Topics Covered: IFSCA Grade A Free Study Material, IFSCA Assistant Manager free study material, IFSCA Grade A Phase 1 Paper 1 resources, IFSCA Grade A Phase 1 Paper 2 study material, IFSCA Grade A Phase 2 Paper 1 descriptive English, IFSCA Grade A Phase 2 Paper 2 preparation, IFSCA Grade A free starter pack

Preparing for the IFSCA Grade A exam becomes simpler when you start with focused and structured IFSCA Grade A free study material. Most aspirants waste time jumping between sources instead of understanding what the exam actually demands.

This article gives you phase-wise IFSCA Assistant Manager free study material, including PDFs, PYQs, videos, and other essential IFSCA Grade A free study material, so you can begin preparation with clarity instead of confusion.

IFSCA Grade A
2024 & 2023 PYQs
  • Answer Key
  • Phase 1+2
  • Detailed Explanations
  • Answer Writing

IFSCA Grade A Free Study Material for Phase 1

IFSCA Grade A Phase 1 consists of two papers:

  • Paper 1: General Aptitude
  • Paper 2: Professional Knowledge 

Let’s break down the free study material paper-wise.

IFSCA Grade A Free Study Material for Phase 1 Paper 1

IFSCA Grade A Phase 1 Paper 1 of the IFSCA Grade A Phase 1 tests your aptitude. It includes:

  • English Language
  • Quantitative Aptitude
  • Reasoning Ability
  • General Awareness
IFSCA Grade A Phase 1 Paper 1 sections graphic showing four areas Reasoning Ability, English Language, Quantitative Aptitude and General Awareness.

EduTap provides free YouTube lectures and structured PDFs that cover the core concepts required for IFSCA Grade A Phase 1 Paper 1. 

Important Note: These videos & PDFs are created for RBI Grade B exam. However, the aptitude syllabus of IFSCA Grade A is similar. So you can confidently use the same material for IFSCA Phase 1 Paper 1 preparation.

IFSCA Grade A Phase 1 Paper 1
Free Study Material
TopicVideoPDFPYQ
Logical ReasoningWatch Now
(Part1)
Download PDFDownload PYQs
(Phase 1 + 2)
Watch Now 
(Part2)
QuantitativeAptitudeWatch Now 
(Part1)
Download PDF
Watch Now
(Part2)
English LanguageWatch NowDownload PDF
General AwarenessCurrentTap Link

IFSCA Grade A Free Material for Phase 1 Paper 2

Paper 2 of PFRDA Grade A Phase 1 has 4 components:

  • Financial Sector (Banking, Capital Market, Insurance, etc.)
  • Management and Accounts
  • Companies Act
  • Economics and Financial Markets
IFSCA Grade A Phase 1 Paper 2 sections graphic showing Financial Sector, Management and Accounts, Companies Act, and Economics and Financial Markets .

Here are the subject-wise IFSCA Grade A Free study resources for Phase 1 Paper 2:

1. Finance & Management

a. Books

  1. Principles & Practices of Banking
  2. Bank Financial Management
  3. Principles & Practice of Management

Go through theIFSCA Grade A Syllabus, map the topics given in it to the topics in the book, and start covering them. 

One thing that you need to take care of is the data given in these books, which could be outdated. Avoid reading the old data and just check the latest data on Google.  

b. YouTube

YouTube is the best free resource for IFSCA Grade A preparation of Phase 1 Paper 2. Just search for any topic on YouTube, and you will find many concept videos that will help you cover the syllabus effectively. 

c. Investopedia

Investopedia is a great website that has a lot of insights and news related to finance. You can search for any topic in Investopedia from the syllabus, and you will be able to find most of them explained in a clear and structured manner.

2. Commerce & Accounts

a. Books

If you are starting from scratch, you can refer to:

First, go through the IFSCA Grade A syllabus.

Then match the syllabus topics with the chapters in the book and study only those parts.

There is no need to cover the entire book. Study only what is mentioned in the syllabus.

You do not have to go into CA-level depth. Keep your preparation limited and exam-focused.

b. YouTube

YouTube is again a very strong free source.

If you are not able to understand any topic, like:

  • Ratio Analysis
  • Final Accounts
  • Cash Flow Statement
  • Accounting basics

Just search the exact topic name on YouTube.

Multiple concept videos will open up. Choose one teacher and complete the topic properly.

3. Costing

a. ICAI Modules

For Costing, go to the ICAI website and download the Costing modules.

You need to cover:

  • Module 1
  • Module 2

Both are available for free on the ICAI website.

b. YouTube

If you are unable to understand a concept, search the topic directly on YouTube.

Multiple free lectures are available.

Complete one concept properly before moving to the next.

4. Economics

a. Books

If you are starting from scratch, you can refer to:

These two books are enough to build your foundation.

But again, do not read the entire book blindly.

First, go through the IFSCA Grade A syllabus.

Identify the topics mentioned there, and then map only those topics in the book.

If you already have basic knowledge of economics, books are not mandatory.

You can directly study topic-wise from free sources.

b. YouTube

If you are not able to understand any concept, search the exact keyword on YouTube.

There are multiple teachers explaining economics concepts very clearly.

Choose one teacher and complete the topic properly instead of jumping between 10 videos.

c. ChatGPT

If any technical term or concept feels difficult, you can use ChatGPT to simplify it.

