IFSCA Grade A Syllabus & Exam Pattern 2024 for Phase 1 & Phase 2

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IFSCA Grade A Syllabus

IFSCA Grade A Syllabus & IFSCA Grade A Exam Pattern are mentioned in the official notification. It is very important to know the syllabus and exam pattern well in advance so that the candidates can move their preparation in the right direction using the right strategies. In this blog, we have covered both the IFSCA Grade A Syllabus & IFSCA Grade A Exam Pattern in detail for both phases.

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IFSCA Grade A Exam Pattern 2024

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

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

The following is the exam pattern for the online exams:

IFSCA Grade A Exam Pattern 2024 – Prelims

Check the pattern below in detail:

Paper	Stream/Subjects	Maximum Marks	Duration	Cut Off
Paper 1	Multiple 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	100	60 minutes	30%
Paper 2	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)	100	60 minutes	40%
Aggregate Cut-Off				40%

There shall be negative marking (1/4th of marks assigned to the question) for Paper 1 and Paper 2 in Phase I.
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.
Candidates would need to secure a separate cut-off in each paper as mentioned in (ii) above 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.
Subject to the criteria mentioned in (iii) above, all the candidates who clear Phase I shall be shortlisted for Phase II. A list of candidates shortlisted for Phase II will be made available on the IFSCA website.

Related Links	Related Links	Related Links
IFSCA Grade A Notification	IFSCA Grade A Application Form	IFSCA Grade A Admit Card
IFSCA Grade A Exam Date	IFSCA Grade A Salary	IFSCA Grade A Eligibility Criteria
IFSCA Grade A Result	IFSCA Grade A Selection Process	IFSCA Grade A Previous Year Papers

IFSCA Grade A Exam Pattern 2024 – Mains

The mains exam pattern have been discussed in detail below:

Paper	Streams/Subjects	Maximum Marks	Duration	Cut Off	Weightage
Paper 1	English (Descriptive Test)(a) Precis Writing – 35 marks(b) Essay writing – 30 marks (c) Comprehension- 35 marks	100	60 minutes	30%	1/3rd
Paper 2	Multiple 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)	100	60 minutes	40%	2/3rd
Aggregate Cut-Off				40%

Candidates shortlisted for Phase II will be issued new Hall Tickets.
There shall be a negative marking (1/4th of marks assigned to the question) for Paper 2 in Phase II
There shall be a cut-off of a minimum of 30% for Paper 1 and a cut-off of a minimum of 40% for Paper 2 in Phase II
Candidates would need to secure separate cut-offs in each paper as mentioned above 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.
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.

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%.

IFSCA Grade A Syllabus 2024

The candidates can check out the detailed IFSCA Grade A Syllabus 2024 for both phases in the below subsections.

IFSCA Grade A Syllabus 2024 – Phase 1

English Language, Quantitative Aptitude, Reasoning, and General Awareness are the subjects that are included in Paper 1. Check IFSCA Assistant Manager Syllabus 2024 for Phase 1 below.

Subjects	Syllabus
English Language	Reading Comprehension Vocabulary Synonyms & Antonyms Fillers Error Detection Sentence Rearrangement Word Swap Idioms & Phrases
Quantitative Aptitude	HCF and LCM Simplification Approximation Quadratic Equation Percentage Ratio & Proportion Profit & Loss Time & Distance Average Simple Interest Compound Interest Mensuration Problems on Trains Mixtures & Allegation Probability Permutation & Combination Indices and Surds Partnership Boats & Streams
Reasoning	Arithmetical Reasoning Puzzle Direction Sense Test Alpha-Numeric Series Logical Reasoning Data Sufficiency Venn Diagrams Analogy Clocks & Calendars Coding Decoding Passage Based Deriving Conclusions Statement – Conclusions Coding-Decoding Number, Ranking & Time Sequence Statement – Arguments
IFSCA Phase 1 Paper Syllabus	Detailed Syllabus
General Awareness	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

IFSCA Grade A Syllabus 2024 – Phase 2

Phase 2 will be descriptive as well as objective tests. Paper 1 will be descriptive in nature. Candidates will have to attempt essays, comprehension, and precis. In Paper 2, multiple choice questions will be asked from the topics below.

IFSCA Act
Union Budget
Economic Survey
Banking, Capital Market
Insurance
Pension Funds
Bullion
GIFT City
GIFT IFSC
IFSCA
Global Financial Centres

Related Links	Related Links
IFSCA Grade A Study Material	IFSCA Grade A Study Plan
IFSCA Grade A Exam Analysis	IFSCA Grade A Answer Key

IFSCA Grade A Syllabus & Exam Pattern 2024 FAQs

Q1. What is the syllabus for the IFSCA Grade A exam 2024?

The syllabus for the IFSCA Grade A exam 2024 includes subjects such as General Awareness, English Language, Reasoning, Quantitative Aptitude, and Professional Knowledge related to the regulatory domain.

Q2. What is the exam pattern for the IFSCA Grade A exam 2024?

The IFSCA Grade A exam 2024 consists of two phases: Phase I and Phase II. Phase I includes objective-type questions, while Phase II includes a mix of objective and descriptive questions along with a Professional Knowledge paper.

Q3. Are there negative marks for wrong answers in the IFSCA Grade A exam?

Yes, there is a penalty for wrong answers in the Phase-I exam of IFSCA Grade A. One-fourth of the marks assigned to the question will be deducted as a penalty.

Q4. Is there an interview stage in the IFSCA Grade A selection process?

Yes, after clearing Phase-I and Phase-II exams, candidates are shortlisted for an interview which forms an integral part of the final selection process

Q5. What is the IFSCA Grade A exam?

The IFSCA Grade A exam is a recruitment examination conducted by the International Financial Services Centres Authority (IFSCA) to select candidates for Grade A officer positions in various regulatory domains within the IFSCA.

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Saloni Singhal

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