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Innovation Labs For Entrepreneurs Available At New IIMs

Innovation Labs For Entrepreneurs Available At New IIMs

Edited By Nidhi Agarwal | Updated on May 09, 2023 09:02 AM IST | #CAT

India’s youth is not just competitive but also a highly ambitious workforce. While decades ago the professional dreams would be to have an engineering or a medical degree, today the aspirations of a young Indian entering the job market is that of being an entrepreneur. Entrepreneurship is the new passion and while some have family inheritance to pursue this passion, others start-up on their own.

Innovation Labs For Entrepreneurs Available At New IIMs
Innovation Labs For Entrepreneurs Available At New IIMs

The 20 campuses of Indian Institute of Management across India have been a hotbed for new ventures to take flight. Here, individuals who aspire to take up careers in management receive the best training and facilities. IIMs have extended their expertise in training, mentoring and industry-academia networking to aid young entrepreneurs as well.

IIM's incubation labs attract a lot of talent. It is the perfect place for the entrepreneurial mindset of people to convert their dream into reality.

Often, IIMs established in 2015-16, the newest IIMs, are compared with the oldest and top IIMs in terms of placement, salary, infrastructure, and more. Even in terms of incubation centres, new IIMs are trying to make their mark as the other IIMs.

All entrepreneurship-related activities are handled by the incubation centres at IIMs. It attempts to offer a variety of help right from funding, to mentoring, infrastructure, networking, learning resources and more.

Careers360 recently analysed incubator labs at Indian Institute of Technology across the country. Now, we take a look at IIMs, in this article particularly the seven newest IIMs of India.

IIM Bodh Gaya

IIM Bodh Gaya Incubation Centre to Support Innovation, Research and Entrepreneurship (IIMBG INSPIRE) is a platform for starting and growing entrepreneurs into scalable, viable, and successful companies. Students, working adults, startup enthusiasts, aspiring entrepreneurs, and the greater entrepreneurial community interested in innovation and seeking a home for establishing immersive experiences that are scalable enterprises should focus on INSPIRE as their main point of contact.

Through a combination of seed capital, corporate venture capital fund, smart working space, corporate market access, mentoring and training programmes, IIMBG INSPIRE seeks to provide focused, faster and speed growth to new ventures for their successful commercialization of products.

Highlights

Information

Established in

2021

Space/Size

20,000 sqft

Facilities

  • Co-working Space

  • Operation Facilities

  • Mentorship

  • Funding Assistance

  • Sessions

  • Workshops

  • Networking

  • MVP and Business Plan Development

No.of incubatee and start up companies

5+

The centrepiece of IIMBG INSPIRE is STEP-IN, or Startup Enablement Programme through Incubation. By offering its incubatees a state-of-the-art incubation facility, it hopes to grow into one of the top incubation programmes in Bihar. It aims to assist startups in becoming market-fit, gaining early consumer traction, and making money.

In addition to providing professional mentorship, on-site incubation for one to two years, greater access to market resources, networking opportunities, business skill training, and engagement with industry experts and investors, STEP-IN assists entrepreneurs in fine-tuning their business models.

IIM Nagpur

IIM Nagpur has a business incubator called InFED (IIMN Foundation for Entrepreneurship Development). InFED works with significant players at the local, state, federal, and international levels to build an ecosystem that supports entrepreneurs and related parties. InFED serves as a link between aspiring company owners, academics, research institutes, firms engaged in research and development, industry specialists, and financial backers and the government.

Through facilitative services, it also provides all forms of necessary techno-business support for incubates to operate on a daily basis. By generating and disseminating entrepreneurial knowledge through research and various educational programmes, it seeks to strengthen and empower the startup ecosystem.

Highlights

Information

Established in

2018

Facilities

  • Entrepreneurship programmes and activities

  • Mentorship

  • Guidance from subject matter experts, academics and intellectuals

  • Support for market access (surveys, pilot studies, prototyping, etc.)

  • Scholarship and Stipend

  • in-class e-knowledge sources

  • Office infrastructures

  • Wi-Fi, printer, refreshments etc.


Funding programmes

Startup India Seed Fund Scheme, Incubator Seed fund Management Committee of InFED

No.of incubatee and start up companies

10+

Also check - Incubation Labs At Third Generation IITs Strive For The Success Of Budding Entrepreneurs

IIM Sambalpur

IIM Sambalpur's Business Incubation centre supports start-up firms by providing a range of interventions. By providing access to networks, business mentoring, technology support, business mentoring, scientific and information resources, and a generally conducive and supportive environment, it also nurtures businesses in their start-up phase. It supports and runs an active programme for the discovery, development, acceleration, and translation (into practise) of novel ideas fit for starting new businesses.

