Functions of RBI Video Lecture | Business Economics for CA Foundation

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FAQs on Functions of RBI Video Lecture - Business Economics for CA Foundation

1. What is the role of the Reserve Bank of India (RBI) in the CA Foundation exam?
Ans. The Reserve Bank of India (RBI) plays a crucial role in the CA Foundation exam by setting the syllabus and conducting the examination for aspiring chartered accountants. It ensures that the exam is conducted fairly and follows a standardized format to assess the candidates' knowledge and skills in various subjects related to finance and accounting.
2. How can I apply for the CA Foundation exam conducted by RBI?
Ans. To apply for the CA Foundation exam conducted by RBI, you need to visit the official website of the Institute of Chartered Accountants of India (ICAI) and register online. The registration process usually requires you to provide personal details, educational qualifications, and pay the examination fee. Once your registration is complete, you will receive further instructions regarding the examination schedule and other important details.
3. What subjects are covered in the CA Foundation exam conducted by RBI?
Ans. The CA Foundation exam conducted by RBI covers four main subjects: Principles and Practices of Accounting, Business Laws and Business Correspondence and Reporting, Business Mathematics and Logical Reasoning & Statistics, and Business Economics and Business and Commercial Knowledge. These subjects are designed to test your understanding and application of various concepts related to finance, accounting, laws, and business management.
4. How can I prepare for the CA Foundation exam conducted by RBI?
Ans. To prepare for the CA Foundation exam conducted by RBI, it is recommended to follow a structured study plan and utilize the study materials provided by the ICAI. Start by understanding the exam syllabus and create a timetable to cover all the subjects. Practice solving previous year's question papers and mock tests to improve your time management and problem-solving skills. Additionally, joining coaching classes or online courses can also be beneficial in gaining a deeper understanding of the subjects.
5. What are the passing criteria for the CA Foundation exam conducted by RBI?
Ans. The passing criteria for the CA Foundation exam conducted by RBI require candidates to obtain a minimum of 40% marks in each subject and an aggregate of 50% marks in all the subjects combined. This means that you must score at least 40 marks out of 100 in each subject and a total of 200 marks out of 400 in all the subjects. It is important to note that these passing criteria may be subject to change, so it is advisable to refer to the official notification or guidelines provided by the ICAI for the most accurate and updated information.
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