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IFSCA Grade A Exam Analysis 2024, 1 September Exam Review

The International Financial Services Centres Authority (IFSCA) Grade A 2024 exam is a great opportunity for aspirants seeking a career in financial regulation. The Phase 1 exam, held on 1 September 2024, was the first stage candidates had to clear in their journey towards securing a prestigious position as an Assistant Manager. In this article, we are providing the IFSCA Grade A Exam Analysis 2024, covering the exam pattern, section-wise review, and difficulty level.

IFSCA Grade A Exam Analysis 2024

The IFSCA Grade A  exam is conducted in multiple phases, with Phase 1 being an online examination that serves as a screening test. This phase is crucial as it determines which candidates will advance to the next stage of the selection process. As per the candidates’ feedback, the questions asked in the IFSCA Grade A exam were of moderate difficulty.

IFSCA Grade A Prelims Exam Analysis 2024, 1 September: Difficulty Level

The overall difficulty level of the IFSCA Grade A 2024 Phase 1 exam was Moderate. The Reasoning and Quantitative Aptitude sections posed a challenge for some candidates, primarily due to the time-consuming nature of the questions. The English Language section was easier, providing a chance for candidates to score well. The General Awareness section, though moderate, required thorough preparation, particularly in financial awareness.

IFSCA Grade A Phase 1 Exam Analysis 2024, 1 September: Difficulty Level
Paper Section Difficulty Level
Paper 1 General Awareness Moderate
English Language Easy
Quantitative Aptitude Easy to Moderate
Reasoning Easy to Moderate
Paper 2 General Stream Moderate
Overall Moderate

IFSCA Grade A Phase 1 Exam Analysis 2024: Section-wise Analysis

The IFSCA Grade A 2024 Phase 1 exam was a well-balanced test, challenging candidates across various sections. While the Reasoning and Quantitative Aptitude sections tested candidates’ problem-solving skills under time pressure, the English and General Awareness sections provided opportunities to score.

IFSCA Grade A Prelims Exam Analysis 2024: Reasoning

IFSCA Grade A Phase 1 Exam Analysis 2024 for the Reasoning Ability section has been mentioned below.

  • Seating Arrangement(8 Persons, Single Row, Facing North)-5 Questions
  • Circular Seating Arrangement(4 Facing Inside, 4 Facing Outside)-5 Questions
  • Inequalities(3 Conclusions were given)-3 Questions
  • Pair Formation-BRIGHT
  • Digit Based Question
  • Direction Based-4 Questions
  • Blood Relation-2 Questions

IFSCA Grade A Phase 1 Exam Analysis 2024: General Awareness

The list of questions asked in the General Awareness section of the IFSCA Grade A Prelims Exam 2024 is mentioned below.

  • Human Development Index
  • Beti Padhao, Beti Bachao
  • ICC Ambassador
  • GDP Forecast For Financial Year 2023

IFSCA Grade A Exam Analysis 2024: English Language

To learn the English language questions asked in the Prelims Exam of IFSCA Grade A 2024 candidates, refer to the section below.

  • Word Swap-5 Questions
  • Reading Comprehension-7 Questions
  • Double Fillers-3 Questions
  • One Word Substitution-4 Questions
  • Spot The Error-5 Questions
  • One Word Rearrangement

IFSCA Grade A Prelims Exam Analysis 2024: Quantitative Aptitude

Candidates can check below the IFSCA Grade A Phase 1 Exam Analysis 2024 for the Quantitative Aptitude section.

  • Approximation-5 Questions
  • Missing Number Series-5 Questions
  • Caselet DI- 5 Questions
  • Arithmetic(Boat & Stream, Percentage, Profit & Loss, Ratio, Partnership, etc.)

IFSCA Grade A Phase I Exam Analysis 2024, Paper II

The Paper II Exam Review for the IFSCA Grade A Phase I Exam 2024 has been discussed below.

  • MUDRA Scheme
  • Stand Up
  • T Bills Tenure
  • Cash Management Bills Tenure
  • Sovereign Gold Bill Tenure
  • Partnership Act Tenure
  • ISRO
  • PV Ratio
  • Current Ratio
  • Self-Help Groups
  • Communication

IFSCA Grade A Phase I Exam Pattern 2024

The Phase 1 exam consisted of multiple sections designed to test candidates’ aptitude, reasoning ability, and knowledge of general awareness, with a special focus on the financial sector. The exam pattern for Phase 1 is as follows:

IFSCA Grade A Phase 1 Exam Pattern 2024
Papers Subjects No. Of Qs. Max Marks Duration
Paper 1 General Awareness 25 25 60 Minutes
English Language 25 25
Quantitative Aptitude 25 25
Reasoning 25 25
Total 100 100
Paper II General Stream: MCQs on General Studies 50 100 60 minutes
Legal Stream: MCQs on Specialised Subjects 100

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FAQs

Where can I get the detailed IFSCA Grade A Exam Analysis 2024, 1 September Phase 1?

Candidates can get the detailed IFSCA Grade A Exam Analysis 2024, 1 September Phase 1 in this column.

What was the difficulty level of the IFSCA Grade A Phase 1 Exam 2024?

The difficulty level of the IFSCA Grade A Phase 1 Exam 2024 was Moderate.