I did MSc from IIT BHU and will take CAT this year. Will my MSc grades be considered during short list for interview in top B-Schools?

Each institute has its own criteria for shortlisting students but most of the best B schools do consider your graduation or post-graduation credits or score for shortlisting. So yes your M.Sc. Will be considered.

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It totally depends upon institute to institute, some colleges' criteria is to consider marks or credit score while shortlisted whereas some just consider CAT score. Hence your M.Sc. The score will be considered.

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Yes, your last year's grades will be considered.

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