On the other hand, PFRDA or Pension Fund Regulatory and Development Authority is also a regulatory body which works towards the promotion and development of an organized pension system to cater to the old age income needs of the people. The PFRDA works under the Ministry of Finance.

Both SEBI and PFRDA are considered as important regulatory bodies in India because of the role they play in the growth and development of the economy. Therefore, to ensure a smooth functioning of these organizations both SEBI and PFRDA conduct recruitment drives regularly to recruit eligible candidates in Grade A (Assistant Manager) for various streams including the Legal stream. Hence, SEBI Grade A and PFRDA Grade A is a golden opportunity for law graduates who are seeking a career in the regulatory and development authorities.

In today’s article, we will shed some light on the similarities and differences between SEBI Grade A Legal and PFGRA Grade A Legal exam. If you are still confused about which one to choose, we would encourage you to stay till the end.

SEBI Grade A Legal & PFRDA Grade A Legal: First Step

The Law Officer post in SEBI as well as PFRDA is an entry-level job, wherein the selected candidates will be appointed as Assistant Managers in Grade A. In short, selection in Grade A will be the first step in the professional career of the selected candidates. 

Let’s understand all the aspects of the SEBI Grade A Legal and PFRDA Grade A Legal exam in detail.

Official Notification

PFRDA Grade A Notification

The PFRDA Grade A notification for 2024 is not yet released. That however does not mean that aspirants should not work towards preparing for the exams. Aspirants need to take a closer look at the previous notification to understand more about the exam and its patterns.

SEBI Grade A 2024 Notification

Similarly, the SEBI Grade A Notification 2024 was released on June 11, 2024. Moreover, the Phase 1 exam, as per the notification has been scheduled to take place on 27 July, 2024 while Phase 2 exam is tentatively scheduled to take place on August 31, 2024.

Exam Pattern

The SEBI Grade A Legal exam pattern and the PFRDA Grade A Legal exam pattern are quite similar. However, there is a slight difference in the minimum qualifying marks of PFRDA Grade A Legal. Both the exams will be held in three phases-

Let’s look at the Phase 1 and Phase 2 exam pattern of SEBI Grade A and PFRDA Grade A in detail.

Phase 1 Exam Pattern

The Phase 1 exam of SEBI Grade A and PFRDA Grade A will be qualifying in nature. Furthermore, the exam pattern of both the exams is the same.

SEBI Grade A Legal

PFRDA Grade A Legal

Phase 2 Exam Pattern

The Phase 2 pattern of both exams is the same as well. Take a look at the Phase 2 exam pattern below-

SEBI Grade A Legal

PFRDA Grade A Legal

Similarities and Differences in Phase 1 and Phase 2

• In SEBI Grade A Legal, the candidates have to score a minimum cut-off i.e 1/3rd and 2/3rd in Phase 1 as well as Phase 2 to qualify for Phase 3 i.e. Interview. Whereas, in PFRDA Legal you will have to secure separate cut-offs in each paper as well as overall cut-off marks in Phase 1 and Phase 2, which will be decided by the Authority.
• In PFRDA Grade A Legal exam, the total number of questions to be asked are also specified in the notification, whereas, SEBI provides a separate information handout for the same prior to the exam.
• The PFRDA Grade A Legal Phase 2 to Interview ratio is the same as SEBI Grade A Legal exam i.e. 85:15.

Syllabus

The PFRDA Grade A Legal syllabus is largely similar to the SEBI Grade A Law Officer syllabus. However, there are two additional subjects in the syllabus of PFRDA Grade A Legal exam i.e. PFRDA Act, 2013 and IRDAI Act, 1999. 

Eligibility Criteria

One essential thing to check before you apply for the SEBI Grade A Legal and PFRDA Grade A Legal exam is the eligibility criteria. Luckily, the SEBI Grade A Legal and PFRDA Grade A Legal eligibility criteria for both the exams are the same. 

