The results of the final Chartered Accountancy (CA) examination, which were announced recently, showed that the success rate in the exam has dipped to 3.11 %.
The success percentage 3.11 is the lowest in the last five exams. The final CA exam, which is considered to be one of the toughest competitive exams in the country, is conducted twice a year, reports a leading daily.
In November 2013, 32,536 students took both the group I & group II exams across the country. The success rate of students who appeared in either group I or group II exams is also the lowest in recent years.
The success rate of students who took the exam in May 2013 in both the groups was 10.03%. In 2012, it was 12.97% for November exam and 16.38% for May examination.
According to the Institute of Chartered Accountants of India (ICAI), which is responsible for conducting the examination, says the lower success rate cannot be attributed to the curriculum or the pattern of the exams. This is because there hasn’t been any change in the curriculum or the pattern in the last five years.
The questions in the exams were also taken from the syllabus and study materials provided to the students. ICAI officials insist the onus of the poor performance was on the students.
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