ICAI CA Intermediate Exam Practice Test
Build your confidence for ICAI CA Intermediate Exam. Practice the concepts, understand the answers, and strengthen your knowledge one question at a time.
Try a sample questionExam 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
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A Rs. 1,000 bond pays 8% annual coupon and market yield is 10%. What should be true about its price?
The first AGM is proposed 18 months after incorporation. Management says calendar-year alignment justifies delay. What should be checked?
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?
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?
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
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.