Educational Qualifications

To be eligible for the SEBI Grade A Legal and PFRDA Grade A Legal, you must be a Graduate in Law. Moreover, no post qualification experience is required to apply for this post. Therefore, it is a great opportunity for freshers as well.

Age

The age criteria for both the exams is the same as well i.e. candidates must not have exceeded the age of 30 years. Furthermore, SEBI and PFRDA also provide a relaxation in the upper age limit for candidates belonging to the reserved categories.

Salary

One of the major reasons why the SEBI Grade A Legal and PFRDA Grade A Legal exam is popular among the young aspirants is because both these organizations offer a handsome salary package along with a dynamic work environment and respectable job profile. Let’s look at the details regarding the SEBI Grade A Legal salary and PFRDA Grade A Legal salary and additional benefits.

Career Prospects

Apart from the handsome salary package, both SEBI and PFRDA give their employees ample opportunities to grow and excel in their career. The promotions are done on the basis of performance and number of vacancies available for that post. Therefore, to work in organizations like SEBI and PFRDA would be a dream come true for any aspirant who wishes to join the government sector. Furthermore, the order of hierarchy is also the same in both SEBI and PFRDA. So, based on your performance in SEBI/PFRDA, you will be promoted in the following order of hierarchy.

Conclusion

Since the SEBI Grade A Legal and PFRDA Grade A Legal exam is very similar with respect to many aspects, it would be difficult to decide which one to choose. Ultimately, the final decision will lie with you. However, given all the similarities found in both these exams, it would be wiser to apply for both SEBI Grade A Law Officer and PFRDA Grade A Legal exam. In fact, if you are preparing for SEBI Grade A Legal 2023, you can give the PFRDA Grade A Legal 2022 exam a go. So, when the time comes to appear for the SEBI Grade A Law Officer 2023 exam, you will be well prepared for it as you will have a fair idea of what to expect on the day of the exam.

Study with ixamBee 

If you are preparing for SEBI Grade A Legal and PFRDA Grade A Legal, you can check out ixamBee’s individual courses for both these exams that will help you in making your preparation easier. Both the courses have been created by our expert faculty while keeping the latest exam pattern in mind. Some of the features of the SEBI Grade A Legal Online Course and PFRDA Grade A Legal Online Course are given below-

• Video Lessons covering the entire syllabus for conceptual knowledge clarity.
• Study Notes
• Full-Length Practice Tests
• Practice questions for the Legal stream with detailed solutions and explanations
• Doubt clarification with the subject experts 
• Interview Guidance will also be provided

To help you prepare 50% faster for competitive exams, ixamBee provides a free Mock Test Series and all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI Grade B, NABARD, and Other Government Jobs. 

Also Read:

SEBI Grade A VS PFRDA Grade A: Which one to choose?

Full form of SEBI & Other Details

Are SEBI Employees Allowed To Invest?

The post SEBI Grade A Legal vs PFRDA Grade A Legal: Similarities and Differences appeared first on ixambee.

The PFRDA exam 2024 is yet to be announced, but preparing in advance will never hurt you. If you are aiming to become part of the PFRDA Grade A workforce, get ready for a challenging yet rewarding journey. The PFRDA exam consists of Phase 1 and Phase 2 exams with two papers each. Paper 1 of Phase 2 PFRDA Grade A Officer exam is descriptive English. In this article, we will try to understand how to prepare Descriptive English for the PFRDA Grade A Exam 2024?

PFRDA Grade A Phase 2 Exam

The PFRDA Grade A Phase 2 Paper 1 exam will be a test of Descriptive English. This paper will be common for aspirants from all streams. Essentially this test check’s a candidate’s drafting skills. For your benefit, the PFRDA Descriptive English exam pattern has been outlined for you in the table below.

PFRDA Descriptive English Syllabus

Essentially, the PFRDA Descriptive English test will assess the following three questions:

• Precis Writing
• Essay Writing
• Comprehension

Now, let us understand how we can prepare for the same.

