Are you a government job aspirant? Are you eagerly waiting for the notification of some exciting and prestigious government job? If that is the case, then I am glad to inform you that your wait is almost over because the PFRDA Grade A 2022 notification is here!!!!
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 2nd 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
| Maximum marks for all the four sections | 25 |
| Number of questions in each section | 20 |
| Total time duration for paper 1 | 60 minutes |
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
| Maximum marks of paper 2 | 100 |
| Number of Questions | 80 |
| Total duration for paper 2 | 40 minutes |
PFRDA Phase 2 Exam General Stream
Paper 1 of Phase 2 has descriptive English to assess the drafting skills of a candidate
| Maximum marks | 100 |
| Number of questions | 3 |
| Duration | 60 minutes |
Paper 2 of Phase 2 has the same subjects that paper 2 of Phase 1 has except pension sector
| Maximum marks | 100 |
| Duration | 40 |
| Number of questions | 50 |
PFRDA Phase 1 Exam for Other Streams
| Maximum marks for all the four sections | 25 |
| Number of questions in each section | 20 |
| Total time duration for paper 1 | 60 minutes |
Paper 2: Actuarial, Information Technology, Official Language, Finance & Accounts, Research (Economics) and Research (Statistics): – Specialization subjects based on your stream.
| Maximum marks | 100 |
| Number of Questions | 50 |
| Total time duration | 40 minutes |
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 –
| Chairperson |
| Whole Time Member |
| Executive Director |
| Chief General Manager |
| General Manager |
| Deputy General Manager |
| Assistant General Manager |
| Manager |
| Assistant Manager (You start here) |
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.
| Grade A officer – Pay Scale | Rs.44500-2500(4)-54500-2850(7)-74450-EB-2850(4)- 85850-3300(1)-89150 (17 years). |
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.
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Why Should You Prepare for RBI Grade B, NABARD Grade A and SEBI Grade A together?