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What is the full form of "IIFT"?

  • A.International Financial Trading Inc
  • B.Indian Institute of Foreign Trade
  • C.Insurer Investment Fund Transfer
  • D.International Investment for Technology

Answer: B

Correct answer: Indian Institute of Foreign Trade

The Indian Institute of Foreign Trade was established in 1963 by the Government of India as an autonomous body to professionalise the country's foreign trade management.

It conducts postgraduate programmes in international business, trains officials and exporters, and carries out research on trade policy. It was granted deemed university status in 2002. Like several institutions in this topic it is an educational and research body rather than a bank, which is usually enough to identify it from a list of financial-sounding alternatives.

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