The Institute of Chartered Accountants of India (ICAI) has started the registration process for ICAI CA Common Proficiency Test (CPT) December 2017 exam. The applicants can fill CA CPT exam registration form through the official website www.icaiexam.icai.org. The registration process is set to end on October 25, 2017. With late of INR 600, the registration process will end on November 1. The exam – CA CPT December 2017 is scheduled to held on December 17 at 191 centers in India and five centers at abroad – Abu Dhabi, Doha, Dubai, Kathmandu, and Muscat.
The aforesaid Common Proficiency Test (CPT) is open only to students registered with the Institute of Chartered Accountants of India for the Common Proficiency Course on or before June 30, 2017, and those who fulfill the requisite eligibility conditions. The applicants are required to submit exam fee online by using either VISA or MASTER Credit / Debit Card. Application fees payable for the Common Proficiency Test is INR 1000/- for centers in India, INR 1700/- for centers in Kathmandu (Nepal) and $ 300/- for centers in Abu Dhabi, Doha, Dubai & Muscat.
Common Proficiency Test is an objective type multiple choice questions based examination. Candidates will be allowed to opt for Hindi medium Question Paper Booklet for answering the questions. CA CPT exam will be held in two sessions: First Session (i.e. Morning Session) will be held from 10.30 AM to 12.30 PM (IST). The morning session will include two sections: Section – A (Fundamentals of Accounting) and Section – B (Mercantile Laws). Second Session (i.e. Afternoon Session) will be held from 2.00 PM to 4.00 PM (IST) and will include Section – C (General Economics) and Section – D (Quantitative Aptitude).
Exam pattern – CA CPT, or the Common Proficiency Test, is an objective type multiple choice questions based examination. Section A – Fundamentals of Accounting will feature 60 questions, Section B – Mercantile Laws will feature 40 questions, Section C – General Economics will feature 50 questions, and Section D – Quantitative Aptitude will feature 50 questions.
Qualifying Marks – A candidate for the Common Proficiency Test shall ordinarily be declared to have passed the test if he/ she obtains at one sitting a minimum of thirty percent marks in each section and a minimum of fifty percent marks in the aggregate of all the sections comprised in CPT (Examination), subject to the principle of negative marking, in such manner as may be determined by the Council from time to time.
Candidates securing a minimum of 60 percent marks up to 10th Rank will be issued Rank Certificate within 4 weeks of the declaration of the result provided a minimum of 2,500 candidates appear in the CPT held on a particular day.