NPS Trust Notification 2020 Out Exam Dates, Vacancies, Eligibility Criteria, etc

NPS Trust invites applications from eligible Indian citizens for filling up the posts of Officer Grade B (Manager) and Officer Grade A (Assistant Manager) across different streams on direct recruitment basis. In this blog, NPS Trust Notification 2020 we are going to share with you all the NPS Trust Recruitment Notification important details like exam date, exam pattern, selection criteria, syllabus, vacancies, eligibility criteria, etc. Let’s start with the blog without any delay.

NPS Trust Notification 2020 | Important Dates To Remember

Activity Important Dates
OFFICER    GRADE B (MANAGER)
On-Line Application and Payment of fee Link will be enabled   on www.npstrust.org.in From   30-12-2020 Upto 29-01-2021
Availability of Call Letters on NPS Trust website (for On-Line   Examination) Will   be intimated by E-mail/SMS.
On-Line Examination (Phase I) Will   be intimated by E-mail/SMS.
On-Line Examination (Phase II) Information   about this will be hosted on the website of NPS Trust at
www.npstrust.org.in
Interview (Phase III) Information   about this will be intimated (only for successful
canditates in Phase II) by Email/Post and will be hostedon the website of   NPS Trust at www.npstrust.org.in
OFFICER    GRADE A (ASSISTANT MANAGER)
On-Line Application and Payment of fee Link will be enabled   on www.npstrust.org.in From   30-12-2020 Upto 29-01-2021
Availability of Call Letters on NPS Trust website (for On-Line   Examination) Will   be intimated by E-mail/SMS.
On-Line Examination (Phase I) Information   about this will be hostedon the website of NPS Trust at
www.npstrust.org.in.
Group Discussion & Interview (Phase II) Information   about this will be intimated to candidates successful in On-Line Examination   by E-mail/Post and will be hosted on the website of NPS Trust at   www.npstrust.org.in.
NPS Trust reserves the right to make any changes in   dates. Any changes in the dates will be uploaded only on the
website of NPS Trust at www.npstrust.org.in

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 NPS Trust Notification 2020 | Vacancies

GRADE STREAM NUMBER    OF POSTS
UR/GEN OBC SC ST EWS TOTAL
Grade B (Manager) General 3 1 4
Information
Technology
1 1
Grade A (Assistant Manager) General 6 2 1 9
TOTAL NO. OF VACANCIES 14

 NPS Trust Notification 2020 | Eligibility Criteria

GRADE /  STREAM STREAM QUALIFICATION (Any one of the following) DESIRABLE   EXPERIENCE UPPER AGE
(As on 30-11-2020)
Officer Grade B (Manager) General Master’s   Degree in any discipline, Bachelor’s    Degree in Law, Bachelor’s Degree in Engineering from a    recognized university, CA, CFA,   CS, CWA. Desirable experience of minimum 3 years of post-qualification experience in officer cadre in dealing with the problems relating to pension / financial sectors, special knowledge/ experience in law, investigation, finance, economics, Accountancy, Administration or any other
discipline considered useful to the Trust.
30
Information Technology Bachelor’s Degree in Engineering (Electrical/Electronics/Electronics and communication/Information Technology/ Computer Science)/ Masters in Computers Application/ Bachelor’s Degree in any discipline with postgraduate qualification (minimum 2 years duration) in Computers/Information Technology. Desirable experience of minimum of 3 years of post-qualification experience in the relevant field. 30
Officer Grade A (Assistant Manager) General Master’s Degree in any discipline, Bachelor’s Degree in Law, Bachelor’s Degree in Engineering from a recognized university, CA, CFA, CS, CWA. NIL 30

 NPS Trust Recruitment Notification 2020 | Mode of Selection

1. OFFICER GRADE B (MANAGER):

Mode of selection shall be a three-stage process i.e. Phase I (on-line screening examination), Phase II (on-line examination consisting of two papers of 100 marks each) and Phase III (Interview). Full details are as below:

A. Phase I (On-Line Screening Examination):

An online screening examination will consist of:

Paper Stream Subjects Max. Marks Duration
Paper 1 All   Streams Multiple choice    questions on the    subjects viz. General Awareness    (including some questions related to    Financial Sector of easy to    moderate difficulty    level), English Language, Quantitative Aptitude, Computer   Awareness and Reasoning. 200 150   minutes

The composition of paper 1 for Phase I (on-line examination) is as under:

Stream Tests No. of questions Max. Marks Duration (in   minutes)
All Streams English   Language 40 40 35
Reasoning 40 50 35
General   Awareness + Financial Sector Awareness 40 40 25
Computer Awareness 40 40 25
Quantitative Aptitude 30 30 30
Overall Total 190 200 150

Important Notes:
a. There shall be negative marking (1/4th of marks assigned to the question) for Paper 1 in  Phase I.
b. Candidates would need to secure separate cut-offs in each test as well as aggregate cut-off marks in the Phase I exam (as decided by NPS Trust) 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 it will not be counted for the final selection of the candidates.
c. In Phase I On-Line Examination, candidates applying for both the streams shall not be required to appear separately for common tests. However, the cut off marks for different streams for shortlisting candidates for Phase II shall be in relation to the number of vacancies.
d. Subject to the criteria mentioned 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 NPS Trust website.

B. Phase II (On-Line Examination):

An on-line examination consisting of two papers of 100 marks each will be conducted. The papers  shall be as follows:

Paper Streams Subject Max.
Marks
Duration
Paper 1 All   Streams English   (Descriptive Test) 100 60   minutes
Paper 2 General Multiple   choice questions on: Commerce, Accountancy, Management, Finance, Costing,   Companies Act, Economics and Pension sector 100 40   minutes
Information Technology Multiple choice questions on Specialized subjects related to the stream. 100 40   minutes

C. Phase III (Interview):

Only the shortlisted candidates will be called for an interview. Candidates may opt for interview either in Hindi or English.

