IIFT 2018 DI | Previous Year IIFT Paper
Previous year paper questions for IIFT 2018 DI
Answer the following question based on the information given below.
The data on select economic indicators for entire world comprising of 7 regions namely East Asia & Pacific, Europe & Central Asia, Latin America & Caribbean, Middle East & North Africa, North America, South Asia and Sub-saharan Africa is presented in Table-1 for the year 2017. Further, Table-2 represents the economic indicators for select countries.
GNI refers to Gross National Income (USD Billions), PPP refers to Purchasing Power Parity (USD Billions). POP refers to Population (Millions) and SA refers to Surface Area (Thousands sq. km).
1.
IIFT 2018 DI
| DI - Tables & Graphs
Arrange the countries in order of increasing population density (number of people per sq. kms).
- A.
Estonia, Kyrgyz Republic, Lao PDR, and Latvia
- B.
Estonia, Latvia, Kyrgyz Republic and Lao PDR
- C.
Estonia, Lao PDR, Kyrgyz Republic and Latvia
- D.
Estonia, Lao PDR, Latvia and Kyrgyz Republic
Answer: Option
D
Explanation :
Population density = population (in millions)/surface area (in ‘000s sq.km)
Find this value for each country in the options. Observe that there are only four countries – Estonia, Kyrgyz Republic, Lao PDR and Latvia - in the options.
Also, among these, Estonia has been given as the lowest value for each option.
Hence, it need not be calculated.
Kyrgyz Republic: (6.5 × 106)/ (200 × 103)
= 32.5
Lao PDR: (7 × 106)/ (237 × 103) = 29.54
Latvia: (2 × 106)/ (65 × 103) = 30.77
Hence, the correct ascending order is: Estonia, Lao PDR, Latvia, Kyrgyz Republic
Hence, option (d).
2.
IIFT 2018 DI
| DI - Tables & Graphs
For which of the region, the 'GNI per capita' is closest to that of 'GNI per capita' of world?
Answer: Option
A
Explanation :
GNI per capita = GNI/Population
GNI of world= sum of GNI of all the regions
23538 + 20738 + 5282 + 3220 + 20561 + 3118 + 1543 = 78000 billion
Population of world = Sum of population of all the regions
= 2314 + 915.5 + 644 + 444 + 363 + 1788 + 1061 = 7529.5 million
∴ GNI per capita of world
= (78000 × 1000)/7529.5 = 10359.25
Now, find GNI per capita for each region in the options.
East Asia and Pacific:
(23538 × 1000)/2314 = 10171.99
Europe and Central Asia:
(20738 × 1000)/915.5 = 22652.10
Latin America and Caribbean:
(5282 × 1000)/644 = 8201.86
North America: (20561 × 1000)/363 = 56641.87
Hence, the GNI of East Asia and Pacific is closest to that of the world.
Hence, option (a).
3.
IIFT 2018 DI
| DI - Tables & Graphs
What percentage of world's GNI is represented by combined GNI of India and US?
- A.
28.98
- B.
28.42
- C.
27.45
- D.
30.19
Answer: Option
C
Explanation :
Consider the solution to the previous question.
World’s GNI = 78000 billion
Combined GNI of India and US
= 2430 + 18980 = 21410 billion
∴ Required % = (21410/78000) × 100 = 27.45%
Hence, option (c).
4.
IIFT 2018 DI
| DI - Tables & Graphs
Which region has third lowest difference between 'PPP per capita' and 'GNI per capita'?
Answer: Option
B
Explanation :
Observe that GNI per capita has already been found for two regions in the options. Hence, find the PPP per capita for these two regions first:
Latin America and Caribbean:
GNI per capita = 8201.86
PPP per capita = (9838 × 1000)/644
= 15276.40
∴ Difference = 15276.40 – 8201.86
= 7074.54
East Asia and Pacific:
GNI per capita = 10171.99
PPP per capita = (42085 × 1000)/2314
= 18187.12
∴ Difference = 18187.12 – 10171.99
= 8015.13
For the remaining two regions, directly find the difference on a per capita basis.
South Asia:
= 4795.86
Middle East and North Africa:
= 12770.27
Europe and Central Asia:
= 9890.77
North America:
= 2011.02
Sub-Saharan Africa:
= 2229.03
Hence, the third lowest value is for South Asia.
