Can I import questions from Excel?

Yes you can you can write the formula and then copy and paste into NotePad++. You can not save it as a txt from Excel as it will add quates which will stop the import. I am using Quick Base to generate my gift file.

Probably not (this is an older thread but likely relevant:

Importing Quiz Questions from Word or Excel?

However, you could do it this way:

Import questions from GIFT format files