PFRDA Descriptive English

Now that we have brushed up on the basics, it is time to nose-dive straight into the best tips for the PFRDA Grade A Descriptive English test.

• First and foremost, it is best to be clear on one point. That is since this is a test of Descriptive English, there is no option but to practice by writing full-length answers during your practice stage.
• Moreover, it would be even better if you can type out your answers on a desktop or laptop since you will be required to do so in the actual exam as well. Do not neglect your typing speed. It can make or break your performance.
• If you are not used to typing out long texts on a keyboard, it would be best to start today.
• When you are writing an essay, it would be a good idea to draw a rough blueprint in your mind before you start writing. This will help you gain clarity on what you want to say and how you say it.
• Once you have drawn up a framework in your mind or on a rough sheet of paper, you can go ahead and elaborate on the points that you want to discuss.
• Similarly, when it comes to essays, try to put your point across as briefly as you can. After all, this is a test of your drafting skills.
• Remember, in any descriptive test, it is of utmost importance to be careful of how you are expressing your point as there is no concrete right or wrong answer in this test as there is in an objective/MCQ-type test.
• If there is an advisory word limit for each type of question, it would be best to stick to it. Do not go on writing unnecessarily. This will also reduce the scope for mistakes.
• Once again, in closing, we would like to remind you that this is a test of your writing/drafting skills. So, practice by writing.

We are also most happy to tell you that you can practice many Descriptive English mock tests with ixamBee’s PFRDA Grade A Phase 2 Crash Course. What is more, your tests will be reviewed within 24 hours by our experts and you will be given a performance-based feedback as well.

To help you prepare 50% faster for competitive exams, ixamBee provides free Mock Test Series all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI  NABARD and Other Government Jobs.

Also Read

Some RBI Grade B Preparation Tips for Non-Banking Backgrounds 

How to Prepare for SEBI Grade A Exam 2024 in Less Time 

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This article discusses Prospectus and types. With PFRDA GRADE A 2022 mains and SEBI GRADE A 2023 exam in line, this article will give you an overall understanding of Prospectus with a detailed explanation. Also, this article will give a layman’s understanding to someone who is unfamiliar with the term “Prospectus”.

So before learning about types of Prospectus, let us know what a Prospectus is.

The prospectus is a legal document, which outlines the company’s financial securities for sale to investors. According to the companies act 2013, there are four types of prospectus, abridged prospectus, deemed prospectus, red herring prospectus, and shelf prospectus.

The prospectus can help investors make more informed investment decisions because it contains a host of relevant information about the investment or security. In areas other than investing, a prospectus is a printed document that advertises or describes an offering such as a school, commercial enterprise, forthcoming book, etc. All forms of prospectus exist to attract or inform clients, members, buyers, or investors.

Understanding Prospectus:

As per the Companies Act, 2013, a prospectus can include information such as an advertisement, circular, or notice among other legal documents inviting the public to the offering. Also, the prospectus should be issued only for the purchase of a company’s securities.

In order for a document to be considered a prospectus, it should act as an invitation for the public to purchase stocks/shares, debentures, or other instruments. Also, the prospectus should be issued by the company or an institution on behalf of the company and made solely for the public.

In case a private company wishes to convert to a public company, it is required to either issue a prospectus or file a statement in lieu of a prospectus of which the provisions are mentioned under Section 70 of the Companies Act, 2013

Essentials for a document to be called a Prospectus:

For any document to be considered a prospectus, it should satisfy two conditions. The document should invite the subscription to public share or debentures, or it should invite deposits. Such an invitation should be made to the public. The invitation should be made by the company or on behalf company. The invitation should relate to shares, debentures, or other instruments.

The Relevance of the Prospectus

Below is a few reasons why reading a prospectus is essential before investing.

