ISM conducts a common entrance examination every year. This

M: +1.00/-0.00

Answer questions on the basis of information given in the following case.

MBA entrance examination comprises two types of problems: formula - based problems and application - based problem. From the analysis of past data, Interesting School of Management (ISM) observes that students good at solving application - based problems are entrepreneurial in nature. Coaching institutes for MBA entrance exams train them to spot formula - based problems and answer them correctly, so as to obtain the required overall cut - off percentile. Thus students, in general, shy away from application - based problem and even those with entrepreneurial mind - set target formula - based problems.

Half of a mark is deducted for every wrong answer.

ISM conducts a common entrance examination every year. This year, the question paper would comprise 60 questions with an equal mix of formula - based problems and application - based problems. All questions would carry equal marks. Balaji is appearing for the examination. Before, appearing for the examination he gets the following information from coaching institutes:
I. Application - oriented problems take more time to solve in an examination hall.
II. Chances of silly mistakes would be low in application - based problems.
III. ISM would assist the students with bank loans to start a new venture.
IV. Options are generally con fusing for formula - based problems.
V.‘Practice makes a man perfect’ can apply only to formula - based problems.
VI. Students get very good campus jobs.

Based on above information, which of the following options would help him to be better
prepared for the examination?

[MBA XAT 2015]

A I &II

B I, II & V

C II, III & VI

D IV, V & VI

E I, II, IV & V