PFRDA Grade A Finance Questions and Answers: Candidates who are preparing for the upcoming PFRDA Grade A Exam 2025, are advised to prepare for the PFRDA Grade A Finance stream, as practicing topic-wise MCQs is the best way to master core concepts. In this article, we have shared important PFRDA Grade A Finance questions and answers, exam pattern details, key topics, and expert tips to help you get exam-ready.
PFRDA Grade A Finance Stream
The Finance stream in the PFRDA Grade A exam is meant for candidates who have a background in finance, commerce, or accounting. It tests your grasp of important concepts like financial reporting, cost accounting, financial management, budgeting, and information about the pension sector and regulatory frameworks. Understanding these areas is crucial for passing the Phase II paper and succeeding in the interview round.
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PFRDA Grade A Finance Exam Pattern & Syllabus
To prepare effectively, it's essential to understand the complete PFRDA Grade A Finance exam pattern and syllabus, including both Phase I and Phase II details.
| Phase | Paper | Subjects / Components | Marks | Time | Notes |
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| Phase I | Objective (Preliminary) | English Language, Reasoning, Quantitative Aptitude, General Awareness | 100 | 60 mins | 80 Questions Negative marking: 0.25 per wrong answer. No finance-specific questions |
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| Phase II | Paper 1 (Descriptive) | Essay Writing, Precis, and Comprehension (English) | 100 | 60 mins | Tests written communication skills |
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| Phase II | Paper 2 (Objective) | Finance-specific MCQs | 100 | 40 mins | Based on key topics below |
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100+ MCQs on Pension Sector, PFRDA & NPS with Answers
PFRDA Grade A Finance Syllabus
The PFRDA Grade A Finance syllabus outlines all the key topics you need to prepare, including financial management, accounting, budgeting, and the pension sector.
- Financial Accounting & Statement Analysis: Balance Sheet, P&L Account, Cash Flow
- Cost Accounting: Marginal, Absorption, Standard costing
- Financial Management: Time value of money, capital budgeting, cost of capital
- Corporate Finance: Capital structure, working capital, dividend decisions
- Budgeting & MIS: Budget prep, variance analysis, MIS reports
- Pension Sector & NPS: Features, benefits, NPS structure
- Regulatory Framework: PFRDA, SEBI, RBI, IRDAI roles
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Top PFRDA Grade A Finance Questions and Answers
To help you practice effectively, we have compiled a set of the most important and exam relevant Finance questions for PFRDA Grade A. These questions cover key topics like financial management, accounting, corporate finance, budgeting, and NPS.
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Mistakes to Avoid When Attending PFRDA Grade A Finance Questions
While practicing MCQs, many candidates repeat similar mistakes that can easily be avoided with awareness and better strategies. Here are the most common ones:
- Misinterpreting Questions: Candidates often overlook key words like "not," "except," or "most likely," leading to wrong answers despite knowing the concept.
- Skipping Formula Revisions: Many students fail to revise financial formulas and ratios regularly. Without this, even basic numerical questions become confusing under exam pressure.
- Time Mismanagement: Spending too long on tough or unfamiliar questions reduces the time available for easier ones. It's important to move on and return later if unsure.
- Ignoring Negative Marking: Guessing excessively can backfire. It's better to skip than to randomly guess when unsure, especially since 0.25 marks are deducted for each wrong answer.
- Overconfidence in Familiar Topics: Candidates sometimes rush through familiar areas without properly reading the question, resulting in careless errors.
- Lack of Practice with MCQ Format: Understanding a concept isn't enough—you must practice it in objective format regularly to build accuracy and speed.
- Not Reviewing Mistakes: Many learners don't analyze their mock test errors. Revisiting and understanding why you went wrong is essential for real improvement.
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