PFRDA Grade A Syllabus 2024: The Pension Fund Regulatory and Development Authority (PFRDA) Grade A exam is an important step for candidates to join the regulatory body. Understanding the exam pattern and syllabus is fundamental to planning a successful preparation strategy for Phase 1 and 2. In this article, we are providing the PFRDA Grade A Exam Syllabus and a comprehensive guide for the candidates to tackle this challenging exam.
The PFRDA syllabus is divided into two Phases as per the paper pattern, which is divided into two papers in each phase. Having basic knowledge of the exam syllabus will not only give you better clarity but will also give you good marks. Follow blog to know more regarding PFRDA Grade A Syllabus and Exam Pattern.
The first thing before starting the exam preparation is understanding the PFRDA Grade A syllabus for 2024. Why? Because it clarifies the topics and subjects that will be covered in the exam. Candidates can give priority to their study efforts on the basis of the syllabus. They can, this way, better create a good structured study plan and timetable, and so they can allocate time smartly to cover all related topics. The syllabus serves as a blueprint for candidates’ preparation process. Here are some important highlights of the PFRDA Grade A exam for 2024.
PFRDA Grade A Syllabus 2024 Overview | |
Conducting Body | Pension Fund Regulatory and Development Authority |
Post Name | Grade A Officer (Assistant Manager) |
Total Number of Posts | Will be Notified Soon |
Selection Process | Phase 1, Phase 2, and Interview |
Exam Pattern of Phase 1 | Paper 1: 80 MCQs / 100 Marks, Paper 2: Paper 2: General Stream – 50 MCQs / Post Specific – 50 MCQs / 100 Marks |
Exam Pattern of Phase 2 | Paper 1: 3 Descriptive Questions, Paper 2: General Stream – 50 MCQs / Post Specific – 50 MCQs / 100 Marks |
Negative Marking | 1/4 Mark |
PFRDA Official Website Link | www.pfrda.gov.in |
The first Phase of the PFRDA Grade A examination is the Phase 1 Exam. The purpose of this Phase is to shortlist the candidates for the next round. The preliminary exam consists of multiple choice questions (MCQs) covering subjects like General Awareness, English Language, Quantitative Aptitude and Reasoning. It is important to familiarize yourself with the weightage of each section for effective time management during the exam.
Candidates who qualify for the preliminary examination proceed to the main examination, which is more intensive and comprehensive. The main examination consists of both objective and descriptive sections. The objective paper covers subjects like economic and social issues, English language and finance and management, while the descriptive paper assesses the writing skills of the candidates. It is important to understand the nuances of each section for thorough preparation. Given below is the PFRDA Grade A Syllabus for Paper I of Phase 1 Syllabus:
Quantitative Aptitude | Reasoning & Computer Aptitude | English | General Awareness |
Vedic Maths | Inequalities | Noun | Evolution of Banking in India |
Number System | Blood Relation | Pronoun | Know Your Central Bank (RBI) |
Simplification | Directions | Verb | Monetary Policy Committee (MPC) |
Approximation | Rankings | Adjectives | International Financial Institutions |
Quadratic Equations | Alpha Numeric Series | Adverbs | Types of Accounts, ATMs, Cheques |
Number Series (Missing and Wrong) | Miscellaneous Reasoning (Prelims) | Preposition | Payment Systems in India |
Ratio and Proportion | Coding-Decoding | Conjunction | Currency Management |
Partnership | Syllogisms | Subject verb agreement | Money Market & Capital Market |
Problem on Ages | Puzzles | Tenses | Shares and Debentures |
Percentage | Seating Arrangements | Active-Passive | PSL and Types of Risk in banking |
Profit and Loss | Data Sufficiency | Direct and Indirect | Miscellaneous |
Averages | Input and Output | Error Detection | |
Simple and Compound Interest | Miscellaneous Reasoning (Mains) | Reading Comprehension | |
Time Speed and Distance (Boats and Stream; Trains) | Computer Aptitude | Cloze test | |
Time and Work (Pipes and Cistern) | Critical reasoning | Sentence completion | |
Probability | Phrase Correction | ||
Permutation and Combination | Para Completion | ||
Mensuration | Connectors | ||
Data Sufficiency | Para Jumbles | ||
Data Interpretation | Descriptive (Letter and Essay) | ||
Quantity Comparison |
Paper 2 topics are commonly asked in Phase 1 and 2 exams post-wise. Candidates can check list of topics prepared in detailed format for PFRDA Grade A Syllabus 2024 for Phase 1 and 2.
