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SOF International Commerce Olympiad
SOF commerce olympiad for Class 11–12 commerce students. Reasoning, Commerce (Business Studies + Accountancy), Economics, and Achievers Section.
Updated 13 Aug 2026 ·Vacancy counts change every cycle — always confirm the exact number in the latest official notification before applying.
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Source: official exam authority notification · refreshed weekly. How this works →
Free SOF ICO preparation on Shishya
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Blood RelationsA is B's sister. C is B's mother. D is C's father. E is D's mother. How is A related to D?
Tap an option to check your answer.
Start with a diagnostic
10 questions across the syllabus to see where you stand.
We are sourcing PYQs from the official notification PDFs. Coming soon.
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SOF ICO — Quick Practice
FULL20 questions · 60 min
Start mock →Full-length subject tests below — 25 questions each, real exam format, instant scoring. Want to drill a single topic? Every topic has its own 10-question test in the syllabus.
Logical Reasoning
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Mocks taken
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Average score
50%
Top score
50%
What can I get from SOF ICO?
Mock-score → expected rank → likely outcome. Use the mocks below to find your current band, then plan how many marks you need to climb.
Top achiever — National distinction
97–100% · Post-based exam (no numeric rank)
International gold range
Science Olympiad Foundation has released the exam schedule for ICO 2026-27. Schools can choose between two dates: 30th November 2026 or 19th January 2027. The ICO remains a single-level exam for Classes 11 and 12.
SOF has dispatched registration forms to schools for the 2026-27 academic session. Schools must submit registrations at least 30 days before the chosen exam date. Students can register through their schools by paying the INR 170 fee.
SOF has released sample question papers for the International Commerce Olympiad 2026-27 exam. These are available in PDF format on the official website to help students familiarize themselves with the exam pattern.
Tap any topic for its study notes + a 10-question topic test
Series and Sequences
Number, alphabet and figural series — find the next/missing term.
Analogy and Classification
Identify the matching pair or odd one out.
Coding-Decoding
Encrypt or decode words and numbers using a given rule.
Blood Relations
Family-tree and pointing-style relationship problems.
Direction Sense
Compass-based movement, distance and final-direction problems.
91–96% · Post-based exam (no numeric rank)
International silver range
83–90% · Post-based exam (no numeric rank)
International-level bronze range
71–82% · Post-based exam (no numeric rank)
Zonal-level achiever
56–70% · Post-based exam (no numeric rank)
School-level recognition
36–55% · Post-based exam (no numeric rank)
Participation level
0–35% · Post-based exam (no numeric rank)
AI-curated from historic cut-off patterns. Always verify with the latest official notification before making decisions.
SOF ICO 2025-26 Result declared
passedMon, 15 Dec, 2025
Results for previous cycle available at sofworld.org
SOF 2026-27 exam schedule released / registration forms dispatched
passedMon, 1 Jun, 2026
School registration forms sent to participating schools
School registration open (ongoing)
passedMon, 15 Jun, 2026
Schools can register at any time, recommended 30 days before chosen exam date
Registration deadline for Date 1 exam (30 Nov 2026)
66 days awaySat, 31 Oct, 2026
Schools should submit registrations 30 days before chosen exam date
🏅SOF ICO Level-1 Exam (Date 1)
96 days awayMon, 30 Nov, 2026
Schools choose one of two dates; exam held within school premises
Registration deadline for Date 2 exam (19 Jan 2027)
116 days awaySun, 20 Dec, 2026
Schools should submit registrations 30 days before chosen exam date
🏅SOF ICO Level-1 Exam (Date 2)
146 days awayTue, 19 Jan, 2027
Alternate exam date for schools that chose Date 2
Answer key release (expected)
168 days awayWed, 10 Feb, 2027
Answer keys typically released 2-3 weeks after exam concludes
SOF ICO 2026-27 Result (expected)
201 days awayMon, 15 Mar, 2027
Results typically 6-8 weeks after final exam date; available online at sofworld.org
Business, Trade and Commerce
Concept and characteristics of business, trade and commerce as economic activities.
Nature and Purpose of Business
Objectives, classification of business activities and profession vs employment.
Forms of Business Organization
Sole proprietorship, partnership, HUF, cooperative, joint stock company.
Public, Private and Global Enterprises
Departmental undertakings, statutory corporations, government companies and MNCs.
Business Services
Banking, insurance, transport, communication and warehousing services.
Emerging Modes of Business
E-business, outsourcing, BPO, KPO and online security concerns.
Sources of Business Finance
Owned vs borrowed funds, shares, debentures, retained earnings and trade credit.
Small Business and Entrepreneurship
MSMEs, role and government schemes for small enterprises.
Internal Trade
Wholesale and retail trade, types of retailers and chambers of commerce.
International Business
Export-import procedure, foreign trade benefits and trade documents.
Partnership Accounts (Basics)
Profit-sharing ratio, fixed/fluctuating capital and basic partnership adjustments.
Accounting Basics
Accounting concepts, principles, journal, ledger and trial balance.
Financial Statements
Trading, profit and loss account, balance sheet and adjustments.
Introduction to Economics
Meaning, scope, central problems and types of economies.
Consumer's Equilibrium and Demand
Utility analysis, indifference curves and law of demand.
Producer Behaviour and Supply
Production function, costs, revenue and law of supply.
Forms of Market and Price Determination
Perfect competition, monopoly, monopolistic competition and oligopoly.
National Income and Aggregates
GDP, GNP, NNP, methods of measurement and real vs nominal.
Money and Banking
Functions of money, commercial banks and central bank functions.
Government Budget and the Economy
Components of budget, types of deficit and revenue/capital account.
Balance of Payments and Foreign Exchange
BoP components, exchange rate determination and currency depreciation.
Statistics for Economics — Introduction
Meaning, scope and importance of statistics in economics.
Collection, Organisation and Presentation of Data
Sources of data, classification, tabulation and graphical presentation.
Measures of Central Tendency
Mean, median, mode for grouped and ungrouped data.
Measures of Dispersion
Range, mean deviation, standard deviation and coefficient of variation.
Correlation and Index Numbers
Karl Pearson's correlation, rank correlation and consumer price index.
Higher Order Commerce Application
HOTS questions on advanced business and accounting scenarios.
Case Studies
Real-world business or economic case studies with multi-part questions.
Problem Solving
Multi-step numerical and conceptual problems combining commerce and economics.
Current Business and Economic Affairs
Recent business news, market trends and economic policy updates.