The SEBI Grade A Previous Year Papers are one of the most useful resources for candidates preparing for the Securities and Exchange Board of India (SEBI) Grade A Assistant Manager Exam 2026. Solving previous year papers helps candidates understand the latest exam pattern, important topics, marking scheme, and the overall difficulty level of both Phase 1 and Phase 2 examinations.
Candidates preparing for streams such as General, Legal, Information Technology (IT), Research, Official Language, Civil Engineering, and Electrical Engineering should regularly practise previous year papers along with mock tests. This helps improve speed, accuracy, and confidence before the examination.
In this blog, we have provided free SEBI Grade A Previous Year Papers PDFs along with important details about the exam pattern, selection process, and the benefits of solving previous year question papers.
Download SEBI Grade A Previous Year Papers PDF
Candidates can download the SEBI Grade A Previous Year Papers through the direct link provided below.
| SEBI Grade A Papers | Link |
| SEBI Grade A Phase 1 Paper 1 PYP 2020 | Download PDF |
| SEBI Grade A Phase 1 Paper 1 PYP 2022 | Download PDF |
| SEBI Grade A Phase 1 Paper 1 PYP 2025 | Download PDF |
| SEBI Grade A Phase 1 Paper 2 PYP 2020 | Download PDF |
| SEBI Grade A Phase 1 Paper 2 PYP 2022 | Download PDF |
| SEBI Grade A Phase 1 Paper 2 PYP 2024 | Download PDF |
| SEBI Grade A Phase 1 Paper 2 PYP 2025 | Download PDF |
| SEBI Grade A Phase 2 Paper 1 PYP 2020 | Download PDF |
| SEBI Grade A Phase 2 Paper 1 PYP 2022 | Download PDF |
| SEBI Grade A Phase 2 Paper 1 PYP 2024 | Download PDF |
| SEBI Grade A Phase 2 Paper 1 PYP 2025 | Download PDF |
| SEBI Grade A Phase 2 Paper 2 PYP 2020 | Download PDF |
| SEBI Grade A Phase 2 Paper 2 PYP 2022 | Download PDF |
| SEBI Grade A Phase 2 Paper 2 PYP 2024 | Download PDF |
| SEBI Grade A Phase 2 Paper 2 PYP 2025 | Download PDF |
Why should you solve SEBI Grade A Previous Year Papers?
SEBI Grade A Previous Year Papers give candidates a clear understanding of the actual examination. They help candidates identify important areas and prepare according to the latest pattern followed by the Securities and Exchange Board of India.
- Understand the latest SEBI Grade A exam pattern.
- Learn the section-wise weightage of topics.
- Identify frequently asked concepts.
- Improve speed and accuracy.
- Develop better time management.
- Understand the difficulty level of the exam.
- Build confidence before the examination.
- Evaluate preparation through self-assessment.
What is the SEBI Grade A exam pattern?
The SEBI Grade A Exam consists of three stages: Phase 1 (Prelims), Phase 2 (Mains), and Interview. Phase 1 is qualifying in nature, while the final merit list is prepared using Phase 2 and Interview marks in an 85:15 ratio. Negative marking is applicable in all objective papers.
| Stage | Paper | Subjects | Type | Marks | Duration |
| Phase 1 | Paper 1 | GA, English, Quant, Reasoning | Objective | 100 | 60 Minutes |
| Phase 1 | Paper 2 | Stream-Specific Subjects | Objective | 100 | 60 Minutes |
| Phase 2 | Paper 1 | Descriptive English | Descriptive | 100 | 60 Minutes |
| Phase 2 | Paper 2 | Stream-Specific Subjects | Objective/Descriptive | 100 | Varies |
| Interview | – | Personality Assessment | Interview | 100 | – |
What is the selection process for SEBI Grade A officers?
The SEBI Grade A selection process is conducted in three stages. Candidates must qualify at every stage to move to the next round. The final selection depends on Phase 2 performance and Interview scores.
| Stage | Details |
| Phase 1 | Online Screening Test (Qualifying) |
| Phase 2 | Online Examination (Merit-Based) |
| Interview | Conducted in Hindi or English |
| Final Merit | Phase 2 (85%) + Interview (15%) |
| Additional Marks | Applicable for Legal, Civil, and Electrical streams based on relevant experience |
Attempt A Free SEBI Mock Test
| Mock Test | Mock Test | Mock Test |
| SEBI Grade A | SEBI Grade A IT | SEBI Grade A Legal |
How do SEBI Grade A Previous Year Papers help in preparation?
Previous year papers act as a practical revision tool. They help candidates understand their strengths and weaknesses and provide a real exam-like experience before the actual examination.
| Preparation Area | Benefits of Previous Year Papers |
| Exam Pattern | Understand the structure of the exam |
| Question Trends | Identify important and repeated topics |
| Time Management | Learn to complete papers on time |
| Accuracy | Reduce mistakes through practice |
| Self-Assessment | Measure preparation level |
| Revision | Revise concepts effectively |
What is the SEBI Grade A Phase 1 exam pattern?