You get to know more about the company: It is always wise to know all about where you put your money. This is especially true when investing in a company’s securities. Not only this can give you a better idea about the potential of the securities and the company itself, but it can also help you measure how much investing in the company is in alignment with your investment horizon. 

You get to know more about the securities: There are various securities that a company can offer to the public. This may include stocks, bonds, or even other debt instruments. Going through the prospectus can tell you more about the securities they are trying to sell you. Understanding this can help you make better investment decisions.

For instance, if you are reading a prospectus to find out more about a bond that a company is offering, you can learn about its price, type, face value, coupon rate, etc. This information can help you do your calculations before investing, making planning much easier. 

You get to know why they are raising money: There is no business that doesn’t aspire to growth. Every business owner will keep trying to expand their clientele so as not to become stagnate in a fast-growing economy. That means there will be plenty of reasons for companies to raise capital, but it is wise to check why they are raising the money before deciding to invest. This can help you understand if the company’s growth plans align with your risk appetite. For instance, if a company is raising money for an aggressive growth move, you might be better off investing in them if your investment choices are conservative. 

Prospectus and its Contents:

The prospectus contents are specified in the Companies Act. The prospectus must touch on the following content points:

1. Details of the company, such as name, registered office address, and objects
2. Details of signatories to the Memorandum and their shareholding particulars
3. Details of the directors
4. Details of shares offered and the class of the issue as well as voting rights
5. Minimum subscription amount
6. The amount payable on application, on the allotment, and on further calls
7. Underwriters of issue
8. Auditors of the company
9. Audited reports regarded the profit and losses of the company

Different types of prospectus

As mentioned above, a prospectus is a legal document as well, and the same is submitted to the Securities and Exchanges Board of India (SEBI). There are different stages that a prospectus will go through before SEBI approves one. The first stage is often the filing of a preliminary prospectus. As the name suggests, this document may only the preliminary data related to the offering. Investors can use this to gain early information about the investment opportunity to simplify the planning part. Once that is approved, the company may file a final prospectus, which SEBI will inspect. 

Now, there are different types of a prospectus that companies file, according to what security they are planning to issue. Below are some of the kinds of prospectus filings.

Red herring prospectus

Thanks to the kind of demand that the IPO market sees these days, the red herring prospectus has become a known name among many investors. For those who don’t know, a red herring prospectus is a document filed to SEBI before an IPO. During an IPO, a private company becomes public, and a lot of information has to be then disclosed to the public. Companies use a red herring prospectus to publicize this information. The document thus will contain their financials, performance numbers, goals, risks, etc., making it an ideal record for investors to dig deep and find the potential and risk in investing in the particular company. 

Shelf Prospectus

A shelf prospectus is filed when a company intends to issue bonds. Bonds are a way for companies to borrow money to raise capital from the public. Unlike lending from a bank, issuing bonds can be a more affordable option. At the same time, as far as investors are concerned, it is an opportunity to get returns through a less risky investment option.

Reading the prospectus before investing in bonds will help you better understand the same. In addition, there are important numbers such as coupon rate, face value, tenure, etc., that you should look at before investing in a bond, and all this information is available in a shelf prospectus. In the case of a shelf prospectus though, the company will not have to file another one to reissue bonds. In fact, a company can issue bonds up to four times once they issue a prospectus. 

Abridged prospectus

It is a type of prospectus that contains the list of all the prospectus and offers that the company has completed. This is for investors like you to understand more about the company and use it for research in decisions related to investment in the company.

Deemed prospectus

Under the implication of law, any document from the company that is meant to sell shares is considered a prospectus. Deemed prospectus becomes important when a company intends to bypass the SEBI laws and issue securities through an intermediary. Here, whenever the company issues securities, even when it is done through a merchant bank or a broker, the company has to issue a document of an offer for sale. This document is called a deemed prospectus. This way, the sale of securities is marked, and investors’ rights are protected even when the company is trying to sell its stocks through intermediaries.

