ICMAI Previous Year Question Papers with Answers

ICMAI stands for The Institute of Cost Accountants of India. If you’re preparing for ICMAI CMA Intermediate, solving previous year question papers (PYQs) is one of the fastest ways to understand the exam pattern, identify repeating topics, and improve your speed and presentation.
On this page, you’ll find CMA Inter previous year papers paper-wise or ICMAI Previous Year Question Papers with Answers with direct PDF download links and suggested answers/solutions wherever available.
ICMAI Previous Year Question Papers with Answers
ICMAI Papers – June 2025 (Syllabus 2022)
| Subject | Question Paper | Answers |
|---|---|---|
| Business Laws and Ethics | Download | Updaing soon |
| Financial Accounting | Download | Updaing soon |
| Direct and Indirect Taxation | Download | Updaing soon |
| Cost Accounting | Download | Updaing soon |
| OM & SM (Operational + Strategic Management) | Download | Updaing soon |
| Corporate Accounting & Auditing | Download | Updaing soon |
| FM & BDA (Financial Mgmt + Business Data Analytics) | Download | Updaing soon |
| Management Accounting | Download | Updaing soon |
ICMAI Papers – December 2024 (Syllabus 2022)
| Subject | Question Paper | Answers |
|---|---|---|
| Business Laws and Ethics | Download | Download |
| Financial Accounting | Download | Download |
| Direct and Indirect Taxation | Download | Download |
| Cost Accounting | Download | Download |
| OM & SM | Download | Download |
| Corporate Accounting & Auditing | Download | Download |
| FM & BDA | Download | Download |
| Management Accounting | Download | Download |
ICMAI Papers – June 2024 (Syllabus 2022)
| Subject | Question Paper | Answers |
|---|---|---|
| Business Laws and Ethics | Download | Download |
| Financial Accounting | Download | Download |
| Direct and Indirect Taxation | Download | Download |
| Cost Accounting | Download | Download |
| OM & SM | Download | Download |
| Corporate Accounting & Auditing | Download | Download |
| FM & BDA | Download | Download |
| Management Accounting | Download | Download |
ICMAI Papers – December 2023 (Syllabus 2022)
| Subject | Question Paper | Answers |
|---|---|---|
| Business Laws and Ethics | Download | Download |
| Financial Accounting | Download | Download |
| Direct and Indirect Taxation | Download | Download |
| Cost Accounting | Download | Download |
| OM & SM | Download | Download |
| Corporate Accounting & Auditing | Download | Download |
| FM & BDA | Download | Download |
| Management Accounting | Download | Download |
ICMAI Papers – June 2023 (Syllabus 2022)
| Subject | Question Paper + Answers |
|---|---|
| Business Laws and Ethics | Download |
| Financial Accounting | Download |
| Direct and Indirect Taxation | Download |
| Cost Accounting | Download |
| OM & SM | Download |
| Corporate Accounting & Auditing | Download |
| FM & BDA | Download |
| Management Accounting | Download |
ICMAI Papers – December 2019 (Syllabus 2016)
| Subject | Question Paper | Answers |
|---|---|---|
| Business Laws and Ethics | Download | Download |
| Financial Accounting | Download | Download |
| Direct and Indirect Taxation | Download Download | Download Download |
| Cost Accounting | Download | Download |
| OM & SM | Download | Download |
| Corporate Accounting & Auditing | Download | Download |
| FM & BDA | Download | Download |
| Management Accounting | Download | Download |
ICMAI Papers – June 2019 (Syllabus 2016)
| Subject | Question Paper | Answers |
|---|---|---|
| Business Laws and Ethics | Download | Download |
| Financial Accounting | Download | Download |
| Direct and Indirect Taxation | Download Download | Not Available |
| Cost Accounting | Download | Download |
| OM & SM | Download | Download |
| Corporate Accounting & Auditing | Download | Not Available |
| FM & BDA | Download | Not Available |
| Management Accounting | Download | Not Available |
How to Use These Papers (Best Strategy)
Use this simple method:
- Solve one paper in exam conditions (3 hours, no breaks)
- Check the suggested answer and compare structure
- Mark weak topics and revise them from notes
- Repeat the same subject after 7 days for retention
If you do this consistently, your accuracy and speed improves massively.
FAQs (ICMAI Papers)
Q1. How many years of CMA Inter PYQs should I solve?
At least 5–7 attempts (June/Dec sets) are ideal for strong practice.
Q2. Are suggested answers enough for theory papers?
They’re great for presentation format, but for best results, revise your notes too.
Q3. Should I solve syllabus 2016 papers if I’m under syllabus 2022?
Yes, for practice—just ensure you skip topics that are removed/changed.
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