I am general catg. candidate, what are my chances/probability of getting into IIFT coz total seats are 420. I should fill form or not?
You should definitely fill form and be positive of conversion irrespective of seats for general category.
Scores above 35.5 is considered as cutoff a sper 2018 hence score above 50 shall be very good for conversion out of 100.
https://bschool.careers360.com/articles/iift-cutoff
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