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ICAI Commerce Wizard Talent Search Test 2019 Sample Question Papers : Institute of Chartered Accountants of India

Organisation : Institute of Chartered Accountants of India (ICAI)
Exam : ICAI Commerce Wizard A Talent Search Test 2019
Document Type : Download Sample Question Papers
Location : India
Class : X, XI, XII,
Year : 2019
Level-I (Online test) : 5th January, 2020 (Sunday)
Level-II Test (Online Mode in the designated test centre) : 19th January, 2020 (Sunday)
Website :

ICAI Commerce Wizard Talent Search Test Sample Papers

Download Question Paper of ICAI Commerce Wizard A Talent Search Test 2019 Sample Question Paper is now available in the official website of Institute of Chartered Accountants of India (ICAI).

Related : Institute of Chartered Accountants of India CA CPT Common Proficiency Test Model Paper :

Note :
For LEVEL 1 Test :
Candidates can take Test in laptop/desktop from his/her home or any other convenient place as per specified conditions of test management authorities.
Candidates will arrange their desktops/ own laptops etc. and data card/internet connectivity to take the online test.

System Requirements :
OS : Windows 7, Windows 8, Windows 8.1, Windows 10 or later
Processor: An Intel Pentium 4 processor or later that’s SSE2 capable
Browser: Google Chrome
Minimum Internet Speed: 2 Mbps

Download Question Paper :
Class X :
Class XI :
Class XII :

Sample Question Papers

Class X

Q.1) It is for made for whom?
a) For Police
b) For Doctor
c) For Engineer
d) For Soldiers
ANSWER: For Soldiers

Q.2) In which war time it was originated?
a) First Indo-Japanese war 1894-95
b) First Sino-Japanese war 1894-95
c) First Sia-Chen war 1994-95
d) None of these
ANSWER: First Sino-Japanese war 1894-95

Q.3) This belt was believed to make for what?
a) For winning the war
b) A symbol of success
c) For goodluck, courage ,immunity &protection from bullet injury
d) None of these
ANSWER: For goodluck, courage ,immunity &protection from bullet injury

Q.4) Which among the following is not opened for private sector participation
a) Power sector
b) Telecommunication sector
c) Education sector
d) Railways
ANSWER: Railways

Q.5) Which one of the following pairs is not correctly matched?
a) Volkswagen – Germany
b) Nissan – Japan
c) Hyundai – North Korea
d) Chevrolet- America
ANSWER: Hyundai – North Korea

Q.6) Which one is ODD ?
a) Pear
b) Apple
c) Litchi
d) Guava
e) Orange
Solution: C

Q.7) Which one is ODD ?
a) 25
b) 64
c) 189
d) 225
e) 121
Solution: D

Q.8) If b2- 4ac >0 but not a perfect square, then the roots are real ______ and ______
a) Real, Equal
b) Irrational, Unequal
c) Imaginary, Unequal
d) Imaginary, Equal
Solution: (b)

a) 6log2
b) log2
c) 1
d) -1
Solution: (d)

Q.10) Find the value of
a) x < 2/7
b) x > 2/7
c) x < 3/7
d) x > 4/7
Solution: (a)

Class XI

Q.1) It was Sunday on Jan 1, 2006. What was the day of the week Jan 1, 2010?
a) Sunday
b) Saturday
c) Friday
d) Wednesday
Solution: C

Q.2) Today is Monday. After 61 days, it will be:
a) Wednesday
c) Tuesday
d) Thursday
Solution: B

Q.3) Which of the following is not a leap year?
a) 700

Q.4) Book-keeping is mainly concerned with
a) Recording of financial data.
b) Designing the systems in recording, classifying and summarizing the recorded data.
c) Interpreting the data for internal and external users.
d) None of the above

Q.5) All of the following are functions of Accounting except
a) Decision making.
b) Measurement.
c) Ledger posting.
d) Forecasting.

Q.6) Financial position of the business is ascertained on the basis of
a) Records prepared under book-keeping process.
b) Trial balance.
c) Balance sheet
d) None of the above

Q.7) Who were the Zamindars in British Raj?
a) People who had big fruit gardens
b) People who were the permanent owner of big area of land
c) People who ruled the country before Britishers
d) People who were the owner of big lakes

Q.8) During the period of Zamindars, Tillers were reduced to the status of :
a) Labourers with land
b) Labourers without land
c) Backward classes
d) Stagnant labour

Q.9) Which of the following does not characterise business activity?
a) Production of goods
b) Presence of risk and services
c) Sale or exchange
d) Salary or wages
Solution: (d)

Q.10) Which of the broad categories of industries covers oil refinery and sugar mills?
a) Primary
b) Secondary
c) Tertiary
d) None of them
Solution: (b)

Class XII

Q.1) If two events A and B are independent, the probability that both will occur is given by
a) P(A) x P(B)
b) P(A) + P(B)
c) P(A) + P(B) – P(AUB)
d) P(A) + P(B) – P(AnB)
Solution: (a)

Q.2) If p: q is the odds in favor of an event, then the probability of that event is
a) p/q
d) none of these
Solution: (c)

Q.3) If P(A) = 4/9; then the odd against the event ‘A’ is
a) 4:9
b) 4:5
c) 5:4
d) 4:14
Solution: (c)

Q.4) Why you study Economics?
a) To understand the psychology of people
b) To know about finance
c) To deal with the world of money
d) To know the rational management of limited resource
Solution: d

Q.5) Microeconomics deals with;
a) An individual consumer
b) An individual producer
c) An individual industry
d) All of these

Q.6) Why was the theory of supply developed?
a) To study the behavior of a producer
b) To know about the consumer market
c) To know about the need of supply
d) None of these

Q.7) The relationship between persons who have agreed to share the profit of a business carried on by all or any of them acting for all is known as:
a) Partnership
b) Joint venture
c) Association of persons
d) Body of individual
Solution: A

Q.8) In the absence of any agreement, partners are entitled to receive interest on their loans at the rate of:
a) 10% per annum
b) 12% per annum
c) 6% per annum
d) 6% annually

Q.9) National Stock Exchange of India was recognised as stock exchange in the year
a) 1992
b) 1993
c) 1994
d) 2002

Q.10) Which of the following is a financial incentive?
a) Promotion
b) Stock Incentive
c) Job Security
d) Employee Participation

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