The International Financial Services Centres Authority (IFSCA) is a statutory regulatory organization created by an Act of Parliament to develop and oversee the financial services sector in India’s IFCs. Regarding financial goods, financial services, and financial institutions in the IFSC, the IFSC Authority has been granted authority to perform the functions of the RBI, SEBI, IRDAI, and PFRDA.
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- Set your goals: The very first thing is to decide what you want to achieve. Be specific and realistic about your goals. For example, if you are preparing for the IFSCA exam, set a goal date to take the exam.
- Prioritize your subjects: After setting your goals, prioritize the subjects that need more of your attention. You can divide your subjects into high weightage and low weightage.
- Allocate time: Based on the weightage and time required, allocate time to each subject. Make sure to give more time to the subjects that require more attention.
- Make a timetable: Once you have allocated time, make a timetable or schedule of your study plan. Divide your day into slots and assign each slot to a specific subject.
- Include breaks: Include time for breaks between your study schedule. It will help you to relax and rejuvenate your mind.
- Track your progress: Track your progress to see how well you are doing. It will help you to identify areas where you need to focus more.
- Revise and practice: It is important to keep revising what you have learned and practiced regularly. Make sure to dedicate some time to revision and practice.
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Important Topics For IFSCA Grade A
Regulatory Framework | Insolvency and Bankruptcy Code |
Capital Adequacy | Financial Inclusion and Financial Literacy |
Risk Management | Payment and Settlement Systems |
Corporate Governance | Compliance Management |
Consumer Protection | Biometric Authentication and Security in Banking Transactions |
Asset Quality and Credit Risk Management | Digital Banking and Financial Technology (Fintech) |
Liquidity Risk Management | Financial Stability |
Market Risk Management & Cross-border financial services | Governance and Operational Practices of Financial Market Infrastructures |
Anti-Money Laundering and Combating Financing of Terrorism (AML/ CFT) | Customer Due Diligence and Know-Your-Customer (KYC) norms |
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IFSCA Grade A Exam’s Eligibility
Graduates from all streams can apply for this post.
What is the salary of IFSCA Grade A (Assistant Manager)?
Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years).
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