Courses

Courses for Kids

Free study material

Store

Talk to our experts

1800-120-456-456

ICO Sample Papers for Class 11

Olympiad

ICO Sample Papers for Class 11

Last updated date: 23rd Apr 2024

•

Total views: 504.3k

•

Views today: 14.04k

ICO Sample Paper Class 11 Free PDF Download

ICO sample paper from Vedantu will help you in abundant ways in this international-level examination. International Commerce Olympiad is an international-level exam that tests the commerce-related subjects of the who want to showcase their knowledge in the field of Commerce. Students willing to participate in the ICO examination can avail the sample papers of Vedantu which are easy to access and are available free of cost. Further details regarding the exam and the sample paper are mentioned in the article.

ICO Sample Papers for Class 11

ICO Olympiad Class 11 Sample Paper 1

ICO Olympiad Class 11 Sample Paper 2

ICO Sample Paper Class 11 - Benefits of ICO Sample Paper

Some of the important benefits of solving sample papers before the exam are as follows:

The sample papers for the International Commerce Olympiad help students to get an idea of how the main exam is likely to be in terms of the paper pattern, format, marking scheme, and type of questions.
To evaluate your preparation and to make sure that you are headed in the right direction, solving sample papers is the best way.
Time is what matters during the examination, you have to be quick yet accurate while solving the paper. By practicing solving the latest ICO sample papers on a regular basis, the students can increase their pace of solving questions and ensure they can solve the entire paper within the allocated timeline.
Your weak sections will be easily highlighted while you solve multiple sample papers so you can work on those areas and make them strong before the final day. This will make you realize the importance of focusing equally on all topics and leaving no stone unturned.
By solving a variety of questions you will get good confidence before your final day and will be able to solve many twisted questions with ease.

ICO 2023-24 Exam Dates

Students can take note of the following exam dates:

First Exam Dates	12th December 2023
Second Exam Dates	18th January 2024

ICO 2023-24 Syllabus

Students of Class 11 and 12 are required to check the following table to know their respective syllabus:

Class11

Section 1 Accountancy

Part A: Theoretical Framework for Accounting

Introduction to Accounting
Theory base of Accounting

Part B: Theoretical Framework for Accounting

Recording of Business Transactions
Preparation of Bank Reconciliation Statement, Ledger and Trial Balance
Rectification of errors Section B
Deprecation, Provision, and Reserves
Accounting for Bill of Exchange

Part C (optional): Financial Statements of Sole Proprietorship: From Complete Records only (with Adjustments)

Section 2 Business Studies

Part A: Principles and Functions of Management

Nature and Significance of Management
Principles of Management
Business Environment
Planning
Organizing
Staffing
Directing
Controlling

Class 12

Section 1 Accountancy

Part A: Accounting for Partnership Firms and Companies

Accounting for Partnership Firm
Accounting For Companies

Part B: Financial Statement Analysis

Analysis of Financial Statement
Cash Flow Statement

Section 2 Business Studies

Part A: Foundations of Business

Nature and Purpose of Business
Form of Business Organizations
Public, Private and Global Enterprises
Business Services
Emerging Modes of Business
Social Responsibility of Business and Business Ethics

Part B: Finance and Trade

Sources of Business Finance

ICO Examination Pattern

Following are the ICO Examination Pattern:

Particulars	Details
Type of Questions	Objective (Multiple-choice questions)
Duration of the Exam	One hour (60 minutes)
Mode of Language	English
Sections	Section-1: Economics Section-2: Business Studies Section-3: Accountancy Section-4: Achievers Section

ICO 2023-24 Registration

Check out the highlights for registration for better guidance to participate in ICO 2023-24:

Students willing to participate in ICO must contact their school authorities for registration.
Basically, the schools, in this case, must first register as a center for SOF ICO (No fee is charged for this purpose)
The rule is that a minimum of 5 students are required to participate from each school to get registered with SOF ICO.
After the successful registration of the students, the schools are required to return the prospectus to SOF ICO by the due date.

