Hi @v-meherc ,
Do you want user has permission to read the data in powerapps but does not have permission to read the data in sharepoint?
I do not think there's a very good solution to have two kinds of permission for one same user.
Because if you want that user could view this sharepoint list, you need to give that user the permission of this sharepoint list. This permission is same as the permission in sharepoint list.
To solve this problem, here's my advice:
Split this list to two lists: one has questions, the other has right answer.
Only give students the permission of the question list.
Give teachers/managers the permission of two lists.
What's more, in the right answer list, you could insert a lookup field related to the ID in question list.
Then two lists will have relationship.
Best regards,