in one car. His father‟s son and sister‟s husband, brother‟s wife were in second car. He along with his

wife, wife‟s sister, wife‟s brother and son‟s wife with a kid was in the third car. How many members of Mr. Raju‟s

family were there in the picnic along with Mr. Raju and how many were left behind (assuming all members of the third

generation are married)?



A. 13 and 4

B. 14 and 5

C. 12 and 5

D. 13 and 6



25. ABCDE play a game of cards. „A‟ tells „B‟ that if „B‟ gives him five cards „A‟ will have as many cards as „E‟ has.

However if A gives five cards to „B‟ then „B‟ will have as many cards as „D‟. A and B together has 20 cards 20 cards

more than what D and E have together. B has four cards more than what C has and total number of cards are 201. How

many cards B have?



A. 185

B. 37

C. 175

D. 27



26. Ganesh Cultural Centre for promoting arts has appointed 3 instructors for music, dance, and painting. Music instructor

takes session from 12 noon to 4:00 pm on Monday, Thursday and Sunday. The sessions of dance instructor are

scheduled on Tuesday, Thursday, Wednesday and Sunday between 10:00 am to 2:00 pm. The 9:00 am to 12:00 noon

slot on Tuesday, Friday and Thursday and also 2:00 pm to 4:00 pm slot on Wednesday, Saturday and Sunday is filled

up by Painting Instructor. On which day(s) of a week the dance and painting sessions are simultaneously held?



A. Sunday and Wednesday

B. Tuesday and Friday

C. Tuesday and Thursday

D. Only on Tuesday



Directions for questions 27 – 30: Study the information given below and answer the questions.

The following table contains the pre and post revision pay structure of a Government department:

Pre-revised Revised

Components Minimum Maximum

Pay Scale Rs.8000 Rs. 13500 Rs.275 Rs.15600 Rs.39100 Rs.5400

Rs.12000 Rs.16500 Rs.375 Rs.15600 Rs.39100 Rs.7600

Rs.16400 Rs.20,000 Rs.450 Rs.37400 Rs.67000 Rs.8900

Rs.18400 Rs.22,400 Rs.500 Rs.37400 Rs.67000 Rs.10000

Dearness

Allowance (DA)

House Rent

Allowance(HRA)

Transport

Allowance(TA)


The revision has been done based on the following terms:

‐ In pre-revised pay scale, the basic pay is the sum of the minimum pay in the appropriate pay scale and the

admissible increment. After revision, the basic pay is the sum of minimum pay in the appropriate pay scale and the

respective grade pay and the admissible increments.


‐ Annual increment of 3% of the basic pay (on a compounded basic) is paid under the revised pay rules.

‐ Monthly Dearness Allowance (DA) is calculated as percentage of basic pay.


‐ In pre-revised pay scales, the increment was given after the completion of each year of service, but, after revision

annual increments are given only in the month of July every year and there should be a gap of six months between

the increments. The employees who had joined the department in the month of September, October, November and

December are given an increment at the time of revised pay fixation in September, 2008.


The revised pay is applicable from 1st September, 2008.


27. Abhijit joins the department on November 10, 2006 in the pay scale of Rs. 18400-500-22400 with the pay of Rs.18400

plus 2 increments. What is his basic salary, after revision, on August 1, 2009?



A. Rs.53010

B. Rs.53349

C. Rs.54950

D. Rs.54903

Annual

Increment

78% 28%

30% of Basic pay 30% of Basic pay

Rs.800 Rs.3200+Rs.3200*DA



28. Nitin joined the department on November 24, 2004 in the pay scale of Rs.8000-275-13500, at the minimum pay. At the

time of pay revision, due to some error, his pay was fixed at the base (minimum) of the corresponding revised pay

scale. The loss in his total emoluments for September 2008, due to this error, will be:


A. Rs.3915

B. Rs.3982

C. Rs.4164

D. No loss.



29. Sunitha joined the department at the basic pay of Rs. 13500 in the pay scale of Rs. 12000-16500. On completion of her

four years of service in December, 2008, she was promoted to the next higher pay scale, the percentage increase in her

gross salary is:


A. 53%

B. 43%

C. 50%

D. 60%


30. Dinesh joined on July 1, 2008 in the pay scale of Rs.16400-20,000 at the basic pay of Rs.16850. On August 10, 2009,

the department revised the rates of DA to 31% with effect from January, 2009 and further to 36% effective from July

2009. How much arrear will Dinesh get in August, 2009 because of these revisions?



A. Rs.12981

B. Rs.10395

C. Rs.17052

D. Rs.13302



Directions for questions 31 – 34: Study the information given below and answer the questions.

A word arrangement machine, when given a particular input, rearranges it using a particular rule. The following is the

