Moneycontrol PRO
HomeNewsTrendsCA exams 2020: ICAI allows candidates to opt out of writing July 2020 CA exams

CA exams 2020: ICAI allows candidates to opt out of writing July 2020 CA exams

The ICAI decided to give students the option to choose if they wish to write the CA exams scheduled to be conducted from July 29, or opt out of it. In case they opt out, they will be accommodated in the November 2020 CA exam cycle

June 15, 2020 / 20:02 IST

The Institute of Chartered Accountants of India (ICAI) announced on June 15 that they will let candidates opt out of writing the CA examination 2020. Candidates can visit the official website www.icai.org to get more updates on this.

Keeping the current coronavirus situation in mind, the ICAI decided to give students the option to choose if they wish to write the CA exams scheduled to be conducted from July 29, 2020. The exams were originally supposed to be held in May but had got postponed to July in view of the COVID-19 situation in the country.

So, who can choose to opt out of the CA exams 2020?

All students who had submitted their online applications to write the May 2020 examination will be allowed to opt out of the present cycle and appear for the next examination slated to be held in November. One must note here that students will not be charged any extra fees in case they wish to appear for the examination in the November cycle. The amount that has already been paid will automatically be adjusted and carried forward when the student appears for the November 2020 CA exams.

How to opt out of CA exams 2020?

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

Eligible candidates will have to submit a declaration stating they wish to opt out. The declaration form will be available online on the official website icaiexam.icai.org from June 17 to June 20. Once a candidate opts out of writing the May 2020 CA exams, he or she will not be able to change the decision. All submissions of the declaration will be treated as final.

Meanwhile, for students who do not opt out, ICAI may consider postponing the exams. The decision will be taken at a COVID-19 situation review meeting that will be held in the first week of July. All students will be intimated about the decision taken. Notably, the decision of the ICAI will also depend on the government's advisories for the areas where exam centres will be located. In case, students willing to appear for exams are assigned exam in a centre that is deemed unsafe, they will be accommodated in the November 2020 CA examination cycle.

Moneycontrol News
first published: Jun 15, 2020 08:02 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347