CONCLUSION

A prospectus is basically a formal and legal document issued by a body corporate that acts for inviting offers from the public for subscription or purchase of any securities. Every public company is entitled to issue a prospectus for its shares or debentures. But, the same is not required for a private company.

Hope this article has provided you with a thorough understanding of Prospectus and the types of Prospectus which will be helpful in your future exams.

References: Clear-Tax, Edelweiss,IPleaders and Tavagapedia

To help you prepare 50% faster for competitive exams, ixamBee provides free Mock Test Series for all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI  NABARD, and Other Government Jobs.

Also, Read

RBI and Currency Management

All About Saarthi App

The post Prospectus and Types appeared first on ixambee.

Let us first go through the PFRDA Grade A exam pattern 2022

Phase 1: Paper 1

PAPER 2

Now let us see from which all topics questions were framed for paper 1

Paper1:

The below table gives the question distribution from different sections of Paper 2

Overall the level of the exam was easy to moderate. Regular giving of mocks would have ensured candidates easily solved the questions. The general awareness section which most of the aspirants fear due to the broad coverage turned out to be easy, a cakewalk for beepedia users. Paper 2 too was easy to moderate, again a duck soup for IXAMBEE subscribers. 

Click on the link below to get the detailed memory-based paper.

PFRDA GRADE A 2022- Memory Based Paper.

Key Takeaways

• Speed and accuracy for QRE.
• Coverage of current affairs with more emphasis on the last 3 months from the date of the exam.
• Regular giving of mock tests with proper analysis of it.
• Identify the key topic.

So, What Next?

The PFRDA Grade A 2022 mains exam is going to be held on 4th December 2022. Given the fact that there is hardly less than a month’s time for the main exam, we should gear up our preparations rather than expecting the phase 1 results. In order to ensure good marks in the main examination, paper 2 subjects need to be holistically covered with regular practice of descriptive writing. Not only will the practice be sufficient, but evaluation of your answers too is also important. So, you can enroll in any of the online platforms and start writing essays, formal business letters, and precise writing on a daily basis to develop a command as these topics are often neglected by aspirants.

CONCLUSION

As always I say, cracking an exam is not all about hard work. Its smart work and hard work put together gives you remarkable results. Out of 50 questions on paper 2, 43 are covered in our Ixambee content, which sets a benchmark of the content we provide to prepare students 50% faster. Beating around the bush with overload and irrelevant content can cost you the exam. It’s better late than never. Given that SEBI Grade A exam resembles PFRDA Grade A exam, courses offered at ixambee with mentor guidance will be paramount for your SEBI GRADE A 2023 exam preparation.

To help you prepare 50% faster for competitive exams, ixamBee provides free Mock Test Series for all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI  NABARD, and Other Government Jobs.

Also, Read

RBI and Currency Management

All About Saarthi App

The post PFRDA Grade A 2022(General) Phase1 Exam Analysis appeared first on ixambee.

Here to get the analysis for the PFRDA Grade A 2022 exam. Well, I can say, you are in the right place. This article will give you the best exam analysis for the PFRDA Grade A Phase 1 exam held on November 5, 2022. Although the exam was conducted for various streams- General, Research (Economics), Rajbhasa, and Legal, we will be analyzing only the General stream in this article. The way you analyze an exam can prove to be a stepping stone or stumbling block for your upcoming exams. So, a proper exam analysis is crucial for aspirants to take their journey of preparation in the right direction. And here we at ixamBee always strive to cater to the needs of aspirants in all possible ways, which is what we Ixambeeians are committed to. 

PFRDA Grade A Exam Pattern

Let us first go through the PFRDA Grade A exam pattern 2022

PFRDA Grade A Phase 1 Paper 1

PFRDA Grad A Phase 1 Paper 2

PFRDA Grade A Exam Analysis 2022

Now let us see from which all topics questions were framed for paper 1

PFRDA Grade A Paper 1

PFRDA Grade A Paper 2

The below table gives the question distribution from different sections of Paper 2

Overall the level of the exam was easy to moderate. Regular giving of mocks would have ensured candidates quickly solved the questions. The general awareness section which most of the aspirants fear due to the broad coverage turned out to be easy, a cakewalk for BeePedia readers. Paper 2 too was easy to moderate, again a duck soup for ixamBee subscribers. 

