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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 |
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Quantitative Aptitude |
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Reasoning |
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IFSCA Phase I Paper 2 Syllabus 2024 |
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General Awareness |
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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
Related Post | |
IFSCA Grade A Admit Card 2024 | IFSCA Assistant Manager Salary 2024 |