Hii Geetanjali..That's not compulsory.

IP University Eligibility Criteria 2019 - Bachelor of Commerce (Honours) 

• Candidates should have secured 50% as an aggregate in 10+2 or SSC examination under CBSE board or equivalent with pass marks in five subjects(four elective subjects + one language)

• Any exam equivalent to the aforementioned exam. 

• Pre-University exam of an Indian college/school (two years post ten years of schooling)

• Intermediate examination from any Indian university/board/any exam recognized equivalent thereto with a pass in five theory (written) subjects. 

• Council for the Indian School Certificate Examination conducted Indian School Certificate Examination (12 years) with a pass in five theory (written) subjects.