Click on the link below to get the detailed memory-based paper.

PFRDA GRADE A 2022 Previous Year Question Paper.

Key Takeaways

• Speed and accuracy for QRE.
• Coverage of current affairs with more emphasis on the last 3 months from the date of the exam.
• Regular giving of mock tests with proper analysis of it.
• Identify the key topics.

Also see: SEBI Grade A Legal vs PFRDA Grade A Legal: Similarities and Differences

So, What Next?

The PFRDA Grade A 2022 mains exam is going to be held on 4th December 2022. Given that there is hardly less than a month’s time for the main exam, we should gear up our preparations rather than expecting the phase 1 results. In order to ensure good marks in the main examination, paper 2 subjects need to be holistically covered with regular practice of descriptive writing. Not only practice will be sufficient, but evaluation of your answers too is also important. So, you can enroll in any of the online platforms and start writing essays, formal business letters, and precise writing on a daily basis to develop a command as aspirants often neglect these topics.

Conclusion

As always I say, cracking an exam is not all about hard work. Its smart work and hard work put together gives you remarkable results. Out of 50 questions on paper 2, 43 questions are covered in our Ixambee content which itself sets a benchmark of the content we provide to prepare students 50% faster. Beating around the bush with overload and irrelevant content can cost you the exam. It’s better late than never. Given that SEBI Grade A exam resembles PFRDA Grade A exam, courses offered at ixambee with mentor guidance will be paramount for your SEBI GRADE A 2023 exam preparation.

To help you prepare 50% faster for competitive exams, ixamBee provides free Mock Test Series all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI  NABARD and Other Government Jobs.

Also Read

Is Being Proficient in Maths Necessary for a Banking Career?

IBPS PO Prelims Exam Analysis 2022: October 15, 2022 Shift 1

PFRDA Assistant Manager 2022 Job Profile and Salary

NABARD Grade A Prelims 2022: Shift 1 and Shift 2 Exam Analysis

NABARD 2022 Phase 2 Exam Analysis: Detailed Analysis for Phase 2 Exam 2022

The post PFRDA Grade A Exam Analysis 2022: November 5 Phase 1 Exam for General Stream appeared first on ixambee.

PFRDA Grade A Notification 2022

Yes, the PFRDA 2022 notification for Assistant Managers was released on September 9, 2022. The PFRDA Grade A Phase 1 exam is likely to be held in the first week of November and Phase 2 in the 2^nd week of December.

So if you have not yet made up your mind about appearing for the PFRDA Grade A exam 2022 then kindly please note that PFRDA Grade A 2022 exam is worth a try because it is a great opportunity that government job aspirants like you should never miss. I will tell you why I say that it is a great opportunity but before that let me quickly take you through the PFRDA Grade A eligibility criteria, exam pattern and marks distribution.

PFRDA Grade A 2022 Eligibility Criteria 

Are you worried that you may have crossed the age limit to be eligible for the exam? Well, do not worry, we have discussed the eligibility criteria in this section. You can check here below, whether you are eligible for PFRDA Grade A 2022.

Note that the PFRDA Grade A eligibility criteria and exam pattern discussed in this section are based on the PFRDA Grade A 2022 notification.

A candidate cannot apply for more than 2 streams based on the eligibility requirements.

