IPMAT Answer Key 2024

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SK Agarwal
SK Agarwal
Editor, MBAUniverse.com
Updated on
June 5, 2024

IPMAT Answer Key 2024 Released After Objection Review: Result Soon; No Further Evaluation; Check Top IPM/BBA colleges with Cut offs, Fees, Intake

Latest Update:

  • IIM Indore IPMAT 2024 Final Answer key Released: One Answer Revised
  • All Test Takers will get Benefit of Marks
  • IPMAT Exam was Held on May 23, 2024
  • IPMAT exam Result Soon
  • IIM Indore, IIM Ranchi, IIFT, TAPMI & Others to Accept IPMAT score

IIM Indore that conducted IPMAT 2024 on May 23, 2024 for admission to its 5 year IPM 2024-29 batch, has released the IPMAT exam 2024 final answer key after reviewing the objections raised by the test takers and has not revised one answer in Quantitative Ability (MCQ) section. This will benefit all the test takers. Earlier the IPMAT official answer key was released with candidate’s responses on May 28 for the benefit of candidates so that they could confirm the accuracy level of attempts in IPMAT 2024 exam.


In its release on Answer Key Post Objection Management, IIM Indore has clarified, “The Objection Management Window was opened following the IPM AT exam that was conducted on May 23, 2024. A total of 54 objections were received, with payment for 9 of them successful. All 54 objections as well as the answer key were examined by the panels of subject matter experts for IPM AT for the corresponding sections. The decisions listed below were taken after the review:

Number of Objections
Quantitative Ability (SA)
No change
Quantitative Ability (MCQ)
None of the objections submitted by the candidates in this section were accepted. However, the answer key for one question (ID 27630640) was revised by the experts as all four options for this question were found incorrect upon a separate review. Therefore, all the candidates would be awarded the full 4 marks for this question. (see below).
Verbal Ability (VA)
No change

Question Number: 40 Question Id: 27630640 Question Type: MCQ


Correct Marks: 4 Wrong Marks: 1

Let n be the number of ways in which 20 identical balloons can be distributed among 5 girls and 3 boys such that everyone gets at least one balloon and no girl gets fewer balloons than a boy does. Then.



8000  n < 9000

9000  n < 10000

7000  n < 8000

6000  n < 7000


IIM Indore’ Decision After Review: All Test Takers to Get 4 Marks

  • None of the options for this question is correct.
  • All candidates would be awarded 4 marks for this question.

Immediately after release of answer key, IIM Indore is all set to release IPMAT result soon. IIM Indore had released the IPMAT Answer key 2024 on May 28, a few days after the IPMAT exam. IIM Indore had released IPMAT Answer key 2024 and response sheet of test takers simultaneously along with objection form to challenge the IPMAT answer key. IPMAT Answer Key 2024 helps the students to cross check their responses with official IPMAT 2024 answer key and calculate their score as per the IPMAT 2024 marking scheme.


Read Table of Contents below to know about What is IPMAT answer key, How to download IPMAT Answer Key PDF, How to Challenge the IPMAT Answer Key 2024, how to calculate score with IPMAT answer key, Top BBA colleges accepting IPMAT score and other details:


Table of Contents

  1. What is IIM Indore IPMAT 2024 Answer key? Key Facts
  2. IPMAT Answer Key 2024 Release Date, Time and Last Date
  3. How to Download IPMAT Answer Key 2024?
  4. How to Challenge the IPMAT Answer Key 2024?
  5. IPMAT Answer Key 2024 Challenge Fee
  6. Last date to Raise IPMAT Answer Key Objections
  7. Eligibility to Check IPMAT Paper Answer Key 2024
  8. IPMAT 2024 Paper Answer Key: Questions for which Answer Key is Released
  9. Calculation of Score Based on IPMAT Answer Key 2024
  10. FAQs on IPMAT Answer key 2024 and response sheet

1. What is IIM Indore IPMAT 2024 Answer key? Key Facts

The answer key for IPMAT exam is released to maintain transparency in exam and to help candidates to check their responses with the correct answers. IIM Indore releases IPMAT  Answer key on official IPMAT website iimdr.ac.in.

