"Most students who study in IIM-C come from families whose annual income is Rs 5 lakh"
This statistic is based on the form the applicant fills up. Where he/she is asked to select the income bracket that applies. No other proof of income is asked for. So, it could be, that some applicants fib.
RE:
by sudeep sar on Apr 08, 2008 10:09 AM Permalink
Yes, but you also know that if you fib and someone finds out you could lose your seat. At least an IIM aspirant won't fib - he is not looking for government job!
