SEBI Grade A – An Overview

What is SEBI?

Securities and Exchange Board of India (SEBI) is the regulatory body for the securities and commodity markets in India under the ownership of the Ministry of Finance within the Government of India. Its main functions are to protect the interests of investors in securities, promote the development of the securities market, and regulate the securities market and related matters. 

The Pattern of Examination for SEBI Grade A

The SEBI Grade A examination is conducted for the recruitment of officers in various streams of SEBI, such as General, Legal, Information Technology, Engineering, Research and Official Language. Candidates can apply for a maximum of two streams based on their educational qualifications.

For the year 2023, the Notification for the SEBI Grade A Examination is yet to be released on the official website.

Eligibility for SEBI Grade A Examination

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Educational Qualification:

Minimum educational qualification depends on the stream they are applying for. 

• For the General stream, the candidates should have a Master’s degree in any discipline or Bachelor’s degree in Law/Engineering, or CA/CFA/CS/Cost Accountant.

• For the Legal stream, the candidates should have a Bachelor’s degree in Law.

• For the Information Technology stream, the candidates should have a Bachelor’s degree in Engineering (Electrical/Electronics/Electronics and Communication/Information Technology/Computer Science) or a Master’s degree in Computer Application or Bachelor’s degree in any discipline with a postgraduate qualification in Computers/Information Technology.

Age limit

The age limit for the post is 30 years as on a specified date. There is a relaxation of the age limit for candidates belonging to different categories, such as SC/ST (5 years), OBC (3 years), PwBD (10-15 years), Ex-Servicemen (5 years), etc.

Nationality

The candidate should be a citizen of India.

Syllabus for SEBI Grade A Examination

The SEBI Grade A selection procedure consists of three phases. The mode of examination is online.

The candidate should be a citizen of India.

Phase 1: MCQ/Objective

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• Phase one consists of two papers of 100 marks each and different durations depending on the stream.

• Paper 1 entails General Awareness, English Language, Quantitative Aptitude and the Test of Reasoning for all streams.
• Paper 2 consists of subjects related to the specific stream applied for, such as Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics, Legal, Information Technology, Engineering, etc.

• There is a negative marking of 1/4th marks for each wrong answer.

Phase 2: MCQ + Descriptive

• It has two papers of 100 marks each. Exam duration depends on the stream.
  • Paper 1 is a descriptive test of English writing skills, such as essay, précis and comprehension for all streams.
  • Paper 2 is an objective test of subjects related to the specific stream applied for, such as the Financial Sector, Securities Market, Legal Aspects and Information Technology.

Phase 3: Interview

Only after clearing the Phase 2 examination are candidates called for the interview round.

Notification for the SEBI Grade A Examination hasn’t been released on the official website.

Cut off for the SEBI Grade A Examination

Cut off for the SEBI Grade A Examination

Phase 1 online examination (Objective):

• Paper 1: 30% sectional cut-off and 40% overall cut off

• Paper 2: 40% sectional cut-off and 50% overall cut off

Phase 2 online examination (Objective + Descriptive):

• Paper 1: 30% sectional cut-off and 50% overall cut off

• Paper 2: 40% sectional cut-off and 50% overall cut off

Phase 3 interview: 15% weightage in the final selection

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Negative Marking

• In the first phase, there is a negative marking of 1/4th mark for each wrong answer.
• In the second phase, there is a negative marking for both objective and descriptive questions.

Salary Structure of SEBI Grade A Examination

The initial pay scale for SEBI Grade A Officer was revised to Rs. 44,500 from Rs. 28,150.
The salary at the time of joining is Rs. 19,900 per month. The candidates who are selected in the SEBI Grade A are paid a handsome salary, the salary structure for which ranges from Rs. 1,07,000 without accommodation and Rs. 73,000 with accommodation.
The increments and incentives will also add to the salary structure.

Takeaways

The SEBI Grade A Examination is conducted for the recruitment of officers and the difficulty level of the exam is moderate. In all good conscience, with the right guidance and strategy the exam is not a hard nut to crack. To evaluate yourself you may go to our link for Free Mock Test.

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