Conducted on 25th November 2007, IIFT reverted back to the one correct answer per question format. Overall, the test was not very time-consuming and there was a fair sprinkling of easy to answer questions compared to last year. The Overall Test Structure Total duration of the exam 2 hours Total number of questions 150 Number of sections 4 ( 3 sections had 2 sub-sections) Sectional timing No Number of choices per question 4 Negative Marking 1/3 rd of the marks allotted to the question IIFT 2007 had 4 sections with 3 sections comprising of two sub-sections each, like last year. But this year a new sub-section of Business Judgment was introduced in the paper. The paper was different from last year’s in terms of number of correct options, i.e., it had only one correct option. As compared to last year the test was of moderate level of difficulty. SProblem Solving In Problem Solving section simple questions were scattered among the difficult ones and some of the questions were simple but ...