Fee Details -

Schools and Students	Required Fees
India, Bangladesh, Bhutan, Nepal	Rs. 125 including GST per student. (Schools may charge an extra Rs. 25 per student to cover the honorarium of the in-charge, instructor salary, and other expenditures.
Severely disabled Students/Indian students whose parents were martyred during defense operations	Nil

ICO Examination - Key Features

International Commerce Olympiad is an international-level examination competition for the field of Commerce related subjects - Accountancy, Business Studies, and Economics. The basic features of ICO are as follows:

SOF generally releases the notification of ICO examination.
The examination is normally conducted in the month of December.
ICO is open for all the students who are in Classes 11 and 12.
This is a single-level examination conducted every year.
Students qualifying in this exam are rewarded at school, zonal and international levels.

ICO 2023-24 Results

Students participating in the ICO examination will be on the edge for the release of the ICO results. They can check the same from the official page of SOF sofworld.org.

Result Date

Tentatively February 2023-24

ICO - Preparational Tips

Following are some preparation tips for the students to appear for the ICO exam:

Try to cover each and every topic so that you are able to solve them in the exam.
Apart from regular study and hard work certain skills also need to be developed. These are the observational skills that will help you during solving the questions related to verbal and nonverbal reasoning.
Pattern-type questions also require a lot of practice.

Conclusion

The Vedantu website has a lot of study material for the ICO exam. You need to ensure that you consume as much of it as possible (including the ICO sample papers PDF download) so that you are well prepared for the main ICO exam.

The ICO study material and ICO sample papers for Class 11 available on the Vedantu website are a great help for students to crack the ICO exam. Vedantu is a reliable platform as the professionals working behind the scenes ensure that the content on the site related to ICO competition is updated regularly and helps students to develop a solid understanding of the concepts related to computers and the Commerce world.

FAQs on ICO Sample Papers for Class 11

1. Where can I you access the sample paper for Class 11 ICO?

To make the preparation easier and faster, free ICO sample papers for Class 11 are uploaded on the official website of Vedantu. The sample paper is available in PDF format that can be accessed easily anywhere. Solving the sample paper from the start will give you an edge over others. On the Vedantu website, you can access the most recent International Commerce Olympiad sample papers for the year 2023-24. The sample paper is made by keeping in mind the previous pattern.

2. How to prepare for the ICO exam?

This international level exam requires rigorous practice along with the proper guidance. Start as early as possible so that you have enough time in your hand to practice questions. Solving a variety of questions will help you become familiar with all sorts of questions that can be seen in your final exam. Start by working on the weak sections and also brush up on the concepts of the storing areas. Search for the relevant reference material so that you can clear your concepts and develop a strong understanding.

3. Where can I find the resources to prepare for the ICO exam?

Relevant resources can be easily available on the website of Vedantu. Apart from these, you can take the help of NCERT or any other reference books. For this, you can take the help of your teachers or get yourself registered on Vedantu for a one-to-one guide. Special doubt clearing sessions are also held so that all your queries are sorted before the exam day. These sample papers are prepared by our team of professionals who are subject matter experts for topics related to the ICO exam and who conduct an in-depth analysis of papers of the past years as well.

4. What are the special features offered by Vedantu to help in ICO preparation?

To boost your confidence and help you ace the examination, special sessions are conducted by Vedantu. They have also made topic-wise questions that are most expected for Class 11. The experts have gone through many years of questions so that they are able to analyze and guess the type of questions that you can get. Olympiad sample papers for Class 11 provide you with significant insights on the expected toughness level of questions, exam pattern, and format, etc. so that you can be mentally prepared.

5. How to manage time during the ICO exam?

Time management is the key that can make or break the score. Even if you know the answer and are not able to solve them in time it will be of no use. To keep a track of the time to start solving the sample papers at least a month before. Keep a record of the time you need for each section. Try to solve the easy sections first and secure those marks. After that move to the other sections.