Highlights

Information

Established in

2020

Facilities

  • Mentoring

  • Business supports

  • Networking

  • Educational/ Access to knowledge

  • Funding

  • Branding


No.of incubatee and start up companies

7

IIM Visakhapatnam

IIMV Foundation for Incubation Entrepreneurial Learning and Development (IIMV FIELD) is committed to fostering innovation and entrepreneurship by motivating and assisting students, faculty, alumni and entrepreneurs across the region. And also to turn their ideas and concepts into working business models and market-ready goods and services. Some of their programmes include pre-incubation, incubation, and acceleration support for women led, student led, social ventures, tech based, edutech and fintech ventures.

It also aims to increase opportunities for mutual learning, knowledge sharing, idea cross-fertilisation, constructive thought exchange, and dissemination of best practices among the people involved. Apart from networking, FIELD creates programmes in creativity, upskilling, re-skilling, re-tooling, incubation, acceleration, innovation, entrepreneurial learning, and development of entrepreneurship.

Highlights

Information

Established in

2018

Facilities

  • Mentoring Support

  • Networking Support

  • Access to IIMV-FIELD’s Ecosystem

  • Infrastructure & Access to Learning Resources

  • Capacity Building Programs

  • Promotions in Internal Digital media channels

  • Media Coverage

  • Interns Support

  • Customised Business Challenge Competitions & Opportunities

  • Business Communications

  • Startup Kit

  • Shared Professional Services

  • Information about Live Opportunities

No.of incubatee and start up companies

73

IIM Jammu

IIM Jammu's Foundation for Entrepreneurship Innovation and Skill Development (IIMJ-FEISD) supports, encourages, and sustains local initiatives that foster innovation, entrepreneurship, and skill-development. The IIMJ-FEISD seeks to develop an ecosystem of innovation and entrepreneurship among the government, academic, and corporate communities of all of Jammu and Kashmir in general, and among the IIM Jammu students, professors, and alumni in particular.

IIMJ-FEISD is attempting to work in a variety of sectors, including but not limited to: agriculture and processed foods, travel and tourism, handicrafts and small businesses, medical and biotechnology, green energy, and ITeS.

Highlights

Information

Established in

2022

Space/Size

10,000 sqft

IIM Amritsar

The Centre for Entrepreneurship at IIM Amritsar is in-charge of setting up and maintaining a system of assistance for persons on and around the university who have creative ideas. In order to co-create and maintain its influence, it creates an entrepreneurial environment.

It attempts to inspire, motivate, and excite pupils to adopt an entrepreneurial mindset. It focuses on fostering aspiring business owners and expanding the entrepreneurial environment. It strengthens the entrepreneurial faculty and research network.

Highlights

Information

Established in

2018

IIM Sirmaur

IIM Sirmaur doesn’t have its own incubator lab but it has a collaboration with IIT Roorkee for an incubation centre. It is named as Technology Incubation and Entrepreneurship Development Society (TIEDS) Business Incubator .

Also check - Analysis Of Incubation Labs For Entrepreneurs At IIM Rohtak, Shillong, Udaipur And Kashipur

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Questions related to CAT

Have a question related to CAT ?

Balancing CAT preparation with college studies requires strategic planning and time management. Here’s a concise approach to help you prepare effectively:


1. **Create a Timetable**: Allocate dedicated time for CAT preparation daily, even if it’s just 2-3 hours. Focus on one CAT section (VARC, DILR, QA) each day to maintain balance. Weekends can be used for extensive practice and mock tests.


2. **Leverage College Breaks**: Use gaps between classes, study breaks, or commute time to revise formulas, solve quick questions, or read newspapers to enhance your reading comprehension and vocabulary for VARC.


3. **Focus on Basics First**: Strengthen your fundamentals in Quantitative Aptitude and Data Interpretation. Use your college academic breaks to dive deeper into complex topics.


4. **Mock Tests & Analysis**: Start taking mock tests early to build exam temperament. Analyze your mistakes thoroughly to improve your strategy and time management.


5. **Consistency over Intensity**: Study regularly, even for short periods. Consistency will help you cover more topics without overwhelming yourself.


