ICMAP have issued a press release regarding Winter 2002 Examinations:
“Further to our earlier circular # Note-C1.02.09.2002 dated September 7, 2002, students are informed that there will be a negative marking @ 50% of marks for an incorrect reply in the compulsory MCQs of accounting papers only w.e.f Winter 2002 Examination.
However, there will be no negative marking for MCQs and Non-MCQ type of questions such as Fill-in-The-Blanks, True or False and Matching Groups for non-core accounting papers.”