ICO Exam Dates
FAQs on ICO Exam Date 2024-25
1. What is the Importance of the Olympiad Exams?
Olympiad examination is the foundation of a better learning process that prepares the students not only for the competitive world but for themselves. They provide students with a whole new level of self-confidence, the power to look forward and feel better. It reveals a child’s true potential and makes them aware of their capabilities. It also checks their area of weakness and works to strengthen them. Exams conducted by the SOF transforms students into better survivors in the modern competitive world. Students find themselves in a place where they can work on their skills to enhance them and develop logical reasoning.
2. Can I also take part in other Olympiad as well along with the SOF ICO 2024-25?
Yes. However, your participation in other Olympiad exams depends on you meeting the eligibility criteria for them.
3. What are the Awards for Olympiad Exams?
Anyone whose performance is excellent is awarded at the end of both the exams i.e., level 1 and level 2.
For NSO, the award is INR 50,000, a gold medal, and a certificate of outstanding performance.
For NCO, the award is INR 50,000, a gold medal, and a certificate of outstanding performance.
For IMO, the award is INR 50,000, a gold medal, and a certificate of outstanding performance.
For IEO, the award is INR 50,000, a gold medal, and a certificate of outstanding performance.
For ICSO, the award is INR 1,00,000, a gold medal, and a certificate of outstanding performance.
For, IGKO, the award is INR 50,000, a gold medal, and a certificate of outstanding performance.
4. What are the Tips to Prepare for the ICO Examinations?
Every student prepares for their examination in their way but preparing wisely will save you a lot of time and effort. So here are a few tips you can follow:
Practice as much as possible: It is a key to score good marks. Your 70% of the effort should be spent in practising. You can use a question bank.
All India Level Mock Test: Once you are confident enough with your preparation, take a mock test to improve your efficiency at attempting questions.
Clear your doubts. Never ignore a question that you cannot understand, instead, you can do a group study or discuss it with someone you think can help you.
Look for the best sources.
Revise. It is a must. We may think that what we’ve learnt will be in our head without revising, we are wrong. We should always revise.
5. My school does not wish to participate in the ICO exam. Is it possible for me to take part in the ICO exam individually?
The ICO exam (International Commerce Olympiad exam) is an exam that takes place school-wise. This means that a student is eligible only if his or her school has registered for the exam. Without this, the student cannot participate in the competition. The student is also required to meet all the criteria that are mentioned in the eligibility criteria section in order to be able to attend the exam. It is mandatory that each school has at least five students participating in the event to be eligible for the school to participate. Hence a student on his or her own cannot apply for the exam but instead can request the school to take the measures in order that you become eligible for the exam.
6. What are the criteria to be followed in order to participate in ICO 2024-25?
There are certain criteria that need to be followed to be eligible for the ICO 2024-25 exam, and those criteria can be given as follows:
The test will be organised in the respective schools of the participants, and it will be conducted during school hours.
This Olympiad exam will be a written objective-based question type test with a time limit of 60 minutes and will have at least 50 objective-based questions for both Grades 11 and 12.
There will be four sections that will be involved in the exam and they are Economics, Business Studies, Achievers section, and Accountancy.
For each class, there will be separate papers created and distributed for which you can take a look at sample papers on Vedantu.
The test will only be conducted in English medium, and no other language will be allowed during the test.
The syllabus structure of CBSE, ICSE/ ISC, and State Board will be followed while setting the exam papers.
7. What benefits do students get at the ICO international level?
At the international level, once the students gain a rank, the following will be the benefits that are obtained:
Those students who are ranked first will obtain two awards worth Rs. 1,00,000 each, along with a gold medal and certificate of outstanding performance.
Those students who rank second shall obtain two awards worth Rs. 75,000 each, along with a silver medal and a certificate of outstanding performance.
Those students who rank third shall obtain two awards worth Rs. 50,000 each, along with a bronze medal and certificate of outstanding performance.
Those students who are fourth rank holders shall obtain two awards worth Rs. 25,000 each, along with a medal of distinction and certificate of outstanding performance.
Those students who are fifth rank holders shall obtain two awards worth Rs. 10,000 each, along with a medal of distinction and certificate of outstanding performance.
8. When are the results of the ICO exam declared, and where to access it?
The results of the ICO exams are declared within eight weeks of the last date of the exam. The results that are released can either be accessed via SOF or the Science Olympiad Foundation Official website or by visiting your school office, where you can mention your details and get your results. You can view the results online by following the steps given below:
Log onto SOF official website address.
Click on the results section and enter your details.
You will be prompted to add your roll number and date of birth.
Once you add in the details, click on display results
You will get the results displayed online, which you can either download or print out for further usage.
9. What is an ICO admit card, and why is it important to get one?
An ICO exam admit card is a document that is provided to each registered participant of the ICO 2024-25 exam. Without this ICO admit card, you won't be able to give your exam. It is hence important to obtain an ICO admit card before your exam in order to be eligible for the same. The steps you can follow to get your ICO exam admit card are as follows:
Go onto the official site of SOF and click on admit card
Once you enter in your roll number and registration number, you will get the admit card displayed on the screen
Check all of the details mentioned on the admit card and whether they are correct or not.
Once you check, you can either download the admit card or print it out for further purposes.
Alternatively, you can contact the school administration office and let them know that you would like to receive the admit card for the ICO exam 2024-25.
