Free CA Inter MCQs, with ICAI’s answer keys
537 MCQs across 6 papers: MCQs from ICAI's own CA Inter exams, Sep 2024 to May 2026. Every one has ICAI’s answer key and a link to the ICAI page. Practise by paper or chapter, run a timed sprint, or take the daily challenge.
Start practising CA Final MCQs
Counted from the question bank on 2 November 2026. Questions where ICAI printed no correct option are left out.
MCQs by paper
| Paper | MCQs | Chapters | |
|---|---|---|---|
| Advanced Accounting G1 | 88 | 11 | Practise |
| Corporate and Other Laws G1 | 89 | 14 | Practise |
| Taxation G1 | 88 | 22 | Practise |
| Cost and Management Accounting G2 | 86 | 13 | Practise |
| Auditing and Ethics G2 | 90 | 11 | Practise |
| Financial Management and Strategic Management G2 | 96 | 12 | Practise |
CA Inter Advanced Accounting MCQs
Group 1. 88 MCQs, 18 case scenarios, across 11 chapters. The chapters with the most:
- Presentation & Disclosures Based Accounting Standards (AS 1,3,17,18,20,24,25) (23 MCQs)
- Assets Based Accounting Standards (AS 2,10,13,16,19,26,28) (20 MCQs)
- Accounting Standards Based on Items Impacting Financial Statement (AS 4,5,11,22) (9 MCQs)
- Buyback of Securities (9 MCQs)
- Revenue Based Accounting Standards (AS 7,9) (7 MCQs)
One of ICAI’s questions · ICAI CA Inter Exam May 2026 Q15
Amalgamation adjustment reserve is opened in the books of the amalgamated company to incorporate
- (A) Non-current assets of the amalgamating company
- (B) Non-Statutory reserves of the amalgamating company
- (C) Statutory reserves of the amalgamating company
- (D) General reserves of the amalgamating company
Practise Advanced Accounting MCQs · Advanced Accounting: chapter weightage
CA Inter Corporate and Other Laws MCQs
Group 1. 89 MCQs, 28 case scenarios, across 14 chapters. The chapters with the most:
- [Other Laws] The Foreign Exchange Management Act, 1999 (18 MCQs)
- [Other Laws] The General Clauses Act, 1897 (12 MCQs)
- [Companies Act] The Limited Liability Partnership Act, 2008 (11 MCQs)
- [Companies Act] Companies Incorporated Outside India (8 MCQs)
- [Companies Act] Accounts of Companies (7 MCQs)
One of ICAI’s questions · ICAI CA Inter Exam May 2025 Q12
The term "Year" as per the General Clauses Act, 1897 means:
- (A) Financial year
- (B) A year according to the British calendar which starts from January to December
- (C) 365 days
- (D) Any period of 12 months
Show ICAI’s answer
(B) A year according to the British calendar which starts from January to December
Practise Corporate and Other Laws MCQs · Corporate and Other Laws: chapter weightage
CA Inter Taxation MCQs
Group 1. 88 MCQs, 21 case scenarios, across 22 chapters. The chapters with the most:
- Heads of Income (Salaries, House Property, PGBP, Capital Gains, Other Sources) (15 MCQs)
- Input Tax Credit (7 MCQs)
- Income of Other Persons included in Assessee's Total Income (7 MCQs)
- Income Tax Liability - Computation and Optimisation (6 MCQs)
- Advance Tax, Tax Deduction at Source and Tax Collection at Source (6 MCQs)
One of ICAI’s questions · ICAI CA Inter Exam May 2026 Q8
M/s YKR LLC, a foreign portfolio investor, non-resident in India, trading in listed shares and securities throughout the world, bought and sold equity shares of Indian company listed on a recognised stock exchange in India amounting to ₹15 crores. Under which head of income such profit shall be taxed in India?
- (A) Profits and gains from business or profession
- (B) Income from Other Sources
- (C) Capital Gains
- (D) Not taxable in India in the hands of a non-resident
CA Inter Cost and Management Accounting MCQs
Group 2. 86 MCQs, 12 case scenarios, across 13 chapters. The chapters with the most:
- Material Cost (16 MCQs)
- Process & Operation Costing (13 MCQs)
- Marginal Costing (13 MCQs)
- Budgets and Budgetary Control (12 MCQs)
- Overheads - Absorption Costing Method (6 MCQs)
One of ICAI’s questions · ICAI CA Inter Exam May 2025 Q14
A company forecasts its labour costs and material cost to go up by 12% and 8% respectively per unit in the next financial year. If the ratio between material and labour is 5: 3, determine the increase in selling price as a percentage that the company shall keep to maintain its P/V of 12%, assuming variable overheads as nil.
- (A) 7.45%
- (B) 8.01%
- (C) 9.95%
- (D) 9.46%
Practise Cost and Management Accounting MCQs · Cost and Management Accounting: chapter weightage
CA Inter Auditing and Ethics MCQs
Group 2. 90 MCQs, 17 case scenarios, across 11 chapters. The chapters with the most:
- Audit of Items of Financial Statements (15 MCQs)
- Audit Evidence (14 MCQs)
- Risk Assessment and Internal Control (11 MCQs)
- Completion and Review (10 MCQs)
- Audit of Banks (10 MCQs)
Practise Auditing and Ethics MCQs · Auditing and Ethics: chapter weightage
CA Inter Financial Management and Strategic Management MCQs
Group 2. 96 MCQs, 13 case scenarios, across 12 chapters. The chapters with the most:
- Management of Working Capital (13 MCQs)
- Strategic Choices (12 MCQs)
- Introduction to Strategic Management (11 MCQs)
- Strategic Analysis: External Environment (11 MCQs)
- Financing Decisions - Capital Structure (10 MCQs)
One of ICAI’s questions · ICAI CA Inter Exam May 2026 Q14
Altex Ltd. is a company that produces and sells home appliances. However, at present the company is facing stiff competition from the new entrants who are offering similar products at a lower price. To stay competitive the top management of the company decided to adopt the best cost provider strategy. Which of the following actions should the company take to align with their best cost provider strategy?
- (A) Reducing the price of their products without making changes in manufacturing process and product features.
- (B) Streamlining manufacturing processes to reduce cost, sourcing materials from cost-effective suppliers and adding innovative features to their products.
- (C) Streamlining manufacturing processes to reduce cost with no innovation in product feature.
- (D) Focusing solely on premium features thereby increasing the cost of the products to reflect the added value.
Show ICAI’s answer
(B) Streamlining manufacturing processes to reduce cost, sourcing materials from cost-effective suppliers and adding innovative features to their products.
Practise Financial Management and Strategic Management MCQs · Financial Management and Strategic Management: chapter weightage
Questions students ask
Are these ICAI’s own questions and answers?
Yes. Every question is ICAI’s, from its past exams, with ICAI’s answer key. Each one names its source and links to the ICAI page. Where ICAI printed no correct option, the question is left out.
Is it free? Do I need to sign up?
It is free. Before your first question you give a name and an email or mobile number, so your progress and leaderboard rank are kept on your phone. There is no password.
Can I practise one chapter?
Yes. Practice takes any paper or chapter, 5, 10 or 15 at a time: questions you have not seen come first, then the ones you got wrong. The Exam Sprint times a whole MCQ section; the Daily Challenge is one case a day for your group, the same for everyone.