IIFT Answer Key 2023

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Updated on
January 9, 2023

IIFT Answer Key 2023 Released on January 9: Check & Download; Challenge in 3 days


iift answer key

NTA has released the IIFT Entrance exam Answer key. IIFT test takers can download the IIFT Answer key Pdf and check their responses. In case of any objection they can challenge the official IIFT answer key


Latest Update:

  • IIFT Entrance Exam Answer key released by NTA on January 9, 2023
  • IIFT Answer Key Pdf contains Test Takers’ responses and Correct answers to the Question Paper by NTA
  • IIFT Test Takers can challenge NTA Answers after verifying their answers in IIFT response sheet in 3 days

IIFT Answer Key Login Window: Check & Download
The National Testing Agency releases the IIFT exam answer key, with the option to challenge the IIFT official answer responses. You can download your IIFT answer key and challenge form from official NTA IIFT exam website by login with your IIFT login ID and password. An application fee of Rs.200/- has to be paid to challenge each answer key. NTA has released the IIFT 2023 answer key on official NTA IIFT website.  More than thirty five thousand candidates appeared in the IIFT exam on Dec 18, 2022.


IIFT MBA (IB) 2023-25 Entrance Examination was conducted throughout the country on December 18, 2022 as Computer Based Test (CBT) in 68 cities from 10AM to 12 Noon. The National Testing Agency (NTA) has displayed Candidate Question Paper attempted by each candidate, along with Answer Key to challenge on the website iift.nta.nic.in. 

IIFT Percentile Predictor LIVE Now - Check your CAT Percentile Score in 5 mins now

iift 2023


IIFT Answer Key 2023 Released: Important Dates and Time Line
IIFT Answer key release date and time line to challenge the answer key is as below:

IIFT Answer Key 2023 Activity

Important Dates


IIFT 2023 Answer Key Release Date

Jan 9, 2023

Released at 2 PM

Last Date to Download and Challenge the IIFT official Answer Key 2023

Jan 12, 2023

Upto 11.50 PM

Fee to Challenge IIFT Answer Key


To challenge each answer you need to pay this fee

Last date to pay Fee to Challenge IIFT Answer key

Jan 12, 2023

Till 11.50 PM


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We School | Welingkar PGDM Admissions 2023 IFMR GSB, Krea University MBA Admission 2023
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 IIFT Entrance Exam Answer Key 2023: Key Highlights

  • The NTA has displayed IIFT Answer Key of the questions on the NTA website www.nta.ac.in,
  • The candidates have the opportunity to challenge the official Answer Key
  • IIFT Answer Keys are displayed for 3-4 days
  • Candidates can challenge online against the Answer Key on payment of a non-refundable fee of Rs. 200/- per question challenged as processing charges
  • Along with the IIFT Answer Keys, NTA has also displayed the question paper attempted by the candidate for all the candidates on the NTA website prior to declaration of result
  • NTA’s decision on the challenges shall be final and the result will be declared on the basis of final IIFT answer keys
  • No grievances/representation with regard to IIFT Answer Key(s) after declaration of result will be entertained
  • If a question for any reason is found to be wrong or none of the options in the questions is correct, the benefit of marks will be given to only those candidates who attempted the question. On examining the representations by the subject experts, if it is found that more than one option is correct, then marks will be awarded to all those candidates who have attempted any one of the correct options.

How to Download IIFT 2023 Answer Keys & Challenge Form
You should follow the process below to check & download IIFT 2023 answer key, related questions and then decide whether to challenge the official IIFT answer key:

  • Go to the official NTA IIFT exam website
  • Click on ‘Challenge(s)regarding Answer Key’
  • Login with your Application Number and Date of Birth and enter Security Pin as displayed and Submit
  • Click to ‘Challenge Answer Key’ button
  • You will see 110 Questions IDs. All the questions are in sequential order
  • The ID next to the question under the column ‘Correct Option (s)’ stands for the correct Answer Key to be used by NTA
  • If you wish to challenge this option, you may use anyone or more of the Option IDs given under option(s) ID claimed by clicking the check box
  • After clicking your desired option, scroll down, ‘Save your Claim(s)’ and move to next screen
  • You will see a display of all the Option IDs you have challenged
  • You may want to upload supporting documents, you can select ‘Choose File’ and upload (all documents to be put in a single pdf file)
  • Click on ‘Save your Claim and pay fee’
  • You will find a screen displaying your challenges
  • Processing Fee to Challenge the IIFT Answer Key
  • Pay the processing fee by clicking on ‘Pay Fee’. Select Mode of Payment and Pay your processing fee @ Rs.200/- for each question challenged. Please make payment through Debit/Credit Card/Net Banking.
  • In case your challenge is found correct, your processing fee will be refunded in the same account.

Eligibility to Check IIFT 2023 Answer Key
The IIFT answer keys are available for view and download only for the IIFT 2023 test takers who have actually taken the IIFT exam on December 18, 2022.  


IIFT 2023 Answer Key: Scoring Pattern in IIFT exam

  • Each correct answer in IIFT 2023 carries +3 marks and each wrong answer will impose a negative penalty of -1 mark for MCQ type questions in first three sections.
  • For GK section, each correct answer carries +1.5 marks and each wrong answer is imposed with the penalty of 0.50 mark.
  • What you attempted in IIFT 2023 exam on December 18, 2022, if you remember a good part of it, you may arrive at your near IIFT scores and on its basis check what percentile you could get with the help of IIFT answer keys.

Following table will guide you about your expected score as per the IIFT 2023 sectional composition:

Name of Section
Total questions
Max Mark per correct answer
Negative Marks for each wrong answer
Total Max marks
Verbal Ability & Reading Comprehension
Data Interpretation & Logical Reasoning
Quantitative Analysis
General Awareness (GK)

How to Check IIFT Answer Key 2023
To check IIFT 2023 answer key, take following steps:

  • Click on the links below.
  • On clicking, the Answer Key of IIFT 2023 will be displayed.
  • You can save and take a print of the answers provided in the answer key.
  • You can also cross check the IIFT answer keys with your question paper. It is possible to download the IIFT Question Papers as they are made available by IIFT preparation institutes and match your performance with the IIFT answer keys.

Previous Years IIFT Exam Answer Keys
Check below the previous years IIFT answer keys and question papers 

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IMT Ghaziabad PGDM Admissions Open 2023 FORE School of Management Admissions 2023
IMT Nagpur PGDM Admissions 2023 Great Lakes PGPM & PGDM Admission 2023
LBSIM Delhi PGDM Admissions Open 2023 TAPMI Manipal MBA Admission 2023
IESMCRC Mumbai PGDM Admissions 2023 IFMR GSB, Krea University MBA Admissions 2023
NIA Pune PGDM Admission Open 2023 SDMIMD Mysuru PGDM Admissions Open 2023
IBA Bangalore PGDM Admission 2023 Jaipuria Institute of Management PGDM Admission
JIMS Rohini PGDM Admission Open 2023 Sri Balaji University Pune MBA  Admissions
NDIM Delhi PGDM Admission 2023 JAGSoM Bangalore PGDM Admissions 2023


IIFT 2020 Answer Keys
Click on the links below to access the IIFT 2020 answer keys and IIFT question paper

IIFT Preparation Institute
IIFT 2020 Answer Keys
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IMS Learning

IIFT  Answer Key & Question Paper – Check your Score now

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IIFT Answer Keys
TIME is one the first to offer IIFT 2019 Answer Keys. Congratulation! 
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IIFT Question Paper

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MBAUniverse.com will be updating this page after release of IIFT Answer Keys and Question Papers. So visit again.

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