IFSCA Phase 2 2023 Exam-Best 20 Days Study Plan

IFSCA Assistant Manager Phase II Exam is expected to be conducted on 13 May 2023. As always, this year too, candidates who cleared OPhse 1 exam will be getting ready to appear for the IFSCA Grade A Phase 2 exam. If you too are among them and want to crack the IFSCA Grade A Exam 2023 in first attempt, you must design the best study plan to cover the syllabus coupled with the best Mock Tests for practice.

Given below is the best 20 days study plan for IFSCA Grade A exam success.

Take the best & the cheapest IFSCA Phase 2 2023 Mock Test package & Clear the exam!

IFSCA Grade A Main Online Exam 2023

PaperStreams/SubjectsMaximum MarksDurationCut OffWeightage
Paper 1English (Descriptive Test)(a) Precis Writing – 35 marks(b) Essay writing – 30 marks (c) Comprehension- 35 marks10060 minutes30%1/3rd
Paper 2Multiple choice questions on subjects like IFSCA Act, Union Budget, Economic Survey, Banking, Capital Market, Insurance, Pension Funds, Bullion, GIFT City, GIFT IFSC, IFSCA, Global Financial Centres, etc. (50 questions X 2 marks each) 10060 minutes40%2/3rd
Aggregate Cut-Off 40%
  1. Candidates shortlisted for Phase II will receive new Hall Tickets.
  2. Paper 2 in Phase II has a negative marking (1/4th of the marks assigned to the question).
  3. Paper 1 has a minimum cut-off of 30% and Paper 2 has a minimum cut-off of 40% in Phase II.
  4. Candidates must secure separate cut-offs in each paper as mentioned above and an aggregate cut-off of 40% in the Phase II exam (weightage of 1/3rd for Paper 1 and 2/3rd for Paper 2) to be shortlisted for Phase III.
  5. Candidates equaling three times the number of vacancies shall be shortlisted for Phase III based on merit. A list of candidates shortlisted for Interviews will be made available on the IFSCA website.

Take the best & the cheapest IFSCA Phase 2 2023 Mock Test package & Clear the exam!

IFSCA Assistant Manager Syllabus – Phase II

Paper 1 is a descriptive paper in nature. In it, the candidates have to attempt an essay, comprehension, and precis. Whereas, in Paper 2, multiple-choice questions will be asked. Here are the topics that you need to master to maximize your score and clear the cutt off:

  1. IFSCA Act
  2. Union Budget
  3. Economic Survey
  4. Banking
  5. Capital Market
  6. Insurance
  7. Pension Funds
  8. Bullion
  9. GIFT City
  10. GIFT IFSC
  11. IFSCA
  12. Global Financial Centres
  13. IFSCA Act

Take the best & the cheapest IFSCA Phase 2 2023 Mock Test package & Clear the exam!

1. IFSCA Act

The International Financial Services Centres Authority (IFSCA) is a financial powerhouse that regulates and develops financial products and services in India’s International Financial Services Centre (IFSC). It operates as a unified authority under the International Financial Services Centres Authority Act, 2019, and is headquartered at GIFT City in Gandhinagar Gujarat.

2. Union Budget

The Union Budget is a financial statement that reflects the government’s vision for India’s economic growth and development. It is a roadmap that outlines the government’s priorities and goals for the upcoming fiscal year. Take Mock Test to test your knowledge of Union Budget.

3. Economic Survey

The Economic Survey is an annual report that provides an overview of India’s economic performance over the past year. It analyzes key trends and challenges facing the Indian economy and provides recommendations for policy reforms to promote sustainable growth. Take Mock Test to test your knowledge of the Economic Survey.

4. Banking

Banking is the backbone of the financial system and plays a pivotal role in the economy. It involves accepting deposits from customers and lending money to those who need it. It’s like a bridge that connects savers and borrowers. Take Mock Test to test your knowledge of the

5. Capital Market

The capital market is like a big financial playground where companies can raise funds for their operations and expansion by issuing stocks or bonds. It’s a place where long-term debt or equity-backed securities are bought and sold. This playground includes stock exchanges and over-the-counter markets. The capital market is an important part of the financial system as it provides a way for companies to raise funds for their operations and expansion. Take Mock Test to test your knowledge of the Capital Market.

6. Insurance

Insurance is like a safety net that protects individuals from unforeseen events such as accidents, illnesses, or natural disasters. It provides financial protection against losses incurred due to these events.

7. Pension Funds

Pension funds are like a savings account for retirement. They are investment funds that provide retirement income to individuals. They are managed by professional fund managers who invest in stocks, bonds, and other securities. Take Mock Test to test your knowledge of the Pension Funds.

8. Bullion

Bullion refers to gold or silver bars or coins that are traded as commodities on the international market. It’s like a safe haven for investors during times of economic uncertainty. Take Mock Test to test your knowledge of the Bullion.

