CA Foundation Test is conducted by The Institute of Chartered Accountants of India. It is the first level of Chartered Accountancy examinations. Exam subjects include Accounting, Business Laws, Business Correspondence & Reporting, Economics, Business & Commercial Knowledge, Reasoning, Math and Statistics. The test has four papers in all. Papers 1 & 2 (Accounting, Business Laws, Business Correspondence & Reporting) are subjective. Papers 3 & 4 (Economics, Business & Commercial Knowledge, Reasoning, Math and Statistics) are objective type (multiple choice questions). TCY offers Practice Tests on all subjects, apart from Topic-wise Tests. Please note that Papers 1 & 2 are not being provided in their original format. The descriptive question types have been converted into Multiple Choice questions. However, effort has been made to provide conceptual clarity on all subjects.