The Institute of Chartered Accountants of India (ICAI) recently updated the weightage of marks for CA Foundation Paper-4, which would apply to the May/June 2023 examinations and subsequent exams under the New Scheme of Education and Training. This update allows CA Foundation students to better prepare for the Business Economics and Business & Commercial Knowledge (BEBCK) paper's theoretical and practical components.
Marks vary across various sections and subjects within each discipline. This allocation is critical for knowing how the question paper will be made and assists students in properly focusing their preparations.
CLICK THE BELOW LINK TO APPLY NOW
Section-wise Weightage of Marks for CA Foundation Paper 4 (BEBCK) May 2023 Examinations:
Foundation Paper 4A: Business Economics (60 Marks)
Section-I (Weightage 15%-20%) - 9-12 Marks
1. Introduction to Business Economics
(i)Meaning of Business Economics
(ii)Objectives of Business Firm
Section-II (Weightage 35%-40%) - 21-24 Marks
2. Theory of Demand and Supply
(i) Meaning and determinants of demand
(ii) Law of demand and Elasticity of demand (Price, income, and cross elasticity)
(iii) Theory of consumer’s behavior
Indifference curve approach
Meaning and determinants of supply
Law of supply and Elasticity of supply
3. Theory of Production and Cost
(i) Meaning and Factors of production
(ii) Laws of Production
The Law of Variable proportions
Laws of Returns to Scale
(iii) Concepts of Costs
Short-run and long-run costs
Average and marginal costs
Total, fixed and variable costs
Section-III (Weightage 25%-30%) - 15-18 Marks
4. Price Determination in Different Markets
(i) Various forms of markets
(ii) Price determination in these markets
Section-IV (Weightage 15%-20%) - 9-12 Marks
5. Business Cycles
Foundation Paper 4B: Business & Commercial Knowledge (40 Marks)
Section-I (Weightage 15%-18%) - 6-7 Marks
1. Introduction to Business
Nature of Business, Profession, and Employment
Objectives of Business
Economic and Non-Economic Activities
Forms of Business Organizations
Section-II (Weightage 15%-18%) - 6-7 Marks
2. Business Environment
(i) Micro and Macro Environment
(ii) Elements of Micro Environment
(iii) Elements of Macro Environment
Section-III (Weightage 15%-20%) - 6-8 Marks
3. Business Organizations: Overview of selected Indian and Global Companies.
Section-IV (Weightage 15%-18%) - 6-7 Marks
4. Government Policies for Business Growth
Policies creating conducive business environment such as Liberalization, Privatization, Foreign Direct Investment.
Section-V (Weightage 15%-18%) - 6-7 Marks
5. Organizations Facilitating Business
(i) Indian Regulatory Bodies -RBI, SEBI, CCI, IRDA.
(ii) Indian Development Banks- NABARD.
Section-VI (Weightage 15%-18%) - 6-7 Marks
6. Common Business Terminologies
Finance and Stock & Commodity Markets Terminology
Other Business Terminology
Paper 4 is divided into two sections: Section 4A is concerned with Business Economics (60 marks), whilst Section 4B is concerned with Business and Commercial Knowledge (40 marks). Section 4A has theory questions worth 24-30 marks and practical questions worth 30-36 marks. Section 4B is entirely made up of theory-based questions. This extensive breakdown enables CA Foundation students to successfully customize their preparation plans.
CLICK THE BELOW LINK TO APPLY NOW
To summarize, iProledge is the best CA coaching institute in Bangalore, providing thorough and systematic assistance that exactly fits with the weightage of marks and curriculum for CA Foundation Paper 4 (Business Economics and Business & Commercial Knowledge). We are committed to assisting students in properly preparing for and excelling in their CA Foundation examinations by providing expert professors, specialized study materials, and a focused approach on each section's weightage. Join iProledge and let us help you confidently achieve your CA goals.