IIFT Answer Key 2021 - National Testing Agency (NTA) will release IIFT 2021 answer key (provisional) in online mode tentatively in the first week of December 2020. Candidates will have to login to the official website by using their necessary credentials to download the IIFT answer key 2021. After getting the answer key of IIFT 2021, candidates can match their answers with the help of the response sheet and they can check if any attempted answer is incorrect. Accordingly, candidates can challenge the answer key of IIFT 2021 within the stipulated time and they must have adequate proof of it. As per last year, candidates have to pay the amount of Rs 1000/- per challenged question. IIFT 2021 will likely be held on First week of December 2020. Know all the information related to IIFT answer key 2021 such as release date of the answer key, how to challenge it and when will the final IIFT 2021 answer key to be released.

Important Dates for IIFT Answer Key 2021

Latest: [Download free Question Papers and Sample Paper of IIFT, Click here]


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IIFT Answer Key 2021

Candidates can check the tentative dates for the answer key of IIFT 2021 in the below-provided table.

IIFT Answer Key 2021 - Important Dates



IIFT 2021

First week of December 2020

Availability of answer key and challenge date

First week of December 2020

IIFT final answer key 2021

Second week of December 2020

Announcement of IIFT 2021 result

Second week of December 2020

Announcement of shortlisted candidates for the second round

Fourth week of December 2020

Group Discussion and Personal Interview

January/ February 2021

Beginning of new session

First week of July 2021

*Provided dates are tentative and subject to change.

IIFT Sample Paper

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How to download IIFT Answer Key 2021?

While downloading IIFT 2021 answer key, candidates can refer to the provided steps:

Step 1 - Visit the official website of NTA

Step 2 - Now click on Challenge answer key - IIFT MBA (IB) only Indian candidates tab.

Step 3 - After clicking, a new page will open where candidates have to enter their application number and password.

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Step 4 - After entering the application number and password a new page will open where candidates have to click on view answer key tab.

Step 5 - Now candidates will get to see IIFT answer key 2021 in which all the correct answers will be mentioned.

Step 6 - Candidates can easily estimate their scores by following the marking scheme.

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IIFT Marking Scheme 2021


Total number of questions

Negative marking

Verbal Ability & Reading Comprehension


1 Mark will get deducted for every wrong answer

Data Interpretation and Logical Reasoning


1 Mark will get deducted for every wrong answer

Quantitative Ability


1 Mark will get deducted for every wrong answer

General Knowledge & Current Affairs


0.5 Mark will get deducted for every wrong answer



How to challenge IIFT answer key 2021?

While matching answers that are given in the IIFT 2021 answer key, if a candidate finds any incorrect answer in the response sheet of IIFT, in such case, candidates can raise an objection against it by providing adequate proof to the officials.

Step 1 - Visit the official site of the National Testing Agency (NTA)

Step 2 - Now click on “Challenge (s) regarding answer key”

Step 3 - Now candidates have to login with entering their application number, date of birth and captcha code after that click on the ‘Submit’ tab.

Step 4 - A new page will open where the candidate has to click on ‘Challenge answer key’ tab.

Step 5 - All the 110 questions will appear on the computer screen in sequential order.

Step 6 - ID next to the question which is under the column ‘Correct Options’ which stands for correct answer key used by NTA.

Step 7 - If the candidate wishes to challenge any option, then, in that case, they can sue any one or more of the option IDs, which is mentioned under options ID claimed by clicking on the checkbox tab.

Step 8 - After clicking on the desired option, candidates have to click on ‘Save your Claim(s)’ and move to the next tab.

Step 9 - All the challenged IDs will be displayed on the computer screen.

Step 10 - If candidates want to upload any supporting document or proof, then they have to click on the ‘Choose file’ option. (Upload proof in the form of PDF)

Step 11 - Now click on “Save your claim and pay the fee” option

Step 12 - Now the screen will show all the challenges.

Step 13 - Pay the amount of processing fee by clicking on the ‘Pay Fee’ button.

