PFRDA Grade A Finance and Accounts 2024 Highlights
Many candidates who dream of a stable government job are eagerly expecting the PFRDA recruitment this year, for the post of Grade A scale Assistant Manager. The notification is expected to cover several streams, each offering unique opportunities for candidates interested to join the Pension Fund Regulatory and Development Authority (PFRDA). This is a great chance for people with knowledge and experience in finance and commerce to get good position at PFRDA as Grade A Finance Officer.
Prospective candidates can to refer to the previous recruitment notification to know more about the PFRDA Grade A Exam 2024 and other vital details. This way better preparation and understanding of the recruitment process can be achieved. The PFRDA exam is yet to be announced and presents a golden opportunity for qualified individuals in diverse streams and in promising vacancies. Candidates qualified in finance and accounts should gear up to apply for the PFRDA Finance Officer exam as soon as the PFRDA Grade A Notification for 2024 gets released.
PFRDA Grade A Finance Exam Pattern
The PFRDA Grade A Finance Exam Pattern and Syllabus is an essential aspect for preparing for this specialized stream. Candidates should have a thorough understanding of the exam pattern as it is vital for effective preparation, and candidates can utilize PFRDA Grade A Free Mock Tests and previous year's question papers to enhance their performance in the PFRDA Grade A Finance Exam. The PFRDA Grade A exam is in the following three phases.
PFRDA Grade A Phase 1 Exam Pattern
The PFRDA Grade A exam pattern for Finance and Accounts Phase 1 is in two papers – Paper 1 and Paper 2, a multiple-choice online exam to assess candidates' proficiency and skill-set. In Paper 1, which is common for all streams, candidates will face four sections covering subjects vital for a comprehensive evaluation. On the other hand, Paper 2 will specifically target the Finance and Accounts stream, featuring questions specific to the applied field.
It's important to note that Phase 1 is a qualifying exam, and the marks obtained won't contribute to the final merit list. However, candidates must pass the exam and is decisive to reach the Mains exam, as incorrect answers will incur a penalty of 1/4th of the marks for each wrongly attempted question. Candidates can know the detailed PFRDA Grade A exam pattern for Finance and Accounts Phase 1 – Paper 2. Detailed PFRDA Grade A exam pattern 2024 for Phase 1 - Paper 2 can be obtained from the table below.
| Paper | Stream / Subject | Maximum Marks | Number of Questions | Time Duration |
|---|---|---|---|---|
| Paper 1 All Stream: Multiple choice questions on the subjects | English Language | 25 | 20 | 60 minutes |
| Quantitative Aptitude | 25 | 20 | ||
| Test of Reasoning | 25 | 20 | ||
| General Awareness (including some questions related to financial sector) | 25 | 20 | ||
| Total | 100 | 80 | ||
| Finance & Accounts Stream: Multiple choice questions on Specialised subject related to stream. | 100 | 50 | 40 minutes | |
PFRDA Grade A Phase 2- Exam Pattern
The PFRDA Grade A Mains exam, or Phase 2, continues the two-paper format – Paper 1 and Paper 2. Paper 1 is a Descriptive English paper and is common for all streams, where candidates' proficiency in English writing skills will be tested. While, Paper 2 is subject-specific to the chosen stream. Finance and Accounts in PFRDA Grade A Phase 2, Paper 2 adopts a multiple-choice question format.
To progress to the next stage, candidates must secure separate cut-offs in each paper and an overall cut-off in the PFRDA Grade A Phase 2 examination is also essential. The detailed PFRDA Assistant Manager exam pattern for Finance Phase 2 is given below.
| Paper | Stream / Subject | Maximum Marks | Number of Questions | Time Duration |
|---|---|---|---|---|
| Paper 1 | All Stream: English (Descriptive Test) to test the drafting skills | 100 | 3 | 60 minutes |
| Paper 2 | Finance & Accounts Stream: Multiple choice questions on Specialised subject related to stream. | 100 | 50 | 40 minutes |
Interview
Candidates who pass Phase 2 will move on to Phase 3, which is the Interview stage. This phase is important because it contributes to 15% of the final selection score. Candidates can choose to attend the interview in either Hindi or English. It's worth noting that Phase 2 Online marks carry a significant weightage of 85%, highlighting the need for a good performance in this stage to get a desirable position as a PFRDA Grade A Assistant Manager in Finance and Accounts.
