Topics Covered: NPS Grade A Officer 2024 Notification, Exam Dates, Vacancy, Selection Procedure – Phase 1, Phase 2, & Interview, Pattern, Syllabus, Cut Off, Exam Analysis, PYQs, Preparation Strategy, Preparation Tips, Best Books for Preparation, Job Profile of a NPS Assistant Manager, Promotions, Salary, Lifestyle, Exam Centers, Application Form, Application Fees, How to Apply, Admit Card, Result, and Training

NPS Grade A 2024 Notification

The NPS Grade A 2024 notification has not been released yet; once released, all information will be updated here.

NPS Grade A 2024 Important Dates

Here are the expected dates of the NPS Grade A 2024 exam.

NPS Grade A 2024
Important Dates
EventsTentative Dates
NPS Grade A Notification 2024To be announced
Phase 1 ExamTo be announced
Phase 2 ExamTo be announced

NPS Grade A 2024 Expected Vacancies  

Looking at the past five years, the number of NPS Grade A assistant manager vacancies has varied from 3 to 9. Based on this trend, you can expect 3 to 6 vacancies in the next recruitment notification for NPS Grade A officers.

NPS Grade A 2024 Eligibility

NPS Grade A 2024 eligibility criteria include age limit, educational qualification, nationality, and number of attempts.

NPS Grade A Eligibility Criteria

Age Limit for the NPS Grade A 2024 Exam

  • Age for the NPS Grade A exam is calculated as of the 1st of the month in which the notification is released. 
  • The maximum age limit for the unreserved or general category is 30 years, while the minimum age is not mentioned in the notification.  

Educational Qualification for the NPS Grade A 2024 Exam

For the general stream, you need to have a bachelor’s degree in Law or Engineering OR a master’s degree in any discipline OR ACA/FCA from ICAI/ACMA/FCMA OR ACS/FCS from ICSI OR CFA from CFA Institute

Nationality for the NPS Grade A 2024 Exam

You should be an Indian citizen to be eligible for the NPS Grade A assistant manager exam. 

Number of Attempts for the NPS Grade A 2024 Exam

NPS puts no restriction on the number of attempts. As long as you meet all the eligibility criteria, you are eligible to apply for the NPS Grade A 2024 Assistant Manager exam.

NPS Grade A 2024 Selection Procedure

The selection procedure of the NPS Grade A assistant manager exam consists of:

  1. Phase 1 (Pre)
  2. Phase 2 (Mains)
  3. Phase 3 (Interview)

NPS Grade A 2024 Pattern

Here is the NPS Grade A 2024 exam pattern:

NPS Grade A Pattern for Phase 1

Here is the NPS Grade A 2024 Phase 1 exam pattern:

NPS Grade A 2024 
Phase 1 Pattern
PaperSubjectMarksDuration(Minutes)
Paper 1MCQs on English Language, Reasoning, Quantitative Aptitude, General Awareness (including some questions related to Financial Sector)10060
Paper 2MCQs on
Commerce and Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector.
10040
NPS GRADE A Phase 1 pattern

Additional Details of the NPS Grade A 2024 Phase 1 Pattern

  • The Phase 1 of the NPS Grade A exam is qualifying in nature.
  • There is no sectional timing in Paper 1 and 2. 
  • You can choose either Hindi or English language (except for the English language test). 
  • For every wrong answer, there is a 1/4th negative marking.
  • You would need to secure separate cut offs in each test as well as aggregate cut-off marks (as decided by NPSTrust) in Phase 1 exam to be shortlisted for Phase 2.

NPS Grade A Pattern for Phase 2

Here is the NPS Grade A 2024 Phase 2 exam pattern:

NPS Grade A 2024
Phase 2 Pattern 
PaperTypeMarksTime(minutes)
Paper-1English (Descriptive Test) 10060
Paper 2MCQs on
Commerce and Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector.
10040
NPS GRADE A Phase 2 pattern

Additional Details of the NPS Grade A 2024 Phase 2 Pattern

  • The Phase 2 exam of NPS Grade A consists of 2 online papers. 
  • You can choose either Hindi or English language (except for the English description). 
  • 1/4th marks will be deducted for every wrong answer in Paper 2.

NPS Grade A 2024 Interview Pattern

Phase 3 of the NPS Grade A exam consists of an interview. 

  • Candidates are shortlisted for interview based on their Phase 2 marks only. 
  • Candidates can opt for the interview either in Hindi or English.
  • The interview marks are not mentioned in the official NPS Grade A notification.
  • Equal weightage (50%) is given to the marks obtained in Phase 2 and the interview.