Step 14 - Select the mode of payment and pay Rs 1000/- for each challenged question. Candidates can make their payment by using credit/ debit cards or net banking.

Step 15 - In case the challenge found correct, the processing fee will be refunded in the same account.

IIFT 2020 Previous Year Question Papers & Answer Key

IIFT 2020 Question Paper

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IIFT Answer Key 2020


IIFT Previous Year Answer Key 2017

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IIFT Answer Key



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Test Funda

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While practising for IIFT 2021 candidates can access the previous year IIFT question paper and evaluate their performance by provided answer key.


Question Paper

Set A

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Set B

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IIFT Answer Key 2016

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Answer Key

Question Paper


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Test Funda

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IIFT Result 2021

After the conclusion of IIFT 2021, the result will be released on the official website of the National Testing Agency in online mode probably in the second week of December 2020. While checking IIFT 2021 result candidates will have to enter their User ID and Password.

Frequently Asked Question (FAQs) - IIFT Answer Key 2021

Question: Is there negative marking in IIFT 2021?


Yes, negative marking scheme is applicable for every section. For every wrong answer 1 mark will get deducted. For General Knowledge and Current affairs section 0.5 mark will get deducted.

Question: How many students are going to appear for IIFT 2021?


It is expected that around 45,000 students will take the IIFT 2021.

Question: What is the information mentioned in the IIFT answer key 2020?


IIFT 2021 answer key will include all the information regarding the exam slot and correct options of all the questions.

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Questions related to IIFT

Showing 180 out of 180 Questions

Hi mam i have 129 marks in iift i have got a call Sc Category Chances of final convert and composite score for Sc candidate as per previous trend?

Sampriti Student Expert 30th Jan, 2020
IIFT 2020 has released its shortlist and has a total of 420 seats in all the 3 campuses  combined. As per their reservation criteria 15 percent of the total seats are reserved for students falling in SC category. But your final conversion will depend on your performance in the written skill assessment, GD and PI rounds. Moreover you'll also be questioned on your CV from that the Institute requires you to fill once to get a call. If you perform well in those rounds you can easily get through.

Good Luck

I have been shortlisted for second round in iift. there is a mistake in my application .. for category general (bc creamy layer ) it is gen ews. i have sent queries regarding the issue and got no replies. can someone help me with this issue please?

Sampriti Student Expert 27th Jan, 2020
If you've got a call you must attend the selection process. Before they start the process they'll review all your documents as well as application form. So you can ask them there if you can attend the process. They usually let students appear for the process even if there's some mistake.
And in the interview you can try to convince them. If they find you as a desirable candidate there won't be any problem with that.

Good Luck

i got 39 and half marks in iift,so whats my percentile???

NAVNEET PANDEY 11th Jan, 2020

Hello Rinku

You need atleast more than 105+ marks to get a good percentile and almost 138 to secure a call from any good college taking part in IIFT entrance test.you will have around 40 percentile according to previous year trends which is very low.

I hope it helps.


Which books can help for the CAT preparations and other management exams such as XAT, IIFT, SNAP, etc?

Khushi 5th Jan, 2020

Hi Pallav

These are some of the best books


  1. For Vocabulary: Word Power Made Easy by Norman Lewis
  2. For enhancing the reading speed, any novel and newspaper and anything you can read will be good enough.
  3. For Grammar: Normal Grammar Rules from Wren and Martin.


Books by Arun Sharma (TMH) and by Nishant Sinha (Pearson)


  1. Quantum CAT by Sarvesh K Verma
  2. Quantitative Aptitude by Arun Sharma

Hope this helps


Do we need mathematics subject in class 12. To do IIFT.

Saloni Singh 3rd Jan, 2020
Hello Himanshu,
Hope you are doing well.
No, there's nothing like you need to have mathematics in your 10+2 course as eligibility criteria for getting admission at Indian Institute of Foreign Trade (IIFT).
The only academic eligibility criteria for IIFT is a graduate degree with a minimum aggregate marks of 50%.
You can check more details about the institute at the link I am mentioning below.
Please check :
Hope it's helpful to you !
All the best.
Thankyou .
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