The International Financial Services Centres Authority (IFSCA) Grade A 2024 exam is a great opportunity for candidates aspiring to make a career in financial regulation. The Phase 1 exam, held on 1st September 2024, was the first step candidates had to clear in their journey towards securing a coveted position as Assistant Manager. In this article, we are providing IFSCA Grade A exam analysis 2024, including the exam pattern, section-wise review, and difficulty level.
IFSCA Grade A Exam Analysis 2024
The IFSCA Grade A exam is conducted in multiple stages, with Stage 1 being an online exam that acts as a screening test. This stage is crucial as it determines which candidates will move on to the next stage of the selection process. As per the feedback from candidates, the questions asked in the IFSCA Grade A exam were of moderate difficulty.
IFSCA Grade A Prelims Exam Analysis 2024, September 1: Difficulty Level
The overall difficulty level of the IFSCA Grade A 2024 Phase 1 exam was moderate. The Reasoning and Quantitative Aptitude sections posed a challenge for some candidates, mainly due to the time-consuming nature of the questions. The English Language section was easy, allowing candidates to score well. The General Awareness section, though moderate, required thorough preparation, especially in financial awareness.
IFSCA Grade A Phase 1 Exam Analysis 2024, September 1: Difficulty Level | ||
paper | Section | difficulty level |
Paper 1 | general awareness | medium |
English Language | Easy | |
Quantitative Aptitude | Easy to Moderate | |
logic | Easy to Moderate | |
Paper 2 | General Stream | medium |
overall | medium |
IFSCA Grade A Phase 1 Exam Analysis 2024: Section-wise Analysis
The IFSCA Grade A 2024 Phase 1 exam was a balanced test, challenging candidates in different sections. While the Reasoning and Quantitative Aptitude sections tested the problem-solving skills of candidates under time pressure, the English and General Awareness sections offered opportunities to score.
IFSCA Grade A Prelims Exam Analysis 2024: Reasoning
The analysis of Reasoning Ability section of IFSCA Grade A Phase 1 exam 2024 is given below.
- Seating Arrangement (8 people, one row, facing north) – 5 questions
- Circular Seating Arrangement (4 inside, 4 outside) – 5 Questions
- Inequalities(3 conclusions given) – 3 Questions
- Pair Formation-Bright
- Marks based questions
- Direction based- 4 questions
- Blood Relation- 2 Questions
IFSCA Grade A Phase 1 Exam Analysis 2024: General Awareness
The list of questions asked in the General Awareness section of IFSCA Grade A prelims exam 2024 is given below.
- human Development Index
- Educate your daughter, save your daughter
- ICC Ambassador
- GDP Forecast for FY 2023
IFSCA Grade A Exam Analysis 2024: English Language
To know the English Language questions asked in the preliminary exam of IFSCA Grade A 2024 candidates, check the section below.
- Word Swap – 5 Questions
- Reading Comprehension- 7 Questions
- Double fillers – 3 Qs
- One Word Substitution- 4 Qs
- Spot the Error-5 Questions
- one word rearrangement
IFSCA Grade A Prelims Exam Analysis 2024: Quantitative Aptitude
Candidates can check below the IFSCA Grade A Phase 1 Exam Analysis 2024 for Quantitative Aptitude section.
- Approximation – 5 Qs
- Missing Number Series- 5 Questions
- Caselet DI- 5 Questions
- Arithmetic (Boats and Streams, Percentages, Profit and Loss, Ratio, Partnership, etc.)
IFSCA Grade A Phase I Exam Analysis 2024, Paper II
The Paper II exam review for IFSCA Grade A Phase I Exam 2024 is discussed below.
- Mudra Scheme
- stand up
- T Bills Duration
- Cash Management Bill Period
- Tenure of Sovereign Gold Bill
- Partnership Act Tenure
- ISRO
- PV Ratio
- current ratio
- Self Help Groups
- Communications
IFSCA Grade A Phase I Exam Pattern 2024
The Phase 1 exam consisted of several sections to test the candidates’ aptitude, reasoning ability and general awareness knowledge with a special focus on the financial sector. The exam pattern for Phase 1 is as follows:
IFSCA Grade A Phase 1 Exam Pattern 2024 | ||||
Papers | Themes | Number of questions | Maximum Marks | Duration |
Paper 1 | general awareness | 25 | 25 | 60 minutes |
English Language | 25 | 25 | ||
Quantitative Aptitude | 25 | 25 | ||
logic | 25 | 25 | ||
Total | 100 | 100 | ||
Paper II | General Stream: Multiple Choice Questions on General Studies | 50 | 100 | 60 minutes |
Legal Section: Multiple choice questions on specific topics | 100 |