@Abhedhy IIFT GK is perhaps the toughest among all the exams which still have this section. Read a lot of newspapers, Arihant GK books, The Economist etc but its such a varied bunch that its hard to put a cap or point you at something specific. They ask both current and static, so its just a wild swing really.
The good part - The cut off for the section (if considered) is very low.
@arunrajput1007 Norman Lewis is Good. Make sure that apart from that book, you do the word list given at the end also. That should cover most of the portion. Good luck.
do u have any shortcut tricks or sumthing... ??? n any other book except time n cl??? i dont have that
If you are looking for short cuts in CAT read this thread http://www.pagalguy.com/forums/cat-and-related-bschools/special-tricks-cat-2011-t-72803/p-2977572/r-3007913?page=1