NPS Grade A Final Selection

The final selection is based on the aggregate marks obtained in Phase 2 (Paper 1 and 2) and the interview.

NPS Grade A Syllabus

Here is the NPS Grade A 2024 syllabus for Phase 1 and Phase 2.

NPS Grade A Syllabus for Phase 1 Paper 1  

In the absence of an official syllabus for Phase 1, we have analyzed the previous years’ questions (PYQs) to list down the topics of each subject of Phase 1. 

NPS Grade A 2024
Phase 1 Paper 1 Syllabus
Reasoning QuantEnglish 
Alphanumeric series 
Coding and Decoding 
Syllogism 
Direction Sense 
Inequality 
Ranking and Order 
Blood Relation 
Puzzles and sitting arrangement 
Input-output 
Questions based on Statements 
Questions based on Data Sufficiency
Ratio and Proportion 
Percentage 
Profit and Loss 
Simple and Compound Interest 
Average and Age 
Time and Work 
Pipes and Cistern 
Time and Distance 
Mixture and Alligation 
Series and Quadratic equation 
Mathematical Inequalities 
Number series
Data interpretation 
Simplification/approximation
Quantity comparisons
Reading Comprehension
Sentence Rearrangement
Cloze Test
Para jumbles
Double fillers
Error Detection and Sentence Improvement
Vocabulary (Synonyms, Antonyms, One-word Substitution, Phrasal verbs)
General Awareness 
Current Affairs
Current affairs of the preceding 6 months from the date of examination 
National News: MoUs, summits, and major events related to India. 
International: Summits and conferences held abroad. 
Defence: Military exercises, drills, and major updates related to the defence sector of India. 
Days in News: Major events or days, along with its date, and theme. 
Persons in News: Obituaries, appointments, retirements
Sports: Major tournaments and their winners. 
Science, Technology, and Space 
Awards and Honours 
Environment
Banking, Economy, and Schemes 
Books and Authors
Static
Chief Ministers and Cabinet Ministers
National Parks and Sanctuaries
Organisations’ Headquarters
Banks’ Headquarters and Taglines
Power Plants in India
Indian Dance Forms
Countries’ Capitals and their Currencies

NPS Grade A Syllabus for Phase 1 Paper 2

Here’s an overview of the Paper 2 syllabus for the NPS Grade A Phase 1 exam:

NPS Grade A 
Phase 1 Paper 2 Syllabus
Commerce and AccountancyManagement 
Accounting as a Financial Information System
Accounting Standards 
Cash Flow Statement Accounting for Share Capital Transactions 
Employees Stock Option and Buyback of Securities
Preparation and Presentation of Company Final Accounts
Management 
The Role of a Manager in an Organization
Leadership
Leadership Styles
Human Resource Development
Motivation
Communication
Economics Costing
Demand and Supply, Market Structures, National Income 
Balance of Payments, Foreign Exchange Markets, Inflation, Monetary and Fiscal Policy, Non-banking Financial Institutions
Overview of Cost and Management Accounting 
Methods of Costing
Basics of Cost Control and Analysis
Lean System and Innovation
Pension SectorFinance
Status of Pension Sector in India 
Types of Retirement Schemes in India and Their Features 
National Pension System 
Atal Pension Yojana
Annuity Plans 
Basics of Investment
Financial System 
Financial Markets 
General Topics
Company Act
The Companies Act, 2013 

NPS Grade A Syllabus for Phase 2 Paper 1 

Generally, 3 questions are asked from the following topics:

  • Essay
  • Precis Writing
  • Reading Comprehension

NPS Grade A Syllabus for Phase 2 Paper 2

The syllabus of Paper 2 is the same for both Phase 1 and Phase 2. However, it is important to know that the difficulty level of Paper 2 is higher in Phase 2. 

NPS Grade A Preparation Strategy

Here is the broad NPS Grade A preparation strategy.

NPS Grade A
Preparation Strategy
20 Days20 Days20 Days30 Days After Phase 1
ManagementFinanceAccounts (Important Chapters)Accounts (Remaining Chapters)
CostingCompany LawEconomics (Important Chapters)Economics (Remaining Chapters)
Topic TestRevision (1 hour daily)Complete Revision (2 hour daily)Practice Descriptive English Daily 
Topic TestTopic TestFull Length Mock Tests (Every Sunday)
Full Length Mock Tests (on weekends)Complete Revision (2 hours daily)

Note: The above table is just a general NPS Grade A preparation strategy. You need to customize it according to your strengths and weaknesses.

