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Indian Institute of Foreign Trade 2014 Solved Paper

Directions for question 53 : The statement below is followed by three outcomes numbered I, II and III. An outcome is either a step of administrative decision to be undertaken for improvement, or a follow- up for further action, or natural response by stakeholders, etc. on the basis of the information provided in the statement. Everything mentioned in the statement is to be assumed to be true, on the basis of which the most logically followed course of action has to be decided.

Question : 53

Total: 118

Statement : The city council of Brownwood City has decided to install a plant of mineral water to provide the citizens mineral water bottles at US $ 1 per bottle as against bottles costing US $ 1.5 being sold by local private players.
I. All the local private companies selling bottled water in Brownwood City will have to close their operations.
II. The city council of Brownwood City will have to provide for the losses from this project in its budget.
III. The normal tap water supply of Brownwood City will have no takers and that will have to be discontinued.

None of I, II or III
Only II
Both II and III
All I, II and III

Validate

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