PFRDA Grade A Notification
The final result of the PFRDA Grade A 2022 exam was declared on 29 June 2022. No recruitment notification was issued in 2023. Will the next notification come anytime soon? Unfortunately, no credible information is available on this.
PFRDA Grade A Important Dates
Here are the important dates of the PFRDA Grade A exam:
| PFRDA Grade A Important Dates | |
| Events | Dates |
| PFRDA Grade A Notification | To be announced |
| Online Application Start Date | To be announced |
| Online Application Last Date | To be announced |
| Phase 1 Exam | To be announced |
| Phase 2 Exam | To be announced |
| Interview | To be announced |
| Download Admit Card | To be announced |
PFRDA Grade A Vacancies
The last PFRDA Grade A 2022 notification was released on 9 September 2022. Below, we have mentioned the past years’ vacancies of PFRDA Grade A.
| Year | Vacancies |
| 2022 | 22 |
| 2021 | 14 |
| 2020 | 5 |
| 2019 | 5 |
| 2017 | 17 |
PFRDA Grade A Eligibility
PFRDA Grade A eligibility includes age limit, educational qualification, nationality, and number of attempts.
Age Limit for the PFRDA Grade A Exam
- The age limit is calculated as of the cut off date mentioned in the notification.
- The maximum age limit for the unreserved or general category is 30 years, while the minimum age is not mentioned in any notification.
Educational Qualification for the PFRDA Grade A Exam
- You need to have a bachelor’s degree in Law/Engineering OR master’s degree/postgraduate diploma in any discipline OR ACA/FCA OR ACS/FCS OR ACMA/FCMA OR CFA.
Nationality for the PFRDA Grade A Exam
Only Indian citizens are eligible to apply for the PFRDA Grade A assistant manager exam.
Attempts Allowed for the PFRDA Grade A Exam
There is no limit on the number of attempts. You can take the PFRDA Assistant Manager exam as many times as you want, provided you meet the other eligibility criteria.
PFRDA Grade A Selection Procedure
The selection procedure of the PFRDA Grade A assistant manager exam consists of:
- Phase 1 (Pre)
- Phase 2 (Mains)
- Phase 3 (Interview)
PFRDA Grade A Pattern
Here is the PFRDA Grade A exam pattern:
PFRDA Grade A Pattern for Phase 1
Here is the PFRDA Grade A Phase 1 exam pattern:
| PFRDA Grade A Phase 1 Pattern | ||||
| Paper | Stream/Subjects | Maximum Marks | Questions | Duration |
| Paper 1 Multiple choice questions on the subjects | English Language | 25 | 20 | 60 minutes |
| Quantitative Aptitude | 25 | 20 | ||
| Test of Reasoning | 25 | 20 | ||
| General Awareness (including some questions related to the Financial Sector) | 25 | 20 | ||
| Total | 100 | 80 | ||
| Paper 2 | Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics, and Pension Sector | 100 | 50 | 40 minutes |
Additional Details of the PFRDA Grade A Phase 1 Pattern
- The PFRDA Grade A Phase 1 exam is qualifying in nature.
- It consists of 2 online papers worth 100 marks each.
- 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 need to secure separate cut offs in each paper as well as aggregate cut off marks in Phase 1 to be shortlisted for Phase 2.
- The minimum aggregate cut off marks will be decided according to the number of vacancies.
PFRDA Grade A Pattern for Phase 2
Here is the PFRDA Grade A Phase 2 (Mains) pattern:
| PFRDA Grade A Phase 2 Pattern | ||||
| Paper | Stream/Subjects | Maximum Marks | Questions | Duration |
| Paper 1 | English (Descriptive Test) to test the drafting skills | 100 | 3 | 60 Minutes |
| Paper 2 | Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics. | 100 | 50 | 40 Minutes |
Additional Details of the PFRDA Grade A Phase 2 Pattern
- The PFRDA Grade A Phase 2 exam consists of 2 online papers worth 100 marks each.
- 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 in objective Paper 2.
- You need to secure separate cut offs in each paper as well as aggregate cut off marks in Phase 2 to be shortlisted for interview.
- The minimum aggregate cut off marks will be decided according to the number of vacancies.
