Common Proficiency Test (CPT) is an entry level test for Chartered Accountancy course. The CPT exam is divided into 4 sections and the total marks for the exam is 200. The paper consists of objective type questions and is spread across four subjects namely, Fundamentals of Accounting, Mercantile Laws, General Economics and Quantitative Aptitude with an objective to test the basic knowledge of the candidate in these subjects.
CPT is divided into two sessions of two hours each. In the first session there are two sections: Section A – Fundamentals of Accounting carrying 60 marks and Section B – Mercantile laws carrying 40 marks. In the second session there are two sections: Section C – General Economics carrying 50 marks and Section D – Quantitative Aptitude also carrying 50 marks.
Multiple Choice Questions (MCQs)
The CA CPT Exam paper has 200 marks objective type multiple choice questions divided into 2 sessions and each session is of 2 hour duration. Both the sessions are divided into 2 different modes namely paper pencil based mode and the online registration mode.
A minimum of 50 percent marks in aggregate is required for a candidate in order to be declared as pass in CPT exam. It is clarified that there is no requirement of securing minimum marks in any subject/section in CPT, but appearance in both sessions of CPT is mandatory.
For each correct answer, the students will be awarded one mark and for each wrong answer students lose .25 marks.
Paper pencil based mode- Paper pencil based test is conducted in morning session and evening session and each session has 2 parts.
Online registration mode- For online registration candidates has to fill an online examination form and then they have to appear for exam held at various centers across India.
Session 1 (2 sections-2 hours- 100 marks):
- Section A- Fundamentals of Accounting (60 marks)
- Section B- Mercantile Law (40 marks)
Session 2 (2 sections-2 hours- 100 marks):
- Section C- General Economics (50 marks)
- Section D- Quantitative Aptitude (50 marks)