9. GIFT City

GIFT City is India’s first operational smart city and international financial services center (IFSC) located in Gandhinagar, Gujarat. It’s like a hub for global financial services players to set up their base in India. Take Mock Test to test your knowledge of the GIFT City.

10. GIFT IFSC

The Gujarat International Finance Tec-City (GIFT) International Financial Services Centre (IFSC) is a multi-services SEZ with a world-class infrastructure that provides a platform for global financial services players to set up their base in India. It’s like a one-stop shop for all financial services. Take Mock Test to test your knowledge of the GIFT IFSC

11. IFSCA

The International Financial Services Centres Authority (IFSCA) was established under the International Financial Services Centres Authority Act, 2019. It works as a unified authority for the development and regulation of financial products, financial services, and financial institutions in the International Financial Services Centre (IFSC) in India. It’s like a watchdog that ensures the smooth functioning of the IFSC. Take Mock Test to test your knowledge of the IFSCA.

12. Global Financial Centres

Global Financial Centres are cities that have a significant concentration of financial institutions and markets. They play an important role in global finance by providing access to capital markets, facilitating international trade, and promoting economic growth. Take Mock Test to test your knowledge of the Global Financial Centres.

Take the best & the cheapest IFSCA Phase 2 2023 Mock Test package & Clear the exam!

IFSCA Phase 2 2023 Exam-Best 20 Days Study Plan

Day Mock Test
Day 1-Cover IFSCA
-Act Cover Union Budget  

Take IFSCA Grade A Phase 2 Mock Test 1 + Analysis
Day 2-Cover Economic Survey
-Cover Banking  

Take IFSCA Grade A Phase 2 Mock Test 2 + Analysis
Day 3Cover Capital Market
Day 4Cover Insurance
Day 5Cover Pension Funds  

Take IFSCA Grade A Phase 2 Mock Test 3 + Analysis
Day 6Cover Bullion
Day 7Cover GIFT City
Day 8Cover Pension Funds  

Take IFSCA Grade A Phase 2 Mock Test 4 + Analysis
Day 9Cover IFSCA
Day 10Cover Global Financial Centres  

Take IFSCA Grade A Phase 2 Mock Test 5 + Analysis
Day 11Cover IFSCA Act  

Take IFSCA Grade A Phase 2 Mock Test 6 + Analysis
Day 12Cover Pension Funds
Day 13Cover Pension Funds  

Take IFSCA Grade A Phase 2 Mock Test 7 + Analysis
Day 14Cover Banking  

Take IFSCA Grade A Phase 2 Mock Test 8 + Analysis
Day 15Capital Market
Day 16Cover Union Budget  

Take IFSCA Grade A Phase 2 Mock Test 9 + Analysis
Day 17Cover Economic Survey
Day 18Cover IFSCA Act
Day 19Revision
Day 20Cover Pension Funds

Benefits of IFSCA Phase 2 Mock Tests 2023

Mock tests are an essential part of exam preparation. Here are some benefits of attempting IFSCA Phase 2 Mock Tests 2023:

  1. Familiarity with the exam pattern: Attempting mock tests will help you get familiar with the exam pattern and the types of questions that will be asked in the actual exam.
  2. Identifying weak areas: Attempting mock tests will help you identify your weak areas and work on them before the actual exam.
  3. Time management: Mock tests will help you manage your time better during the actual exam. You can practice solving questions within the given time frame.
  4. Improves accuracy: Attempting mock tests will help you improve your accuracy in solving questions.
  5. Boosts confidence: Mock tests will help you build confidence and reduce anxiety before the actual exam.
Asad Yar Khan

I write and oversee the creation of informative educational blogs centering around study strategies, exam techniques, and more, to guide aspirants in clearing SSC, banking, engineering, and other competitive exams. I ensure a range of subjects are covered with precision and clarity. With over 7 years of diverse writing experience, I share a wealth of wisdom and expertise with thousands of students, through PracticeMock every day, helping them achieve their goals.

Recent Posts

SSC CGL 2024 Exam Date Out for Tier 2 Exam, Check All Details

In this blog, we have provided the details related to the SSC CGL 2024 Tier…

1 hour ago

SSC CGL Vacancy 2024, Check Tentative Category-Wise Vacancies

The SSC has released the SSC CGL Vacancy 2024. Candidates must check the SSC CGL…

1 hour ago

RRB JE Answer Key 2024 Out, Download CBT 1 Response Sheet

The RRB has released the RRB JE Answer Key 2024 on its official website. Candidates…

2 hours ago

SBI PO Salary After 10 Years, Check Complete Information

Want to know how much SBI PO Salary you can earn after 10 Years? Check…

2 hours ago

SBI PO Salary After 5 Years, Check Salary Structure & Career Growth

In this blog, we have provided the detailed SBI PO Salary After 5 Years. Candidates…

3 hours ago

SBI Clerk Apply Online 2024-25, Check Online Application Direct Link

SBI Clerk Apply Online 2024 has been active on their official website. Candidates can check…

4 hours ago