• Aspirants applying for the general stream should have a Master’s Degree in any discipline or Bachelor’s Degree in Law or Bachelor’s Degree in Engineering from a recognized university or CA/CFA/CS/CW.
• The ones who are interested in Acturial must be a graduate from a recognized university/institute and passed or exempted from the Seven (07)’ Core Principles’ subjects of the Institute of Actuaries of lndia (lAl) Examination

To be eligible for the finance stream you should:

• Have graduated from a recognized university Associate Chartered Accountant (ACA) or Fellow Chartered Accountant (FCA) from ICAI (Institute of Chartered Accountants of India).
• Be an associate Cost and Management Accountant (ACMA) [while Associate of Institute of Cost & Works Accountant of India (AICWA)] or Fellow Cost and Management Accountant (FCMA) [ erstwhile Fellow of Institute of Cost & Works Accountant of India (FICWA)] from Institute of Cost Accountants of India (ICMAI) [while Institute of Cost & Works.
• Should be an accountant of India (ICWAI)] / Associate Company Secretary (ACS) or Fellow Company Secretary (FCS) from Institute of Company Secretaries of India (ICSI) / Chartered Financial Analyst (CFA) from CFA Institute.
• Any candidate who is willing to apply for Information Technology should have a bachelor’s degree in Engineering (electrical/electronic and communication/information technology/computer science) / Master’s in Computer Application / Bachelor’s Degree in any discipline with a minimum two-year post-graduation degree in computers/information technology. Minimum Experience: Post Qualification experience of two (02) years in the field of Information Technology.
• The ones interested in the Official Language (Rajbhasha) should have done Master’s in Hindi with English as one of the subjects at the Bachelor’s Degree level or a Master’s Degree in Sanskrit/ English/ Economics/ Commerce with Hindi as a subject at the Bachelor’s Degree level from a recognized University / Institute.
• Aspirants interested in Research Economics should have a master’s degree in Economics/ Econometrics.
• If you want to apply for Research (statistics) then you should have a master’s degree in statistics.

Age Criteria for PFRDA Grade A 2022

As per the PFRDA Grade A 2022 notification, any person who is not more than 30 years old as on July 31, 2022, is eligible to appear for the exam. This means the candidate should be born on or after August 1, 1992. Keep following us on TargetRBI/ AgriBee-Agriculture Exams/ SSCBee: SSC, Railways and Defence Exam Preparation.

PFRDA Grade A Exam Pattern 2022

Now let’s move to a very important part which is the PFRDA Grade A exam pattern 2022. Have a clear understanding of the exam pattern before starting your preparation so that you know how to prepare         

PFRDA Phase 1 Exam General Stream

Paper 1 of Phase 1 has subjects like the English language, Quantitative Aptitude, Test of reasoning and general awareness that are common in almost all the competitive exams

For Paper 2 of phase 1, you will be asked multiple choice questions on Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector

PFRDA Phase 2 Exam General Stream

Paper 1 of Phase 2 has descriptive English to assess the drafting skills of a candidate

Paper 2 of Phase 2 has the same subjects that paper 2 of Phase 1 has except pension sector

PFRDA Phase 1 Exam for Other Streams

Paper 2: Actuarial, Information Technology, Official Language, Finance & Accounts, Research (Economics) and Research (Statistics): – Specialization subjects based on your stream.

Also see: PFRDA Grade A Syllabus 2022

Why Should You Appear for PFRDA Grade A Exam 2022?

 Many of you must be having a question in your mind “Why shall we appear for PFRDA Grade A 2022?” – Well we have a perfect answer to your question.

 What is PFRDA?

 First, let us give you a brief idea of what PFRDA is and what it does.

 PFRDA is the acronym for Pension Fund Regulatory and Development Body of India. PFRDA is the regulator of the National Pension Scheme and is entrusted with the responsibility of governing, promoting, regulating and developing the pension sector in the country. It functions under the supervision of the Ministry of Finance.

If you meet all the eligibility requirements, then you should appear for PFRDA Grade A 2022 for the following reasons

The PFRDA is a major and highly reputable regulatory body under the Ministry of Finance.

