How to solve Iift 2015 Question 83?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2015 Question 83

This is a detailed step-by-step solution for Iift 2015 Question 83. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

For Infrastructure
Average of the indices = 4+4+5.25/3=13.25/3
=4.4167
For Institutions
Average of the indices =4.25+4.75+4.5/3=13.5/3
=4.5
For Technological readiness
Average of the indices =3.5+3.75+5.5/3=12.75/3
=4.25
For Market Efficiency
Average of the indices =4.25+4.5+4.25/3=13/3
=4.33
The average of the index is highest for Institutions.
Hence B is the correct answer.

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