1.1 IPMAT Answer Key 2024: 5 Key Facts

  1. IPMAT answer key will enable the test takers to check & verify their answers and thereby arrive at their expected IPMAT score to explore chances for IPM admission 2024 in IIM Indore, IIM Ranchi, IIFT, TAPMI and other preferred colleges.
  2. IPMAT answer key Pdf is released with a Query-cum-objection form. The candidates who are not satisfied with the answers as suggested by IIM Indore, can challenge any answer by submitting IPMAT Answer Key Objections to get the same redressed after paying requisite fee. If the Answer Key Objections raised by a candidate is found to be valid, the remedial measures taken by IIM Indore will be applicable to all the candidates.
  3. The objections received for IPMAT answer keys 2024 will be reviewed. If there is no change perceived by experts in the IPMAT answer key, the objection will not be entertained
  4. IPMAT solutions Pdf 2024 will be released as IPMAT final answer key for all type of questions.
  5. IPMAT answer keys 2024 will be available only for those candidates who have actually appeared in the exam. They can access the IPMAT answer key for the question paper which they have attempted.

2. IPMAT Answer Key 2024 Release Date, Time and Last Date

IIM Indore will release official IPMAT Answer Key PDF. IPMAT Answer key 2024 and response sheet remains live for 2-3 days. Candidates can check the Official IPMAT Answer key 2024 as well as their Individual Responses to Questions during this duration and can also raise objection to the answer key. The Objection Management tab for IPMAT 2024 remains active for 2-3 days. Important IPMAT Answer Key Release Date, IPMAT Answer Key Challenge dates are as below:

IPMAT Answer Key 2024
Important Dates
IPMAT 2024 Exam Date
May 23, 2024
IPMAT Answer Key Release Date
Released on May 28, 2024
Answer Key Release Time
10 AM
Last Date to Check & Download IPMAT Answer Key 2024
May 31, 2024
IPMAT Answer Key download closing time
5.00 PM
Last date & time for IPMAT Answer Key Challenge 2024 and file objection form to IPMAT Official website
May 31, 2024 till 5.00PM
From where to Download IPMAT Answer Key 2024
IIM Indore IPMAT official website iimdr.ac.in
with your login credentials
IPMAT official Final Answer Release Date after verifying objections from test takers
June 5, 2024
IPMAT 2024 Result Date
Expected Soon

3. How to Download IPMAT Answer Key 2024?

You can download your IPMAT answer key from official IPMAT website, by login with your IPMAT application form number, Registered Mail ID/Date of Birth. Direct IPMAT Answer key 2024 PDF Download Links are enabled by IIM Indore on IPMAT answer key release date. IPMAT 2024 response sheet along with answer key is released to enable the IPMAT exam takers to raise & file objection to the answers which appear wrong to the test takers. Last year IPMAT answer key Pdf download window is shared below:


3.1 IPMAT 2024 Answer Key Download: Step by Step Process

IPMAT 2024 exam was conducted in single slot. You can download IPMAT 2024 answer key from IPMAT official website and should check IPMAT answer key 2024 and related questions as below:

  1. Log on to IPMAT official website and Submit your IPMAT Login and User ID on “Login"
  2. Your Personal IPMAT Page will appear with IPMAT Answer key 2024 PDF Download Links
  3. Check Applicant Details
  4. The icon on IPMAT website means that you can check here the answer key, your answer status, and the correct answer to the respective question. 
  5. Next step is to click on ‘Candidate Response’ Tab. This will enable you to download your IPMAT answers and check each question, its answer status and the correct answer option as marked by IIM Indore in its official answer key. The complete document contains IPMAT 2024 Paper Answer Key with questions. This contains all IPMAT answers & questions that appeared to you. The IPMAT answer keys contain your own marked responses also for the IPMAT questions for the respective slot.
  6. If you have any doubt on official answer key to any question of IPMAT exam, you can submit your doubts in the ‘Objection Form’.

4. How to Challenge the IPMAT Answer Key 2024?

IPMAT Answer Key Challenge Window opens with the release of answer key and response sheet. In case the students are not satisfied with the IPMAT 2024 answer key, a limited 2-3 days IPMAT Answer Key Challenge Window remains open for the test takers to raise objection to official IPMAT Answer Key by paying requisite fee. After scrutinizing the objections received, IIM Indore will release the final IPMAT Exam Answer Key and will release the IPMAT exam result simultaneously. Following are the key steps to raise objections against the official IPMAT answer key:

  • Visit the official IPMAT website iimdr.ac.in
  • 'Login to Raise Objections' link 
  • Login with using the login credentials
  • Check & Select your set of IPMAT question paper and the official answers of IPMAT questions against which you want to raise objection
  • Insert remarks for each official answer justifying your objection and pay Rs.100 fee for objection on each question

5. IPMAT Answer Key 2024 Challenge Fee

The IPMAT Answer Key 2024 Challenge Fee for against each official IPMAT answer is decided by IIM Indore with the release of IPMAT Objection form. Going by the past trends, it is expected that for each question, a nominal answer key challenge fee of Rs.100 will be charged. IIM Indore charges this IPMAT answer key challenge fee to discourage unwarranted and frivolous challenges. The answer key challenge fee also ensures that candidates are serious and confident about their filed objections. . 