Hence, option (b).
Answer the following question based on the information given below.
The occupancy rate of a hotel is the share of available rooms that are occupied during a given time. Figure-1 presents quarter wise average hotel occupancy in four regions (Asia Pacific, America, Europe, Middle East & Africa ) For the year 2016. Figure-2, shows the revenue of select hotel chains worldwide in 2016.
5.
IIFT 2018 DI
| DI - Tables & Graphs
Considering the total revenue of the hotel industry in 2016 as 495.17 billion USD, what is the percentage contribution of revenue of select hotel chains to hotel industry revenue?
Answer: Option
C
Explanation :
Total revenue of the select hotel chains
= 25 + 17 + 12 + 6 + 6 + 4 + 2 + 1 + 1 + 1
= 75 billion
Total revenue of hotel industry = 495.17 billion
∴ Required percentage
= (75/495.17) × 100 = 15.14%
The closest value is 15%.
Hence, option (c).
6.
IIFT 2018 DI
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For Hilton Worldwide, considering 70% average occupancy rate for 365 days of operations and average room rent of 350 USD per day, the total number of rooms available (in 000's) in Hilton Worldwide per day approximately are:
- A.
150
- B.
130
- C.
160
- D.
170
Answer: Option
B
Explanation :
Total count of rooms = total revenue per day/ revenue from one room
= total annual revenue/(365 × occupancy × room rent)
= (12 × 1000 × 1000000)/(365 × 0.7 × 350)
= 134190.67 i.e. 130(‘000s)
Hence, option (b).
7.
IIFT 2018 DI
| DI - Tables & Graphs
If the number of available rooms in each if the four regions (Asia-Pacific, America, Europe and Middle East & Africa) are in the ratio 1:2:5:4, the average occupancy rate for Quarter-1 are:
Answer: Option
A
Explanation :
Average occupancy rate = weighted average of the occupancy rates of all the regions
= [67(1) + 60(2) + 61(5) + 64(4)]/(1 + 2 + 5 + 4)
= (67 + 120 + 305 + 256)/12
= 748/12 = 62 (approx)
Hence, option (a).
8.
IIFT 2018 DI
| DI - Tables & Graphs
Assuming that there is no change in the number if available rooms in a given year in all four regions, the correct arrangement in the increasing order of average annual occupancy rates is:
- A.
Asia-Pacific, Europe, America, and Middle East & Africa
- B.
Middle East & Africa, America, Asia-Pacific and Europe
- C.
Asia-Pacific, America, Middle East & Africa and Europe
- D.
Middle East & Africa, America, Europe and Asia-Pacific
Answer: Option
B
Explanation :
Since the same number of quarters is being compared for all regions, the regions with numerically largest totals of occupancy rates will have the highest average occupancy rate.
Asia Pacific: 67 + 68 + 72 + 71 = 278
America: 60 + 69 + 71 + 61 = 261
Europe: 61 + 74 + 78 + 69 = 282
Middle East and Africa: 64 + 58 + 61 + 63 = 246
Hence, the correct order is: Middle East and Africa, America, Asia Pacific, Europe.
Hence, option (b).
Answer the following question based on the information given below.
IBM is one of the most valuable technology brand in the world. Visualizing the trends. IBM has added and dropped business segments across years. For example, ''Technology Services and Cloud Platforms (TSCP)" Which started in 2015 only, generated a revenue of approximately 34280 million U.S. Dollors in 2017. Table shows the Global Revenue generated by IBM in nine different segments of its business from 2010 to 2017 in millions USD.
TSCP-Technology Services and Cloud Platforms , CS-Cognitive Solutions, GBS-Global Business Services, SYS-Sytems, GF-Global Financing Other, SOFT-Software, GRS-GLobal Technology Services and S&T-Systems and Technology
9.
IIFT 2018 DI
| DI - Tables & Graphs
For the year 2017, if the revenue in different segments is represented on pie-chart, what sector angle would be represented by 'Global Business Services (GBS)'?
- A.
75 degree
- B.
85 degree
- C.
80 degree
- D.
70 degree
Answer: Option
A
Explanation :
Total revenue for 2017 = 34280 + 18450 + 16350 + 8190 + 1700 + 170 = 79140
GBS = 16350
∴ Required angle = (16350/79140) × 360 = 74.37°
Hence, the approximate angle is 75°.
