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IFSCA Grade A Study Material

The candidates who are preparing for the upcoming IFSCA Grade A Exam must be very curious 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 Course

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 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:

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%

Download IFSCA Grade A Study Plan PDF

How Can We Prepare for IFSCA Grade A Phase 1 & Phase 2 Exam?

Well, the experts have curated an IFSCA Grade A Online Course & Learn Plan which is completely dedicated to Phase 1 & Phase 2 Preparation. You can check out the same in the below sub-section.

IFSCA Grade A Study Material: Complete Course

Well, in this plan you get the following benefits:

  • 80+ Video Sessions covering Economic and Social Development, Commerce, Accountancy, Management, Finance and Costing, Indian & Global Economy, 5 year Plans, IFSCA Act, GIFT City, Banking, Capital Market, Insurance & Pension Funds, Bullion, Global Financial Centers etc.
  • Special Sessions for English Descriptive Answer Writing for Phase II
  • 90+ Video & Practice Sessions covering Phase I Paper 1
  • Live & Recorded Sessions for Current Affairs including Financial Initiatives, Government Schemes, Budget, Survey etc.
  • Capsules for each month (PIB and Government Schemes), GA monthly current affairs & Complete Coverage which includes Union Budget, Economic Survey, Government Schemes, Other Important Reports, Monetary & Fiscal Policies and Banking & Financial Awareness.
  • 80+ Detailed Notes for Economic and Social Development, Commerce, Accountancy, Management, Finance and Costing, Indian & Global Economy, 5 year Plans, IFSCA Act, GIFT City, Banking, Capital Market, Insurance & Pension Funds, Bullion, Global Financial Centers etc.
  • For Phase I: 5 Paper 1 & 5 Paper 2 Full Length Mock Tests
  • For Phase II: 5 Paper 2 Full Length Mock Tests
  • 5 Sectional tests for each specialised Paper 2 subject (both Phase 1 and Phase 2)
  • 5 English Descriptive Tests for Ph II with Expert Evaluation

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 Study Material: Learn Plan

Well, in this plan you get the following benefits:

  • For Phase I: 5 Paper 1 & 5 Paper 2 Full Length Mock Tests
  • For Phase II: 5 Paper 2 Full Length Mock Tests
  • 5 English Descriptive Tests for Ph II with Expert Evaluation
  • 5 Sectional tests for each specialised Paper 2 subject (both Phase 1 and Phase 2)
  • Current Affairs Capsules covering ESI, PIB and Government Schemes, Monetary, Fiscal Policies, Banking & Financial Awareness
  • Detailed Notes covering complete Syllabus

You must also note that you can access this learn plan till the end of the IFSCA Grade A Phase 2 Exam. Before moving on to other IFSCA Grade A Study Materials, let us check out the exam pattern for Phase 2.

Check out IFSCA Grade A Learn Plan & Online Course Here

IFSCA Grade A Exam Pattern 2024 – Phase 2

IFSCA Grade A Phase 2 Exam Pattern is divided into two papers where Paper 1 will be of English and it will be descriptive in nature. Paper 2 will be MCQ relevant to the stream. The phase 2 exam pattern have been discussed in detail 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%– 

Other 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 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 which are required for every regulatory exam from the below-given link.

Download IFSCA Grade A PYQ PDF

Download FREE Ebooks on Government Schemes for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA

FREE Ebooks on General Awareness, ESI, FM & Miscellaneous Topics for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA – Download

The syllabus of all the regulatory exams is somewhat similar, so practicing and learning from other exam-specific ebooks are also beneficial in the preparation. Here, we have compiled all the latest ebooks that will help you ace the exam.


Download FREE Ebooks on QRE (Quantitative Aptitude, Reasoning, English) for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA

Download all the ebooks for FREE and enhance your preparation.

Quantitative Aptitude Ebooks

Reasoning Ebooks

English Language Ebooks


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