IIFT 2014 Question Paper

Input - be the change you wish to see in the world
be - 1 , the - 2, change - 3, you - 4, wish - 5, to - 6, see - 7, in - 8, the - 9, world - 10
Step 1 - 2, 1, 4, 3, 6, 5, 8, 7, 10, 9
Step 2 - 4, 1, 2, 3, 6, 10, 8, 7, 5, 9
Step 3 - 4, 7, 2, 9, 6, 10, 8, 1, 5, 3
Step 4 - 7, 4, 9, 2, 10, 6, 1, 8, 3, 5
Input - dog sea school star ice moon flower home rock ball
Step 4 : flower star rock sea ball moon dog home school ice
The answer is option A.

From the venn diagram, we can see that all the conclusions follow.
Hence, option A is the correct answer.

There are two cases possible as drawn below. 

From case 1 diagram, we can see that it's not necessary for some shoes to be gloves. Hence, conclusion I doesn't follow. 
From both diagrams, we can see that it is necessary for some shirts to be gloves. Hence, conclusion II follows. 
From case 2 diagram, we can see that some pants can be shoes. Hence, conclusion III doesn't follow. 
From both diagrams, we can see that it is not necessary for all gloves to be shirts. Hence, conclusion IV doesn't follow. 

Therefore, option A is the correct answer.

Travel time for MUMBAI - KANYAKUMARI = $$\dfrac{950}{40}$$ = 23.75 Hours

Travel time for BHUBANESWAR - CHENNAI = $$\dfrac{950}{30}$$ = 31.67 Hours

Travel time for CHENNAI - KOCHI = $$\dfrac{901}{30}$$ = 30.03 Hours

Travel time for MUMBAI - CHENNAI = $$\dfrac{1000}{30}$$ = 33.33 Hours

Hence, we can say that option A is the correct answer. 

Cost incurred in route MUMBAI - BHUBANESWAR - KOCHI : 701*(2) + 798*5 = Rs. 5392. 

Cost incurred in route MUMBAI - CHENNAI - KOCHI : 1000*(1.5) + 901*(1.5) = Rs. 2851.50. 

Cost incurred in route MUMBAI - KANYAKUMARI - KOCHI : 950*(2) + 1100*(2.5) = Rs. 4650. 

Cost incurred in route MUMBAI - VIZAG - KOCHI : 500*(5) + 600*5 = Rs. 5500. 

Hence, we can see that cost incurred in route mentioned option B is the least. 

The minimum cost incurred in all of the options is Rs. 4300. For minimum amount travelling, school should plan to travel by ship or train route.
So possible routes for Kanyakumari, Vizag and Bhubaneshwar.
Chennai ----Ship (950) ---> Bhubanehswar ----Ship (700)---> Kanyakumari ----Ship (250) ---> Vizag --- Train (300) ---> Chennai
Total cost = 950 × 1.5 + 700 × 2.5 + 250 × 1.5 + 300 × 2.5
= 1425 + 1750 + 375 + 750 = `Rs. 4300.
Therefore, option A is the correct answer. 

Option A: BHUBANESWAR to CHENNAI = $$\dfrac{950}{30}$$ = 31.67 hours

Option B: BHUBANESWAR to KANYAKUMARI = $$\dfrac{700}{25}$$ = 28 hours 

Option C: BHUBANESWAR to MUMBAI = $$\dfrac{701}{40}$$ = 17.525 hours

Option D: BHUBANESWAR to VIZAG =  $$\dfrac{1002}{25}$$ = 40.08 hours.

Therefore, option C is the correct answer.

Option A: Cost incurred in a flight from KOCHI to VIZAG = 600*5 = Rs. 3000

Option B: A ship from KOCHI to CHENNAI and then take a train to VIZAG = 901*1.5+300*2.5 = Rs. 2101.50

Option C: Take a train from KOCHI to KANYKUMARI and then take a ship to VIZAG = 1100*2.5 + 250*1.5 = Rs. 3125

Option D: Take a train from KOCHI to MUMBAI and then take a flight to VIZAG = 300*2.5+500*5 = Rs. 3250

Therefore, option B is the correct answer. 

From the given table, we can calculate two tables. One for mergers and one for acquisitions. 
For Mergers, 

For Acquisitions, 

Total no. of mergers and acquisitions during the given period = 5646

Total no. of mergers during the given period = 1499

Total no. of acquisitions during the given period = 5646 - 1499 = 4147

Hence required percentage is $$\frac{1499}{4147}\times\ 100=37\%\ \left(approx\right)$$

From the given table, we can calculate two tables. One for mergers and one for acquisitions.
For Mergers,

For Acquisitions,

During the given period, Food and Beverage, Textile, Drugs and Pharma, Financial Services and other services satisfy the condition that mergers form more than 20% of the share.