IIFT 2011 Question Paper

Instructions

Answer the following questions based on the table below, which reports certain data series from National Accounts Statistics of India at Current Prices.

Question 71

Mark the highest figure from the following:

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Question 72

Identify the correct Statement:

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Instructions

Answer the following questions based on the table below, which reports global market share of Leading Exporting and Importing countries for Select Product groups.



Question 73

Identify the highest number:

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Question 74

Mark the correct statement:

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Question 75

Mark the false statement:

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Question 76

If between 2000 and 2009, India’s export market share in Integrated Circuits and Electronic Components had increased by 600 percent, the rank of the country in terms of market share in 2009 would have been:

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Question 77

Considering both global export and import market dynamics, China has witnessed highest percentage change in its market share between 2000 and 2009 in the following product groups:

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Question 78

Suppose the ten countries reported in the above table are arranged according to their continent: North America, EU and Asia. Then in terms of export market share for (i) Chemical Products, (ii) Automotive Products, (iii) Office and Telecom Equipment Products and (iv) Integrated Circuits and Electronic Components respectively, the continent-wise ranking in 2009 would be:

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Instructions

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.

Question 79

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.

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Question 80

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.

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