The Institute of Chartered Accountants of India has announced the results for the ICAI CA May session exam 2024. In group 1, only 27.15% of the 1,17,764 candidates who appeared passed, while in group II, the pass percentage stood at 18.28%. The exams were earlier postponed due to the general election dates for the 18th Lok Sabha. Stay updated with the latest results updates on News18's website.
Amidst Postponements, ICAI CA May 2024 Results Released: A Detailed Analysis
The Institute of Chartered Accountants of India (ICAI) has announced the much-awaited results for the CA May 2024 examinations. The exams, initially scheduled for May, were postponed due to the general election dates for the 18th Lok Sabha.
Results at a Glance
In Group 1, out of 1,17,764 candidates who appeared, only 27.15% passed. This represents a significant decrease compared to the January 2024 session, where the pass percentage was 30.38%.
In Group II, the situation was even more challenging. Only 18.28% of the 99,366 candidates who appeared cleared the exam, marking a sharp drop from the 22.59% pass rate in the January 2024 session.
Background
The CA exams are conducted twice a year, in May and November. They are divided into two groups, with each group consisting of four papers. Candidates must pass both groups to become Chartered Accountants.
The exams are notoriously challenging, with only a small percentage of candidates clearing them each year. However, the pass rates have shown a declining trend in recent years.
Reasons for the Low Pass Rates
While the reasons for the low pass rates are complex, some key factors include:
FAQs
1. What is the pass percentage for the ICAI CA May 2024 exams?
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4. What is the trend in pass rates for the ICAI CA exams?
5. What are some tips for improving my chances of passing the CA exams?
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