{"id":40964,"date":"2023-05-02T18:09:28","date_gmt":"2023-05-02T12:39:28","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=40964"},"modified":"2023-05-02T18:09:28","modified_gmt":"2023-05-02T12:39:28","slug":"ifsca-grade-a-examination-all-details","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/ifsca-grade-a-examination-all-details\/","title":{"rendered":"IFSCA Grade &#8211; A Examination &#8211; All Details"},"content":{"rendered":"\n<p>IFSCA Exam Grade A Examination is conducted for the post of Assistant Managers by the International Financial Services Centres Authority (IFSCA). IFSCA is a statutory regulatory body established with a view to developing and regulating the financial services market in the International Financial Services Centres in India. The official notification for 20 Vacancies has already been released on the website on 11th of Feb 2023. Click the link below to visit the site <\/p>\n\n\n\n<p class=\"has-text-align-center has-white-color has-vivid-cyan-blue-background-color has-text-color has-background\"><a href=\"https:\/\/ifsca.gov.in\/Document\/Career\/ifsca-advertisement-10022023-final13022023104201.pdf\" rel=\"nofollow\">IFSCA Grade A Official Notification Advertisement<\/a><\/p>\n\n\n\n<p>&nbsp;Let\u2019s throw a bird\u2019s eye view at the whole process of examination.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/practicemock.com\/ifsca-grade-a\/?ref=6992\"><img loading=\"lazy\" decoding=\"async\" width=\"3000\" height=\"375\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2023\/05\/IFSCA_Grade-A_020523-2-1.png\" alt=\"IFSCA Grade A Examination - All Details\" class=\"wp-image-41067\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\">IFSCA Grade A Examination Pattern<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Eligibility<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Educational Qualification:&nbsp;<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>a) Master\u2019s Degree with specialization in Statistics\/ Economics\/ Commerce\/ Business Administration (Finance) \/ Econometrics.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>b) Bachelor\u2019s degree in Information Technology\/ Computer Science\/ Master\u2019s in Computer Application\/ Information Technology.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>c) Bachelor\u2019s degree in commerce with CA, CFA, CS, ICWA.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Bachelor\u2019s degree in Law or in any other discipline from a recognized University.<\/li><\/ul>\n\n\n\n<p>A Post Graduate Diploma in any discipline recognized as equivalent to a Master&#8217;s Degree in that discipline by Govt. of India is acceptable.<\/p>\n\n\n\n<h2 class=\"has-text-align-center has-vivid-cyan-blue-color has-text-color has-background wp-block-heading\" style=\"background-color:#f7bac9\"><a href=\"https:\/\/practicemock.com\/ifsca-grade-a\/?ref=6992\">Take a FREE Mock Test of IFSCA Grade A &amp; Get Your AIR<\/a><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Age: <\/strong><\/h4>\n\n\n\n<p>The age limit is 30 yrs. There are relaxations for OBC\/SC\/ST\/PwBD as per government guidelines.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Nationality: <\/strong><\/h4>\n\n\n\n<p>The candidate should be a citizen of India.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Syllabus<\/h3>\n\n\n\n<p>Syllabus of IFSCA Grade A Examination consists of Phase I, Phase II and Phase III  which is interview. For Phase I and Phase II, the mode of examination is online.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Phase I<\/h4>\n\n\n\n<p><strong>Phase <\/strong>I consists of 2 papers. The pattern is as follows:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/practicemock.com\/ifsca-grade-a\/?ref=6992\"><img loading=\"lazy\" decoding=\"async\" width=\"3000\" height=\"375\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2023\/05\/IFSCA_Grade-A_020523-2-1.png\" alt=\"IFSCA Grade A Examination - All Details\" class=\"wp-image-41067\"\/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Paper 1: Multiple-choice Question<\/strong><\/td><\/tr><tr><\/tr><tr><td>Topics<\/td><td>No of Questions<\/td><td>Marks<\/td><\/tr><tr><\/tr><tr><td>General Awareness<\/td><td>25<\/td><td>1 mark each<\/td><\/tr><tr><\/tr><tr><td>English language<\/td><td>25<\/td><td>2 mark each<\/td><\/tr><tr><\/tr><tr><td>Quantitative Aptitude<\/td><td>25<\/td><td>3 mark each<\/td><\/tr><tr><\/tr><tr><td>Test of Reasoning<\/td><td>25<\/td><td>4 mark each<\/td><\/tr><tr><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Paper 2: Multiple-choice questions<\/strong>  (Total 50 Questions 2 marks each)<\/td><\/tr><tr><\/tr><tr><td>General knowledge<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Current events of national and international importance<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Economic and social development (sustainable development, poverty, inclusion, and demographics),<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Commerce<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Accountancy<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Management<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Finance and costing<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Indian Economy<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Global Economy<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Five Year Plans<\/td><\/tr><tr><\/tr><tr><\/tr><tr><td>Central Government\u2019s initiatives\/ Schemes in the financial sector.