The IFSCA Assistant Manager Phase II Exam is just getting ready to test your skills on 13 May 2023. You only have 9 days now! Are you up for the challenge? Have you brushed up on everything? Keep in mind, this is a tough exam that will measure your abilities, speed, and accuracy. And you have to do it in a snap. Don’t stress! We have a secret weapon for your exam worries if you need one. In this blog, we will reveal a 9-day mock test challenge that aims to cover all the topics from the IFSCA Phase 2 2023 syllabus with IFSCA Phase 2 2023 Mock Tests for practice with 1 Free Mock Test.
Take 1 Free IFSCA Grade A Phase 2 Mock Test for 2nd May 2023👈
Also Read: IFSCA Grade A Phase 2 2023 Exam-10 Days Mock Test Challenge
IFSCA Grade A Main Online Exam 2023
| Paper | Streams/Subjects | Maximum Marks | Duration | Cut Off | Weightage |
|---|---|---|---|---|---|
| Paper 1 | English (Descriptive Test)(a) Precis Writing – 35 marks(b) Essay writing – 30 marks (c) Comprehension- 35 marks | 100 | 60 minutes | 30% | 1/3rd |
| Paper 2 | Multiple choice questions on subjects like IFSCA Act, Union Budget, Economic Survey, Banking, Capital Market, Insurance, Pension Funds, Bullion, GIFT City, GIFT IFSC, IFSCA, Global Financial Centres, etc. (50 questions X 2 marks each) | 100 | 60 minutes | 40% | 2/3rd |
| Aggregate Cut-Off | 40% |
- Candidates shortlisted for Phase II will receive new Hall Tickets.
- Paper 2 in Phase II has a negative marking (1/4th of the marks assigned to the question).
- Paper 1 has a minimum cut-off of 30% and Paper 2 has a minimum cut-off of 40% in Phase II.
- Candidates must secure separate cut-offs in each paper as mentioned above and an aggregate cut-off of 40% in the Phase II exam (weightage of 1/3rd for Paper 1 and 2/3rd for Paper 2) to be shortlisted for Phase III.
- Candidates equaling three times the number of vacancies shall be shortlisted for Phase III based on merit. A list of candidates shortlisted for Interviews will be made available on the IFSCA website.
Take 1 Free IFSCA Grade A Phase 2 Mock Test for 2nd May 2023👈
IFSCA Phase 2 2023 Exam Pattern
Take a look at the exam pattern for IFSCA Grade A Phase 2:
| IFSCA Grade A Phase 2 | No. of Questions | Duration |
| Paper 1 | 100 | 60 mins |
| Paper 2 | 50 | 60 mins |
Note: Both Phase 1 and Phase 2 online exams will have 2 papers each. The Phase 1 exam will include a negative marking of 0.25 marks for each wrong answer in both paper 1 & 2. The phase 2 exam will have negative marking of 0.25 marks for each wrong answer in paper 2 only. The exam will consist multiple choice questions.
IFSCA Phase 2 2023 Syllabus
To join the IFSCA, candidates have to clear two written exams and an interview. Paper 1 is a multiple-choice English test and Paper 2 is a descriptive test on the chosen domain. Paper 1 is only a qualifying exam and Paper 2 requires at least 50% marks to reach the interview round.
| Paper | Streams / Subject |
| Paper 1 | English Descriptive Test Precise Writing Essay Writing Comprehension |
| Paper 2 | Multiple choice questions on subjects: IFSCA Act Union Budget Economic Survey Banking Capital Market Insurance Pension Funds Bullion GIFT City GIFT IFSC IFSCA Global Financial Centres, etc. |
IFSCA Phase 2 2023 Exam-Best 9 Days Study Plan
| Day | Topics To Cover for Paper 1 & 2 |
| Day 1 | -Practice Precise Writing -Cover IFSCA Take IFSCA Grade A Phase 2 Mock Test 1 + Complete Analysis |
| Day 2 | -Practice Comprehension -Cover Economic Survey Take IFSCA Grade A Phase 2 Mock Test 2 + Complete Analysis |
| Day 3 | -Practice Comprehension -Cover Capital Market and Union Budget Take IFSCA Grade A Phase 2 Mock Test 3 + Complete Analysis |
| Day 4 | -Cover Insurance and Capital Market -Act Cover Union Budget Take IFSCA Grade A Phase 2 Mock Test 4 + Complete Analysis |
| Day 5 | -Cover Pension Funds -Cover Banking and Economic Survey Take IFSCA Grade A Phase 2 Mock Test 5 + Complete Analysis |
| Day 6 | Cover Bullion and IFSCA Act |
| Day 7 | Cover GIFT City Take IFSCA Grade A Phase 2 Mock Test 6 + Complete Analysis |
| Day 8 | Cover Pension Funds Take IFSCA Grade A Phase 2 Mock Test 7 + Complete Analysis |
| Day 9 | Cover Pension Funds and Banking Cover IFSCA Act |
Also read: IFSCA Phase 2 2023 Exam-Best 20 Days Study Plan & IFSCA Grade A Phase 2 2023 Exam-Best 12 Days Mock Test Challenge
GET FREE IFSCA Grade A 2023 Mock Test & Revise @ Rocket Speed👈
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Mock Tests: The Secret Weapon for IFSCA Exam Success
Mock Tests are the best practice tools for ultimate revision. By taking the latest IFSCA Mock Test you can:
- Get ready for the real exam by practicing with the same format and question types.
- Sharpen your writing skills on financial topics for Paper 1, the descriptive test that will assess your knowledge and communication.
- Master the skills of English, math, reasoning, awareness, and professional knowledge for Paper 2, the objective test that will challenge your aptitude and intelligence.
- Increase your speed and accuracy, the key factors for finishing the exam on time.
- Discover your strengths and weaknesses, and work on the areas that need more attention.
- Build your confidence and prepare yourself to face any question that comes your way on exam day.
- Get detailed analysis and feedback, and learn from your mistakes to improve your performance.
- Explore a variety of questions on subjects like IFSCA Act, Union Budget, Economic Survey, Banking, Capital Market, Insurance, Pension Funds, Bullion, GIFT City, GIFT IFSC, IFSCA, Global Financial Centres, etc.
- Review the important concepts and facts that are likely to be asked in the exam.
- Experience the real exam environment by taking mock tests that simulate the actual exam conditions.
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- Sign Up Here to Download Free Study Material
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