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Test Series: April, 2019 
FOUNDATION COURSE 
MOCK TEST PAPER 2 
PAPER – 4: PART I : BUSINESS ECONOMICS 
ANSWERS 
1 d 11 a 21 c 31 a 41 a 51 c 
2 c 12 a 22 b 32 a 42 a 52 a 
3 d 13 b 23 b 33 b 43 d 53 a 
4 c 14 d 24 c 34 d 44 c 54 c 
5 a 15 b 25 d 35 a 45 b 55 a 
6 d 16 c 26 a 36 b 46 c 56 c 
7 a 17 b 27 d 37 b 47 d 57 b 
8 d 18 b 28 a 38 a 48 b 58 d 
9 b 19 b 29 c 39 c 49 b 59 c 
10 d 20 d 30 b 40 b 50 a 60 b 
 
 
 
© The Institute of Chartered Accountants of India
Page 2


Test Series: April, 2019 
FOUNDATION COURSE 
MOCK TEST PAPER 2 
PAPER – 4: PART I : BUSINESS ECONOMICS 
ANSWERS 
1 d 11 a 21 c 31 a 41 a 51 c 
2 c 12 a 22 b 32 a 42 a 52 a 
3 d 13 b 23 b 33 b 43 d 53 a 
4 c 14 d 24 c 34 d 44 c 54 c 
5 a 15 b 25 d 35 a 45 b 55 a 
6 d 16 c 26 a 36 b 46 c 56 c 
7 a 17 b 27 d 37 b 47 d 57 b 
8 d 18 b 28 a 38 a 48 b 58 d 
9 b 19 b 29 c 39 c 49 b 59 c 
10 d 20 d 30 b 40 b 50 a 60 b 
 
 
 
© The Institute of Chartered Accountants of India
2 
PAPER – 4 PART II: BUSINESS AND COMMERCIAL KNOWLEDGE 
ANSWERS 
1 2 3 4 5 6 7 8 9 10 
(b) (b) (a) (c) (c) (b) (d) (c) (a) (d) 
11 12 13 14 15 16 17 18 19 20 
(a) (a) (a) (b) (b) (b) (c) (d) (d) (b) 
21 22 23 24 25 26 27 28 29 30 
(d) (a) (c) (d) (c) (b) (a) (c) (c) (d) 
31 32 33 34 35 36 37 38 39 40 
(d) (d) (d) (c) (a) (b) (c) (c) (c) (b) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
© The Institute of Chartered Accountants of India
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FAQs on Sample Paper Series- II, Solution - Mock Tests & Past Year Papers for CA Foundation

1. What is CA CPT?
Ans. CA CPT stands for Chartered Accountancy Common Proficiency Test. It is an entrance examination conducted by the Institute of Chartered Accountants of India (ICAI) for students who wish to pursue a career in chartered accountancy. This exam assesses the candidate's knowledge in four subjects: Accounting, Mercantile Laws, General Economics, and Quantitative Aptitude.
2. How can I register for CA CPT?
Ans. To register for CA CPT, you need to visit the official website of ICAI and fill out the registration form online. You will be required to provide personal and educational details and pay the registration fee. Once the registration is complete, you will receive a registration number and study material for the exam.
3. What is the eligibility criteria for CA CPT?
Ans. The eligibility criteria for CA CPT are as follows: - The candidate must have completed their 10th standard or equivalent from a recognized board. - There is no minimum percentage requirement for appearing in the exam. - There is no age limit for appearing in the exam.
4. What is the exam pattern of CA CPT?
Ans. The CA CPT exam consists of two sessions. The first session consists of two subjects: Accounting and Mercantile Laws. The second session consists of two subjects: General Economics and Quantitative Aptitude. Each session is for two hours and carries a maximum of 100 marks. The exam is conducted in offline mode (pen and paper-based) and consists of multiple-choice questions.
5. How can I prepare for CA CPT effectively?
Ans. Here are some tips for effective preparation for CA CPT: - Understand the exam pattern and syllabus thoroughly. - Create a study schedule and allocate sufficient time to each subject. - Practice solving previous years' question papers and mock tests. - Refer to standard textbooks and study materials recommended by ICAI. - Seek guidance from experienced professionals or join a coaching institute for additional support. - Stay updated with current affairs and economic developments as they are often asked in the exam.
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