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ICAI Announces Big Changes In Chartered Accountancy Exams; 30 Per Cent MCQs In CA Intermediate, Final

BySwarajya Staff

The Institute of Chartered Accountants of India (ICAI) has announced important changes to the Chartered Accountancy exams scheduled to be conducted from May onward.

As per a notice issued on its official website [PDF], various papers would have 30 per cent multiple choice questions both for intermediate and CA final exams.

Here is a list of the subjects for which the change has been introduced.

List of subjects with 30 per cent MCQ marks (ICAI notice)

As per the notice, the aforementioned subjects would have two parts, MCQ and subjective. MCQ will be of 30 marks and theory will be of 70 marks.

The MCQ questions would have four choices and there would be no internal or external options provided and candidates would have to answer all questions.

Part-I of the paper that is the MCQs would need to be filled in an OMR sheet. The descriptive paper would have to be written in an answer booklet as has been the practice in the past.

Late entry in the examination would be allowed till 2.15 PM that is 30 minutes after paper distribution. No candidate will be allowed to leave the exam centre before 5.00 PM.