CAT Answer Key 2024 – The Indian Institute of Management is expected to release the answer key for the CAT 2024 exam soon on its official website, iimcat.ac.in. Candidates who appeared for the exam will be able to download the answer key and the CAT response sheet using their login credentials. Based on the scores obtained by the candidates, the percentile score will be calculated. However, the formula for calculating the percentile is quite complex, and it is provided below for candidates to understand. The CAT 2024 percentile will be mentioned on the official scorecard released along with the result. The CAT Result 2024 will be announced tentatively in January 2025.
CAT Percentile Score – Methodology
The methodology to calculate the percentile obtained by candidates in the CAT exam 2024 is as follows:
Step 1 – The first step is to calculate the total number of students who appeared for the exam.
Step 2 – Based on the scaled score (normalised score) achieved by candidates, assign them a rank {R}. If two or more candidates have scored the same marks, the assigned rank will be identical.
For example, if two candidates achieve the highest scaled score, both will be assigned a rank of 1. Similarly, the candidate(s) with the second-highest scaled score will be assigned a rank of 3, and the ranking will continue in this manner.
Step 3 – Calculate the percentile score (p) of a candidate with a rank {R}:
𝑃 = (𝑁 − 𝑟)/N x 100
Step 4 – After calculating the CAT percentile, round off the score up to two decimal points.
Note – The same methodology is used to calculate the CAT sectional percentile score.
CAT Response Sheet – How to calculate scores
IIM Calcutta will release the response sheet and the CAT answer key 2024 alongside at iimcat.ac.in. To calculate scores, students must know the marking scheme of the exam. As per marking criteria, each correct answer carries 3 marks, while for each incorrect answer, there is a negative marking of minus 1 marks.
