IFSCA Grade A Exam Analysis 2024: The International Financial Services Centres Authority (IFSCA) conducted the IFSCA Grade A 2024 exam for Phase 1 on 1st September 2024. This is the first stage of the IFSCA Grade A 2024 exam and the candidates who want to grab the Assistant Manager’s post will have to clear it to reach the 2nd Phase of the exam. In this blog, we will share the IFSCA Grade A Exam Analysis 2024, shedding light on the section-wise review, and difficulty level, and more.
IFSCA Grade A Exam Analysis 2024
Candidates’ feedback says the questions asked in the IFSCA Grade A Phase 1 exam were of moderate difficulty level. The IFSCA Grade A exam is conducted in many phases. The first Phase 1 is an online examination. It is a screening test and it decides which candidates will move on to the next stage of the selection process. Therefore, it is important to clear this Phase of the exam.
IFSCA Grade A Prelims Exam Analysis 2024, 1 September: Difficulty Level
The Reasoning and Quantitative Aptitude sections of the Phase 1 exam were difficult for some candidates, mainly because they demanded a lot of time for thinking and calculation questions. On the other hand, the English section was the easier. The General Awareness section was also easy but for those who had prepared it well, especially its financial awareness part. All in all, the overall difficulty level of the IFSCA Grade A 2024 Phase 1 exam was Moderate. Check out the table below to know that difficulty level of each section of the exam:
| IFSCA Grade A Phase 1 Exam Analysis 2024, 1 September: Difficulty Level | ||
| Paper | Section | Difficulty Level |
| Paper 1 | General Awareness | Easy to Moderate |
| English Language | Easy | |
| Quantitative Aptitude | Easy to Moderate | |
| Reasoning | Easy to Moderate | |
| Paper 2 | General Stream | Moderate |
| Overall | Moderate | |
IFSCA Grade A Phase 1 Exam Analysis 2024: Section-wise Analysis
The IFSCA Grade A 2024 Phase 1 exam was a well-balanced test, challenging candidates across various sections. While the Reasoning and Quantitative Aptitude sections tested candidates’ problem-solving skills under time pressure, the English and General Awareness sections provided opportunities to score.
IFSCA Grade A Prelims Exam Analysis 2024: Reasoning
Below is the IFSCA Grade A Phase 1 Exam Analysis 2024 for the Reasoning Ability section. Check out the topics and the number of questions that were asked in the exam:
- Seating Arrangement (8 Persons, Single Row, Facing North)-5 Questions
- Circular Seating Arrangement (4 Facing Inside, 4 Facing Outside)-5 Questions
- Inequalities (3 Conclusions were given)-3 Questions
- Pair Formation-BRIGHT
- Digit Based Question
- Direction Based-4 Questions
- Blood Relation-2 Questions
IFSCA Grade A Phase 1 Exam Analysis 2024: General Awareness
Below is the IFSCA Grade A Phase 1 Exam Analysis 2024 for the General Awareness section. Check out the topics that attracted questions in the exam:
- Human Development Index
- Beti Padhao, Beti Bachao
- ICC Ambassador
- GDP Forecast For Financial Year 2023
IFSCA Grade A Exam Analysis 2024: English Language
Below is the IFSCA Grade A Phase 1 Exam Analysis 2024 for the English language. Check out the topics and the number of questions that become part of the exam:
- Word Swap-5 Questions
- Reading Comprehension-7 Questions
- Double Fillers-3 Questions
- One Word Substitution-4 Questions
- Spot The Error-5 Questions
- One Word Rearrangement
IFSCA Grade A Prelims Exam Analysis 2024: Quantitative Aptitude
Below is the IFSCA Grade A Phase 1 Exam Analysis 2024 for the Quantitative Aptitude section. Here are the topics that became part of the exam:
- Approximation-5 Questions
- Caselet DI- 5 Questions
- Missing Number Series-5 Questions
- Arithmetic(Boat & Stream, Percentage, Profit & Loss, Ratio, Partnership, etc.)
IFSCA Grade A Phase I Exam Analysis 2024, Paper II
The topics that became part of the Paper II of the IFSCA Grade A Phase I Exam 2024 are listed below:
- Cash Management Bills Tenure
- Sovereign Gold Bill Tenure
- Partnership Act Tenure
- ISRO
- PV Ratio
- MUDRA Scheme
- Stand Up
- T Bills Tenure
- Current Ratio
- Self-Help Groups
- Communication
IFSCA Grade A Phase I Exam Pattern 2024
The Phase 1 exam has various sections that examine candidates’ reasoning ability, their aptitude, and their general awareness of multiple topics with the main focus on the financial sector. Here is the exam pattern for the IFSCA Grade A Phase 1 exam:
| IFSCA Grade A Phase 1 Exam Pattern 2024 | ||||
| Papers | Subjects | No. Of Qs. | Max Marks | Duration |
| Paper 1 | General Awareness | 25 | 25 | 60 Minutes |
| English Language | 25 | 25 | ||
| Quantitative Aptitude | 25 | 25 | ||
| Reasoning | 25 | 25 | ||
| Total | 100 | 100 | ||
| Paper II | General Stream: MCQs on General Studies | 50 | 100 | 60 minutes |
| Legal Stream: MCQs on Specialised Subjects | 100 | |||
FAQs
Candidates can get all the details of the IFSCA Grade A Exam Analysis 2024 for Phase 1, conducted on 1st September from the blog above. Check out the analysis and take a Free Mock Test to start your Phase 2 Preparation.
As per the candidates” feedback, the the difficulty level of the IFSCA Grade A Phase 1 Exam 2024 was Moderate.
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