The open book examination of Institute of Company Secretaries of India (ICSI) will be held in five elective subjects: Banking, Insurance, Intellectual Property Rights, International Business (all law and practice) and Capital and Commodity and Money market in June 2014. The ICSI exams are being held on a trial basis. Announcing the exam, the ICSI President R Sridharan said that open book examination was not easy since the students need to be widely read before appearing for the examinations.
The open book examination will develop creative thinking, problem solving and decision making in the students appearing for the examinations. The students appearing for open book examination should be able to comprehend the questions, and apply techniques and principles learnt. The ICSI President R Sridharan also said the study material would be revised keeping Companies Act 2013 in mind.
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