CMA Foundation Exam Pattern

Timing: Single composite 36-minute timer for both sections combined: no sectional lock.

The official ICMAI CMA Foundation Paper 3 (Fundamentals of Business Mathematics and Statistics) has 50 objective-type questions for 100 marks in 1 hour, with no negative marking, weighted roughly 40% Business Mathematics (Arithmetic, Algebra, Calculus) and 60% Statistics (data representation, central tendency and dispersion, correlation and regression, probability, index numbers and time series). This mock is a TakeMockTest-defined shorter set: 30 questions in 36 minutes across the same two sections in the same 40:60 proportion. Paper 1 (Fundamentals of Business Laws and Business Communication), Paper 2 (Fundamentals of Financial and Cost Accounting), and Paper 4 (Fundamentals of Business Economics and Management) are not covered here since they lean on legal, accounting-standard, economics, or management facts that carry higher correctness risk for self-authored content than pure calculation.