Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

To become a Chartered Accountant in India, a candidate has to clear a specific exam conducted by ICAI. Which feature of the profession is being revealed?

Options:

Restricted Entry

Professional Body

Well defined body of knowledge

Ethical Code of conduct

Correct Answer:

Restricted Entry

Explanation:

The correct answer is option 1- Restricted entry.

The entry to a profession is restricted through an examination or through acquiring an educational degree. So, the feature of restricted entry is revealed here.

To become a chartered accountant in India a candidate has to clear a specified examination conducted by the Institute of Chartered Accountants of India.