Preparation Tips for NPS Grade A 

Here are the preparation tips for the NPS Grade A exam:

  • Allocate more time to weak areas while maintaining a balance with your strong subjects.
  • Regularly practice mock tests for time management and exam simulation.
  • Review your performance in mock tests, identify mistakes, and learn from them.
  • Keep a separate notebook for important formulas, concepts, and notes.
  • Prioritize understanding over rote memorization.
  • Stay physically active and maintain a healthy lifestyle for optimal performance.

Best Books for NPS Grade A Preparation 

Here are the best books and resources to prepare for the NPS Grade A exam:

Books for Phase 1 Paper 1 of NPS Grade A 

The subject-wise NPS Grade A booklist for Phase 1 Paper 1 is given below:

NPS Grade A
Quantitative Aptitude Books
BookAuthorPublisher
How to Prepare for Quantitative Aptitude for CATArun SharmaMcGraw Hill Edge
NPS Grade A
Reasoning Ability Books
BookAuthorPublisher
A Modern Approach to Verbal and Non-Verbal ReasoningR.S. AgarwalS Chand
NPS Grade A
English Books 
BooksAuthorPublisher
Objective EnglishSP BakshiArihant 
NPS Grade A
General Awareness Books 
We are not suggesting any book here and providing the most effective resources for GA preparation.
TopicsWebsitesNewspapersMagazines
StaticNews and Notifications of RBI, SEBI, PFRDA, IRDAI, Finance MinistryThe Hindu& LivemintWeekly/Monthly Current Affairs Compilations/PDFs
Current Affairs

Following are purchase/access links for the listed resources.

Books for Phase 1 Paper 2 of NPS Grade A 

The subject-wise PFRDA Grade A booklist for Phase 1 Paper 2 is given below:

NPS Grade A
Commerce & Accountancy Books
BooksAuthorPublisher
11th Class Accounts NCERT Part 1 and 2NCERT NCERT 
12th Class Accounts NCERT Part 2NCERT NCERT 
Students’ Guide to Accounting StandardsDr D.S RawatTaxmann
NPS Grade A
Management Books
BooksAuthorPublisher
Principles and Practice of ManagementL.M. PrasadSultan Chand & Sons
Organizational BehaviourL.M. PrasadSultan Chand & Sons
Human Resource ManagementL.M. PrasadSultan Chand & Sons
Principles and Practice of ManagementTN ChhabraDhanpat Rai
NPS Grade A
Finance Books
BooksAuthorPublisher
Principles and Practice Of BankingIIBFMacmillan
Indian Financial SystemBharati PathakPearson Education
Bank Financial ManagementIIBFMacmillan
Indian EconomyRamesh SinghMcGraw Hill
NPS Grade A
Costing Books
BooksAuthorPublisher
Cost Accounting: Principles and PracticeM.N. AroraVikas 
Modern Cost and Management AccountingM. HanifMcGraw Hill Education
NPS Grade A
Companies Act Books
BookAuthorPublisher
Companies Act, 2013 (Make it Simple by AUBSP)AUBSP
NPS Grade A
Economics Books
BooksAuthorPublisher
Indian EconomyRamesh SinghMcGraw Hill
Principles of MicroeconomicsH.L. AhujaS Chand
Macro Economics: Theory & PolicyH.L. AhujaS Chand
NPS Grade A
Pension Sector Books
We are not suggesting any book here and providing the most effective resources for pension sector preparation.
Atal Pension Yojana
National Pension Scheme

Books for Phase 2 Paper 1 of PFRDA Grade A 

The subject-wise PFRDA Grade A booklist for Phase 2 Paper 1 is given below:

NPS Grade A
Descriptive English Books
Following are the recommended resources that you must study for descriptive English:
Press Information Bureau
The Hindu
Livemint
The Economist
Business India

Books for Phase 2 Paper 2 of PFRDA Grade A 

You can use the same books that are mentioned for the Phase 1 Paper 2 paper.

Job Profile of an NPS Grade A Officer

A Grade A officer’s position in NPS is a respectable position that offers an excellent salary, allowances, and various other perks. As a NPS Grade A assistant manager, your roles and responsibilities includes the following:

  • Compliance and Regulation: Ensure adherence to established business policies and regulations governing the National Pension System to safeguard the integrity and security of subscriber funds.
  • Account Management: Oversee various aspects of NPS accounts, potentially including account creation, management, and recordkeeping.
  • Stakeholder Engagement: Communicate effectively with NPS subscribers, intermediaries like Pension Fund Managers (PFMs), and other stakeholders to address inquiries, resolve grievances, and promote the benefits of NPS.
  • Data Analysis and Reporting: Analyze NPS data to identify trends, generate reports, and contribute to the efficient functioning of the NPS ecosystem.

