HeyArtha HeyArtha

CA Intermediate Financial Management and Strategic Management MCQ tests

Group 2January 2027 attempt30 marks60 minutesNo negative marking

Paper formats

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

This page carries the Financial Management and Strategic Management paper as a whole, with the Section A Financial Management section and the Section B Strategic Management section on one set of questions. Each test has 16 questions in 6 case scenarios and carries 30 marks in 60 minutes, with no negative marking. The Financial Management section tests capital structure, ratio analysis, leverage, working capital, and capital budgeting. The Strategic Management section tests strategic analysis, competitive strategy, and execution.

Tests here: 15 tests, 240 questions in all, 16 questions in 6 case scenarios in each test, 60 minutes and 30 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: ICAI Study Material for CA Intermediate Paper 6: Financial Management and Strategic Management (relevant for January 2027 attempt).

Questions people ask

What does this paper cover?

Both sections of CA Intermediate Group 2 Paper 6: Financial Management (50 marks syllabus) and Strategic Management (50 marks syllabus) combined on one paper. Each test has 16 questions in 6 case scenarios: 8 questions on Financial Management and 8 on Strategic Management.

How long is each test and how is it marked?

Each test runs for 60 minutes and carries 30 marks across 16 questions in 6 case scenarios. Fourteen questions are worth 2 marks each and two questions are worth 1 mark each (matching the ICAI MCQ allocation of 15 marks per section). There is no negative marking, so a wrong answer costs you nothing.

Which study material applies to these questions?

The questions follow the latest ICAI Study Material for Paper 6 (Section A: Financial Management and Section B: Strategic Management) relevant for the January 2027 examination attempt.

Will I get a certificate?

Sit the test in exam mode. When you submit, the result page shows your score, the tier you land in, the time you took and a breakdown by chapter and by difficulty, and the certificate carries your name, the test title, the paper, the attempt and your score, ready to download as a PNG or a PDF.

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