The criteria for admitting a student in charter accountant course is given…

202320252024

The criteria for admitting a student in charter accountant course is given below. The student must:

1. Have passed 12th standard in commerce field with 60% marks

2. Have cleared CPT or CA foundation with 65% marks

3. Have graduated/post graduated in commerce field and have obtained minimum 55% marks

4. Pay Rs 30,000 as admission fee

5. Have scored 70% marks in the entrance test

6. Satisfies all above conditions except (1) but has successfully score 60% in graduation/post-graduation.

7. Satisfies all the above conditions except (4), but can pay Rs 20,000 at the time of admission, can be provisionally admitted.

Below are some cases. The decisions for all the cases are to be taken on the basis of above standards:

Rohan Sharma scored 70% marks in his 12th standard commerce examination. He have successfully cleared his CPT examination with 80% marks. He can pay Rs 14,000 as admission fee. Should he be admitted in the charter accountant course?

  1. A.

    He should be admitted

  2. B.

    He should not be admitted

  3. C.

    A student should be admitted provisionally

  4. D.

    Data insufficient

Attempted by 21 students.

Show answer & explanation

Correct answer: B

Correct answer: He should not be admitted

Explanation:

  • 12th commerce requirement: Met. He scored 70%, which is above the 60% requirement.

  • CPT/Foundation requirement: Met. He cleared CPT with 80%, above the 65% requirement.

  • Fee requirement: Not met. The admission fee required is Rs 30,000. Provisional admission is allowed only if the student can pay Rs 20,000 at the time of admission.

  • Candidate's payment: He can pay only Rs 14,000, which is below the provisional-admission threshold of Rs 20,000.

  • Conclusion: Because he fails the mandatory fee condition and does not meet the provisional-payment requirement, he is not eligible for admission.

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