Important Notes:

a. The following weightage will be applied while preparing the final merit list for selection to both the streams separately:

Particulars The weightage (in %)
Marks obtained in Phase II on-line examination 70%
Desirable experience as mentioned in Section – III (Eligibility Criteria)
(Marks will be allotted depending on a number of years of experience in the relevant field).
10%
Marks obtained in Interview 20%

b. Application fee shall not be refunded to the candidates not shortlisted for Phase II and Phase  III.
c. NPS Trust reserves the right to modify the selection procedure if deemed fit.
d. Candidates should bring Experience Certificates, Educational Certificates,  Reservation/Disability certificates, if applicable, in original and self-attested copies of the same, at the time of Interview.

2. OFFICER GRADE A (ASSISTANT MANAGER):

Mode of selection shall be a two-stage process i.e. Phase I (on-line examination), Phase II (Group Discussion and Interview). Full details are as below:

A. Phase I (On-Line Examination):

The online examination will consist of:

Paper Stream Subjects Max. Marks Duration
Paper 1 All   Streams Multiple choice    questions on the    subjects viz. General Awareness (including some   questions related to Financial Sector of    easy to moderate    difficulty level), English    Language, Quantitative Aptitude, Computer Awareness and Reasoning. 200 150   minutes

The composition of the paper 1 for Phase I is as under:

Stream Tests No. of questions Max. Marks Duration (in   minutes)
All Streams English   Language 40 40 35
Reasoning 40 50 35
General Awareness + Financial Sector Awareness 40 40 25
Computer Awareness 40 40 25
Quantitative Aptitude 30 30 30
Overall Total 190 200 150

a. Phase I On-Line examination will be conducted in a single shift. The test will be bilingual  (Hindi & English) except the test for English Language which will be in English only.
b. Candidates would need to secure separate cut-off in each test as well as aggregate cut-off  marks (as decided by NPS
Trust) in Phase I exam to be shortlisted for Phase II. Shortlisted candidates will be intimated the  date and time for Phase II by e-mail and/or call letter and list of such candidates also will be  made available on NPS Trust website.
c. There shall be negative marking (1/4th of marks assigned to the question) for the Paper 1 in Phase I.

B. Phase II (Group Discussion and Interview):

a. On fulfilling the criteria of minimum cut-off marks, candidates will be shortlisted  based on aggregate marks obtained in Phase-I.
b. The minimum aggregate cut-off marks for being shortlisted for Phase-II of the examination will  be decided by NPS Trust in relation to the number of vacancies.
c. Only the shortlisted candidates will be called for Phase II of the selection process which  will consist of Group Discussion and Interview.
d. Candidates may opt for Group Discussion and Interview either in Hindi or English.

Important Notes:

a. The following weightage will be applied while preparing the final merit list for selection:

Particulars Weightage (in %)
Marks obtained in Phase I on-line examination 70%
Marks obtained in Phase – II Group   Discussion 10%
Interview 20%

b. Application fee shall not be refunded to the candidates not shortlisted for Phase II.
c. NPS Trust reserves the right to modify the selection process at any stage, if deemed fit.
d. Candidates should bring Educational Certificates, Reservation/Disability certificates, if  applicable, in original and self-attested copies of the same, at the time of Interview.

NPS Trust Recruitment Notification 2020 | Pay & Allowances

GRADE PAY AND   ALLOWANCE
Grade B (Manager) a. PAY: The pay scale of   Officers in Grade B is Rs.35150-1750(9)-50900-EB 1750(2)-54400-2000(4)-624 00 (16 years).   Presently, the gross emolument includes NPS Trust’s contribution towards   National Pension System (NPS),    Grade Allowance, Special Allowance,    Dearness Allowance, Local    Compensatory Allowance and Housing Allowance.
b. BENEFITS: Other benefits   include viz., Leave Fare Concession, Medical Expenses (Hospitalisation and   Non-Hospitalisation), Personal   Accident Insurance, Eye Refraction/    Cost of Spectacles, Education Allowance, Financial   Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning   Allowance, Staff Furnishing Scheme, Scheme for Purchasing Computers and all   other benefits as are admissible to an Officer Grade E in NPS Trust.
c. CTC: Total CTC consisting of Pay and Benefits for the post of   Officer Grade B at the beginning of scale of pay would be approx. Rs. 21 Lac   per annum.
Grade A (Assistant Manager) a. PAY: The pay scale of   Officers in Grade A is Rs.28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-536   00- 2000(1)-55600 (17 years). Presently, the gross emolument   includes NPS Trust’s contribution   towards National Pension System (NPS),    Grade Allowance, Special Allowance, Dearness Allowance, Local   Compensatory Allowance and Housing Allowance.
b. BENEFITS: Other benefits   include viz., Leave Fare Concession, Medical Expenses (Hospitalisation and   Non-Hospitalisation), Personal   Accident Insurance, Eye Refraction/    Cost of Spectacles, Education Allowance, Financial   Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning   Allowance, Staff Furnishing Scheme, Scheme for Purchasing Computers and all   other benefits as are admissible to an Officer Grade A in NPS Trust.
c. CTC: Total CTC consisting of Pay and Benefits for the post of   Officer Grade A at the beginning of scale of pay would be approx. Rs. 18 Lac   per annum.

 NPS Trust Notification 2020 | Application Fees

Category   of Applicant Amount of Fee   (Non-Refundable) (in INR)
Unreserved, EWS & OBC Rs.   1,000/-
SC/ST/PwBD/Women NIL

This is all from us in this blog NPS Trust Notification 2020. Stay tuned with Oliveboard for more exam related information.

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