The morning session will consist of Section A (Fundamentals of Accounting) and Section B (Mercantile Laws) and the afternoon session will have Section C (General Economics) and Section D (Quantitative Aptitude). Common Proficiency Test is an objective type examination and consists of 200 multiple choice questions. CPT covers four basic subjects divided into two sections viz.
- Accounting (60 Marks) + Mercantile Laws (40 Marks)
- Economics (50 Marks) + Quantitative Aptitude (50 Marks).
Application procedure for ICAI
Candidates will be required to fill the application procedure. It can be obtained from the “Additional Secretary (Examinations), The Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg, New Delhi – 110002.
Source: The Hans India