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CA Foundation is the new entrance level for the Chartered Accountancy Course in India. Earlier it was known as Common Proficiency Test (CPT). ELIGIBILTY:- The candidate can register for the CA Foundation after appearing in 12th board/ Sr.Inter examinations and take the exam after qualifying the 12th examinations. SUBJECTS IN CA – FOUNDATION: CA Foundation is partially descriptive and partially objective test consisting of 400 marks. The four subjects are: 1. Principles and Practices of Accounting 2. Business Laws and Business Correspondence and Reporting 3. Business Mathematics and Logical Reasoning Statistics 4. Business Economics & Business and Commercial Knowledge. The above two papers are descriptive while the later two are objective with negative marking. QUALIFYING MARKS: · A Candidate will be declared to have passed the Foundation Examination if he secures a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate of all the papers, in one s