Everything You Need to Know About CA Foundation Question Paper
CA foundation question paper and its contents have constantly remained a topic of intensive discussion among students and coaches. It happens so because everyone understands that reviewing question paper patterns and subject-wise distribution will reveal mark-scoring secrets. This will greatly improve the ability of students to give their best performance.
This is the reason why we at IndigoLearn analyze previous year's question papers extensively to create the right material and mock question papers for the CA foundation. Such analysis, combined with visual intensive classes leaves a lasting impression, enabling our students to ace the CA foundation exams with fantastic marks.
If you want to take advantage of the benefits we offer, you can always reach out to us. You may also choose to check out some of our free materials in our app 1FIN.
Practicing on a sample question paper based on the above pattern and distribution will improve your problem solving skills as well as confidence. You can get free access to all previous years question papers as well as mock/sample question papers at IndigoLearn’s question papers section. You can also find the keys and answers so you can practice as many times as you can.
You should practice and solve at least 2-3 mock tests, as well as the sample papers, in pure exam conditions. The benefit of doing so is you will gain confidence first and foremost; and then your speed of solving will increase. You will also learn the ability to handle exam pressure and stay calm.
Once you attempt these mock tests, you will realize the subjects that you may have missed. This will push you to learn all the subjects, making you all the more prepared and ready for the exam.
Now let’s quickly look at the pattern of the question paper.
As mentioned earlier, understanding the pattern of CA foundation question papers will give you an advantage in scoring higher marks and a better rank.
As we know, paper 1 and paper 2 are subjective-based questions whereas paper 3 and paper 4 are objective (MCQ) based questions. Paper 3 and paper 4 will also have a negative marking of 1/4th mark for every wrong answer.
The exam duration for papers 1 & 2 is 3 hours and you will get 15 minutes of reading time before the start. It will be wise to read all the questions quickly before you start answering the questions. For papers 3 & 4, the exam duration is 2 hours each and you will not get any additional 15 minutes time to read through the paper.
Now let’s look at the marks distribution of the CA foundation question paper.
CA Foundation Mark Distribution | |||
Paper | Paper Name |
Marks Distribution | |
Paper 1 | Accounting |
100 | |
Paper 2 | Business Laws |
100 | |
Paper 3 | Quantitative Aptitude | Section A: Business Mathematics | 100 |
Section B: Logical Reasoning | |||
Section C: Statistics | |||
Paper 4 | Business Economics |
100 |
Here’s the section-wise weightage of each paper.
PAPER | WEIGHTAGE |
PAPER 1- ACCOUNTING (100 MARKS) | |
1. Theoretical Framework | 5% - 10% |
2. Accounting Process | 30%-35% |
3. Bank Reconciliation Statement | |
4. Inventories | |
5. Depreciation and Amortisation | |
6. Bills of exchange and Promissory notes | |
7. Preparation of Final accounts of Sole Proprietors | 20%-25% |
8. Financial Statements of Not-for-Profit Organization | |
9. Accounts from Incomplete Records | |
10. Partnership and LLP Accounts | 15%-20% |
11. Company Accounts | 15%-25% |
PAPER 2 - BUSINESS LAWS (100 MARKS) |
|
1. Indian Regulatory Framework | 0%-5% |
2. The Indian Contract Act, 1872 | 20%-30% |
3. The Sale of Goods Act, 1930 | 15%-20% |
4. The Indian Partnership Act, 1932 | 15%-20% |
5. The Limited Liability Partnership Act, 2008 | 5%-10% |
6. The Companies Act, 2013 | 10% - 15% |
PAPER 3: QUANTITATIVE APTITUDE (100 MARKS) |
|
Part A: Business Mathematics (40 Marks) |
|
1. Ratio and proportion, Indices and Logarithms | 20%-30% |
2. Equations | |
3. Linear Inequalities | |
4. Mathematics of Finance | 30%-40% |
5. Permutations and Combinations | 30%-50% |
6. Sequence and Series | |
7. Sets, Relations, and Functions. Basics of Limits and Continuity functions. | |
8. Basic applications of Differential and Integral calculus in Business and Economics (Excluding the trigonometric applications). | |
Part B: Logical Reasoning (20 Marks) |
|
9. Number series coding and Decoding and odd man out | 20%-30% |
10. Direction Tests | 20%-30% |
11. Seating Arrangements | 20%-30% |
12. Blood Relations | 20%-30% |
Part C: Statistics (40 Marks) |
|
13. Statistical Representation of Data & Sampling | 45%-50% |
14. Measures of Central tendency and Dispersion | |
15. Probability | 25%-30% |
16. Theoretical Distributions | |
17. Correlation and Regression | 10%-15% |
18. Index Numbers | 10%-15% |
PAPER – 4: BUSINESS ECONOMICS (100 MARKS) |
|
1. Introduction to Business Economics | 5% |
2. Theory of Demand and Supply | 10% |
3. Theory of Production and Cost | 10% |
4. Price Determination in Different Markets | 15% |
5. Determination of National Income | 15% |
6. Business Cycles | 5% |
7. Public Finance | 10% |
8. Money Market | 10% |
9. International Trade | 10% |
10. Indian Economy | 10% |
We will not be surprised if you are scared with all this vast material and the breakdown of question papers. But the fact is you don’t have to be scared as we’re here to help you.
Reach out to us at your earliest convenience and we will give you the right guidance. In the meanwhile, download our app 1FIN and get started on your CA journey.
Yes, if you plan and study consistently and get yourself good guidance, it will be easy. With our interactive and visual-based learning material, we can assure you that it will be easy. Checkout our free resources!
You will have both subjective and objective questions. Paper 1 (100 marks) and Paper 2 (100 marks) are subjective-based questions whereas paper 3 (100 marks) and paper 4 (100 marks) are objective (MCQ) based questions. Paper 3 and paper 4 will also have a negative marking of 1/4th mark for every wrong answer.
If you were good in math through your schooling then you shouldn't find it that difficult. However, even if you do, with right amount of practice and guidance, it shouldn't be that difficult, we can help you get good at it.
Candidates must score a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all the papers to pass the CA foundation exam.
Yes, it most certainly is.