It is a government job that will give you financial security and it is a highly respectable job. Every time PFRDA released its notification for Grade A officers, a lot of aspirants applied for it. We are sure that even this year the notification will attract a lot of applications.

Also read: Full Form of PFRDA with All Details

PFRDA Grade A Career Opportunities

Have a look at an interesting career path at PFRDA

The PFRDA Grade A exam is conducted for the post of Assistant Manager. Once appointed as an assistant manager, you can grow in the following order –

PFRDA Grade A Salary, Perks and Privileges

As a PFRDA Grade A Officer, you can earn a salary as handsome as 18 lacs per annum approximately.

Breakdown of the PFRDA Grade A salary structure 2022.

A PFRDA Grade A officer is entitled to the following allowances

• Leave fare concession
• Medical Expenses
• Personal Accident Insurance
• Foreign Travel
• Provident Fund
• Dearness Allowance
• Refreshment Allowance
• Child Care Allowance
• Subsidized bills
• Eye refraction/cost of spectacles
• Education Allowances
• Conveyance Expense
• House Cleaning Allowance
• Staff Furnishing Scheme
• Scheme for Purchasing Computers

Life of a PFRDA Grade A officer

Let us give you a sneak peek into the life of a PFRDA Grade A Life. As a PFRDA Grade A officer, you will initially be on probation for one year. Based on your performance during the probation, your service in the organization will be confirmed.

 Once you get confirmed as a Grade A officer you will be entitled to a steady, stable, fulfilling and successful career. Post the confirmation of your service, you will have a great career path.

 Apart from an attractive salary and allowances, a PFRDA Grade A officer is also entitled to the following benefits like pension, paid holidays, government accommodation, transport facility, salary increment, incentives, stable income, leave and travel concession, health insurance, bonus, medical facilities and more.

Why Is This Good News For Sebi Grade A 2023 Also?

If you are preparing for the SEBI Grade A 2023 exam, then our latest update on the PFRDA Grade notification is a blessing in disguise because you can give the PFRDA Grade A 2022 exam. If you are wondering what is the similarity between SEBI Grade A and PFRDA Grade A, then you will be delighted to know that Paper 1 of Phase 1 is the same for both exams. Moreover, Paper 2 of Phase 1 is also the same with just the pension sector as an additional subject. And you will be even happier to know that the entire phase 2 of both exams is the same.

Now isn’t that great news for the SEBI aspirants as it is always good to have a strong alternative to fall back on? One should always have a backup plan. It is strictly advisable to not rely on just one exam. It is always good to prepare for more than one exam simultaneously.  Besides, it will give you an idea of the level of difficulty of the SEBI Grade A 2023 exam and the kind of questions that can be asked for the SEBI Grade A 2023 exam. Appearing for PFRDA Grade A 2022 will just prepare you well for SEBI Grade A 2023 exam.

We would like to conclude by saying that a person is defined by the kind of opportunities he or she grabs. One should never miss any good opportunity that comes one’s way because every good opportunity is a stepping stone to success and great accomplishments. So do not miss this golden opportunity of working for one of the most important regulatory bodies of our country as a Grade A officer.

PFRDA Grade A Exam Preparation

For comprehensive coverage of the PFRDA Grade A syllabus in a short duration, you can refer to ixamBee’s PFRDA Grade A Online Course which will prepare you for the exam through our crisp videos, concise material, free mock tests, sectional and topic-wise tests and guidance from our expert faculty.

Hence do not wait for the notification and start your preparation. We are here to guide you in your preparation and improve your chances of getting selected for the job.

With this, we would like to wish you all the best for PFRDA Grade A 2022.

Wish you a very happyyyyyyyyyyyyy Preparation.

At ixamBee you can find free Online Test Series, GK updates in the form of BeePedia, as well as latest updates for Bank PO, Bank Clerk, SSC, RBI, NABARD, and Other Government Jobs.

Also read

Why Should You Prepare for RBI Grade B, NABARD Grade A and SEBI Grade A together?

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