IIFT General Knowledge (GK) Previous Year Papers with Questions and Answers – 2018

Saturday, September 21st, 2019


IIFT General Knowledge GK Previous Year Papers with Questions and Answers 2018

IIFT General Knowledge past year papers should be a part of each and every student’s library who is serious about IIFT GK preparation. It would take hardly one hour to go through past year papers and this one hour would teach you about the kind of stuff that gets asked in the exam. I would strongly recommend to all IIFT GK students to please go through this post in details and honestly assess yourself as to how much you would have scored in the actual exam. To clear the cutoff, you would need to get around 6-8 questions correct in each of the past IIFT GK papers from previous years given below.


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a) 300+ Video Tutorials
b) 2 Live Classes (online) every week for doubt clarification
c) 5 workshops on important topics
d) 10 Mock Tests in the latest pattern
e) Previous Year Questions solved on video


 

IIFT General Knowledge (GK) Questions from Previous Year Paper of 2018

Q1. Which of the following is NOT an activity generally carried out by using a shell company?

  1. Production and Manufacturing
  2. Transfer Pricing
  3. Tax Evasion
  4. Raising funds for starting business

Q2. Match the Trophies and Cup associated with each Sport:

  • Badminton        a. Durand Cup
  • Hockey               b. Bama Belleek Cup
  • Table Tennis     c. Rangaswamy Cup
  • Football             d. BWF World Championships
  1. 1-d,2-c,3-b,4-a
  2. 1-c,2-b,3-d,4-a
  3. 1-d,2-b,3-c,4-a
  4. 1-b,2-c,3-d,4-a

Q3. Match the Biographies/Autobiographies of India’S sport players:

  • The World Beneath His Feat       a. Milkhu Singh
  • Imperfect                                          b. Mary Kom
  • The Race of My Life                        c. Sanjay Munjrekar
  • Unbreakable                                    d. Pullela Gopiehand
  1. 1-d,2-c,3-a,4-b
  2. 1-a,2-b,3-d,4-c
  3. 1-c,2-a.3-d,4-b
  4. 1-b,2-a,3-d,4-c

Q4. Correctly match the following terms?

  • Isobront                   a. Joins points with the same light intensity
  • Isocheim                  b. Joins points with the same wind direction
  • Isogon                      c. Joins points with the same mean temperature in winter
  • Isophote                  d. Joins points of a given phase of a thunderstorm activity
  1.        1-d,2-c,3-b,4-a
  2.        1-a,2-b,3-c,4-d
  3.        1-d,2-a,3-b,4-c
  4.        1-a,2-c,3-d,4-b

Q5. Which of the following Telecom operator launched the app based internet calling service “WINGS” in India?

  1. BSNL
  2. JIO
  3. Airtel
  4. Vodafone

Q6. Which of the following agreement is NOT related to the World Trade Organization (WTO)?

  1. Agreement on Trade Related Intellectual Property Rights
  2. General Agreement on Trade In Services
  3. Multilateral Agreement on Transport and Logistics
  4. Agreement on Agriculture

Q7. IIFT has been entrusted with the responsibility of setting up of India-Africa Institute of Foreign Trade as a Centre of Excellence in the area of International Business and Trade with Pan-Africa reach. This effort of Government of India will come under which of the following types of Diplomacy?

  1. Track – III Diplomacy
  2. Track – II Diplomacy
  3. Track – V Diplomacy
  4. Track – VII Diplomacy

Q8. Why are the Indirect Taxes termed as ‘Regressive Taxing Mechanisms’?

  1. Indirect taxes are charged uniformly to all income groups.
  2. Indirect tax with different tax rates are charged differently to different people.
  3. Indirect taxes have progressive tax schedule, meaning high income group may pay more taxes.
  4. None of the above.

Q9. Which of the following is the most exported agricultural commodity from India in terms of value?

  1. Tea
  2. Rice
  3. Rubber
  4. Cotton

Q10. Which of the following is a correct sequence of Sea ports of India from ‘South to North’?

  1. Cochin-Vizhinjam-Kozhikode-Mangalore
  2. Kozhikode-Vizhinjam-Cochin-Mangalore
  3. Vizhinjam-Cochin-Kozhikode-Mangalore
  4. Vizhinjam-Kozhikode-Mangalore-Cochin

Q11. Which of the following country is not a member of BIMSTEC?

  1. China
  2. Bhutan
  3. Nepal
  4. Myanmar

Q12. Which of the following industry is not covered in the ‘Index of Eight Core Industries’ in India?

  1. Electricity
  2. Crude Oil
  3. Natural Gas
  4. Pharmaceutical

Q13. Given below are the logos of various global firms. On the basis of their logo, select the correct functional area they operate in.

