CPT

The Common Proficiency Test, commonly known as CPT or CA-CPT is an entry-level examination for Chartered Accountancy Certification in India. The exam is conducted by the Institute of Chartered Accountants of India (ICAI) in compliance with the Chartered Accountants Regulations 1988, for candidates who wish to pursue a career in Chartered Accountancy in India. It is conducted twice in a year. Eligibility: Students can apply for the exam after completing 10th standard but are eligible to appear for the exam only once they have cleared/ completed 12th standard or 2nd-year of pre-university course. So students of doing 11th are not eligible for appearing in CPT exam.

Yes!
I think, you ought to have secured 60% in your exam to qualify exemption in CPT. I must warn you of one potential danger, though. I am a Chemical Engineer, who later qualified as CMA. I noticed that the brains of Graduates from Science stream are differently wired. And, as a result, it becomes intellectually challenging to grasp the fundamentals of book-keeping and financial accounts. I actually started with the books of 11th Commerce onwards in my 1st Gr CMA. This was a off-line catch-up IN ADDITION to the Course contents. Students with B.Com background are already soaked in Book-keeping and hence not many in the course (including the Faculty) can understand the lost feeling the Engineers have to go through. Its not difficult. Its not impossible. But, better be forewarned. And then, as a CA you ought to be more proficient in Financial Accounts than a CMA. Best wishes!

If we go through the CA CPT syllabus than exam comprises the following sections with their corrosponding marks.
1. Section A - Fundamentals of Accounting : 60 (Marks)
2. Section B - Mercantile Laws : 40 (Marks)
3. Section C - General Economics : 50 (Marks)
4. Section D - Quantitative Aptitude : 50 (Marks)
Section-A Fundamentals of Accounting comprises the following sub topics as Theoretical Framework, Depreciation Accounting, Bank Reconciliation Statement, Preparation of Final Accounts for Sole Proprietors, Accounting Process, Accounting for Special Transactions, Introduction to Company Accounts and Partnership Accounts. While the Section D - Quantitative Aptitude comprises the following sub topics as Ratio and proportion, Indices, Logarithms, Basic concepts of Permutations and Combinations, Inequalities, Simple and Compound Interest including annuity- Applications, Equations, Sets, Functions and Relations, Sequence and Series Arithmetic and geometric progressions, Statistical description of data, Limits and Continuity Intuitive Approach, Measures of Central Tendency and Dispersion, Basic concepts of Differential and Integral Calculus (excluding trigonometric functions), Theoretical Distributions, Correlation and Regression, Sampling Theory and Probability and Expected Value by Mathematical Expectation. So from above Section-A and D needs much attention while Section-B and C less. Hence daily 4-5 hours of studies are enough for CA CPT exam.