PFRDA Grade A Finance and Accounts Syllabus 2024
The PFRDA Grade A syllabus for the Finance stream covers an exhaustive range of topics. The PFRDA Grade A syllabus 2024 for Finance is mentioned below in detail.
Phase 1 - Paper 1 Syllabus
The PFRDA Grade A syllabus for the Finance stream in Phase 1 – Paper 1 is to assess /evaluate/test candidates in the skills of English Language, logical and analytical skills through Reasoning, testing awareness in General Awareness, and assessing quantitative abilities in Quantitative Aptitude. A targeted preparation across these subjects is required for excelling in the initial phase of the PFRDA Grade A Finance examination. The detailed PFRDA Grade A exam syllabus for Finance Phase 1- Paper 1 can be obtained from the syllabus dedicated page.
| Section | Topics |
|---|---|
| English Language | Anonyms, Homonyms, Antonyms, Spelling, Word formation, Idioms and phrases, Fill in the suitable words, Grammar, Spotting errors, Sentence correction, Active/ passive voice, Phrases and idioms, Direct and indirect speech, Reading Comprehension, Passage completion, Theme detection, Deriving conclusion, Rearrangement of passage |
| Quantitative Aptitude | Simplification and approximation, Number Series, Quadratic Equation, Number System / HCF & LCM, Ratio and Proportion, Average, Partnership, Ages, Percentage, Profit & Loss, Time, Speed & Distance, Problems on Trains, Boat and Stream, Time & Work / Pipes and Cisterns, Simple and Compound Interest, Mixture & Allegations, Permutation and Combination, Probability, Data Interpretation (DI), Caselet DI and Data Sufficiency |
| Reasoning | Analogy, Classification, Word formation, Statement and conclusions, Syllogism, Statement and assumptions, Statement and arguments, Coding decoding, Blood relations, Passage and conclusions, Alphabet test, Series test, Number, ranking and time sequence, Direction sense test, Decision-making test, Figure series, Input/output, Assertion and reasoning, Sitting arrangement, Odd figure out, Analogy, Series test, Miscellaneous test |
| General Awareness | Monetary Policies, Banking and Financial Awareness, Economic Terms, Current Affairs, Static GK, Financial and Economic News, Government Schemes. Agreement & Deals, Banking Terms- rates & processes, National Institutions |
Phase 1- Paper 2 Syllabus
In the PFRDA Grade A syllabus for the Finance stream in Phase 1 – Paper 2 for 2024, candidates can anticipate multiple-choice questions from various domains within the field of finance. This segment evaluates candidates' knowledge and expertise in specific financial concepts, with a focused assessment of their subject-specific skills. Aspirants should have an in-depth knowledge into the intricacies of finance-related topics, for successful performance in the overall PFRDA Grade A Finance recruitment process. The detailed syllabus is mentioned below.
Phase 2 - Paper 1 Syllabus
The PFRDA Grade A 2024 syllabus for the Finance stream in Phase 2 – Paper 2 includes assessing candidates' descriptive English skills, in letter formatting and easy writing proficiency. This segment aims to evaluate candidates' ability to communicate effectively in written form, demonstrating clarity, coherence, and a command of language.
| Section | Topics |
|---|---|
| English Writing Skills | Precis Writing , Essay Writing , Comprehension |
Phase 2 - Paper 2 Syllabus
The PFRDA Assistant Manager syllabus for the Finance stream in Phase 2 – Paper 2 follows a multiple-choice question format, similar to Phase 1 – Paper 2. Only the difference is in the expected difficulty level of the questions. In Phase 2, candidates can anticipate a more challenging set of multiple-choice questions, reflecting a deeper assessment of their knowledge and understanding of finance-related concepts
| Section | Topics |
|---|---|
| The Basic Financial Statement |
|
PFRDA Grade A Finance and Accounts Important Books
Books make or break one’s exam preparation. Choosing appropriate study materials is very essential for success in the PFRDA Grade A Finance and Accounts exam. Understanding the exam pattern and syllabus is important for targeted preparation. For a well-rounded approach and latest updates our BeePedia can be your ultimate guide. To assist you with the PFRDA Grade A exam 2024 preparation, some important PFRDA Grade A books are mentioned below.
