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CA Intermediate Auditing and Ethics - Audit of Banks MCQ tests

Group 2May 2027 attempt40 marks45 minutesNo negative marking

Chapters covered

Practice tests

Answer keys

Every question with the correct answer, the working behind it and the authority it rests on.

About this paper

Chapter-wise practice tests for Chapter 10: Audit of Banks of CA Intermediate Paper 5 Auditing and Ethics. Covers Banking Regulation Act 1949, stages of bank audit, verification of advances, IRAC norms, NPA classification, provisioning percentages, and Long Form Audit Report (LFAR).

Tests here: 3 tests, 60 questions in all, 20 questions in 14 case scenarios in each test, 45 minutes and 40 marks each, no negative marking. After you submit you see your score, a chapter-wise and difficulty-wise breakdown, and an explanation for every question.

Law and standards used: Standards on Auditing (SAs) issued by ICAI, Companies Act 2013 (Sections 139-148), Companies (Auditor's Report) Order 2020 (CARO 2020), and ICAI Code of Ethics (amendments up to 31 July 2025).

Questions people ask

What is the pattern of this chapter-wise test series for Audit of Banks?

Each test contains 20 questions (2 case scenarios of 4 questions each plus standalone scenario/practical MCQs) totaling 40 marks in 45 minutes, strictly based on ICAI New Scheme case scenario patterns with 2 marks per question and no negative marking.

Which Standards on Auditing and study materials apply to these questions?

The questions follow the official ICAI Study Material for CA Intermediate Paper 5 Auditing and Ethics, fully aligned with applicable Standards on Auditing (SAs), the Companies Act 2013 (Sections 139-148), CARO 2020, and the ICAI Code of Ethics for the 2027 examination sessions.

Can I sit these tests in both exam and practice modes?

Yes. Practice mode gives immediate answers with detailed statutory citations and traps explained after every question. Exam mode simulates strict exam conditions with timer and issues a downloadable performance certificate upon submission.

Practice test by HeyArtha. Not issued by or affiliated with ICAI.