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6. Last date to Raise IPMAT Answer Key Objections

The last date to raise IPMAT answer key objection is 2-3 days after the release of provisional IPMAT answer key with candidate response sheet. Key points to note about raising objection to IPMAT answer key are:

  • No changes are allowed after submission of your IPMAT answer key objection form
  • Candidates must pay requisite objection fee to challenge each official answer key.
  • You can raise only one objection at a time

7. Eligibility to Check IPMAT Paper Answer Key 2024

  • Only the IPMAT 2024 test takers who actually appeared in the IPMAT 2024 can view and download the answer key
  • Alongwith the answer keys, there is a form for IPMAT objections to raise objection in case the IPMAT test taker is not satisfied with answers published on the official IPMAT exam website.
  • The answer keys can be accessed with IPMAT 2024 login ID and Password.

8. IPMAT 2024 Paper Answer Key: Questions for which Answer Key is Released

IPMAT 2024 was conducted in a single slot on May 23, 2024. The question paper consisted of 90 questions. There are multiple paper sets and the IPMAT Paper Answer key 2024 is released for all the paper sets. Following table will guide you about the IPMAT 2024 paper and its sectional composition

IPMAT Exam Sections 2024
Key Topics
Total Number of Questions
Time Allotted
Marks for Right Answer
Marks for Wrong Answer
Quantitative Ability (MCQs + SA)
Quantitative Ability: Percentages, Profit and Loss, Number System, Average
Data Interpretation (DI)
Logical Reasoning (LR)
45 (30 MCQs + 15 SA questions
80 Mins
-1 (only for 40 MCQs)
Verbal Ability
Reading Comprehension;
Vocabulary; Para Jumble & Logical Completion of Paragraph
45 MCQs
40 Mins
120 Mins

Every year, there are grumblings on the ambiguous answer options in various exams. The release of IPMAT 2024 answer keys can help candidates to raise their genuine queries against such answers which are not found correct and the candidates are not satisfied with them. After scrutinizing the objections received from the test takers, IIM Indore will release the IPMAT 2024 final answer key before release of IPMAT exam result

9. Calculation of Score Based on IPMAT Answer Key 2024

You can easily calculate your score which will determine your IPMAT percentile based on IPMAT answer key. IPMAT exam awards 4 marks for each correct answer and -1 negative mark for MCQ type questions while wrong answers to short answer questions do not attract negative marking. Based on IPMAT answer key, you can calculate your score as below: 

  • Total Questions: 90
  • Total MCQs with negative marking: 75
  • Total Short Answer Questions Without Negative Marking: 15
  • Maximum Marks: 360
  • Marks for each correct answer: +4
  • Negative Marking (Applicable for MCQs only): -1

Now proceed as follows to calculate your IPMAT score based on IPMAT answer key 2024 release:

  • Cross Check your answers with IPMAT official answer key
  • Check for Correct Answers: Add +4 for each correct answer
  • Check for Wrong Answers for MCQs: Deduct -1 for every wrong answer out of already scored marks
  • Check for Wrong Answers for Short Answer Questions: No negative marking so do not deduct any marks
  • Add the score for correct answers and deduct the negative marks you have calculated
  • Your final score is available now
  • Check Total score and check the cut offs applied for shortlisting

10. FAQs on IPMAT Answer key 2024 and response sheet

Q: When the IPMAT 2024 exam answer key will be released?
IIM Indore is expected to release the IPMAT answer key 2024 on May 29


Q: How can I check IPMAT answer key 2024?
You need to download official IPMAT Answer key 2024 from IIM Indore IPMAT exam website iimdr.ac.in with your login details


Q: Can I get IPMAT answer key on Mail or in Offline Mode?
No, you have to download the IPMAT answer key online only. IPMAT answer key will not be sent on mail or in offline mode.


Q: Why IIM Indore releases IPMAT answer key? What are the key benefits?
IIM Indore releases IPMAT answer key to maintain exam transparency and allow the candidates to cross check their own responses with correct official answers. This helps the test takers in calculating the IPMAT score. This score can be used to decide which good BBA college is available for them.


Q: Does IIM Indore confirm the Verification on IPMAT Answer Key?
Yes, after the objections are submitted against IIM Indore IPMAT answer key, all the objections are reviewed and verified before releasing the IPMAT exam result. After this, IIM Indore confirms ‘Subject matter experts for the Verbal Ability and Quantitative Ability sections have reviewed the objections.’ In case the answer key is changed for any question, the benefit of marks is given to all the test takers. If it is not changed, no changes in answer key is made and result is released finally.

Short name
IPMAT Answer Key

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