<\/td><\/tr><tr><\/tr><tr><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"has-text-align-center has-vivid-cyan-blue-color has-text-color has-background wp-block-heading\" style=\"background-color:#f7bac9\"><a href=\"https:\/\/practicemock.com\/ifsca-grade-a\/?ref=6992\">Take a FREE Mock Test of IFSCA Grade A &amp; Get Your AIR<\/a><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Phase II<\/h2>\n\n\n\n<p>Only shortlisted students will be eligible for the Phase II examination. The 2nd phase consists of two papers. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>In the 1st paper candidate&#8217;s command of written English is assessed and is descriptive.<\/li><li>The 2nd paper consists of multiple-choice questions. In this paper candidates&#8217; knowledge of General Awareness regarding finance is evaluated.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Paper<\/strong>s<\/td><td><\/td><td><strong>Maximum Marks<\/strong><\/td><td><strong>Duration<\/strong><\/td><td><strong>Cut Off<\/strong><\/td><td><strong>Weightage<\/strong><\/td><\/tr><tr><\/tr><tr><td>Paper 1<\/td><td>English (Descriptive Test)<br>(a) Precis Writing \u2013 35 marks<br>(b) Essay writing \u2013 30 marks<br>(c) Comprehension- 35 mark<\/td><td>100<\/td><td>60 minutes<\/td><td>30%<\/td><td>1\/3rd<\/td><\/tr><tr><\/tr><tr><\/tr><tr><\/tr><tr><\/tr><tr><td>Paper 2<\/td><td>Multiple-choice questions on subjects like<br>IFSCA Act, Union Budget, Economic Survey,<br>Banking, Capital Market, Insurance, Pension<br>Funds, Bullion, GIFT City, GIFT IFSC, IFSCA,<br>Global Financial Centres etc.<br>(50 questions X 2 marks each)<\/td><td>100<\/td><td>60 minutes<\/td><td>40%<\/td><td>2\/3rd<\/td><\/tr><tr><\/tr><tr><\/tr><tr><\/tr><tr><\/tr><tr><td><\/td><td><strong>Total Cut Off<\/strong><\/td><td><strong>40%<\/strong><\/td><td><\/td><\/tr><tr><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/practicemock.com\/ifsca-grade-a\/?ref=6992\"><img loading=\"lazy\" decoding=\"async\" width=\"3000\" height=\"375\" src=\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2023\/05\/IFSCA_Grade-A_020523-2-1.png\" alt=\"IFSCA Grade A Examination - All Details\" class=\"wp-image-41067\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Interview<\/h2>\n\n\n\n<p>Only shortlisted candidates will be called for the interview. The weightage of marks obtained in Phase II will be 85%, while marks obtained in the interview shall be given a weightage of 15%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Pay Scale for IFSCA Grade A <\/h2>\n\n\n\n<p>The pay scale for IFSCA Grade A officers is Rs. 44500- 2500 (4)- 54500- 2850 (7)- 74450- EB- 2850 (4)- 85850- 3300 (1)- 89150 (17 years). The gross pay is Rs. 1,43,000\/- per month.<\/p>\n\n\n\n<h2 class=\"has-text-align-center has-vivid-cyan-blue-color has-text-color has-background wp-block-heading\" style=\"background-color:#f7bac9\"><a href=\"https:\/\/practicemock.com\/ifsca-grade-a\/?ref=6992\">Take a FREE Mock Test of IFSCA Grade A &amp; Get Your AIR<\/a><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Takeaways<\/h2>\n\n\n\n<p>The first phase of the IFSCA Grade A Examination 2023 is over. The second phase of the examination is scheduled for 13 May 2023. Reading newspapers like The Economic Times can be highly beneficial. In this phase the focus will be on  descriptive English &amp; General Awareness regarding Finance. However, in a short span of time, regular practice of MCQs &amp; assessments along with regular mock tests can speed up your preparation. Try our <a href=\"https:\/\/practicemock.com\/ifsca-grade-a\/?ref=6992\">FREE Mock Test for IFSCA Grade A Examination.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FAQs concerning IFSCA Grade A Examination<\/h2>\n\n\n\n<p><strong>Q. Is there any negative marking in IFSCA Grade A Examination?<\/strong><\/p>\n\n\n\n<p>A. Yes, there is negative marking in IFSCA Grade A Examination. For objective questions, in the first phase of examination, it&#8217;s 1\/3rd of the marks assigned to the question while in the second phase, 2\/3rd of the marks is deducted. For English descriptive paper in the second phase of examination it&#8217;s 1\/3rd of the marks assigned to the question.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The second phase of IFSCA Grade A examination is scheduled for 13 May 2023. Try our FREE Mock Tests to prepare in a short span of time.<\/p>\n","protected":false},"author":15,"featured_media":41068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[2598],"tags":[2810,2811,2812,2813],"class_list":["post-40964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ifsca-grade-a","tag-ifsca-grade-a-2023","tag-ifsca-grade-a-2023-eligibility","tag-ifsca-grade-a-2023-exam-pattern","tag-ifsca-grade-a-2023-notification"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IFSCA Grade - A Examination - All Details - Practicemock<\/title>\n<meta name=\"description\" content=\"The second phase of IFSCA Grade A examination is scheduled for 13 May 2023. 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Try our FREE Mock Tests to prepare in a short span of time.","_links":{"self":[{"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/posts\/40964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/comments?post=40964"}],"version-history":[{"count":0,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/posts\/40964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/media\/41068"}],"wp:attachment":[{"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/media?parent=40964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/categories?post=40964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.practicemock.com\/blog\/wp-json\/wp\/v2\/tags?post=40964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}