MCQ (MULTIPLE CHOICE QUESTIONS) MODE OF EXAMINATION FOR FOUNDATION COURSE FROM JUNE 2013 EXAMINATION
A. The entire examination will be conducted in one day only. In the morning session (10 am to 12 pm) , the examination will be held for Paper 1 (Organization & Management Fundamentals) & Paper 2 ( Accounting ) and in the afternoon session (1 pm to 3 pm) examination will be conducted for Paper 3 (Economics and Business Fundamentals)
& Paper 4 (Business Mathematics & Statistics Fundamentals). There will be a recess of one hour between the two examinations. The actual date of Examination will be communicated through separate Examination Notification.
B. Question Paper will be of 100 marks for P-1 (Organization & Management Fundamentals) & P-2 ( Accounting ) i.e. 50 marks for P-1
& 50 marks for P-2. There will be 50 questions of 1 mark each for P-1 &
50 questions of 1 mark each for P-2. Time duration will be 120 minutes for 100 marks.
The same pattern will be followed for P-3 (Economics and Business Fundamentals) & P-4 (Business Mathematics & Statistics Fundamentals).
C. All questions will be compulsory
D. Standard of pass for each paper will be 40% for each paper and 50% in aggregate.
Director – Examinationhttp://icmai.in/upload/Examination/Notification/Imp-Announcement-foundation.pdf