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Frequently Asked Questions (FAQs)
What is the exam pattern of IFSCA Grade A 2025?
The IFSCA Grade A pattern includes three phases: Phase 1 (Objective), Phase 2 (Descriptive + Objective), and Interview.
Is Phase 1 of IFSCA Grade A qualifying?
Yes, Phase 1 is only qualifying. Marks are not counted in final selection, but you must clear the cut-offs to move to Phase 2.
How many papers are there in Phase 1 of IFSCA Grade A?
There are two papers in Phase 1. Paper 1 tests aptitude and Paper 2 tests subject knowledge.
Does the IFSCA Grade A exam have negative marking?
Yes. Phase 1 has 0.25 negative marking per wrong answer in Paper 1 and 0.50 in Paper 2. Phase 2 Paper 2 also has negative marking.
What is the pattern of IFSCA Grade A Phase 2?
Phase 2 has two papers: Paper 1 is descriptive English (100 marks), and Paper 2 is objective-type domain knowledge (100 marks).
How many questions are asked in Phase 2 of IFSCA Grade A?
Paper 1 has 3 descriptive tasks. Paper 2 includes 50 MCQs from finance, IFSCA Act, GIFT City, and related topics.
What is the final selection criteria in IFSCA Grade A?
Final selection is based on 85% weightage from Phase 2 and 15% from the interview.
In which language is the IFSCA Grade A exam conducted?
Most of the exam is bilingual (English and Hindi), except for Paper 1 of Phase 2, which is English-only.
