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Common Proficiency Test preparation Question !

Posted last June 25, 2011, 4:50 am in Services report article

For all you Chartered Accountant aspirants out there, we have some news that will make you rejoice. Meritnation.com launches an online test pack for students preparing for Common Proficiency Test (CPT). Common Proficiency Test is an entry level exam that is conducted by the Institute of Chartered Accountants of India (ICAI) for admitting students to the CA course.

 

About Common Proficiency Test (CPT)

·         Entry level or Level I exams for CA course

·         Eligibility for registering for CPT course- successfully passed class X exams

·         Students who have successfully passed or have appeared for class XII exams are eligible to appear for CPT

·         Four-hour long objective-type test

·         200 marks test comprising questions from 4 subjects- Fundamentals of Accounting, Mercantile Laws, General Economics and Quantitative Aptitude

·         Negative marking for incorrect answers

·         Qualifying marks- 50%

CPT is held twice in a year i.e. in June & in December