Hence, option (a).
10.
IIFT 2018 DI
| DI - Tables & Graphs
Which segment has earned third highest cumulative revenue in the time period 2010-2017?
Answer: Option
B
Explanation :
Find the cumulative revenue for each business.
TSCP: 35140 + 35340 + 34280 = 104760
CS: 17840 + 18190 + 18450 = 54480
GBS: 18220 + 19280 + 18570 + 18400 + 17800 + 17160 + 16700 + 16350 = 142480
SYS: 9550 + 7710 + 8190 = 25450
GF: 2240 + 2100 + 2010 + 2020 + 2000 + 1840 + 1690 + 1700 = 15600
Other: 750 + 720 + 580 + 490 + 500 + 210 + 290 + 170 = 3710
SOFT: 22490 + 24940 + 25450 + 25930 + 25400 = 124210
GTS: 38200 + 40880 + 40240 + 38550 + 37100 = 194970
S&T: 17970 + 18990 + 17670 + 14370 + 10000 = 79000
Hence, the third highest cumulative revenue is for Software.
Hence, option (b).
11.
IIFT 2018 DI
| DI - Tables & Graphs
The profit booked by IBM in year 2012 is USD 49 billion. Considering equal percentage profit margins across all segments, then approximate profit made by 'System and Technology' in millions USD is
- A.
8200
- B.
8500
- C.
8700
- D.
8900
Answer: Option
A
Explanation :
Total revenue in 2012 = 18570 + 2010 + 580 + 25450 + 40240 + 17670 = 104520
Profit is USD 49 billion.
Revenue from Systems and Technology is USD 17670 million
∴ Profit through Systems and Technology = 49 × (17670/104520)
= USD 8.2 billion i.e. approx USD 8200 million.
Hence, option (a).
12.
IIFT 2018 DI
| DI - Tables & Graphs
By how much is ratio of percentage 'revenue from Global Business Services' to 'Total Revenue' lower than ratio of percentage of 'revenue from Cognitive Solutions' to Total Revenue' for the year 2016?
Answer: Option
B
Explanation :
For 2016, total revenue = 35340 + 18190 + 16700 + 7710 + 1690 + 290
= USD 79920 million
∴Required difference
= 1.86
The closest value in the options is 2.
Hence, option (b).
Answer the following question based on the information given below.
The logistics performance Index (LPI) is an interactive benchmarking tool created by the World Bank to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance. It is a measure of the country scores on six key indicators: Customs, Infrastructure, International Shipments, Logistics Competence, Tracing & Timeliness. Table shows the LPI indicators (on the scale of 1 to 5) of select countries on these indicators. Figure below presents the perceived performance of these indicators (on the scale of 1 to 5) of India on these 6 indicators.
13.
IIFT 2018 DI
| DI - Tables & Graphs
Considering logistics performance index as the average of the scores obtained on the six parameters the correct sequence of the countries in increasing order if LPI in the year 2018 is
- A.
UK, Austria, USA, Switzerland and France
- B.
Austria, UK, USA, Switzerland and France
- C.
France, USA, Switzerland, UK and Austria
- D.
UK, USA, Switzerland, Austria and France
Answer: Option
C
Explanation :
Find the average score for each country:
Austria: (3.71 + 4.18 + 3.88 + 4.08 + 4.09 + 4.25)/6 = 24.19/6 = 4.03
UK: (3.77 + 4.03 + 3.67 + 4.05 + 4.11 + 4.33)/6 = 23.96/6 = 3.99
USA: (3.78 + 4.05 + 3.51 + 3.87 + 4.09 + 4.08)/6 = 23.38/6 = 3.89
Switzerland: (3.63 + 4.02 + 3.51 + 3.97 + 4.10 + 4.24)/6 = 23.47/6 = 3.91
France: (3.59 + 4.00 + 3.55 + 3.84 + 4.00 + 4.15)/6 = 23.13/6 = 3.85
Hence, France, USA, Switzerland, UK and Austria is the correct ascending order.
Hence, option (c).
14.
IIFT 2018 DI
| DI - Tables & Graphs
Arrange the countries in ascending order on the basis of score obtained on (Timeliness) - (Logistics Competence)
- A.
Austria, USA, Switzerland and France
- B.
