IFSCA Grade A Exam Date 2024, Know Dates for Phase 1 & Phase 2

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IFSCA Grade A Exam Date

IFSCA Grade A Exam Dates has been released along with the official notification. Aspiring candidates must be aware of the exam dates of all the stages of the IFSCA Grade A examination. For the exact Phase 1 Exam Date, Phase 2 & Interview Exam Dates, a separate notice is released on the official website of IFSCA.

IFSCA Course

IFSCA Grade A Exam Date 2024 – Overview

It is very essential to have a complete overview of the exam before moving on to the IFSCA Grade A Exam Dates. Below are the basic details for the IFSCA Grade A Exam. 

ParticularsDetails
Exam NameIFSCA Grade A Exam 2024
PostAssistant Manager
Educational QualificationGraduation/ Post Graduation
Selection ProcessPhase 1, Phase 2 & Interview
Application FeesRs. 1000 for General/OBC/EWS and Rs. 100 for SC/ST/PWD
Official WebsiteIFSCA

IFSCA Grade A Exam Date 2024

The important dates along with the IFSCA Grade A Exam Dates 2024 are mentioned in the table below:

EventsExam Dates (2024)
IFSCA Grade A Admit Card To be Updated
IFSCA Grade A Exam Date Phase-1May/June 2024
IFSCA Grade A Exam Date Phase-2June/July 2024
IFSCA Grade A InterviewTo be Updated

Download IFSCA Grade A Study Plan PDF

Related LinksRelated LinksRelated Links
IFSCA Grade A NotificationIFSCA Grade A Application FormIFSCA Grade A Syllabus & Exam Pattern
IFSCA Grade A Admit CardIFSCA Grade A SalaryIFSCA Grade A Eligibility Criteria
IFSCA Grade A ResultIFSCA Grade A Previous Year PapersIFSCA Grade A Selection Process

IFSCA Grade A Exam Pattern 2024

IFSCA Grade A Recruitment will be conducted in the following 3 phases-

  1. Phase 1: Online Exam (Preliminary)
  2. Phase 2: Online Exam (Mains)
  3. Phase 3: Interview

The following is the exam pattern for the online exams:

IFSCA Grade A Phase 1 Exam Pattern 2024

Check the pattern below in detail:

PaperStream/SubjectsMaximum MarksDurationCut Off
Paper 1Multiple choice questions:
(a) General Awareness (financial sector) –25 questions X 1 mark each
(b) English language –25 questions X 1 mark each
(c) Quantitative Aptitude –25 questions X 1 mark each
(d) Test of Reasoning-25 questions X 1 mark each
10060 minutes30%
Paper 2For General Stream
Multiple choice questions on General knowledge, Current events of national and international importance, Economic and social development (sustainable development, poverty, inclusion, and demographics), Commerce, Accountancy, Management, Finance and costing, Indian Economy, Global Economy, Five-year plans, Central Government’s initiatives/ Schemes in the financial sector. (50 questions X 2 marks each) 
10060 minutes40%
Paper 2Legal Stream
Multiple choice questions on Specialized subject related to stream
10060 minutes40%
Aggregate Cut-Off – –– 40%
  1. There shall be negative marking (1/4th of marks assigned to the question) for Paper 1 and Paper 2 in Phase I.
  2. There shall be a cut-off of a minimum of 30% for Paper 1 (no sectional cut-off shall be there) and a cut-off of a minimum of 40% for Paper 2 in Phase I.
  3. Candidates would need to secure a separate cut-off in each paper as mentioned as well as aggregate cut-off marks of 40% in the Phase I exam to be shortlisted for Phase II. Marks obtained in Phase I shall be used only for shortlisting the candidates for the Phase II examination process and will not be counted for the final selection of the candidates.

For the complete preparation of IFSCA, we have come up with IFSCA Grade A Online Courses 2024 where we have covered everything that an aspirant needs, so do not forget to check it out.

IFSCA Grade A Phase 2 Exam Pattern 2024

The mains exam will be divided into two papers i.e. Paper 1 & Paper 2. Check out the detailed exam pattern below:

PaperStreams/SubjectsMaximum MarksDurationCut OffWeightage
Paper 1English (Descriptive Test)
(a) Precis Writing – 35 marks
(b) Essay writing – 30 marks 
(c) Comprehension- 35 marks
10060 minutes30%1/3rd
Paper 2Multiple 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) 10060 minutes40%2/3rd
Paper 2Legal Stream
Multiple choice questions on Specialized subject related to stream
10060 minutes40%2/3rd
Aggregate Cut-Off –– – 40%– 
  1. There shall be a negative marking (1/4th of marks assigned to the question) for Paper 2 in Phase II
  2. Candidates would need to secure separate cut-offs in each paper as mentioned and aggregate cut-off marks 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.
  3. Subject to the criteria mentioned above, candidates equaling 3 times the number of vacancies shall be shortlisted, in order of merit, for Phase III i.e. the Interview. A list of candidates shortlisted for Interviews will be made available on the IFSCA website.

Download IFSCA Grade A PYQ PDF

IFSCA Grade A Interview 2024

Only the shortlisted candidates will be called for the interview. The application fee shall not be refunded to the candidates not shortlisted for Phase II and 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%.

Related LinksRelated LinksRelated Links
IFSCA Grade A Study MaterialIFSCA Grade A Study PlanIFSCA Grade A Exam Analysis

IFSCA Grade A Exam Date 2024 FAQs

Q1. When will the IFSCA Grade A Exam for Phase 1 be conducted?

The IFSCA Grade A Phase 1 Exam Date will be announced soon. It will be held in May/June 2024.

Q2. Is IFSCA Grade A Exam Date for Phase 2 Out?

No, the IFSCA Grade A Exam Date for Phase 2 is not out but it will be held in June/July 2024.

Q3. How many papers are there in the IFSCA Phase 1 Exam?

There are two papers of 100 marks each.

Q4. When will the IFSCA Grade A Interview be conducted?

The Interviews date will be announced after the conduction of Phase 2 Exam.

Q5. Can I choose my preferred exam center for the IFSCA Grade A Exam 2024?

Yes, you can indicate your preferred exam center while filling out the application form for IFSCA Grade A Exam 2024, subject to availability.


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