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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 |