Concept:
Form factor is defined as:
\[
\text{Form factor}=\frac{\text{RMS value}}{\text{Average value}}
\]
Step 1: For sinusoidal AC:
\[
I_{\text{rms}}=\frac{I_m}{\sqrt2}=0.707I_m
\]
Step 2: Average value over half cycle:
\[
I_{\text{avg}}=\frac{2I_m}{\pi}=0.637I_m
\]
Step 3: Form factor:
\[
\frac{0.707I_m}{0.637I_m}
\]
\[
=1.11
\]
Therefore:
\[
\boxed{1.11}
\]