For example, ask:

“Explain the IS-LM curve in simple terms.”
“Explain inflation in a practical example.”

Use it only for clarification, not as your primary source.

IFSCA Grade A
2024 & 2023 PYQs
  • Answer Key
  • Phase 1+2
  • Detailed Explanations
  • Answer Writing

IFSCA Grade A Free Study Material for Phase 2

IFSCA Grade A Phase 2 consists of two papers: 

  • Paper 1: English Descriptive
  • Paper 2: Professional Knowledge

IFSCA Grade A Free Study Material for Phase 2 Paper 1

Paper 1 of IFSCA Grade A Phase 2 is a Descriptive English paper.

It evaluates your clarity of thought, structuring ability, and written communication skills.

The paper generally includes:

  • Essay Writing
  • Precis Writing
  • Reading Comprehension

For this paper, EduTap provides free YouTube guidance videos that help you understand:

  • How to structure answers as per regulatory exam standards
  • How to write clear, logical, and well-organised essays
  • How to draft a precis without losing the central idea
  • How to approach reading comprehension effectively within time limits

Important Note: 

This playlist is originally designed for RBI Grade B. However, the descriptive English requirements of IFSCA Grade A are similar in terms of structure and expectations. So the same guidance can be safely used for preparation.

IFSCA Grade A Phase 2 Paper 1
Free Study Material
SectionTopicVideo Source
Descriptive EnglishEssay + Precis + ComprehensionWatch Playlist

IFSCA Grade A Free Study Material for Phase 2 Paper 2   

Phase 2 Paper 2 includes:

  • Banking
  • Capital Market
  • Insurance
  • Pension Sector
  • IFSCA Act & GIFT City
IFSCA Grade A Phase 2 Paper 2 sections infographic listing Capital Market, Banking, Pension Sector, Insurance and IFSCA Act and GIFT City.

1. Banking & Capital Market

For Banking and Capital Market, you do not need separate new sources.

Whatever you studied in:

  • Finance (Phase 1 Paper 2)
  • Financial Markets
  • Regulatory Structure

You can carry that preparation forward here.

Now let’s move to the remaining components.

2. Insurance

For Insurance, there is no single standard textbook specifically for IFSCA.

a. Official Website

Go to:

These are freely available and good for building basic concepts.

b. YouTube

Search topic-wise:

  • Types of insurance
  • Insurance principles
  • Reinsurance
  • Insurance regulations

Multiple concept videos are available.

Again, search as per syllabus keywords.

3. Pension Sector

For the Pension Sector, use official sources.

a. Official Websites

Go to:

Most information is freely available under “About Us” and “Scheme Details” sections.

4. IFSCA Act & GIFT City

This is very important for IFSCA.

a. IFSCA Website

Go to:

  • Official IFSCA website
  • Read notifications
  • Read regulatory framework
  • Understand structure of IFSC

b. Bare Act

Download the IFSCA Act .

Read:

  • Definitions
  • Powers of Authority
  • Structure
  • Regulatory scope

If any term is confusing, search the keyword on YouTube.

c. GIFT City

For GIFT City:

  • Visit the GIFT City official website
  • Understand its objective
  • Structure
  • International positioning
IFSCA Grade A
2024 & 2023 PYQs
  • Answer Key
  • Phase 1+2
  • Detailed Explanations
  • Answer Writing

Other Recommended IFSCA Grade A Free Study Resources

Apart from subject-wise preparation, there are some important free sources that you must regularly follow for IFSCA Grade A Phase 1 and Phase 2:

  1. Press Information Bureau
  2. Economic Survey
  3. Union Budget
  4. Newspapers

About EduTap IFSCA Grade A Free Starter Package

EduTap offers a 15-day IFSCA Grade A Starter Pack to help you build a solid foundation for the exam.

Here’s what this free starter pack includes:

  • A 15-day structured starter plan designed specifically for IFSCA Grade A aspirants
  • Concept classes covering core subjects of Phase 1 and Phase 2
  • Concise notes and summary sheets for quick revision
  • Practice MCQs to understand exam-level difficulty
  • Mind maps to simplify Banking, Capital Markets, Insurance, and Pension topics
  • Current affairs coverage focused on financial and regulatory updates relevant to IFSCA

This starter pack helps you begin preparation in an organised way instead of studying randomly.

IFSCA Grade A free EduTap course banner highlighting concise notes, concept classes, detailed exam information, proven exam strategies and mock tests.

Other IFSCA Grade A Free Study Material by EduTap

EduTap regularly shares updated resources not only for IFSCA Grade A but also for other regulatory body exams.

Here are some additional IFSCA Grade A free study resources shared consistently:

IFSCA Grade A
2024 & 2023 PYQs
  • Answer Key
  • Phase 1+2
  • Detailed Explanations
  • Answer Writing

The Hard Truth About Free Resources

Free resources are NOT weak.

But they are:

  • Scattered
  • Disorganised
  • Unfiltered

If you:

  • Follow the syllabus strictly
  • Solve PYQs early
  • Practice consistently
  • Avoid content hoarding

Free IFSCA Grade A preparation is absolutely possible.

But if you:

  • Keep switching sources
  • Study without revision
  • Avoid mock tests

Even paid coaching won’t save you.