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 IIFT 2009 : Questions With Solutions
GENERAL KNOWLEDGE |
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| 1. |
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, Arecalia and Usinor |
| (D) |
None of the above |
| Soln: |
The answer option is (C). |
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| 2. |
Select theanswer 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 Millenium |
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| (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 |
| Soln: |
The answer option is (A). |
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| 3. |
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 |
| Soln: |
The answer option is (D). |
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| 4. |
Which is theanswer 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 |
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| (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 |
| Soln: |
The answer option is (B). |
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| 5. |
Which is theanswer Legal Act and Jurisdiction Match?
Act |
Jurisdiction |
| a. |
Companies Act 1956 |
i. |
Facilitating external trade and payments |
| b. |
Companies Act 2002 |
ii. |
Formation and regulation of companies |
| c. |
SEBI Act 1992 |
iii. |
Prohibition of anti-competitive agreement |
| d. |
FEMA Act 1999 |
iv. |
Investors protection |
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| (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 |
| Soln: |
The answer option is (A). |
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| 6. |
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 |
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| (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-ii-2, b-i-1, c-iii-4, d-iv-4 |
| Soln: |
The answer option is (C). |
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| 7. |
The abbreviations given in the first column are explained in the second column. Select the option which has all wrong explainations of the abbreviations.
| a. |
UNCTAD |
i. |
United Nations Confernce 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 Service Companies |
| g. |
MODVAT |
vii. |
Modified Value Added Tax |
| h. |
FCNRA |
viii. |
Foreign Currency Non-Resident Accounts |
| i. |
ASSOCHAM |
ix. |
Association Chamber of Commerce Trade and Industry |
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| (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 |
| Soln: |
The answer option is (A). |
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| 8. |
Who amongst the following was not nominated by the Government of India on the board of Satyam Computer Services? |
| (A) |
T N Manoharan |
| (B) |
Ketan Parekh |
| (C) |
Suryakant Balkrishnan Mainak |
| (D) |
Kiran Karnik |
| Soln: |
Theanswer option is (B). |
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| 9. |
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 |
| Soln: |
The answer option is (C). |
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| 10. |
The table given below matches the company with its auto brand. Choose theanswer match
Company |
Brand |
| a. |
Mahindra |
i. |
Land Rover |
| b. |
Tata |
ii. |
Jetta |
| c. |
Toyota |
iii. |
Lexus |
| d. |
Volkswagen |
iv. |
xylo |
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| (A) |
a-i, b-ii, c-iii, d-iv |
| (B) |
a-iv, b-i, c-ii, d-iii |
| (C) |
a-iv, b-i, c-iii, d-ii |
| (D) |
a-iv, b-ii, c-iii, d-iv |
| Soln: |
The answer option is (C). |
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| 11. |
The slogans in the table given below have been matched with the company they relate to. Choose theanswer match
Slogan |
Company |
| a. |
Let's make things better |
i. |
HP |
| b. |
Technology you can trust |
ii. |
Phillips |
| c. |
Sponsors of tommorrow |
iii. |
Microsoft |
| d. |
Your potential our passion |
iv. |
Intel |
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| (A) |
a-ii, b-i, c-iii, d-iv |
| (B) |
a-iii, b-ii, c-i, d-iv |
| (C) |
a-ii, b-i, c-iv, d-iii |
| (D) |
a-ii, b-iv, c-i, d-iii |
| Soln: |
The answer option is (C). |
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| 12. |
In the financial year 2008-09, the top three investing countries in terms of FDI inflows were: |
| (A) |
USA, UK, Mauritius |
| (B) |
Mauritius, Singapore, USA |
| (C) |
UK, Japan, Mauritius |
| (D) |
Mauritius, USA, Japan |
| Soln: |
The answer option is (B). |
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| 13. |
Negative inflation is also called: |
| (A) |
Disinflation |
| (B) |
Deflation |
| (C) |
Both |
| (D) |
None of the above |
| Soln: |
The answer option is (B). |
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| 14. |
The co-founders of Google are: |
| (A) |
Sergey Brin & Eric Schmidt |
| (B) |
Larry Page & Eric Schmidt |
| (C) |
Sergey Brin & Larry Page |
| (D) |
Shirley M tilghman & Eric Schmidt |
| Soln: |
The answer option is (C). |
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| 15. |
Which of the following Public Sector Units does not fall in the category of 'Navratna' PSUs: |
| (A) |
Steel authority of India (SAIL) |
| (B) |
Indian oil corporation (IOC) |
| (C) |
National Thermal Power corporation (NTPC) |
| (D) |
National Hydroelectric Power Corporation limited (NHPC) |
| Soln: |
The answer option is (D). |
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| 16. |
which one of the following statements does not relate to the concept of carbon credits? |
| (A) |
For one tonne of carbon dioxide emission reduction a company receives a carbon emission certificate which can be traded like any other commodity. |
| (B) |
The carbon emission certificates are sold to companies in developed economies like power utilities |
| (C) |
Carbon credit certificates are traded under UN-mandated international convention on climate change |
| (D) |
developing economies are allowed to offset some of their emissions from cars, factories and homes by funding clean energy projects in developed ones. |
| Soln: |
The answer option is (D). |
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| 17. |
India signed the Kyoto Protocol in the year: |
| (A) |
2000 |
| (B) |
1998 |
| (C) |
2002 |
| (D) |
1995 |
| Soln: |
The answer option is (C). |
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| 18. |
Match Column A with Column B
| a. |
C. K. Pralhad |
i. |
Capability & Equality |
| b. |
Paul Krugman |
ii. |
Climate Change & Global Warming |
| c. |
Al Gore |
iii. |
International Trade & Geography |
| d. |
Amartya Sen |
iv. |
Core Competency of the Coperation |
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| (A) |
a-i, b-ii, c-iii, d-iv |
| (B) |
a-iv, b-iii, c-ii, d-i |
| (C) |
a-ii, b-iii, c-i, d-iv |
| (D) |
a-iii, b-ii, c-i, d-iv |
| Soln: |
The answer option is (B). |
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| 19. |
Match the women CEO with the company
| a. |
Ms Shikha Sharma |
i. |
HSBC |
| b. |
Ms Naina Lal Kidwai |
ii. |
Axis Bank |
| c. |
Ms Indira Nooyi |
iii. |
Biocon India |
| d. |
Ms Kiran Majumdar Shaw |
iv. |
Pepsico |
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| (A) |
a-iii, b-i, c-ii, d-iv |
| (B) |
a-i, b-ii, c-iv, d-iii |
| (C) |
a-ii, b-i, c-iv, d-iii |
| (D) |
a-i, b-iii, c-iv, d-ii |
| Soln: |
The answer option is (C). |
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| 20. |
Match the company and the place where it originates from
| a. |
Toyota |
i. |
Finland |
| b. |
Nokia |
ii. |
Japan |
| c. |
Volvo |
iii. |
South Korea |
| d. |
LG Electronics |
iv. |
Sweden |
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| (A) |
a-ii, b-i, c-iv, d-iii |
| (B) |
a-ii, b-i, c-iii, d-iv |
| (C) |
a-iii, b-ii, c-i, d-iv |
| (D) |
a-iii, b-iv, c-i, d-ii |
| Soln: |
The answer option is (A). |
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