The Answer Key is based on Set B of the IIFT 2010-12 question paper

Section 1 - Part 1 (Reading Comprehension)

Section 1 - Part 2 (Verbal Ability)
Question
No.
Correct Answer
Key
Answer Stem Comments
1 D I, II and IV only
2 B Increased compensation to independent directors
3 C I and III
4 C
Increasing the fixed component in the salary structure of the
management
5 C Active intervention .of the company
6 B The movement once starts in upward get reversed
7 D Availability of capital
8 B I, II and III
9 D III and IV
10 D It is for the first time witness a shift
11 D II, III and IV
12 D I and IV
13 D Proximity to the raw material sources
14 A cutting - crushing- evaporation - boiling - whirling
15 D Cane plantation and sugar spread across the countries
Question
No.
Correct Answer
Key
Answer Stem Comments
16 B However, our monthly volume data stubbornly suggested that
17 D
These companies are looking at the emerging growth rates and
margins
18 B good work - wherever they are, whatever they do - will .corporation
19 B
painters draw their inspiration? What would move poets to write their
sonnets contemplate the meaning of God
Correction required in
the question itself
20 A
spate of new models and falling borrowing costs bringing new buyers
back
21 B dogmatic
22 D mortification
23 A grovel
24 C blaring
25 B bewildered
26 B unfeigned
27 A insouciant
28 A gravitating
29 D released
30 C tranquillity
31 C intensity; success
32 B created; attracted
33 A stupefying; negotiate
34 A acknowledge; banishing
35 C III - II - I - IV
Correct option had only
three sentences II-I-IV
36 C III - IV - II - I
37 A IV - II - I -III
38 C IV - III- I - II
39 B IV - I - II - III
40 D IV - III - II - I
Section 2 (Data Interpretation & Logical Reasoning)
Question
No.
Correct Answer
Key
Answer Stem Comments
41 D 2008
42 B 2006
43 A 45%
44 D 2008
45 B 2006
46 D 2008
47 A Alpha
48 D Statement III alone is correct
49 B Approximately Rs. 10.95 lakhs
50 C 0.89:2.00
51 B Sunflower, groundnut, rice
52 A Moth, Sesamum, Millets
53 C Statements II and III are correct
54 A Statements I and III are correct
55 B 1999
56 A 2002
57 D 2008
58
59 B Total oil produced' is increasing every year since 2003
60 B Krishna
61 C Red
62 A Rs. 30,000/-
63 C North East of starting point, 13 kms
64 C 12 and 5
65
66 C Tuesday & Thursday
67
68
69
70
71 C Mile Style .Swine Mine
The right answer is not
present in any of the
options. But C is the
closest one.
72 D Smile Nile
73 C Step 20
74 C Ci, C2, C4, C7
Correct answer is 8 years but it is not mentioned in any of the options
Data ambiguous so correct answer cannot be arrived at
The given data is insufficcient to arrive at the correct answer
Section 3 (General Awareness)
Question
No.
Correct Answer
Key
Answer Stem Comments
75 C Arbed, Aceralia and Usinor
76 A a-iii, b-i, c-ii, d-iv
77 D Dabur India Limited
78 B a-iii, b-i, c-iv, d-ii
79 A a-ii, b-iii, c-iv, d-i.
80 C a-iv-2, b-i-1, c-ii-3, d-iii-2
81 A b-ii, d-iii, e-v, i-ix
82 B Ketan Parekh
83 C Credit Default Swap
84 C a-iv, b-i, c-iii, d-ii
85 C a-ii, b-i, c-iv, d-iii
86 A USA, UK, Mauritius
http://www.indiaonestop.
com/FDI/FDI.htm
87 B Deflation
88 C Segey Brin & Larry Page
89 D National Hudroelectric Power Corporation Limited (NHPC)
http://www.dpe.nic.in/ne
wsite/navmini.htm
90 D
Developing economies are allowed to offset some of their emmisions
from cars, factories and homes by funding clean energy projects in
developed ones
91 C 2002
92 B a-iv, b-iii, c-ii, d-i
93 C a-ii, b-i, c-iv, d-iii
94 A a-ii, b-i, c-iv, d-iii
Section 4 (Quantitative Ability)
Question
No.
Correct Answer
Key
Answer Stem Comments
95 A 49
96 C 382
97 D None of the above
98 B 4
99 B 5pi r (4-r)
100 B 480 pi
101 D 8/sqrt (2) + 1
102 D 13th month
103 B 5456
104 C P(X)=P(Y)>P(Z)
105 D None of the above
The correct answer is
some finite number
106 B 0.57
107 A 4 weeks
108 D 23%
109 A 50/sqrt (3)
110 D 200 / sqrt (3)
111 D None of the above
112 B 200 m
113 A 1/5 (sqrt(21) - 2)
114 D None of the above
115 B 180m
116 B 21.25 litres
117 A 0.42
118 A 7.46%
119 C 6.94%
120 B 78
121 A 0.5
122 D None of the above