IFSCA Grade A Study Material
The candidates who are preparing for the upcoming IFSCA Grade A Exam must be very eager to know how can they prepare for the exam in a systematic way. Well, it is quite essential to have a structured process to prepare for the IFSCA Grade A Exam as the number of vacancies is less but the level of competition is high. Preparing for the IFSCA Grade A exam requires comprehensive study material that covers all aspects of the syllabus. Go through the complete article to get complete details on IFSCA Grade A Study Material.
IFSCA Grade A Exam Pattern 2024
To start your preparation, you must be first aware of the exam pattern in detail. This year, IFSCA has slightly changed the pattern of the Phase 2 exam. Check out the complete pattern of both the phases below:
IFSCA Grade A Exam Pattern 2024 – Phase 1
The Phase 1 exam is divided into two papers where paper 1 will be common for all the streams and paper 2 will be specific to the streams. Check the IFSCA Grade A Phase 1 detailed pattern below:
- For both Paper 1 & Paper 2, the maximum marks are 100 marks each.
- For Paper 1, the cut off is 30% and for paper 2 of both streams, the cut off is 40% each.
- The duration for both the papers remain same. The duration is 60 minutes each for Paper 1 & Paper 2.
- The aggregate cut off percentage for both Paper 1 & 2 is 40%.
- In Paper 1, for each section 25 questions are asked for 1 marks each.
- For Paper 2 of General Stream, 50 questions are asked for 2 marks each.
| Papers | Subjects |
| Paper I (Common for both the streams) | MCQs GA (financial sector) English language Quantitative Aptitude Test of Reasoning- |
| Paper II | General Stream MCQs on General knowledge, Current events of national and international importance, Economic & social development (sustainable development, poverty, inclusion, and demographics), Commerce, Accountancy, Management, Finance & costing, Indian Economy, Global Economy, 5 year plans, Central Govt’s initiatives/ Schemes in the financial sector. Legal Stream MCQs on Specialized subject related to stream |
IFSCA Grade A Exam Pattern 2024 – Phase 2
- The duration for both the papers is 60 minutes each.
- The maximum marks are 100 marks each for both Paper 1 & Paper 2.
- For Paper 1, the cut off is 30% and for paper 2 of both streams, the cut off is 40% each.
- For Paper 1, the weightage is 1/3rd and for paper 2 of both streams, the weightage is 2/3rd each.
- The aggregate cut off for both Paper 1 & 2 is 40%.
| Papers | Subjects |
| Paper I (Common for both streams) | English (Descriptive Test) Precis Writing – 35 marks Essay writing – 30 marks Comprehension- 35 marks |
| Paper II | General Stream MCQs 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) Legal Stream MCQs on Specialized subject related to stream |
IFSCA Grade A Books
You must be looking for IFSCA Grade A Books to give your preparation a boost, so we have come up with the complete list in the table below:
| Subjects | IFSCA Grade A Books |
| General Awareness | Lucent’s General Knowledge Manorama Yearbook The Hindu or The Indian Express (Daily reading) |
| Reasoning Ability | A Modern Approach to Verbal & Non-Verbal Reasoning by R.S. Aggarwal |
| Quantitative Aptitude | Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal |
| English Language | Objective General English by S.P. Bakshi |
| Financial Sector Awareness | Indian Economy by Ramesh Singh Financial Awareness for Competitive Exams by Disha Experts |
| Economics and Finance | Economics by Paul Samuelson Finance for Non-Finance People by Vishal Thakkar |
| Legal & Regulatory Framework | Introduction to the Constitution of India by D.D. Basu Bare Acts for important financial laws |
Important IFSCA Grade A Study Material
Well, apart from the above-mentioned study plans, the candidates must also check out the following IFSCA Grade A Study Material.
Mock Tests: There are several benefits of attempting IFSCA Grade A mock tests. It increases your speed and accuracy. These also reduce the time spent on one question, enhance your knowledge, and improve your ability to tackle pressure.
Ebooks: For descriptive tests, and paper 2 of both Phases, various IFSCA Grade A Ebooks are available. You can also check out some common ebooks that are required for every regulatory exam from the below given link.
Download IFSCA Grade A PYQ PDF
IFSCA Grade A Information Handouts
Along with the call letter, IFSCA releases the information handouts as well. You can download the IFSCA Grade A Information Handouts in your preferred language from the table below for Phase 1&2:
| Particulars | PDFs |
| IFSCA Grade A Phase 1 Information Handout in English | Download Here |
| IFSCA Grade A Phase 1 Information Handout in Hindi | Download Here |
| IFSCA Grade A Phase 2 Information Handout in English | Download Here |
| IFSCA Grade A Phase 2 Information Handout in Hindi | Download Here |
If you want to download all ebooks for IFSCA and other regulatory exams then do check out Regulatory Exams Ebooks.
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