ICFAI University is recognised for the overwhelming highly recognized MBA based programme. There are different papers, under the course, and one of the paper is Business Economics-1 and its paper code-MB1B3.

Division of the paper:

There are two main division or sections in the paper, Section A and Section B.

Paper Pattern:

There are a total of thirty Objectives based question in the first section, and each offers a maximum of four options. There are a total of six main questions in the second section. Candidates have to attempt the entire question offered in the exam paper. The entire question offered in the exam has to be attempted, and have to be answered in English Language. There are both Long answers as well as Short answer type’s question, which may appear in the main question of the second section.

Markings:

The total marks of the paper are eighty. The first section carries a maximum of thirty marks, with each question carrying one mark. The second section carries a maximum of fifty marks. Each of the main questions in the second section carries either nine or eight marks.

Time allotted for examination:

The time allotted for the paper is three hours.