The answer key for the IBPS Clerk Exam is typically released a few days after the exam has been conducted. Here is a detailed explanation of the process and timeline for the release of the answer key:

1. Conducting the Exam:
The IBPS Clerk Exam is conducted by the Institute of Banking Personnel Selection (IBPS) as a part of the selection process for clerical cadre positions in various public sector banks in India. The exam is usually held in multiple sessions over a few days.

2. Evaluating the Answer Sheets:
After the completion of the exam, the answer sheets of all the candidates are collected by the examination authority. These answer sheets are then evaluated by a team of qualified examiners appointed by the IBPS. The evaluation process may take some time, depending on the number of candidates appearing for the exam.

3. Preparation of Answer Key:
Once the evaluation process is completed, the IBPS prepares the answer key for the Clerk Exam. The answer key contains the correct answers for all the questions asked in the exam. It helps the candidates to assess their performance and calculate their estimated score.

4. Verification and Finalization:
Before releasing the answer key to the candidates, the IBPS verifies and finalizes it to ensure its accuracy. This involves cross-checking the answers with the question paper and resolving any discrepancies or errors, if found.

5. Release of Answer Key:
Once the answer key is verified and finalized, the IBPS releases it on its official website. Candidates can download the answer key in PDF format and compare their answers with the correct ones provided in the key.

6. Challenging the Answer Key:
In some cases, candidates may find discrepancies or have objections regarding the answer key. The IBPS provides a specific time period during which candidates can raise their objections and challenge the answer key. They need to submit valid evidence or proof to support their objections.

7. Final Answer Key:
After considering all the objections and challenges raised by the candidates, the IBPS publishes the final answer key. This key is considered as the official and authentic document for evaluating the candidates' performance in the exam.

8. Result Declaration:
Based on the final answer key, the IBPS evaluates the candidates' exam papers and prepares the result. The result is usually announced after a few weeks of releasing the answer key. Candidates can check their individual scores and qualifying status on the official website of IBPS.

Overall, the answer key for the IBPS Clerk Exam is released after the completion of the evaluation process and verification of the answers. It helps candidates to assess their performance and estimate their scores before the official result declaration.