SEBI Grade A Phase 1 consists of two objective papers conducted online. Paper 1 is common for all streams, while Paper 2 tests candidates on their chosen specialization. Candidates must clear both sectional and overall cut-offs to qualify for Phase 2.
| Paper | Subjects | Questions | Marks | Duration |
| Paper 1 | General Awareness | 20 | 25 | 60 Minutes |
| Paper 1 | English Language | 20 | 25 | 60 Minutes |
| Paper 1 | Quantitative Aptitude | 20 | 25 | 60 Minutes |
| Paper 1 | Reasoning Ability | 20 | 25 | 60 Minutes |
| Paper 2 | Stream-Specific Subjects | 50 | 100 | 40 Minutes |
What is the SEBI Grade A Phase 2 exam pattern?
Phase 2 is the most important stage of the recruitment process because its marks are considered for the final merit list. It consists of a Descriptive English paper and a stream-specific paper.
| Paper | Marks | Duration | Type |
| Descriptive English | 100 | 60 Minutes | Descriptive |
| Stream-Specific Paper | 100 | Varies by Stream | Objective/Descriptive |
Stream-wise Phase 2 Paper 2
The nature of SEBI Grade A Phase 2 Paper 2 varies across different streams. While some streams have objective-type papers, others include descriptive or a combination of objective and descriptive questions.
| Stream | Nature of Paper |
| General | Objective |
| Legal | Objective + Descriptive |
| Information Technology | Objective |
| Research | Descriptive |
| Official Language | Descriptive |
| Civil Engineering | Objective |
| Electrical Engineering | Objective |
Which sections should candidates focus on while solving SEBI Grade A Previous Year Papers?
Candidates should spend adequate time practising both aptitude and professional subjects. Since Paper 2 carries significant weightage in both Phase 1 and Phase 2, stream-specific preparation is equally important.
| Section | Topics Covered |
| General Awareness | Financial Markets, Economy, Current Affairs |
| English Language | Grammar, Vocabulary, Reading Comprehension |
| Quantitative Aptitude | Percentage, Ratio, DI, Time & Work |
| Reasoning Ability | Puzzles, Seating Arrangement, Syllogism |
| Commerce & Finance | Accounting, Costing, Finance |
| Management | Leadership, HRM, Organizational Behaviour |
| Economics | Macro & Micro Economics |
| Stream Subjects | Legal, IT, Research, Official Language, Engineering |
Enroll in SEBI Grade A Online Courses Today!
| Online Course | Online Course | Online Course |
| SEBI Grade A | SEBI Grade A IT | SEBI Grade A Legal |
What is the marking scheme for the SEBI Grade A exam?
SEBI follows a transparent marking scheme across all stages. Candidates should be careful while attempting objective questions because negative marking can impact their final score.
| Criteria | Marking Scheme |
| Correct Answer | +1 Mark |
| Wrong Answer | -0.25 Mark |
| Unanswered Question | No Penalty |
| Phase 1 Weightage | Qualifying Only |
| Phase 2 Weightage | 85% |
| Interview Weightage | 15 |
How should candidates use SEBI Grade A Previous Year Papers effectively?
Candidates should complete the syllabus before attempting full-length papers. They should solve papers in a timed environment and analyse every mistake carefully. Maintaining an error notebook and revising weak areas regularly can significantly improve performance.
- Complete the syllabus before solving papers.
- Attempt papers within the actual exam duration.
- Analyse incorrect answers after every attempt.
- Revise weak topics regularly.
- Maintain short notes for revision.
- Combine previous year papers with mock tests.
- Track your performance after each paper.
- Practise descriptive writing for Phase 2.
FAQs
Yes, they are useful for General, Legal, IT, Research, Official Language, Civil Engineering, and Electrical Engineering streams.
No. Previous year papers should be used along with the latest syllabus, mock tests, and regular revision.
Exact questions may not repeat, but concepts and question patterns are often similar.
Yes, Phase 2 previous year papers include Descriptive English and stream-specific descriptive questions wherever applicable.
Candidates should ideally solve at least 5–10 previous year papers along with multiple mock tests before the examination.
- SEBI Grade A PYPs, Download Free Previous Year Papers PDF
- SEBI Grade A Practice Quiz, Download Free PDF
- SEBI Law Officer Recruitment 2026, Download Notification PDF
- SEBI IT Officer Syllabus 2026, Exam Pattern, Download PDF
- SEBI Legal Officer Syllabus 2026 & Exam Pattern, Download PDF
- SEBI Grade A Phase 1 Study Plan for the Next 45 Days, Check Details

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