3. PFRDA Grade A Syllabus for Finance
1) Financial System
2) Financial Markets
3) General Topics
4. PFRDA Grade A Syllabus for Costing
1. Overview of Cost and Management Accounting – Introduction to Cost and Management Accounting, Objectives and Scope of Cost and Management Accounting.
2. Methods of Costing – Single Output/ Unit Costing, Job Costing, Batch Costing, Contract Costing, Process/ Operation Costing, Costing of Service Sectors.
3. Basics of Cost Control and Analysis – (i) Standard Costing, (ii) Marginal Costing, (iii) Budget and Budgetary Control.
4. Lean System and Innovation:-
5. PFRDA Grade A Syllabus for Companies Act
6. PFRDA Grade A Syllabus for Economics
The first round of selection process is PFRDA Grade A Phase 1 exam. There are 80 questions carrying value of 100 marks. Candidates get 60 minutes time to face 80 questions from English, Reasoning, General Awareness, and Quantitative Aptitude.
Section | Number Of Questions | Maximum Marks | Time Duration |
English Language | 20 | 25 | 60 Minutes |
Quantitative Aptitude | 20 | 25 | |
Reasoning | 20 | 25 | |
General Awareness | 20 | 25 | |
Total | 80 | 100 |
There are two papers in Phase 1. In paper 2, candidates have to stream-wise questions of 100 marks and time 40 minutes. Check the exam pattern of Paper 2.
Section | Number Of Questions | Maximum Marks | Time Duration |
General Stream: MCQs on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector. | 50 | 100 | 40 Minutes |
Other Streams: MCQs on Specialized subject related to stream | 50 | 100 | 40 Minutes |
There are two papers in PFRDA Grade A Phase 2. Paper 1 is English Descriptive to test language and drafting skills of candidates. A total of 50 questions of 100 marks asked in this section. The paper 2 covers stream-wise objective-based questions of 100 marks and time 40 minutes.
Paper | Streams/ Subject | Maximum Marks | No. of Questions | Duration |
Paper 1 | All Streams: English (Descriptive Test) to test the drafting skills | 100 | 50 | 60 minutes |
Paper 2 | General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector.Information Technology, Finance and Accounts Research (Economics), Legal and Official Language (Rajbhasha) Streams: Multiple choice questions on Specialised subject related to stream. | 100 | 50 | 40 minutes |
Candidates should understand the PFRDA Grade A exam selection process and then only start their preparation process effectively.
When candidates prepare for the PFRDA Grade A Exam 2024, they can understand difficult financial rules and management ideas more easily. This helps them address the problem of pension funds. After clearing the PFRDA Grade A Exam 2024 candidates can enjoy several benefits. Some of them are as follows:
1. More Chances of Job: Candidates, after clearing the exam, get more chances for jobs. Many recruiters look for good workers in this field, so the successful candidates find a job they like.
2. Getting Better at Work: Clearing the PFRDA Grade A Exam is a big step in a candidate’s professional life. It makes others trust them more. Why? Because the recruiters look for the employees who have a good knowledge about pension funds. Therefore, this newly-acquired trust helps them grow in their job. Plus, they get better at what they do.
3. Acquiring the Knowledge: Candidates, as we discussed above, learn a lot about pension funds while preparing for the PFRDA Grade A exam. So, they get a deep knowledge about money markets, investment ways, laws, and the knowledge about dealing with risks involved in the investment process. And this is what makes them really good at their job.
4. Growing as a Professional: Studying for the PFRDA Grade A Exam isn’t just about doing a full-time job. It also helps a candidate grow as a person. They learn about how to think about tough problems. They learn to solve problems and make smart choices. And this is what makes them better at handling things in their life also, not just at work. Thus, they grow professionally.
Candidates can get detailed PFRDA Grade A Syllabus 2024 provided in blog.
The selection process of PFRDA Grade A comprises of three stages Phase 1, Phase 2, and Interview.
1/4 mark is deducted negative marking for wrong attempts in PFRDA Grade A exam.
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