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IFSCA Grade A Syllabus & Exam Pattern 2024, Check Detailed Subject-wise Topics

The International Financial Services Centres Authority (IFSCA) is recruiting candidates for the Grade A positions, with the Phase 1 exam scheduled for 01 September 2024. This rigorous selection process aims to identify and recruit talented individuals for various positions within the organization. Aspiring candidates should familiarize themselves with the syllabus and exam pattern to prepare effectively for this competitive examination. The IFSCA Grade A recruitment offers a unique opportunity for professionals to contribute to the development and regulation of international financial services in India. The given column tells us about the detailed IFSCA Grade A Syllabus 2024 & Exam Pattern.

IFSCA Grade A Exam Pattern 2024

IFSCA issued the Exam Pattern along with the official Notification PDF. For the final selection, aspirants will have to qualify for Phase I, Phase II and the Interview round. In each phase, candidates will have to appear for 2 papers. There shall be negative markings for Paper 1 & Paper 2 in Phase I and for Paper 2 in Phase II. All questions in both the Phases, except the test of English will be asked in both Hindi and English language.

IFSCA Grade A Exam Pattern 2024: Phase 1

The Phase I Exam for IFSCA Grade A 2024 Assistant Manager will consist of 2 Papers. To move to the next stage of the recruitment process, candidates need to achieve a 40% overall score. Both Paper 1 and Paper 2 in Phase I will have negative markings, deducting 1/4th of the marks assigned to each question. In Paper 1, candidates must score at least 30%, with no specific sectional cut-off. For Paper 2, the minimum required score is 40%. Candidates need to meet these individual cut-offs as well as the overall 40% aggregate cut-off to qualify for Phase II. However, the marks obtained in Phase I are only used for shortlisting candidates for Phase II and do not count towards the final selection.

Paper 1

IFSCA Grade A Phase 1 Exam Pattern 2024
Subjects No. Of Questions Max Marks Cut off Time Duration
General Awareness(Financial Sector) 25 25 30% 60 Minutes
English Language 25 25
Quantitative Aptitude 25 25
Reasoning 25 25
Total 100 100

Paper 2

IFSCA Exam Pattern 2024
Paper  Subjects No. Of Qs. Max. Marks Cut Off Duration
Paper II

General Stream: MCQs on General Studies 50 100 40% 60 Minutes
Legal Stream: MCQs on Specialised Subjects 100
Aggregate Cut Off 40%

IFSCA Grade A Exam Pattern 2024: Phase II

In the Phase I Exam for IFSCA Assistant Manager, candidates will face two papers. To move on to the next stage of the recruitment process, they must score at least 40% overall. In the Phase II exam, there will be a negative marking system, deducting 1/4th of the marks for each question in Paper 2. To qualify for Phase III, candidates need to meet separate cut-offs for each paper in Phase II and achieve an aggregate cut-off of 40%, with Paper 1 contributing 1/3rd of the total weightage and Paper 2 contributing 2/3rd. Based on these criteria, candidates equaling 3 times the number of vacancies shall be shortlisted, in order of merit, for Phase III which is the Interview round. The list of candidates selected for Interviews will be published on the IFSCA website. Aspirants can check the IFSCA Phase II Exam Pattern below.

Paper 1

IFSCA Phase II Paper 1 Exam Pattern 2024
Section Maximum Marks Time Duration Weightage Cut-Off
Precis Writing 35 60 Minutes 1/3rd 30%
Essay Writing 30
Comprehension 35
Total 100

Paper 2

IFSCA Phase II Exam Pattern 2024
Paper  Subjects No. Of Qs. Max. Marks Cut Off Duration
Paper II

General Stream: MCQs on IFSCA Act, Union Budget, Economic Survey, Banking, Capital Market, Insurance, Pension Funds, Bullion, GIFT
City, GIFT IFSC, IFSCA, Global Financial Centres etc
50 100 40% 60 Minutes
Legal Stream: MCQs on Specialised Subjects 100
Aggregate Cut Off 40%

IFSCA Grade A Exam Analysis 2024, 13th October

IFSCA Grade A Syllabus 2024: Phase I

Phase 1 Syllabus is the same as that of other competitive examinations as the subjects include English Language, Quantitative Aptitude, Reasoning, and General Awareness. In Paper 2, the topics will be related to the Economy and candidates can check the complete list below. Here, we have discussed the section-wise IFSCA Assistant Manager Phase 1 Syllabus 2024.

IFSCA Assistant Manager Syllabus 2024: Phase 1
 English Language
  • Reading Comprehension
  • Vocabulary
  • Synonyms & Antonyms
  • Fillers
  • Error Detection
  • Sentence Rearrangement
  • Word Swap
  • Idioms & Phrases
Quantitative Aptitude
  • HCF and LCM
  • Simplification
  • Approximation
  • Quadratic Equation
  • Percentage
  • Ratio & Proportion
  • Profit & Loss
  • Time & Distance
  • Average
  • Simple Interest
  • Compound Interest
  • Mensuration
  • Problems on Trains
  • Mixtures & Allegation
  • Probability
  • Permutation & Combination
  • Indices and Surds
  • Partnership
  • Boats & Streams
Reasoning
  • Arithmetical Reasoning
  • Puzzle
  • Direction Sense Test
  • Alpha-Numeric Series
  • Logical Reasoning
  • Data Sufficiency
  • Venn Diagrams
  • Analogy
  • Clocks & Calendars
  • Coding Decoding
  • Passage Based Deriving Conclusions
  • Statement – Conclusions
  • Coding-Decoding
  • Number, Ranking & Time Sequence
  • Statement – Arguments

IFSCA Phase I Paper 2 Syllabus 2024

General Awareness
  • General knowledge
  • Current events of national and international importance
  • Economic and social development (sustainable development, poverty, inclusion, and demographics)
  • Commerce
  • Accountancy
  • Management
  • Finance and costing
  • Indian Economy
  • Global Economy
  • Five-year plans
  • Central Government’s initiatives/ Schemes in the financial sector

IFSCA  Grade A Syllabus 2024: Phase II

In Phase 2, there will be a descriptive as well as objective test. Paper 1 will be descriptive in which candidates will have to attempt essay, comprehension, and precis. In Paper 2, multiple choice questions will be asked from the topics discussed here.

  • IFSCA Act
  • Union Budget
  • Economic Survey
  • Banking, Capital Market
  • Insurance
  • Pension Funds
  • Bullion
  • GIFT City
  • GIFT IFSC
  • IFSCA
  • Global Financial Centres

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FAQs

What are the subjects in the IFSCA Syllabus 2024?

The subjects in the IFSCA Syllabus 2024 are Reasoning, Quantitative Aptitude, English Language, General Awareness, etc.

Where can I get the detailed IFSCA Grade A Syllabus 2024?

The detailed IFSCA Grade A Syllabus 2024 is discussed in the given post.

What are the topics included in the IFSCA Phase 1 Paper 2 Syllabus 2024?

In the given article, we have listed down the topics included in the IFSCA Phase 1 Paper 2 Syllabus 2024.

How many papers are there in Phase 1 IFSCA Exam 2024?

There are 2 papers in Phase 1 IFSCA Exam 2024.

Is there negative marking in IFSCA Grade A Exam 2024?

Yes, there is negative marking in IFSCA Grade A Exam 2024.