Austria, USA, UK, Switzerland and France
- C.
Austria, Switzerland, USA, UK and France
- D.
Austria, USA, UK, France and Switzerland
Answer: Option
A
Explanation :
Difference between Timeliness and Logistics Competence for each country is:
Austria: 4.25 – 4.08 = 0.17
UK: 4.33 – 4.05 = 0.28
USA: 4.08 – 3.87 = 0.21
Switzerland: 4.24 – 3.97 = 0.27
France: 4.15 – 3.84 = 0.31
Hence, Austria, USA, Switzerland, UK, France is the correct ascending order.
Hence, option (a).
15.
IIFT 2018 DI
| DI - Tables & Graphs
In which year the difference between the score obtained in Timeliness between Germany and India is minimum considering the score obtained on Timeliness for Germany as 4.39, 4.45, 4.36, 4.32, 4.48 and 4.33 for 2018, 2016, 2014, 2012, 2010, and 2007 respectively
- A.
2016
- B.
2014
- C.
2012
- D.
2018
Answer: Option
A
Explanation :
Required difference for each year is: 4.39, 4.45, 4.36, 4.32, , 4.48, 4.33
2018: 4.39 – 3.5 = 0.83
2016: 4.45 – 3.74 = 0.71
2014: 4.36 – 3.51 = 0.85
2012: 4.32 – 3.58 = 0.74
2010: 4.48 – 3.61 = 0.87
2007: 4.33 – 3.47 = 0.86
The difference is minimum in 2016.
Hence, option (a).
16.
IIFT 2018 DI
| DI - Tables & Graphs
The difference in performance of which indicator in 2018 as compared to that of 2007 is minimum for India?
- A.
Customs
- B.
International Shipments
- C.
Timeliness
- D.
Tracking & Tracing
Answer: Option
C
Explanation :
Consider the difference between 2018 and 2007.
By observation, the minimum difference among the options given is for Timeliness i.e. 3.5 – 3.47 = 0.03
Hence, option (c).
Note: The actual minimum difference is for Infrastructure, which is not given in the options.
Answer the following question based on the information given below.
The data was collected for an industry in order to analyse the impact and importance of select parameters. The Figure reprents performance of the industry on select parameters which are Fixed Capital, Materials, Value added and Number of Factories from the year 2008-09 to 2015-16. Total inputs = (Output - Value added). Table represents select performance indicators which are Output, Number of Workers and Emoluments from the year 2008-09 to 2015-16.
17.
IIFT 2018 DI
| DI - Tables & Graphs
In which of the following year annual growth rate in emoluments per worker is highest?
- A.
2009 - 10
- B.
2011 - 12
- C.
2014 - 15
- D.
2015 - 16
Answer: Option
A
Explanation :
The emolument per worker and growth rate for each year is shown below:
Hence, the growth rate is highest in 2009-10.
Hence, option (a).
18.
IIFT 2018 DI
| DI - Tables & Graphs
In which of the following year fixed capital per factory is lowest?
- A.
2008 - 09
- B.
2011 - 12
- C.
2013 - 14
- D.
2015 - 16
Answer: Option
A
Explanation :
The fixed capital per factory for the four years in the options is:
Hence, the fixed capital per factory is least in 2008-09.
Hence, option (a).
19.
IIFT 2018 DI
| DI - Tables & Graphs
In which of the following year Material as a proportion of 'Total inputs' is highest?
- A.
2008 - 09
- B.
2009 - 10
- C.
2010 - 11
- D.
2011 - 12
Answer: Option
B
Explanation :
The ratio of Material to Total inputs for each year is:
2008-2009: 4500/6692 = 0.67
2009-2010: 5200/7241 = 0.71
2010-2011: 6500/9493 = 0.684
2011-2012: 8200/11750 =0.697
Hence, the required proportion is highest in 2009-10.
Hence, option (b).
20.
IIFT 2018 DI
| DI - Tables & Graphs
For how many years annual percentage growth in fixed capital is greater than annual percentage growth in number of factories?
Answer: Option
C
Explanation :
Growth rate for fixed capital and for number of factories partially using the data found in the earlier question.
You can verify that the condition is satisfied in five years: 2009-10, 2011-12, 2013-14, 2014-15 and 2015-16
Hence, option (c).
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