XAT Exam is a National Level test to enter in the XLRI Jamshedpur and other elite B-Schools too.
There is nothing like XAT Exam in terms of transparency. According to the report, XLRI published the 2015 result in public domain including question paper, answer, and OMR answer sheets of the candidate.
XAT Exam is a paper based exam. According to the XLRI, the students from a privileged background or from IT domain get equal benefits.
XAT Exam does not include GK & Essay writing part in percentile calculation.
There is negative marking of 1/4th marks for each incorrect answer in the XAT Exam and 0.5 for 12 unattempted questions.
Students who apply for the XLRI has no need to fill the separate form, as XLRI form is embedded with XAT Exam