CA Passing Criteria Under the New Scheme: What You Need to Know
The passing criteria for the Chartered Accountancy (CA) examinations under the new scheme involve meeting certain conditions for each paper. Here’s a comprehensive overview:
1. Minimum Marks in Each Paper:
- Candidates must obtain a minimum of 40% marks in each paper to pass that particular paper.
2. Aggregate Marks:
- An aggregate of 50% marks is required across all papers in a single attempt to qualify.
3. Objective and Descriptive Papers:
- For objective type papers, negative marking is applicable. Each incorrect answer results in a deduction of 0.25 marks.
- Descriptive type papers do not have negative marking.
4. Cut-Off Date for Exam Attempt:
- The cut-off date for counting attempts is the date of declaration of results.
5. Exemption for One Paper:
- Exemption in a paper is granted if a candidate scores a minimum of 60% marks in that paper.
- This exemption is valid for the next three consecutive exams.
6. Criteria for Award of Rank:
- Candidates who secure a minimum of 70% marks in aggregate in all papers are eligible for the rank.
7. Period of Validity for Exemptions:
- Exemptions for individual papers are valid for the next three consecutive examinations.
8. Verification of Marks:
- Candidates have the option to apply for verification of marks within one month from the date of declaration of results.
9. Grace Marks:
- Grace marks may be awarded in deserving cases as per the policy of the Institute.
It’s essential for candidates to familiarize themselves with these criteria and regulations to plan their preparation and exam strategy effectively. Keep in mind that these guidelines are subject to change, and candidates should refer to the official notifications and guidelines provided by the Institute of Chartered Accountants of India (ICAI).
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