CAT Eligibility Criteria 2025: CAT is a key entrance exam for IIMs and top B-schools. Candidates need a bachelor’s degree with 50% marks (45% for reserved categories). No age limit applies. Final-year students and those with backlogs can apply. The exam has 66 questions across three sections, with a -1 penalty for MCQ errors. IIMs follow government reservation policies. Eligibility excludes unrecognized degrees and candidates below the minimum academic criteria.