NPS Grade A Officer Promotions

Here’s a breakdown of the promotions that lie ahead for a NPS Grade A officer:

NPS GRADE A Promotion
NPS Grade A
Promotions
GradePosition
Grade A Assistant Manager (You will join here)
Grade BManager
Grade CAssistant General Manager
Grade DDeputy General Manager
Grade EGeneral Manager
Grade FChief Executive Officer
Chairman

NPS Grade A Salary

  • The annual CTC of an assistant manager at NPS is around ₹25 lakhs, making it a handsome package in the government sector. 
  • The starting basic pay for Grade A officers in NABARD is ₹44,500 per month. Allowances like house rent allowance (HRA), dearness allowance (DA), etc., are added to this amount.

NPS Grade A Officer Lifestyle

  • The NPS Assistant Manager position offers a well-rounded career package that caters to both professional and personal aspirations, where you’ll contribute to the pension sector of india. 
  • The role itself is dynamic and fulfilling, providing a healthy work-life balance.
  • Furthermore, a competitive salary and comprehensive benefits package, including various allowances and perks, ensures financial security. 
  • The job offers a stable career path with opportunities for growth and advancement within the organization.

NPS Grade A Application Fee 

Here is the application fee to apply for the NPS Grade A exam:

CategoryApplication Fee
SC/ST/PwBD/WomenNil
All Others₹1000

Important Note: Separate on-line application for each post/stream will have to be made with requisite fee for each application to be paid as well.

How to Apply for the NPS Grade A Exam

Below, we will guide you through the NPS Grade A registration process and explain how to fill the online application form. Follow the below-mentioned steps to apply for the NPS Grade A exam.

Step 1

Visit the official website of NPST, i.e., https://npstrust.org.in/

Step 2

Click on the “Career” at the button of the home page and then click on the “vacancies.”

Step 3

Find and click on the link “Recruitment to the Posts of Officer Grade B (Manager) and Officer Grade A (Assistant Manager) in NPS Trust.”

Step 4

Now click on the link “Click here for New Registration” and enter the basic details against all the fields.

Step 5

A provisional registration number and password will be generated, and you’ll receive them on the registered email address.

Step 6

Log in using the provisional registration number and password.

Step 7

Fill out all details in the application form and upload the required list of documents. Click on the “Save & Next” button.

Step 8

A preview section will open with all the details filled out by now. You need to verify your details and complete the registration.

Step 9

Click on the “Payment” Tab & proceed to pay.

Step 10

Take a printout of the application form and e-receipt for future reference.

How to Download NPS Grade A Admit Card

You can download your NPS Grade A Phase 1 admit card from NPS’s website. Admit cards for Phase 2 are available after the Phase 1 result. 

Follow the below-mentioned steps to download the NPS Grade A 2024 admit card:

Step 1

Visit the official website of NPST, i.e., https://npstrust.org.in/

Step 2

Click on the “Career” at the button of the home page and then click on the “vacancies.”

Step 3

Find and click on the link “DOWNLOAD CALL LETTER FOR PHASE I ONLINE EXAM Direct Recruitment to the Posts of Officer Grade B (Manager) and Officer Grade A (Assistant Manager) in NPS Trust ”

Step 4

Fill in the required login credentials such as registration number, date of birth, etc., enter the captcha code, and log in. 

Step 5

Download your NPS Grade A Phase 1 admit card.

Follow the same procedure to download the admit card for the NPS Grade A Phase 2 exam.

NPS Grade A Result

The result for the NPS Grade A 2023 Phase 1 exam was announced on 15 March 2024 and the Phase 2 result was announced on 6 May 2024. The final result was announced on 21 February 2024.

Click on the links below to download the NPS Grade A 2023 results for Phase 2 and interview.

ResultPDFs Links
NPS Grade A 2023 Phase 1 ResultDownload PDF
NPS Grade A 2023 Phase 2 ResultDownload PDF

NPS Grade A Training

After passing the NPS Grade A officer’s exam, selected candidates undergo a training program. This training program is intended to familiarize newly appointed assistant managers with their roles and responsibilities, enabling them to perform their duties effectively.

Conclusion

We have discussed all the important information you need regarding the NPS Grade A exam which includes notification, exam dates, vacancies, eligibility criteria, pattern, syllabus, cutoff, result, and more. We hope this information will help you get a complete picture of the NPS Grade A exam and you can prepare with confidence.