CA Intermediate MCQs with Detailed Solution May 2024 | Step by Step Solution
Download Subject wise CA Inter Practice MCQs with Solution
Chartered Accountancy is a noble profession and to become one requires a lot of hard work, patience, and most importantly, firm determination. It may also happen that students prepared so well for the exams, but they fail to score well due to a lack of adequate information on the question paper format. Since there have been many changes in the entire exam pattern, question paper format, and the syllabus in the last couple of years, it is imperial for the students to be well aware of the changes and the new structures. In this article, I will share some techniques to help you score well in the exam.
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Introduction of Multiple Choice Questions (MCQs) - How Scoring are MCQs?
The Institute of Chartered Accountants of India (ICAI) has released the exam question paper pattern for the CA exams in 2024. According to the new format, the CA-Intermediate exam will have four papers with 30 marks MCQs out of 100 marks. The following papers will have MCQs weighing 30% marks of the total marks in a question paper.
Division of Marks
Corporate Law (100 Marks)
30% Objective (MCQs)
Taxation (100 Marks)
30% Objective (MCQs)
Auditing and code of ethics (100 Marks)
30% Objective (MCQs)
Financial management and Strategic Management (100 Marks)
15% Objective (MCQs) (FM)
15% Objective (SM)
Attempting MCQs might not be more accessible than the subjective questions; as for MCQs, you need to be sure of the correct answer out of the four options. However, if you prepare well and make a few efforts to study 100% of the course to score well in the MCQs, you can be sure of receiving 30 marks out of 100 marks. This helps you boost your confidence and encourages you to clear CA-inter exams more comfortably.
Inclusion of the Case Study-Based MCQs
Generally, a case study is a hypothetical scenario provided to you based on which you need to answer specific questions. No matter what the case study is about, they are provided to test your conceptual clarity. To complete such questions, you should thoroughly read the situation and base your answers on the studied concepts. You may sometimes find that multiple options could be the correct answer, but remember, there is only one right answer. Hence, try to revisit the situation of the case study and then think about the best suitable action in the problem asked in the question.
How Many MCQs Students Should Practice Before Exams
There is no thumb rule about how many questions you should practice before the exams. However, since practice is the key to success, it is always preferable to practice sufficient MCQs to get a hands on to the format and the pattern of such questions. How so many questions you may practice, there will be a new question in the exam. Nevertheless, since you would have practiced well before the exam, it will help you deal with the question in the most convenient way.
How to score good marks in MCQs
- It is always advisable for all the CA-aspirants to go through the question paper format in advance and practice writing answers in the same form.
- When you read the MCQ question, think of the possible answer before jumping directly to reading the four options.
- Have a True and False analysis of all the multiple choices to ensure your correct answer.
- Remember, there is no negative marking system, and hence, make sure to attempt all the questions.
Techniques to Crack MCQs
Also, Check more Strategy
Conceptual Clarity: Once your concepts are clear, you will be able to crack any MCQ that may look confusing to others.
Writing Mock Test Papers: Mock test papers will give you an idea that within how much time you can complete the MCQ section of the paper, which will help you manage your time to write the subjective questions.
Keep Solving MCQs: The more you solve MCQs, the better you will get at cracking MCQs quickly that will help you save time for the difficult questions.
Study Entire Syllabus: If you cover the course syllabus and revise enough, you will be doing wonders in the objective section of the papers because you never know which question is asked from which corner of the textbook.
Strategic Approach: When solving case study-based MCQs, you should have your strategy or a thought process that helps you conclude quickly.
Deliberated planning and practicing will not give you a 100% score in MCQs, but that will make the process of solving the MCQs much easier, and it will boost your confidence for the correct answer instead of leaving you confused.
Download CA Inter notes for free may 2024
Cost and Management Accounting
Auditing and code of Ethics
financial management and Strategic Management