IIFT gk question 110

  1. Airlines, Automobiles, Banking, Petroleum
  2. Banking, Airlines, Automobiles, Petroleum
  3. Airlines, Petroleum, Automobiles, Banking
  4. Banking, Airlines, Petroleum, Automobiles

Q14. To strengthen its maritime network and enhance trade and economic ties. Government of India has decided to invest in a port in Indonesia. The name of this port is

  1. Sabang
  2. Samarinda
  3. Sibolga
  4. Sorong

Q15. Which of the following statement about American Businessman Elon Musk is not correct?

  1. His full name is Elon Reeve Musk
  2. He is Argentina-born American entrepreneur and businessman
  3. He founded www.X.com in 1999 (which later became Paypal), SpaceX in 2002 and Tesla Motors in 2003
  4. He is instrumental in leading the design and manufacture of electric Sedan and SUV cars.

Q16. Rand is the currency of which of the following country?

  1. Tanzania
  2. Somalia
  3. Sudan
  4. South Africa

Q17. Bharat Desai and Neerja Sethi, the Indian-American couple has made USD 2 Billion jackpot by selling their company to French IT major, ATOS. Name the company they sold?

  1. Syntel
  2. Symtel
  3. Syotel
  4. Simtel

Q18. Which of the following company has designed the humanoid ‘Sophia’?

  1. Hansen Robotics Ltd.
  2. Hanson Robotics Ltd.
  3. Hansan Robotics Ltd.
  4. Hemsen Robotics Ltd.

Download IIFT GK Papers 2012 to 2017 (with answers)


Ace the IIFT & XAT GK section with our online GK course – Only Rs. 499

Know More about IIFT GK Course


 

Crash Course for MBA Preparation – Prepare in 2 Months

a) 300+ Video Tutorials
b) 2 Live Classes (online) every week for doubt clarification
c) 5 workshops on important topics
d) 10 Mock Tests in the latest pattern
e) Previous Year Questions solved on video


 

IIFT General Knowledge (GK) Answers from Previous Year Paper of 2018

Ans 1.) Production and manufacturing is a core part of operations of a company. It is not carried out by a shell company.

Ans 2.) Football – Durand Cup
Hockey – Rangaswamy Cup
Badminton – BWF World Championship
Table Tennis – Bama Belleck Cup

Ans 3.) World beneath his feat –  Pullela Gopichand
Imperfect –  Sanjay Manjrekar
The race of my life – Milkha Singh
Unbreakable – Mary Kom

Ans 4.) Isobront is a line drawn through geographical points at which a given phase of thunderstorm activity occurred simultaneously.

Isocheim is a line on a map connecting points having the same average temperature in winter.

Isogon is a line of equal or constant magnetic declination on a chart
Isophote is a line in a diagram connecting points where the intensity of light is the same.

Ans 5.) Wings is by BSNL

Ans 6.) Agreement on Transport and Logistics is not a part of the WTO

Ans 7.) Track 5 Diplomacy – Research, Training, and Education, or peacemaking through Learning.

Ans 8.) Indirect taxes are called ‘Regressive’ because they are same for everyone irrespective of income.

Ans 9.) Most exported agricultural commodity – Rice

Ans 10.) Seaports from south to north are Vizhinjam – Cochin – Kozhikode – Mangalore

Ans 11.) BIMSTEC countries are Bangladesh, India, Myanmar, Sri Lanka, Thailand , Nepal and Bhutan. China is not a member.

Ans 12.) Eight Core Industries are Electricity , steel, refinery products, crude oil, coal, cement, natural gas and fertilizers. Pharmaceuticals is not covered.

Ans 13.) Logos are of Barclays (Banking), Qatar (Airlines), Mustang (Automobile), Rosneft (Oil)

Ans 14.) India Indonesia Port – Sabang

Ans 15.) Elon Musk was born in South Africa – Argentina born is incorrect info

Ans 16.) South African currency – Rand

Ans 17.) Bharat Desai founder of – Syntel

Ans 18.) Sophia Robot – Hanson Robotics

Other posts related to General Knowledge

How to prepare for General Knowledge (GK) for IIFT
Books and Authors important for General Knowledge (GK) Preparation for IIFT & XAT
Heads of Important Organizations of India and the World for General Knowledge Preparation
GK Tips – List of Longest, Largest, Highest, Tallest Places around the World and in India
IIFT Mock Test for the General Knowledge (GK) Section

Download IIFT GK Papers 2012 to 2017 (with answers)


Ace the IIFT & XAT GK section with our online GK course – Only Rs. 499

Know More about IIFT GK Course


 

Crash Course for MBA Preparation – Prepare in 2 Months

a) 300+ Video Tutorials
b) 2 Live Classes (online) every week for doubt clarification
c) 5 workshops on important topics
d) 10 Mock Tests in the latest pattern
e) Previous Year Questions solved on video


 

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