I think there will be negative marking as it was last time. But this time the pattern may change, So please check and read the instructions carefully before attempting paper.
Hope that helps you.
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There is no negative marking for Olympiad exams. These exams are conducted through schools from class 1 to 12. You can visit olympiadhelper dot com for sample and mock test papers for your practices and you can get more information regarding Olympiad exams.