IIFT 2015 Question Paper

China received a total sum of 129 billions USD as FDI inflows in 2014 which was the highest for any nation in the world. 

Eurodollars are time deposits denominated in U.S. dollars at banks outside the United States, and thus are not under the jurisdiction of the Federal Reserve. Consequently, such deposits are subject to much less regulation than similar deposits within the U.S. The term was originally coined for U.S. dollars in European banks, but it expanded over the years to its present definition. A U.S. dollar-denominated deposit in Tokyo or Beijing would be likewise deemed a Eurodollar deposit. There is no connection with the euro currency or the eurozone.

Prime Minister                          President

Indira Gandhi ------------------Sarvepalli Radhakrishnan, Zakir Husain, V. V. Giri, Fakhruddin Ali Ahmed

Rajiv Gandhi -------------------Zail Singh, R. Venkataraman

I K Gujral ------------------------Shankar Dayal Sharma, K. R. Narayanan

Manmohan Singh --------------A. P. J. Abdul Kalam, Pratibha Patil, Pranab Mukherjee

We can see that option D contains all correct matches. 

Sir Alexander Fleming, a Scottish researcher, is credited with the discovery of penicillin in 1928. At the time, Fleming was experimenting with the influenza virus in the Laboratory of the Inoculation Department at St. Mary’s Hospital in London.

Often described as a careless lab technician, Fleming returned from a two-week vacation to find that a mold had developed on an accidentally contaminated staphylococcus culture plate. Upon examination of the mold, he noticed that the culture prevented the growth of staphylococci.

Hence, option D is the incorrect answer. Rest of the options contain correct pair. 

Mother Teresa, known in the Roman Catholic Church as Saint Teresa of Calcutta was an Albanian-Indian Roman Catholic nun and missionary. She was born in Skopje (now the capital of Macedonia), then part of the Kosovo Vilayet of the Ottoman Empire. After living in Macedonia for eighteen years she moved to Ireland and then to India, where she lived for most of her life.

In May 1985, two months after coming to power, Mikhail Gorbachev delivered a speech in St. Petersburg (then known as Leningrad), in which he publicly criticized the inefficient economic system of the Soviet Union, making him the first Communist leader to do so.

This was followed by a February 1986 speech to the Communist Party Congress, in which he expanded upon the need for political and economic restructuring, or perestroika, and called for a new era of transparency and openness, or glasnost. Therefore, option A is the correct answer. 

The Breakthrough Listen Project: BLP is US$100-million global astronomical initiative launched in 2015 by Internet investor Yuri Milner and cosmologist Stephen Hawking. It has teams from around the world to find signs of intelligent life in universe. The 10-year programme aims to survey 1,000,000 closest stars to Earth by scanning entire galactic plane of Milky Way. It will listen for messages from the 100 closest galaxies at 10 billion different frequencies originated beyond our galaxy.

International Monetary Fund (IMF) - Washington DC, US
International Olympic Committee - Lausanne, Switzerland
International Labour Organisation (ILO) - Geneva, Switzerland
International Chamber of Commerce - Paris, France

Hence, option C is the correct answer. 

Rahul has to score either 90 or 100 marks in the fourth quiz in order to have average more than 80. 

So,there will be two cases:

Case 1: If Rahul scores 90 marks

Then 9 out of 10 will be correct and those 9 correct answers can be in any order. So, total ways of arranging them is $$\frac{10!}{9!}$$

And the probability of choosing either a right answer or wrong answer is $$\frac{1}{2}$$

Hence, the probability of getting 9 answers correct is: $$\frac{10!}{9!}$$  x $$(\frac{1}{2})^{10}$$

Case 2: If Rahul scores 100 marks

Then 10 out of 10 will be correct. So, total ways of arranging them is $$\frac{10!}{10!}$$ = 1

And the probability of choosing either a right answer or wrong answer is $$\frac{1}{2}$$

Hence, the probability of getting all 10 answers correct is: $$(\frac{1}{2})^{10}$$

So, the final probability is $$\frac{10!}{9!}$$  x $$\frac{1}{2^{10}}$$ + $$\frac{1}{2^{10}}$$ = $$\frac{11}{1024}$$

In 2004, let age of Arvind be x, then age of Rohini will be 3x.

It is also given that in 2014, she is older by 6 years than her brother.

It means that their ages differ by 6 years.

So, 3x - x = 6

2x = 6

x=3.

In 2004, Arvind age is 3 years and Rohini age is 9 years.

Hence, Rohini was born in 1995.