IBBI Valuation Exam Pattern and Passing Marks
100 marks, 2 hours, 60 to pass, and every wrong answer costs a quarter of its marks.
The IBBI Registered Valuer exam is a 2-hour online paper of objective multiple-choice questions, marked out of 100. You need 60% to pass, and every wrong answer costs 25% of the marks that question carries. The format is the same for Land and Building, Securities or Financial Assets and Plant and Machinery; only the syllabus changes.
IBBI's FAQ puts the paper at 87 questions: 74 worth 1 mark and 13 worth 2 marks. All 13 two-mark questions sit inside three case studies, which together carry 26 marks.
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Exam Pattern at a Glance
| Feature | Detail |
|---|---|
| Conducted by | Insolvency and Bankruptcy Board of India (IBBI); NISM is the test administrator |
| Mode | Online, computer-based, at a proctored test centre, objective MCQs |
| Duration | 2 hours |
| Total marks | 100 |
| Questions | 87: 74 x 1 mark, 13 x 2 marks (per IBBI's FAQ) |
| Case studies | 3 cases with 6, 4 and 3 two-mark questions (26 marks) |
| Negative marking | 25% of the question's marks: -0.25 on a 1-mark question, -0.5 on a 2-mark question |
| Pass mark | 60% (60 out of 100) |
| Calculator | Non-memory calculator only; scientific calculators are not allowed |
| Result | Provisional score on screen as soon as you submit |
How the Scoring Works
- Answer every question
- IBBI's format says a candidate is required to answer all questions, and an unattempted question scores zero.
- Negative marking
- A wrong answer loses 25% of that question's marks. Four wrong answers cancel out one right one, so a blind guess gains very little; a guess after ruling out options is worth far more.
- Case-study questions
- Each case opens with a passage narrating a transaction. The platform shows a case as one grouped item, so the on-screen question count looks lower than 87, which IBBI's FAQ explains.
- Unique papers
- Every paper is drawn by the system from IBBI's question bank, so no two candidates see the same set.
How Many People Pass
IBBI's Annual Report 2023-24 gives attempts and successful attempts by asset class. The pass rates are our arithmetic from those numbers.
Land and Building
Attempts
1,070
Passed
127
Pass rate
11.9%
Securities or Financial Assets
Attempts
648
Passed
91
Pass rate
14.0%
Plant and Machinery
Attempts
174
Passed
25
Pass rate
14.4%
| Asset class | Attempts | Passed | Pass rate |
|---|---|---|---|
| Land and Building | 1,070 | 127 | 11.9% |
| Securities or Financial Assets | 648 | 91 | 14.0% |
| Plant and Machinery | 174 | 25 | 14.4% |
Questions in the format described above. No signup.
Why the Pass Rate Is So Low
A 60% bar with negative marking is unforgiving. If you answer every question and get 30 one-mark questions wrong, you lose 7.5 marks on top of the 30 you missed. Candidates who know the subject still fail by guessing on questions they half-know.
The case studies add a second trap: they are computation-heavy, the two-mark questions double the penalty, and one misread fact in a case passage can cost several linked answers at once.
Exam-Day Rules
- check_circleBring a printout of your admit card and an original photo ID (PAN, Aadhaar or passport), and arrive 30 minutes early.
- check_circleNo books, notes or study material: it is not an open-book exam.
- check_circleNo mobile phones, smartwatches or other electronic devices.
- check_circleOnly a non-memory calculator is allowed. Scientific calculators, memory-based or not, are barred.
- check_circleDoubts about a question must be raised at the centre before you leave, through the test administrator. Answers are machine-marked and there is no re-evaluation.
Exam Pattern: Common Questions
How many questions are in the IBBI valuation exam?expand_more
87 according to IBBI's FAQ: 74 one-mark questions and 13 two-mark questions, for 100 marks.
What are the passing marks?expand_more
60% of the marks, which is 60 out of 100.
Is there negative marking?expand_more
Yes. A wrong answer loses 25% of the marks assigned to that question: 0.25 on a 1-mark question and 0.5 on a 2-mark question.
Is the exam online?expand_more
Yes. It is a computer-based exam in a proctored environment at test centres across the country, booked through NISM's certification portal.
When do I get my result?expand_more
A provisional mark sheet appears on screen when you submit or when the 2 hours end. IBBI then issues a pass certificate within 30 days.
Is the pattern different for Land and Building and SFA?expand_more
No. Duration, marks, case-study structure, negative marking and the pass mark are identical. Only the syllabus differs.
Check Before You Book
IBBI revises the syllabus, format and fees by press release, phase by phase. Confirm the current details on IBBI's Valuation Examinations page and NISM's enrolment portal before you book or pay.
Next steps
- Syllabusarrow_forward
- Preparationarrow_forward
- Fees & Validityarrow_forward
- Land & Building Mock Testarrow_forward
- SFA Mock Testarrow_forward
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