NMAT

Yes. Qualifying NMAT score is minimum 50.

Some colleges which you can apply to with a score of 185 on the NMAT are as follows:
Athena School of Management, Mumbai
ICFAI Business School (IBS), Hyderabad
MISB, Mumbai
MYRA, Mysore
Woxsen, Hyderabad
Note: Only IBS Hyderabad Is worth applying to. Avoid all other IBS Campuses.
Good luck!

There are chances of you getting in. It depends on your performance in the GD and PI.
Good luck!

The eligibility criteria is based on percentile and not the percentage.

You can get good colleges according to your score. Jaipuria Institute of Management, Lucknow is one very good option.

Hello! Unfortunately, there is not even a decent B-School anywhere in India where one can get admission with just 169 in NMAT. And the ones you might get won't simply be worth enough to pursue MBA, turning out to be a total waste of both your precious time I.e. 2 years as well as money (in Lacs). I suggest you to either reappear for NMAT (or other exams as per your wish) next year or focus on the other upcoming exams like MBA CET and MAT.
Wish you all the best!

Hello! Unfortunately, there is not even a decent B-School anywhere in India where one can get admission with that score in the NMAT. And the ones you might get won't simply be worth enough to pursue MBA, turning out to be a total waste of both your precious time I.e. 2 years as well as money (in Lacs). I suggest you to either reappear for NMAT (or other exams as per your wish) next year or focus on the other upcoming exams like MBA CET and MAT. Good luck!