IFSCA Grade A Stage 2 Exam Analysis 2024, 13 October Exam Review


International Financial Services Centers Authority (IFSCA) Grade A 2024 exam is a great opportunity for candidates interested in pursuing a career in financial regulation. The Phase 2 examination, held on October 13, 2024, was the second phase of the candidates’ journey towards securing a coveted post as Assistant Manager. In this article, we are providing IFSCA Grade A Exam Analysis 2024, including exam pattern, section-wise review and difficulty level.

IFSCA Grade A Exam Analysis 2024

The IFSCA Grade A examination is conducted in several stages, Stage 2 is an online examination which acts as the main examination. This stage is important as it determines which candidates will proceed to the next stage of the selection process. As per the feedback from the candidates, the questions asked in the IFSCA Grade A exam were of moderate difficulty.

IFSCA Grade A Phase II Exam Analysis 2024, 13th October 2024: Difficulty Level

The overall difficulty level of the IFSCA Grade A 2024 Step 2 exam was moderate.

IFSCA Grade A Stage 2 Exam Analysis 2024, 13 October: Difficulty Level
paper section difficulty level
paper 1 precise writing medium
essay writing medium
Understanding medium
paper 2 general stream medium
Legal Stream: MCQs on specific topics medium
overall medium

IFSCA Grade A Stage 2 Exam Analysis 2024: Section-wise Analysis

IFSCA Grade A 2024 Stage 2 exam was a well-balanced exam, challenging candidates from different sections.

IFSCA Grade A Step 2 Exam Analysis 2024: Essay Writing

Given below is the list of questions asked in the Essay Writing section of the IFSCA Grade A Stage 2 Exam 2024. The word limit for essay writing was 270 words.

  • The government should consider formulating rules to regulate the content aired on various streaming channels.
  • There has been a lot of change in the purchasing behavior of Indian customers. Discuss the positives and negatives.
  • The role of family dynamics in providing mental well-being across generations.

Apart from essay writing, short writing and reading comprehension were also asked in Paper 1 of Phase II.

IFSCA Grade A Stage II Exam Analysis 2024, Paper II

Paper II exam review for IFSCA Grade A Stage II exam 2024 is discussed below.

  1. IFSCA member
  2. Fiscal deficit
  3. Atal Pension Yojana
  4. nps age enrollment
  5. sweat equity
  6. optional
  7. pf withdrawal limit
  8. on account derivative
  9. Contribution to EPF by employee
  10. Atal Pension Yojana Minimum Pension
  11. economic survey
  12. Integrated Pension Scheme
  13. Ubharate Stars
  14. IIBX full form
  15. gift city full form
  16. Maximum denomination notes printed by RBI
  17. locking period
  18. e-commerce unit
  19. municipal bond
  20. open market operations
  21. forward rate
  22. rbi act 1934
  23. NABFID
  24. grace period
  25. Budget
  26. sgx nifty
  27. settlement risk
  28. Insurance FDI Limit
  29. boaster
  30. budget planning
  31. nhb authorized capital
  32. compulsory insurance
  33. solvency ratio
  34. MMID
  35. SEBI
  36. ifsc tax exemption
  37. fund of funds
  38. ULI full form
  39. Maximum age for NPS contribution
  40. irdai circular
  41. basis of loss
  42. EDIS
  43. NBFC IFC
  44. first developmental organization

IFSCA Grade A Phase II Exam Pattern 2024

In the Phase II examination, there is a negative marking system, in which 1/4 mark is deducted for each question in Paper 2. To qualify for Phase III, candidates must meet and score a separate cut-off for each paper in Phase II. The overall cut-off is 40%, with Paper 1 contributing 1/3 of the total weightage and Paper 2 contributing 2/3. Based on these criteria, candidates equal to 3 times the number of vacancies, in order of merit, will be shortlisted for Stage III which is the interview round. The list of candidates selected for interview will be published on the IFSCA website. Candidates can check the IFSCA Phase II Exam Pattern below.

paper 1

IFSCA Phase II Paper 1 Exam Pattern 2024
section maximum marks time period Importance cut off
precise writing 35 60 minutes 1/3 30%
essay writing 30
Understanding 35
Total 100

paper 2

IFSCA Phase II Exam Pattern 2024
paper subjects number of questions Maximum. Mark cut off Duration
Paper II

General Stream: MCQs on IFSCA Act, Union Budget, Economic Survey, Banking, Capital Market, Insurance, Pension Fund, Bullion, Gifts
City, GIFT IFSC, IFSCA, Global Financial Center etc.
50 100 40% 60 minutes
Legal Section: MCQs on specific topics 100
overall cut off 40%

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Hello friends, I am Ashok Nayak, the Author & Founder of this website blog, I have completed my post-graduation (M.sc mathematics) in 2022 from Madhya Pradesh. I enjoy learning and teaching things related to new education and technology. I request you to keep supporting us like this and we will keep providing new information for you. #We Support DIGITAL INDIA.

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