CMA
29 Points
Joined March 2007
Thank u very much for reply.
The institute FAQ-Students informs the following how to intrepet the same.
.37 Whether a candidate who fails in one or more papers comprised in a group but secures a minimum of 60% marks in any paper or papers of that group will get any exemption under the new scheme?
Ans. Yes, a candidate who fails in one or more papers in a group but secures a minimum of 60% marks in any paper or papers of that group will be eligible to appear in any one or more of the immediately next three following examinations in the paper or papers in which he had secured less than 60% marks and will be required to secure at one attempt a minimum of 40% marks in each such paper or papers and a minimum of 50% of the total marks of all the papers of that group including the paper in which he had secured a minimum of 60% marks in the earlier examination, in order to be declared to have passed in that group. Such a benefit would be available only if he was present in all the papers of that group and has already exhausted earlier exemption if any, granted to him in that group.