| Paper | Books | Author/Publisher |
|---|---|---|
| Securities Markets | Capital Markets & Securities Laws | N.S.Zad |
| Economic and Social Issues | Indian Economy | Uma Kapila or Mishra Puri |
| Indian Economy | Ramesh Singh | |
| Sociology | CN Shankar Rao | |
| Finance & Management | Financial Management | Prasanna Chandra or IM Pandey |
| Indian Financial System | Bharti Pathak | |
| Principles of Management | LN Prasad | |
| Organisational Behaviour | SP Robins | |
| Quantitative Aptitude | Quicker Mathematics | BSC Publications |
| Quantitative Aptitude | RS Agarwal | |
| Class Notes | SS Bharti | |
| Reasoning Ability | A modern approach to verbal & Non-verbal reasoning | R.S. Agarwal |
| Verbal & Non-Verbal Reasoning | S.Chand | |
| Verbal & Non-Verbal Reasoning | Arihant Publication | |
| English Language | English Grammar | Wren & Martin |
| Word power made easy | Norman Lewis | |
| Descriptive General English | SP Bakshi | |
| General Awareness | Lucent GK Knowledge | Lucent Publication |
| English Descriptive | Descriptive English | S.P. BAKSHI |
| 151 Essays | S.C Gupta | |
| Letter writing | S.C Gupta | |
| Computer Awareness | Objective Computer Awareness | S.N. Prasad/Kiran Publication |
| Objective Computer Awareness for General Competitive Exams | Pillai/Arihant Publication |
PFRDA Grade A Finance and Accounts Exam Calendar
The PFRDA Grade A exam notification will be your complete guide featuring vital details such as the application link, exam dates, and admit card release. For a smooth and informed application process candidates should carefully check the notification for important updates and timelines. Additionally, those belonging to reserved categories may be can avail pre-examination training, providing valuable preparation resources. For further details on PFRDA Grade A exam schedule 2024, refer to the table below.
PFRDA Officer Grade A (Assistant Manager) Important Exam Dates 2024
| Events | Important Exam Dates |
|---|---|
| Online Registration and Payment of Online Fees/Intimation Charges | To be notified later |
| Phase 1 Online Exam Dates | To be notified later |
| PFRDA Grade A Phase 1 Online Exam Result | To be notified later |
| Phase 2 Online Examination | To be notified later |
| Phase 2 Online Exam Result (Candidates with roll numbers have qualified in the Phase 2) | To be notified later |
| Phase 3 Interview Dates | To be notified later |
| PFRDA Grade A Final Result | To be notified later |
PFRDA Grade A Finance Eligibility
PFRDA Grade A Eligibility Criteria is another important aspect to be abie to apply for the exam. Aspiring candidates must hold a Graduate degree in the relevant stream for them to be eligible to apply for the examination. Notably, no minimum percentile criteria are mentioned, emphasizing the importance of possessing the requisite educational qualification. For a more detailed understanding of the PFRDA Grade A qualification criteria, interested individuals are encouraged to refer to the comprehensive information in the table below. Also you need to lie within the prescribed PFRDA Grade A to fulfil the age limit criteria. The PFRDA Grade A notification also states the PFRDA Grade A age relaxation for the reserved categories and PwBD candidates.
PFRDA Grade A Finance Vacancy 2024
The PFRDA for the Finance and Accounts stream announced a total of 02 vacancies in the last recruitment. Notably, both vacancies were exclusively for the unreserved category. Check the table below for detailed PFRDA Grade A vacancies in the Finance stream.
| Stream | Number of Posts | Out of which PwBD | Total Posts | ||||
|---|---|---|---|---|---|---|---|
| SC | ST | OBC | EWS | UR/ GEN | |||
| Finance & Accounts | - | - | - | - | 02 | - | 02 |
PFRDA Grade A Salary 2024
The PFRDA Grade A Salary Structure is quite appealing for those who wish for a long and fruitful career. It is defined as Rs. 44,500-2,500(4)-54,500-2,850(7)-74,450-EB-2,850(4)-85,850-3,300(1)-89,150 (17 years). In addition to the basic pay, officers receive various benefits in the form of allowances such as Leave Fare Concession, Medical Expenses, Personal Accident Insurance, Education Allowance, and others under the Staff Furnishing Scheme. The current Cost to the Company (CTC) for a PFRDA Grade A Officer is approximately Rs 18 lacs annually. It's important to note that officers are on probation for one year from joining, during which they undergo initial training and orientation within the organization.
| Post | Salary |
|---|---|
| PFRDA Grade A (Assistant Manager) |
|
PFRDA Grade A Finance Online Course
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