Classes for December-2013 CPT Exams Commencing from 5th August 2013.
What is CPT?
Common Proficiency Test (CPT) is the entrance exam for Chartered Accountancy Course. The test is objective type, and is designed with the purpose of assessing the candidate in the following subject areas:
- –Fundamentals of Accounting,
- –Mercantile Laws,
- –General Economics and
- –Quantitative Aptitude
CPT is conducted twice every year- in June and December.
- –A student who has passed the Class 10 examination conducted by an examining body constituted by law in India(or an examination recognized by the Central Government as equivalent thereto) may register for Common Proficiency Test.
- –A registered student may appear in Common Proficiency Test after he has appeared in the Senior Secondary Examination* (10+2 examination) conducted by an examining body constituted by law inIndia(or an examination recognized by the Central Government as equivalent thereto) and has complied with such requirements as may be specified by the Council from time to time.
- –A student who has got himself registered for Common Proficiency Test 60 days prior to the first day of the month in which CPT examination is to be held i.e. on or before 1st April and 1st October, can appear in the CPT examination to be held in June and December respectively. Common Proficiency Test examinations are held in June & December every year
Exam Format and Performance
1. The CPT is divided into two sessions, each lasting two hours. There will be a short break between the two sessions.
The first session comprises:
- Section A – Fundamentals of Accounting carrying 60 marks and
- Section B – Mercantile laws carrying 40 marks.
The second session will also have two sections:
- Section C – General Economics carrying 50 marks and
- Section D – Quantitative Aptitude also carrying 50 marks.
2. The question paper pattern for CPT is the MCQs(multiple choice questions) type. Each question will have four choices and, carries one mark. The correct answer will give the student 1 mark and the wrong answer will mean losing 0.25 negative marks.
3. For every question, students should mark the correct option by darkening the circle alongside the option, unless and until instructed otherwise.
4. The original test paper along with the OMR sheet should be submitted before leaving the examination hall.
5. A minimum of 50% in the aggregate is mandatory to pass the CPT test. The qualifying percentage for each subject is 30%. It is compulsory for the candidate to attempt both the sessions of the CPT test.
For more information Click ->The Institute of Chartered Accountants of India
Contact us for information about classroom training for the CPT to be held in June 2013.