6. **Balance Both Priorities**: Ensure your college assignments and studies are managed well to avoid last-minute stress. Prioritize subjects in both CAT and college where you need more attention.


By maintaining a disciplined schedule and staying focused, you can efficiently manage both CAT preparation and college studies.

hope this helps you!!

Hello Nikita,

To get into any of the top IIMs, such as IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, or Indore, a good percentile in CAT is required, although academics play a vital role too. Let's break it down below:

CAT Score: 98+ percentile is an excellent score and makes one competitive.

Academic Scores:

Your 10th score at 84% is quite good.

A 12th score of 65% is on the lower side, which might hamper your chances at some of the top IIMs since they give weightage to past academic performance.

IIM Selection Criteria:

Every IIM has its own weightage for the scores of academics, CAT percentile, work experience, if any, and diversity.

For example, IIM Ahmedabad requires consistent academic records, while IIM Bangalore puts the strongest focus on work experience and diversified profiles.

Graduation: You are currently pursuing graduation, and your performance during that will also be considered in the shortlisting process.

While your CAT score is going to be the major pointer, your academic record-doing in class 12-is going to affect your prospects a bit at IIMs that place significant emphasis on your past performance. Still, you will have a healthy shot, at least at institutes like Lucknow, Kozhikode, and Indore, where a good score in CAT may offset lower marks in academics.

If you have diverse profiled extracurricular activities, leadership roles etc, or work experience, then it can build up your application further.

Hello!

Prep for CAT 2024: Application Pattern

Syllabus: Focus on those areas that fall under the syllabus; for instance, Quantitative Aptitude, Verbal Ability & Reading Comprehension, and Data Interpretation & Logical Reasoning.

Books: Stick to standard books from renowned authors, say, Arun Sharma for Quant, Norman Lewis in vocabulary, and some mock tests available from TIME, IMS, or Career Launcher.

Mock Tests: Take mocks and study the mistakes made.

Time management: F ocus on speed and accuracy.

If you need a more structured approach, consider a coaching institute.

Start early and become a regular.

Wishing you the best! thankyou!

Hello,

While starting your CAT preparation late can be challenging, it's still possible to achieve a good score with focused effort. Prioritize understanding the exam pattern, and focus on key areas like Quantitative Ability, Data Interpretation, Logical Reasoning, and Verbal Ability.

Create a structured study plan, practice regularly with mock tests, and review your performance to identify weaknesses. Use quality study materials and consider joining a coaching class if time permits. Stay consistent and motivated, and remember that dedicated effort in the coming weeks can lead to positive results.

You can refer to the following article for help :

https://bschool.careers360.com/articles/last-minute-preparation-strategy-for-cat

Good luck!

Directions for question :

M/s Deloitte Touche Tohmatsu Limited, one of the top four audit and accounting firms in the world with headquarters at London, UK, and with an operational presence in 153 countries, hires Management Trainees (MT) from all the premier management institutes of India thrice every year, in the months of January, May and September.

Each new group of Management Trainees (MT) have to go through a four month rigorous training schedule, after which they have to pass through a test consisting of a written assessment and a case-analysis. The top hundred ranked Management Trainees (MT) based on the performance in the test are confirmed as Management Executives (ME). The rest are given the opportunity of undergoing the training for four months one more time along with the next batch of Management Trainees (MT) and then passing through the subsequent test consisting of the written assessment and case-analysis. The Management Trainee (MT) who fails to get confirmed as a Management Executive (ME) the second time is fired.

The scatter-graph below depicts the number of Management Trainees (MT) at Deloitte taking the tests from January 2020 till May 2022, and the vis-à-vis hired Management Trainees (MT) at Deloitte who were fired :

It is also known that for the month of September 2019 at Deloitte, 96 hired Management Trainees (MT) failed to be confirmed as a Management Executive (ME) the first time, and that 36 hired Management Trainees (MT) were fired. 

Question :

In which test did the minimum number of Management Trainees (MT) get confirmed as a Management Executive (ME) in the second attempt ?

Option: 1

September 2020

 

 


Option: 2

May 2021


Option: 3

January 2021

 


Option: 4

January 2022 


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Assuming that the next customer's order could only be attended to when the previous customer's order was closed, at what time would the first customer's order be considered closed ?

