CA INTER COST FM SM GRACE MARKS I ICAI'S MISTAKE ?? FREE MARKS ?? CA AMIT SHARMA (AIR 30)

Summary

In this motivational and insightful video, Amit guides students through a challenging exam, breaking down complex questions and offering strategic advice. He emphasizes the importance of thorough preparation, understanding core concepts, and staying focused during revision. Amit highlights real exam questions and the methods to solve them, stressing that success comes from effort and smart study habits. He encourages students to engage in self-analysis, take ownership of their learning, and reach out for personalized support to improve. With his guidance, students are reassured that with the right preparation, they can confidently tackle their exams.

Takeaways

• 😀 The importance of thorough preparation is emphasized for successfully passing exams. Understanding the material and practicing is critical.
• 😀 The script mentions the presence of multiple common exam questions and how to approach solving them efficiently, such as the mix of material, labor, and overhead cost questions.
• 😀 The video provides reassurance that there is no grace marking available for specific questions; they are designed to be simple and solvable with basic knowledge.
• 😀 The presenter highlights that certain exam questions are directly pulled from textbooks or prior practice questions, which makes preparation easier.
• 😀 Attention is drawn to the consistency of exam patterns, where similar questions reappear, allowing students to anticipate and focus their studies.
• 😀 The speaker advises against procrastination and warns that last-minute cramming before exams (such as waiting for 'super important questions') is not effective.
• 😀 Students are encouraged to self-assess and identify areas where they need more preparation or understanding, rather than relying on last-minute 'quick fixes.'
• 😀 The script underscores the importance of grasping the core concepts and understanding the subject matter fully to clear exams successfully.
• 😀 The presenter offers personalized help via WhatsApp, highlighting a 'one-on-one' approach to ensure that students can clarify doubts and get the support they need.
• 😀 A live class approach is emphasized over pre-recorded content, with the idea that live interaction and doubt resolution are key to mastering the subject material.

Q & A

What is the main focus of the video discussed in the transcript?

The video primarily focuses on providing insights into the CA Intermediate exams, specifically regarding the difficulty level of the papers, the concept of grace marks, and preparation tips. The speaker, Amit, addresses misconceptions about grace marks, details the content of various exam questions, and emphasizes the importance of in-depth conceptual learning.

What is the speaker’s stance on the rumors about grace marks for the CA Intermediate exams?

The speaker debunks the rumors suggesting that grace marks, especially as high as 17 marks, will be given. He explains that grace marks are only awarded in cases where the exam questions are fundamentally flawed, like missing data or incorrect questions. He clarifies that there is no guarantee of grace marks for any of the questions in the exams.

How does the speaker describe the difficulty of the CA Intermediate papers?

The speaker describes the papers as being of average difficulty, mentioning that they were neither too easy nor too difficult. Specifically, the Costing and FM (Financial Management) papers were described as having some tricky points, but were manageable for students who had properly understood the concepts.

Why does the speaker claim that the 17 marks grace mentioned by others is unlikely to happen?

The speaker claims that the 17 marks grace is unlikely because, in order for grace marks to be awarded, there must be a mistake in the exam questions, such as a missing or incorrect data point. Since the exam questions were of average difficulty and did not meet these conditions, the speaker confidently states that no such grace will be awarded.

What is the significance of the question related to the CA Final level in the Intermediate exam?

The speaker discusses a question in the FM paper that was of a CA Final level, which caused a lot of confusion and concern among students. While the speaker acknowledges that the question was tricky, he suggests that if students approached it with a clear understanding of ratios and formulas, they could have solved it. The speaker highlights how the CA Institute (ICI) often includes tough questions to test in-depth knowledge.

What advice does the speaker give regarding preparation for CA exams?

The speaker advises students to focus on understanding the concepts thoroughly rather than just memorizing formulas or solving sample questions. He emphasizes the importance of in-depth learning, suggests revising the concepts, and strongly recommends joining a live batch to address any doubts. He also advocates for consistent preparation and self-assessment.

What does the speaker mean by 'exam-oriented batch' and why is it recommended?

An 'exam-oriented batch' refers to a course specifically designed to prepare students for the upcoming exams, with a focus on solving exam-style questions and addressing any last-minute doubts. The speaker recommends this approach to ensure that students have comprehensive coverage of topics and are fully prepared for any challenges during the exam.

How does the speaker suggest students deal with the possibility of not clearing the exam?

The speaker urges students to take proactive measures if they feel unprepared. He stresses that students should not wait for the results and then panic, but instead focus on clearing any doubts and revising thoroughly. He encourages students to take responsibility for their preparation and suggests reaching out via WhatsApp for personalized guidance.

What is the significance of the concept of ratios in solving exam questions, according to the speaker?

The speaker frequently mentions ratios as a crucial tool for solving various exam questions. He explains that ratios, like current ratio and fixed asset to long-term loan ratio, are essential in financial management and costing, and can be used to solve complex problems in a structured way. He advises students to break down questions using these ratios for clearer solutions.

Why does the speaker mention using WhatsApp for direct communication with students?

The speaker uses WhatsApp as a means to offer personalized assistance to students. He encourages them to send a WhatsApp message for one-on-one analysis of their preparation and doubts. This approach aims to provide more direct and focused support, making it easier for students to resolve issues they might encounter while studying.