IIM Bangalore

Commerce 17+ Mins 17 Qs

The conversation

17 questions

What is opportunity cost?
Elaborate on opportunity cost in the context of the American tariff situation.
What decisions have Indians made that have led to the present state of education in India?
What is the allocation for the education sector in the Union Budget 2025–26?
Break down and analyse the education allocation — assuming there are only 20 IITs, how would the allocated funds be used?
What is marginal propensity to consume?
What is elasticity of demand?
Is the law of demand always practical?
Prestigious goods violate the law of demand — is there a similar exception on the opposite end of the demand spectrum?
Give an example of a Giffen good.
Do you think corruption is elastic?
Should copying (cheating in exams) be legalised in India?
The interviewer presented various scenarios to put the candidate in a dilemma and pressure them into agreeing that copying is legitimate.
Do you read any books? What do you like about them?
Do you think one needs to be wealthy to be simple? (asked with reference to the candidate mentioning Sudha Murthy's simplistic writing style)
Do you think our Prime Minister should travel in a Maruti Suzuki to appear relatable and simple to the common people?
Is there anything you would like us to ask you?

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