 

Option: 1

6.15 pm

 

 


Option: 2

6.17 pm

 


Option: 3

6.18 pm

 


Option: 4

6.20 pm


Directions for question :

Six sticks of equal lengths were kept in the vertical position in an empty flower-vase, to be arranged at the six corners of a regular hexagon. The two ends of each of the sticks were of different colours. 

The top ends of the sticks were one of each of the following colours – Red, Cyan, Pink, Brown, Black and Green. The bottom ends were one of each of the following colours – Blue, Yellow, White, Orange, Purple and Grey. Both the sets of colours mentioned were in no particular order.

It was also known that :

a) The stick with the red colour was opposite to the stick with the blue colour

b) There were exactly two sticks whose both ends had colours whose names started with the same letter

c) The stick with the grey colour was adjacent to the stick with the white colour

d) The stick with the cyan colour was adjacent to both the sticks with the brown colour and the one with the blue colour

e) The stick with the purple colour was adjacent to both the sticks with the grey colour and the one with the green colour

f) The stick with the white colour was opposite to the stick with the green colour

Question :

What was the colour of the bottom end of the stick having brown colour at the top end ?

Option: 1

 White 

 


Option: 2

Yellow 


Option: 3

Black

 


Option: 4

Grey


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Assuming that the next customer's order could only be attended to when the previous customer's order was closed, at what time would the third customer's order be considered closed ?

 

Option: 1

6.28 pm

 


Option: 2

6.35 pm

 


Option: 3

6.38 pm


Option: 4

6.45 pm


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Suppose Moloy and Niloy had decided to process multiple orders at the same time, however strictly prioritising a first come first serve basis, when would the second customer's order be considered closed ?

Option: 1

6.20 pm

 

 


Option: 2

6.18 pm


Option: 3

6.15 pm

 


Option: 4

6.12 pm


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Suppose Moloy and Niloy had decided to process multiple orders at the same time, however strictly prioritising a first come first serve basis, when would the third customer's order be considered closed ?

 

Option: 1

6.22 pm

 


Option: 2

6.25 pm


Option: 3

6.28 pm 


Option: 4

6.30 pm


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

A fourth customer comes in and orders two plates of French Toast at 6.24 pm. Suppose Moloy and Niloy had decided to process multiple orders at the same time, however strictly prioritising a first come first serve basis. For exactly how many minutes would one of the friends be idle from 6.00 pm till serving the last customer, assuming that the four customers were the only ones to have come in within the period being discussed ?

Option: 1

9

 


Option: 2

13


Option: 3

18


Option: 4

21


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Had Niloy been absent on that day, and assuming that the next customer's order could only be attended to when the previous customer's order was closed, at what time would the fourth customer's order (refer to the previous question) be considered closed ?

Option: 1

6:38 pm

 


Option: 2

6:42 pm

 


Option: 3

6:47 pm


Option: 4

6:49 pm


Directions for question:

The bar-graph given below shows the foreign exchange reserves of Nepal (in million Rupees) from 2014 to 2021. Answer the following questions based on the graph :

Question:

What was the percentage increase (rounded to the nearest integer, if deemed necessary) in the foreign exchange reserves in 2020 over 2016 ?

Option: 1 None

Option: 2 None

Option: 3 None

Option: 4 None

Directions for question:

The Jadavpur University’s Prince Anwar Shah Road hostel consists of two large separate buildings, one for the ladies and the other for the gents, while having a common kitchen and dining hall. It is the hostel of the CS and the EEC department of engineering students of the university.

In recognition of the growing dissatisfaction and hence complaints among the inmates of the hostel regarding the menu served for dinner, the Dean of the engineering department, Dr Aparesh Sanyal, personally decided to investigate the matter. He set about collecting information about the preference of dinner among the inmates, separately from the gents and the ladies wing of the hostel.

Dr Sanyal was able to gather the following partial information :  

 

Hostel inmates

Menu preference for dinner

Total

Egg Meal

Fish Meal

Chicken Meal

Gents

   

20

 

Ladies

     

64

Total

 

60

   

 

The Warden of the hostel was consulted, who after investigation declared that the following facts were clear :

1. Forty percent of the hostel inmates were ladies

2. One-third of the gentlemen inmates preferred an egg meal for dinner

3. Half the hostel inmates preferred either fish meal or chicken meal

Question:

What proportion of the lady hostel inmates preferred a fish meal for dinner ?

 

 

Option: 1

0.25

 

 


Option: 2

0.50

 


Option: 3

0.75

 


Option: 4

1.00 


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