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The Institute has decided to introduce OMR based ICSI Exam. In this exam each paper shall be of three hours duration having 100 Multiple Choice Questions (MCQs) of one mark each.

However, in the remaining four subjects of the Executive Programme (Old Syllabus) and five subjects of Executive Programme (New Syllabus), candidates would continue to be examined through descriptive examination.

ICSI has changed its examination pattern for CS Executive New Syllabus students from December 2019 ICSI exams. This new examination system is only applicable for CS Executive Programme New Syllabus. The new changes in examination system as under below.

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OMR BASED ICSI EXAM for 3 SUBJECTS OF THE CS EXECUTIVE PROGRAMME (NEW SYLLABUS)

  • The Institute has been conducting OMR based ICSI Exam in the following three subjects of the CS Executive Programme (Old Syllabus) wherein students are required to attain working knowledge, with effect from December, 2014 Examinations:
  1. Cost and Management Accounting (Module-I)
  2. Tax Laws and Practice (Module-I)
  3. Industrial, Labour and General Laws (Module-II)

However, the Council of the Institute has decided to conduct OMR based examination for the following three subjects of the CS Executive Programme (New Syllabus – 2017) with effect from December, 2019 session of examination:

  1. Tax Laws
  2. Corporate and Management Accounting
  3. Financial and Strategic Management
OMR Based ICSI Exam - CS Executive

OMR Based ICSI Exam – Other 4 Subjects would be in Descriptive – CS Executive – Old Syllabus

  • In the above three subjects, candidates’ knowledge, competency and proficiency would be examined through objective type Multiple Choice Questions (MCQs) under OMR system. However, in the remaining four subjects of the Executive Programme (Old Syllabus) namely (i) Company Law, (ii) Economic and Commercial Laws, (iii) Company Accounts and Auditing Practices, and (iv) Capital Markets and Securities Laws, candidates would continue to be examined through descriptive examination.

OMR Based ICSI Exam – Other 5 Subjects would be in Descriptive – CS Executive – New Syllabus

In the following remaining five subjects of Executive Programme (New
Syllabus – 2017), candidates would continue to be examined through descriptive mode of examination – (i) Jurisprudence, Interpretation and
General Laws (ii) Company Law (iii) Setting up of Business Entities and
Closure (iv) Securities Laws and Capital Markets (v) Economic, Business and Commercial Laws

CS Executive Exam in Multiple Choice Questions (MCQs)

  • In OMR based examination, each paper shall be of three hours duration having 100 Multiple Choice Questions (MCQs) of one mark each. The questions shall be of average, above average and difficult level covering entire syllabus. In case any paper is divided into different Parts, i.e., Part – A, Part – B, etc., requisite number of questions shall be asked from the respective Part corresponding to the weightage of marks as prescribed in the syllabus.

Negative Marking for Wrong Answers in 1:4 proportion – 0.25 marks lost for each wrong answer

  • Negative marks shall be applied for wrong answers attempted by the candidates in the ratio of 1: 4, i.e. deduction of one (1) mark for every four (4) wrong answers or proportion thereof, i.e., 0.25 mark for each wrong answer and total marks obtained by the candidates in such papers would be rounded up to next whole number. Further, the negative marks per paper would be limited to the extent of marks secured for correct answers so that no candidate shall secure less than zero mark in the above subjects.
  • Question paper booklets for the OMR based examination in respect of the following subjects/papers shall be provided in English language only:
    • Old Syllabus (2012) – (i) Cost and Management Accounting and (ii) Tax Laws and Practice
    • New Syllabus (2017) – (i) Tax Laws (ii) Corporate and Management Accounting (iii) Financial and Strategic Management
  • However, candidates of Module II of Executive Programme (Old Syllabus – 2012) who opt for writing the examination in Hindi medium shall be provided question paper booklet of Industrial, Labour and General Laws (Module-II) paper in English along with its Hindi version. However, OMR Answer sheets for all the subjects would be provided in English language only

Few Important Links for CS students

CS SyllabusCS Question PaperCS Result
CS RegistrationCS Previous Year PaperCS Admit Card
CS Exam DatesCS Solved Paper/ Suggested AnswerCS Application Dates

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Also Read :

CS Executive Important Topics

CS Executive Course Details – Fees, Eligibility, Subjects & Other Details

FAQs regarding MCQ based exams in ICSI

Which subjects in CS Executive old syllabus have MCQ based exams?
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The following three subjects of CS Executive Old Syllabus have MCQ based exams:
1) Cost and Management Accounting (Module-I)
2) Tax Laws and Practice (Module-I)
3) Industrial, Labour and General Laws (Module-II)

Which subjects in CS Executive new syllabus have MCQ based exams?

The following three subjects of CS Executive Old Syllabus have MCQ based exams:
1) Tax Laws
2) Corporate and Management Accounting
3) Financial and Strategic Management

Which subjects in CS Executive old syllabus have descriptive question and answer based exams?

In the following four subjects of the Executive Programme (Old Syllabus), candidates will be tested with descriptive question papers:
1) Company Law
2) Economic and Commercial Laws
3) Company Accounts and Auditing Practices
4) Capital Markets and Securities Laws

Which subjects in CS Executive new syllabus have descriptive question and answer based exams?

In the following four subjects of the Executive Programme (New Syllabus), candidates will be tested with descriptive question papers:
1) Jurisprudence, Interpretation and General Laws
2) Company Law
3) Setting up of Business Entities and Closure
4) Securities Laws and Capital Markets
5) Economic, Business and Commercial Laws

Is there any negative marking in ICSI MCQ papers?

Yes, there’ll be a negative marking in the proportion of 1:4. This means that for every wrong answer, you’ll be penalised -0.25 marks. For every 4 wrong answers, you’ll lose one mark. The extent of negative marking will be limited to the total marks obtained by a student so that no student can get overall negative marks and the lowest score that a student can get is 0.