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 | |
| Events | Tentative Dates |
| NPS Grade A Notification 2024 | To be announced |
| Phase 1 Exam | To be announced |
| Phase 2 Exam | To 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.
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:
- Phase 1 (Pre)
- Phase 2 (Mains)
- 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 | |||
| Paper | Subject | Marks | Duration(Minutes) |
| Paper 1 | MCQs on English Language, Reasoning, Quantitative Aptitude, General Awareness (including some questions related to Financial Sector) | 100 | 60 |
| Paper 2 | MCQs on Commerce and Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector. | 100 | 40 |
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 | |||
| Paper | Type | Marks | Time(minutes) |
| Paper-1 | English (Descriptive Test) | 100 | 60 |
| Paper 2 | MCQs on Commerce and Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector. | 100 | 40 |
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 | Quant | English |
| 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 Accountancy | Management |
| 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 Sector | Finance |
| 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 Days | 20 Days | 20 Days | 30 Days After Phase 1 |
| Management | Finance | Accounts (Important Chapters) | Accounts (Remaining Chapters) |
| Costing | Company Law | Economics (Important Chapters) | Economics (Remaining Chapters) |
| Topic Test | Revision (1 hour daily) | Complete Revision (2 hour daily) | Practice Descriptive English Daily |
| Topic Test | Topic Test | Full 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 | ||
| Book | Author | Publisher |
| How to Prepare for Quantitative Aptitude for CAT | Arun Sharma | McGraw Hill Edge |
| NPS Grade A Reasoning Ability Books | ||
| Book | Author | Publisher |
| A Modern Approach to Verbal and Non-Verbal Reasoning | R.S. Agarwal | S Chand |
| NPS Grade A English Books | ||
| Books | Author | Publisher |
| Objective English | SP Bakshi | Arihant |
| NPS Grade A General Awareness Books | |||
| We are not suggesting any book here and providing the most effective resources for GA preparation. | |||
| Topics | Websites | Newspapers | Magazines |
| Static | News and Notifications of RBI, SEBI, PFRDA, IRDAI, Finance Ministry | The Hindu& Livemint | Weekly/Monthly Current Affairs Compilations/PDFs |
| Current Affairs | |||
Following are purchase/access links for the listed resources.
- Reserve Bank of India (RBI)
- Securities and Exchange Board of India (PFRDA)
- Pension Fund Regulatory and Development Authority (PFRDA)
- Insurance Regulatory and Development Authority of India (IRDAI)
- Ministry of Finance
- The Hindu
- Livemint
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 | ||
| Books | Author | Publisher |
| 11th Class Accounts NCERT Part 1 and 2 | NCERT | NCERT |
| 12th Class Accounts NCERT Part 2 | NCERT | NCERT |
| Students’ Guide to Accounting Standards | Dr D.S Rawat | Taxmann |
| NPS Grade A Management Books | ||
| Books | Author | Publisher |
| Principles and Practice of Management | L.M. Prasad | Sultan Chand & Sons |
| Organizational Behaviour | L.M. Prasad | Sultan Chand & Sons |
| Human Resource Management | L.M. Prasad | Sultan Chand & Sons |
| Principles and Practice of Management | TN Chhabra | Dhanpat Rai |
| NPS Grade A Finance Books | ||
| Books | Author | Publisher |
| Principles and Practice Of Banking | IIBF | Macmillan |
| Indian Financial System | Bharati Pathak | Pearson Education |
| Bank Financial Management | IIBF | Macmillan |
| Indian Economy | Ramesh Singh | McGraw Hill |
| NPS Grade A Costing Books | ||
| Books | Author | Publisher |
| Cost Accounting: Principles and Practice | M.N. Arora | Vikas |
| Modern Cost and Management Accounting | M. Hanif | McGraw Hill Education |
| NPS Grade A Companies Act Books | ||
| Book | Author | Publisher |
| Companies Act, 2013 (Make it Simple by AUBSP) | AUBSP | – |
| NPS Grade A Economics Books | ||
| Books | Author | Publisher |
| Indian Economy | Ramesh Singh | McGraw Hill |
| Principles of Microeconomics | H.L. Ahuja | S Chand |
| Macro Economics: Theory & Policy | H.L. Ahuja | S 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 Promotions | |
| Grade | Position |
| Grade A | Assistant Manager (You will join here) |
| Grade B | Manager |
| Grade C | Assistant General Manager |
| Grade D | Deputy General Manager |
| Grade E | General Manager |
| Grade F | Chief 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:
| Category | Application Fee |
| SC/ST/PwBD/Women | Nil |
| 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.
| Result | PDFs Links |
| NPS Grade A 2023 Phase 1 Result | Download PDF |
| NPS Grade A 2023 Phase 2 Result | Download 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.
