The journey towards success in the NABARD Grade A Phase 2 Specialist (Finance) exam, held on November 19, 2023, is both challenging and rewarding. In this detailed exploration, we will unravel the layers of both Paper 1 and Paper 2, offering valuable insights for candidates aiming to conquer this pivotal examination. This comprehensive analysis is intended to guide candidates in their preparation for the NABARD Grade A Phase 2 Finance Exam.
As you gear up for this critical phase in your career, remember that knowledge is your greatest ally. The experts at ixamBee stand as companions on your journey, offering insights that go beyond the surface, ensuring you are well-equipped to tackle the challenges. Despite the fact that you are a candidate or an emerging NABARD Grae A aspirant, we make sure that you will be prepared enough to be victorious in not only this but also in future NABARD Grade A Finance Exams.
Importance of Glancing at the NABARD Grade A Phase 2 Specialist (Finance) Exam Analysis
Knowing the exam analysis is not just a formality; it’s a strategic move. It provides candidates with valuable insights into the patterns, difficulty levels, and emphasis placed on specific topics. This awareness allows aspirants to tailor their preparation, focusing on areas that carry greater weight and ensuring a well-rounded approach.
At ixamBee, the emphasis is not just on proclaiming information but on empowering candidates. The experts understand the challenges candidates face and have meticulously analyzed the NABARD Grade A Phase 2 Finance Exam to provide guidance that goes beyond textbooks. This approach, rooted in simplicity and practicality, resonates with candidates, offering a clear roadmap to navigate the complexities of the examination.
Paper 1: Mastering English Descriptive Skills:
The English Descriptive Paper in the NABARD Grade A Phase 2 Finance Exam serves as the gateway to effective communication skills and language proficiency. Comprising a total of 100 marks, this section is further divided into three segments:
Essay (40 Marks):
- Agriculture and Technology Complement Each Other for Better Prospects
- Cooperatives and Their Role in Rural India’s Development
- Importance of Work-Life Balance
- Detrimental Effects of Social Media on Relationships & Health
Developing a coherent and insightful essay on these topics demands a separate understanding of both the financial and social landscapes.
Letter Writing (30 Marks)
- Crafting a persuasive letter to the customer care department of the electricity board for a change of address.
- Advocating for a small library for children in the residential society by writing to the society secretary.
- Extending congratulations to a departing manager and acknowledging their impact on one’s career.
These exercises evaluate a candidate’s ability to convey information effectively in both formal and informal contexts.
3. Precis (30 Marks)
Delving into the concise representation of ideas with a precis on “Social Media & Short Videos for Brand Promotion.”
This section assesses the candidate’s capacity to condense information while maintaining clarity and coherence.
Paper 2: Stream Specific Paper
Having navigated the linguistic challenges of Paper 1, candidates now transition to the core of the Finance Exam – Paper 2. This section holds the crux of the examination, covering specialized topics essential for a finance professional’s competency.
Paper 2 comprises both objective and descriptive components, each designed to assess the depth and breadth of a candidate’s financial knowledge.
Objective Section:
The objective section serves as a litmus test for candidates, challenging them with questions carrying 1 and 2 marks. The topics covered in these questions include:
1 Mark Questions:
– PV Ratio Numerical
– Current Ratio Numerical
– Credit Sales Receivable Numerical
– Non-Verbal Communication
– Capital Budgeting
– NFRA (National Financial Reporting Authority)
2 Mark Questions
– CSR (Corporate Social Responsibility)
– Types of Budget
– Mergers
– Audit
– Depreciation
The diversity of topics mirrors the multifaceted nature of the finance domain, requiring candidates to exhibit a holistic understanding.
Descriptive Section
The descriptive section of Paper 2 presents candidates with a more in-depth challenge, demanding comprehensive knowledge and the ability to articulate ideas effectively. Divided into 15 and 10 mark questions, this section explores various dimensions of finance.
15 Mark Questions
– Candidates must choose and answer two out of three questions. This year’s topics include:
– Methods of Valuing Inventory
– Market Structure Types
– Triple Bottom Line Framework on Business Sustainability
10 Mark Questions
– Candidates are required to attempt both questions, which delve into:
– Difference in Marginal and Absorption Costing with Respect to Overheads and Inventory Valuation
– International Banking: Types of Risks
– Window Dressing of Accounts
Conclusion:
To those who faced the NABARD Grade A Phase 2 Finance Exam, consider yourselves warriors. Every challenge was a step towards triumph. With ixamBee’s insights, you possess a winning edge, understanding not just what you know but how to navigate the game. As you step away, know your hard work is your greatest asset. Facing a moderate to difficult terrain, you’re better for it. Keep growing, learning, and proving your mettle. The journey continues toward your dreams, and ixamBee is here to cheer you on. Armed with knowledge and willpower, you’re unstoppable. Onwards to your well-deserved success! All the best for the upcoming phases of this exam.
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