illustration and the steps of the arrangement

INPUT: Smile Nile Style Mile Shine Wine Mine Swine Bovine Feline

STEP 1: Smile Nile Style Mile Shine Wine Bovine Feline Mine Swine

STEP 2: Style Mile Smile Nile Shine Wine Bovine Feline Mine Swine

STEP 3: Style Mile Smile Nile Wine Shine Bovine Feline Mine Swine

STEP 4: Mile Style Nile Smile Wine Shine Feline Bovine Swine Mine

STEP 5: Nile Smile Mile Style Wine Shine Swine Mine Feline Bovine

STEP 6: Nile Smile Mile Style Wine Shine Feline Bovine Swine Mine

STEP 7: Mile Style Nile Smile Wine Shine Feline Bovine Swine Mine

31. Which of the following will be step 14 for the given input:



A. Style Mile Smile Nile Wine Shine Bovine Feline Mine Swine

B. Smile Nile Style Mile Shine Wine Mine Swine Bovine Feline

C. Mile Style Nile Smile Shine Wine Feline Bovine Swine Mine

D. Style Mile Smile Nile Shine Wine Bovine Feline Mine Swine


32. Mark the arrangement that does not fall between step numbers 12 and 14.



A. Style Mile Smile Nile Wine Shine Bovine Feline Mine Swine

B. Mile Style Nile Smile Wine Shine Feline Bovine Swine Mine

C. Style Mile Smile Nile Shine Wine Bovine Feline Mine Swine

D. Smile Nile Style Mile Shine Wine Bovine Feline Mine Swine



33. If the arrangement is repeated which of the steps given below is same as the INPUT row?

A. Step 9

B. Step 11

C. Step 20

D. Step 14



Directions for questions 34: Study the information given below and answer the questions.

A Prime Minister is contemplating the expansion of his cabinet. There are four ministerial berths and there are eight

probable candidates (C1-C8) to choose from. The selection should be in a manner that each selected person shares a liking

with at least one of the other three selected members. Also, the selected must also hate at least one of the likings of any of

the other three persons selected.

I. C1 likes travelling and sightseeing, but hates river rafting

II. C2 likes sightseeing and squash, but hates travelling

III. C3 likes river rafting, but hates sightseeing

IV. C4 likes trekking, but hates squash

V. C5 likes squash, but hates sightseeing and trekking

VI. C6 likes travelling, but hates sightseeing and trekking

VII. C7 likes river rafting and trekking, but hates travelling, and

VIII. C8 likes sightseeing and river rafting, but hates trekking



34. Who are the four people selected by the Prime Minister?

A. C1, C2, C5, C6

B. C3, C4, C5, C6

C. C1, C2, C4, C7

D. None of the above

SECTION – 2

35. Arcelor, acquired by Mittal steel, was formed by merger of which of the following three steel companies?



A. Arcel, Arecalia and Usinor

B. Arcel, Acer and Lucinor

C. Arbed, Aceralia and Usinor

D. None of the above

36. Select the correct author – book match.

Author Book

a. Narayan Murthy i. Imagining India

b. Nandan Nilekani ii. Remaking India

c. Ratan Tata iii. A Better India A Better World

d. A P J Abdul kalam iv. A Vision For The New Millennium



A. a-iii, b-i, c-ii, d-iv

B. a-i, b-iii, c-iv, d-ii

C. a-i, b-ii, c-iii, d-iv

D. a-ii, b-i, c-iii, d-iv

37. The company Fem Care Pharma Limited, the manufacturer of Fem Bleach, was acquired by?



A. Hindustan Unilever Limited

B. Godrej Industries Limited

C. Dr Reddy‟s Laboratories

D. Dabur India Limited

38. Which is the correct Stock Index - Country Match?

Stock Index Country

a. HANG SENG i. United States

b. NASDAQ ii. South Korea

c. FTSE iii. Hong Kong

d. KOSPI iv. United Kingdom



A. a-i, b-ii, c-iii, d-iv

B. a-iii, b-i, c-iv, d-ii

C. a-iv, b-i, c-iii, d-ii

D. a-iv, b-ii, c-i, d-iii




39. Which is the correct Legal Act and Jurisdiction Match?



Act Jurisdiction

a. Companies Act 1956 i. Facilitating external trade and payments

b. Competition Act 2002 ii. Formation and regulation of companies

c. SEBI Act 1992 iii. Prohibition of anti-competitive agreements

d. FEMA Act 1999 iv. Investors‟ protection



A. a-ii, b-iii, c-iv, d-i

B. a-iv, b-ii, c-iii, d-i

C. a-iv, b-i, c-ii, d-iii

D. a-iv, b-ii, c-iii, d-i


40. Match the President, Country and Currency.

President Country Currency

a. Nicolas Sarkozy i. Russia 1. Rouble

b. Dmitry Medvedev ii. Uganda 2. Euro

c. Yoweri Museveni iii. Germany 3. Shilling

d. Horst Kohler iv. France 4. Dollar



A. a-i-1, b-ii-2, c-iii-3, d-iv-4

B. a-iii-2, b-i-1, c-ii-3, d-iv-4

C. a-iv-2, b-i-1, c-ii-3, d-iii-2

D. a-iv-2, b-i-1, c-iii-4, d-iv-4

41. The abbreviations given in the first column are explained in the second column. Select the option which has all

wrong explanations of the abbreviations.

a. UNCTAD: i. United Nations Conference on Trade and Development

b. UNCED: ii. UN Conference on Education and Development

c. TAFTA: iii. Trans-Atlantic Financial Trade Agreement

d. FEMA: iv. Foreign Exchange Management Act

e. PFRDA: v. Pension Fund Reporting and Development Authority

f. NASSCOM: vi. National Association of Software and Services Companies

g. MODVAT: vii. Modified Value Added Tax

h: FCNRA: viii. Foreign Currency Non-Resident Account

i. ASSOCHAM: ix. Associated Chamber of Commerce Trade and Industry


A. b-ii, c-iii, e-v, i-ix

B. a-i, f-vi, h-viii

C. b-ii, d-iv, g-vii

D. e-v, i-ix, h-viii


42. Who amongst the following was not nominated by the Government of India on the board of Satyam Computers

Services?

A. T N Manoharan

B. Ketan Parekh

C. Suryakant Balakrishnan Mainak

D. Kiran Karnik

43. CDS which has been in news recently stands for?

A. Collateral Default Swap

B. Credit Demand Swap

C. Credit Default Swap

D. Collateral Demand Swap
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