ICAI CA Intermediate Exam Practice Test

140 questions available

Build your confidence for ICAI CA Intermediate Exam. Practice the concepts, understand the answers, and strengthen your knowledge one question at a time.

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Certification exam
140 Exam questions
12 hours Time Limit
Your practice
140 Practice questions
2 hours 20 minutes Practice Time
Try 5 free questions
No account needed. A free account includes 20 questions for this exam.
The bar to clear 50 Published passing score for this certification.
Official objectives from ICAI
ICAI140 practice questions
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Exam overview and details

The ICAI CA Intermediate Exam is the second and most critical level of the Chartered Accountancy qualification in India, administered by the Institute of Chartered Accountants of India (ICAI). Successfully clearing this examination signifies a deep and structured understanding of core accounting, auditing, taxation, and business laws. It serves as the gateway to the final level of the CA course and is a mandatory step toward earning the prestigious 'CA' designation. The certification validates a candidate's technical proficiency and analytical abilities, preparing them for the practical training articleship and complex professional challenges. Holding this qualification is a testament to rigorous academic discipline and a strong foundation in financial expertise, highly regarded by employers across public practice, industry, and the corporate sector.

Sample Questions

Choose an answer and explore the explanation to see how practice works.

Financial Management (Paper 6 Part A)

A Rs. 1,000 bond pays 8% annual coupon and market yield is 10%. What should be true about its price?

Corporate and Other Laws (Paper 2)

The first AGM is proposed 18 months after incorporation. Management says calendar-year alignment justifies delay. What should be checked?

Taxation - Income Tax + GST (Paper 4)

Goods are exported under LUT without payment of tax. The accountant treats it as exempt supply and reverses all ITC. Which treatment is more accurate?

Taxation - Income Tax + GST (Paper 4)

A salaried taxpayer earns exempt income and incurs interest expenditure not directly traceable to any income. The assessee says no disallowance arises because exempt income is small. Which provision is relevant?

Taxation - Income Tax + GST (Paper 4)

An individual leaves India for employment on 20 August 2024 after staying 170 days in India during the previous year and 400 days in preceding four years. Which residential-status issue should be tested first?

Career Opportunities & Salary

Median salary: $83,680– Accountants and Auditors

Source: BLS Occupational Employment and Wage Statistics, May 2025 -- Accountants and Auditors (SOC 13-2011), US national. Occupation median, not a certification salary. (2025)

Accountants and Auditors

Exam insights and study advice

Passing the CA Intermediate Exam is a non-negotiable milestone for anyone committed to a top-tier career in finance, accounting, and business advisory in India. It provides unparalleled industry recognition, establishing immediate credibility with employers, clients, and regulatory bodies. This certification is the primary differentiator for securing roles in Big Four accounting firms, multinational corporations, and financial institutions, often fast-tracking career progression to managerial and specialist positions. It is the definitive benchmark of technical competence and professional integrity in the Indian financial landscape, directly impacting earning potential and long-term career trajectory.

What this exam covers

Use the published domain weights to plan your study. Practice results do not predict your certification exam score.

01Paper 5: Auditing and Ethics (Standards on Auditing, Professional Ethics, Internal Audit)

25%

02Paper 6: Financial Management (Capital Structure, Working Capital, Leverage, Valuation)

25%

03Paper 7A/7B: Information Technology / Enterprise Information Systems (Elective)

25%

04Paper 8: Strategic Management (Business Strategy, Corporate Governance)

25%

Exam Details CA Inter Gr. II | 12 hours

Exam Code CA Inter Gr. II
Vendor ICAI
Passing Score 50
Time Limit 12 hours
Exam questions 140
Question Types Multiple choice (100%), Scenario-based (75%)
Retake Policy Exams held in May and November; no limit on number of attempts

Frequently Asked Questions

What is the eligibility criteria to appear for the CA Intermediate Exam?

How is the exam structured and what is the passing criteria?

What is the significance of the Articleship training in relation to the Intermediate exam?

How does the CA Intermediate syllabus compare to other professional accounting qualifications?

What are the key career paths after clearing the CA Intermediate?