IIFT2011QuestionPaper Related Question Answers

76. Read the following instructions and answer the questions. After the discussion at a high level meeting of government officers, the criteria for issuing of import / export licence to eligible business firms for the year 2011-12 were finalized as follows. The firms must – I. Have a Grade – ‘A’ certified unit for any products. II. Not have any legal dispute case against it. III. Possess minimum asset worth Rs. 40 lakhs. IV. Submit an environment clearance certificate issued by the Pollution Control Board (PCB) of the state where the firm is located. V. Deposit the margin money of Rs. 1 lakh. VI. Arrange for three guarantors with their personal identity cards (IDs). However, if the firm satisfies all the above mentioned criteria except: a) Criteria (I), but is a traditional handloom production unit, then the case may be referred to Development Commissioner, Handloom (DCH) of the state. b) Criteria (IV), but is a local employment provider / thread (input) supplier / cloth supplier, the case may be referred to the Director, Department of Industry of the state. c) Criteria (V) but can deposit at least Rs. 50000, the firm will be given import licence only and the case may be referred to the Deputy Director, Department of Industry of the state. Based on the above criteria and information provided on each of the firms in the questions below, you have to decide which course of action should be taken against each firm. Without assuming anything regarding any applicant firm, the decision should be based on the information provided.Mahalaxmi Weaving Center is a traditional handloom production unit. It has property worth more than Rs. 1 crore. It managed to get three guarantors with their personal IDs. No legal case is there against it. There is no problem submitting an environmental clearance, as the same is already issued to it by the State Pollution Control Board. It is also ready to deposit Rs. 1 lakh.

77. Ramayan Enterprise is a textiles firm which possesses assets worth Rs. 50 lakhs and is located in Surat where no firm having any legal dispute is permitted to operate. The firm agreed to deposit Rs. 1 lakh and give details of three guarantors with their personal details as required. It has got grade - A certificate and can submit an environment clearance certificate issued by the Pollution Control Board of the state.

78. Hirabhai Handlooms is a Vadodara based traditional Gujarati handloom firm keen to get an export licence. It is ready to pay the required security amount and possesses assets of Rs. 55 lakhs. Hirabhai Chamanlal is the owner of the firm as well as the President of State Handloom Association. Hence getting more than three guarantors with their IDs is not a problem. The firm possesses the environmental clearance certificate from the State Pollution Control Board after it was made mandatory for all handloom firms in the state.

79. Each of the questions below starts with a few statements, followed by four conclusions numbered 1, 2, 3 and 4. You have to consider every given statement as true, even if it does not conform to the accepted facts. Read the conclusions carefully and then decide which of the conclusion(s) logically follow(s) from the given statements, disregarding commonly known facts.Statements: a. Some boys are scholars b. Some teachers are boys c. All scholars are observers Conclusions: 1. Some scholars are boys 2. Some scholars are not boys 3. Some observers are boys 4. Some teachers are scholars

80. Statements: a. All teachers are professors b. All professors are researchers c. All researchers are consultants Conclusions: 1. Some consultants are teachers 2. All professors are consultants 3. Some researchers are teachers 4. All professors are teachers

81. ‘Developers are following laws’ would be correctly written as

82. ‘qop gop cop eop’ would correctly mean:

83. In each of the following letter series, some of the letters are missing, which are given below it. Choose the correct alternative.D_F_DEE_D_EF_DE_F

84. In each of the following letter series, some of the letters are missing, which are given below it. Choose the correct alternative._OPO_QOPQ_RQPO_POR_O

85. In each of the following questions, find the relationship that can definitely be deduced on the basis of the relations given. The symbols used to define the relationship are as follows:@ means ‘greater than’ # means ‘less than’ $ means ‘not equal to’ % means ‘equal to’If it is given that, 3M % 2N and N % 3O, then:

86. If it is given that, N @ P, P # O, O @ M and N % M, then:

87. Statement: School dropout rate is very high in the rural areas as children support their parents in income earning activities. Courses of action: i. Public awareness programme on primary education should be expanded immediately to educate parents. ii. Compensation should be given to those parents whose children are in the school. iii. Law on universal education and ban on child labour should be made rigorous.

88. Statement: In a recent bulletin the Meteorological Department of India has forecasted severe drought in next cropping season which may cause failure of crops. Courses of action: i. The forecast should be widely published in media. ii. The drought relief team should be ready for relief work. iii. The people should be advised to go for drought resistant variety.

89. Read the following information carefully to answer the questions given below it.Mr. Malhotra’s family is a traditional joint family from Jalandhar having six persons from three generations. Each member of the family has different food preference and they support different sports / games. Only two couples are there in the family. Rakesh likes continental food and his wife neither likes dry fruits nor supports gymnastics. The person who likes egg supports Rugby and his wife likes traditional food. Mona is mother-in-law of Sonalika and she supports Athletics. Varun is grandfather of Tarun and Tarun, who likes Punjabi food, supports Basketball. Nuri is granddaughter of Mona and she supports Badminton. Nuri’s mother supports horse riding.Identify the correct pair of two couples from the following:

90. Who likes Punjabi food, and what sport / game does he / she support?

91. Read the following paragraph and following conditions to answer the questions.The Vice Chancellor of a University wants to select a team of five member organizing committee for the next convocation of the University to be held in March 2012. The committee members are to be selected from five shortlisted professors (Prof. Ahuja, Prof. Banerjee, Prof. Chakravarty, Prof. Das and Prof. Equbal) and four short listed students (Prakash, Queen, Ravi and Sushil). Some conditions for selection of the committee members are given below: i. Prof. Ahuja and Sushil have to be together ii. Prakash cannot be put with Ravi iii. Prof. Das and Queen cannot go together iv. Prof. Chakravarty and Prof. Equbal have to be selected v. Ravi cannot be selected with Prof. Banerjee.If two members of the committee are students and Prof. Das is one of the members of the committee, who are the other committee members?

92. In case Prof. Ahuja and Prof. Chakravarty are members, who are the other members who cannot be selected for the committee?

93. If the word ‘EXAMINATION’ is coded as 56149512965, then the word ‘GOVERNMENT’ is coded as:

94. In a certain code language ‘HORSE’ is written as 71417184, then the word ‘MONKEY’ is coded as:

95. Which of the following professors get South facing flats?

96. If the flats of Prof. Tripathy and Prof. Purohit are interchanged, whose flat will be next to that of Prof. Usman?

97. Who won the 2011 FIFA Women’s World Cup Final?

98. Match the correct Celebrity Endorser with the Brand of Vests:

99. Which of the following is a space mission by ISRO?

100. Elzie Crisler Segar is best known as the creator of the cartoon character of _____________.

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