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 MBA Aspirants should be aware of the fact that GK and General Awareness is important subject and in  IIFT exam you will be tested on this.  

The IIFT written entrance exam will be a multiple choice objective type test in English with questions from the following areas also besides General Knowledge and Awareness. 
•English Comprehension
•Logical Reasoning
•Quantitative Analysis
The Indian Institute of Foreign Trade (IIFT)  is one of India's most prestigious business schools. It conducts an entrance exam for its flagship course - MBA (International Business). 
The MBA (International Business) is a foundational course for developing a competent cadre of business executives to meet the country’s growing requirements for training personnel in the field of international management. The syllabi for MBA (IB) compares favorably with the syllabi of some of the world’s best International Business Schools.
The Indian Institute of Foreign Trade (IIFT) will conduct a written examination on 25th November 2012 for admission to its MBA-IB (MBA in International Business) program 2013-15 at IIFT New Delhi & IIFT Kolkata.
Get more IIFT 2012 exam alerts and stay tuned to MBA Rendezvous