The IIFCL Grade A 2026 exam is one of the most important opportunities for candidates aspiring to join the Indian Infrastructure Finance Company Limited as Assistant Manager. Understanding the syllabus is the first step to achieving success. The exam is structured into two parts Test 1 and Test 2 covering reasoning, quantitative aptitude, English, current affairs, and domain knowledge.
In this blog, we have provided complete details about the IIFCL Grade A syllabus, covering all topics of Test 1 and Test 2, along with information about the online exam pattern, selection process, and more.
What are the topics covered under the IIFCL Grade A syllabus?
The IIFCL Grade A syllabus includes topics to test both general and professional skills. Test 1 covers reasoning, quantitative aptitude, English, and current affairs, focusing on logical thinking, numerical ability, language skills, and awareness of banking and finance updates. Test 2 focuses on domain knowledge, including project finance, corporate banking, risk management, accounting, corporate governance, and the Indian financial system. Together, these topics ensure candidates are well-prepared for the IIFCL Grade A exam.
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What topics are covered in IIFCL Grade A test 1?
The IIFCL Grade A Test 1 is designed to check a candidate's basic aptitude and general awareness. It includes topics such as logical reasoning, numerical ability, English language skills, and current financial affairs. Preparing well in these areas helps candidates solve questions faster and with better accuracy in the online exam conducted by India Infrastructure Finance Company Limited. This test ensures that candidates have the essential analytical, numerical, and comprehension skills required for a career in banking and finance.
| Section | Topics Covered |
|---|
| Reasoning Ability | • Blood Relations
• Coding-Decoding
• Order and Ranking
• Direction Sense
• Alpha-Numeric-Symbol Series
• Seating Arrangements
• Inequalities
• Logical Reasoning (Statement, Assumption, Conclusion)
• Data Sufficiency
• Syllogism
• Machine Input-Output
• Puzzles |
| Quantitative Aptitude | • Number System
• Percentages
• Ratio and Proportion
• Speed, Time, and Distance
• Work and Time
• Algebra
• Mensuration (Areas and Volumes)
• Triangles, Quadrilaterals, Circles
• Trigonometry (Ratios, Heights, Distances)
• Coordinate Geometry
• Probability
• Mixtures and Allegations
• Lines and Angles
• Data Interpretation (Tables, Graphs, Pie Charts)
• Set Theory |
| English Language | • Vocabulary-based questions
• Reading Comprehension
• Sentence Improvement
• Paragraph-Based Questions
• Cloze Test
• Jumbled Paragraphs
• Fillers
• Sentence Errors |
| Current Affairs (Finance Sector) | • RBI interest rate changes
• Banking reforms and NPAs
• Government financial policies
• Fintech developments
• SEBI updates and stock market trends
• Mergers and acquisitions in banking
• Digital transaction initiatives
• Tax changes affecting finance |
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What topics are covered in IIFCL Grade A test 2?
IIFCL Grade A Test 2 focuses on domain knowledge, which evaluates a candidate's understanding of finance, banking, and project-related concepts. This test measures practical knowledge, analytical skills, and awareness of financial systems, policies, and governance. Preparing for these topics helps candidates handle real-world banking and financial scenarios effectively, which is essential for the Assistant Manager role at IIFCL.
| Section | Topics Covered |
|---|
| Project Finance | • Project appraisal and financing
• Loan structuring
• Credit analysis
• Risk assessment in projects |
| Corporate Banking & Treasury | • Corporate banking operations
• Treasury operations
• Asset-liability management
• Interest rate and market risk |
| General Management | • Management principles in banking
• Financial decision-making processes
• Operational management |
| Risk Management | • Credit risk
• Market risk
• Operational risk
• Hedging and derivatives basics |
| Corporate Governance in Banking Sector | • Corporate governance frameworks
• Regulatory compliance
• Ethics and transparency in banking |
| Accounting & Taxation | • Accounting principles
• Financial statements analysis
• Taxation rules and compliance
• Auditing basics |
| Indian Economy | • Overview of Indian economy
• Economic indicators
• Government policies affecting banking and finance |
| Financial / Banking System in India | • Structure of financial institutions
• RBI and SEBI guidelines
• NBFC regulations
• Banking reforms |
| Latest RBI / SEBI Circulars & Reports | • RBI circulars and annual reports
• SEBI regulations
• Guidelines on project finance, NPA, and NBFCs
• IIFCL annual reports |
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What are the important dates for the IIFCL Grade A/B posts?
The important dates for the IIFCL Grade A notification include the start of online registration, the last date to submit the application form, and the exam date. While the exact Grade A and B exam date is yet to be released, the notification PDF indicates that the online exam is tentatively scheduled for May/June 2026. Further details regarding the IIFCL Grade A important dates are as follows:
| Event | Date (2026) |
|---|
| Opening of Online Registration / Payment of Fees | 18th March 2026 |
| Closing of Online Registration / Payment of Fees | 10th April 2026 |
| Cut-off date for Age Eligibility | 28th February 2026 |
| Cut-off date for Educational Qualification / Post-Qualification Experience | 28th February 2026 |
| Tentative Online Examination | May/June 2026 |
| Tentative Interview | June/July 2026 |
| Declaration of Final Result | July/August 2026 |
What is the selection process for the IIFCL Grade A Assistant Manager post?
The selection process for the IIFCL Grade A Assistant Manager post includes 2 main stages the online examination and the interview. Candidates are first shortlisted based on their performance in the online test. Those who clear the required cut off are then called for the technical and behavioural interview. The final selection is made by combining the marks scored in both stages, with 40% weightage given to the online examination and 60% weightage given to the interview.
| Stage | Details |
|---|
| Phase 1 | Online Examination (Objective Type) |
| Phase 2 | Interview (Technical and Behavioural) |
| Online Exam Marks | 200 marks |
| Interview Marks | 100 marks |
| Final Merit Basis | Combined marks of online exam and interview |
| Weightage | Online Exam: 40% and Interview: 60% |
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What is the exam pattern for IIFCL Grade A?
As per the last IIFCL Grade A notification, the online examination was conducted in objective mode for a total of 200 marks. The exam was divided into two parts, and separate time was allotted for each test. Test 1 covered general subjects such as Reasoning, Quantitative Aptitude, English Language, and Current Affairs related to the financial sector, while test 2 tested candidates on domain knowledge related to banking, finance, and management.
| Test | Section of Test | Type | Questions/Marks | Time |
|---|
| 1 | Reasoning | Objective | 25/25 | 60 Minutes |
| Quantitative Aptitude | 25/25 |
| English Language | 25/25 |
| Current Affairs related to Financial Sector | 25/25 |
| Total (Test I) | 100/100 |
| 2 | Domain Knowledge, Project Finance, Corporate Banking, Treasury General Management, Risk Management, Corporate Governance in Banking Sector, Accounting and Taxation, Indian Economy, Financial / Banking System in India – Structure and concerns, Financial Institutions, Latest RBI / SEBI Circulars, Guidelines on NBFCs, Project Finance, NPA, etc. Annual Reports of RBI, SEBI, IIFCL, etc. | Objective | 50/100 | 60 Minutes |
| Grand Total (Test I + Test II) | 150/200 | 120 Minutes |
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