PFRDA Grade A Interview Pattern
Candidates are shortlisted for interview based on their Phase 2 marks only (aggregated sum of 2 papers). Here is the PFRDA Grade A interview pattern:
- The interview is conducted in person at various exam centers.
- You can take the interview in Hindi or English.
- The interview marks are not mentioned in the official PFRDA Grade A notification.
- The weightage of marks obtained in Phase 2 is 85%, while marks obtained in the interview are given a weightage of 15%.
PFRDA Grade A Final Selection
The final selection is based on the aggregate marks obtained in Phase 2 (Papers 1 and 2) and interview.
PFRDA Grade A Syllabus
Here is the PFRDA Grade A syllabus for Phase 1 and Phase 2:
PFRDA 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.
| PFRDA Grade A Phase 1 Paper 1 Syllabus | ||
| Reasoning | Quant | English |
| Ratio and Proportion Percentage Profit and Loss Simple and Compound Interest Average and Ages 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 Data Sufficiency Partnership | Alphanumeric Series Coding and Decoding Syllogism Direction Sense Inequality Ranking and Order Blood Relation Puzzles Seating Arrangement Input-Output Critical Reasoning Questions Based on Data Sufficiency | Grammar Error Spotting Sentence Improvement Comprehension Ability Comprehension passage Cloze test Rearrangement Para jumbles Double Fillers Vocabulary – Synonyms, Antonyms, One-word Substitution, Phrasal Verbs |
| General Awareness | |
| Current Affairs National News: MoUs, Summits, and Major Events related to India International: Summits and Conferences held abroad Financial & Economics News Financial Awareness: RBI and SEBI Notification and Regulations 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, and Retirements Sports: Major Tournaments and its Winners Science, Technology, and Space Awards and Honours Environment Banking and Economy-Related News Reports and Government Schemes Books and Authors | Static Chief Ministers and Cabinet Ministers National Parks and Sanctuaries Airport Locations, Stadiums Organisations’ Headquarters Banks’ Headquarters and Taglines Power Plants in India Indian Dance Forms Countries Capitals and their Currencies Important Days |
PFRDA Grade A Syllabus for Phase 1 Paper 2
Here’s an overview of the Paper 2 syllabus for the PFRDA Grade A Phase 1 exam:
| PFRDA 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 | |
PFRDA Grade A Syllabus for Phase 2 Paper 1
Generally, 3 questions are asked from the following topics:
- Essay
- Precis Writing
- Reading Comprehension
PFRDA 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.
PFRDA Grade A Previous Year Questions
Here are the PYQs of the PFRDA Grade A Phase 1 and Phase 2 exams with links to download in PDF format for free.
PFRDA Grade A Previous Year Papers of 2022 and 2021
You can easily download the memory-based, solved past year papers for the PFRDA Grade A officer in PDF format:
| PFRDA Grade A Phase 1 PYQs of 2022 and 2021 | |
| Memory-Based Phase 1 PYQs | Download Link |
| PFRDA Grade A Previous Year Paper 2022 | Download as PDF |
| PFRDA Grade A Previous Year Paper 2021 | |
| PFRDA Grade A Phase 2 PYQs of 2022 and 2021 | |
| Memory-Based Phase 2 PYQs | Download Link |
| PFRDA Grade A Previous Year Paper 2022 | Download as PDF |
| PFRDA Grade A Previous Year Paper 2021 | |
PFRDA Grade A Cut Off
Below, we have mentioned the cut off marks of PFRDA Grade A exam:
| PFRDA Grade A 2022 Cut Off Marks | ||||||
| Phase 1 | ||||||
| General | EWS | OBC | SC | ST | PwBD (B&LV) | |
| Paper 1 | 22.00 | 22.00 | 13.50 | 13.50 | 13.50 | 13.50 |
| Paper 2 | 16.50 | 16.50 | 7.75 | 7.75 | 7.75 | 7.75 |
| Aggregate | 39.62 | 40.95 | 22.56 | 21.75 | 24.26 | 30.38 |
| Phase 2 | ||||||
| General | EWS | OBC | SC | ST | PwBD (B&LV) | |
| Paper 1 | 51.00 | 51.00 | 47.50 | 47.50 | 47.50 | 47.50 |
| Paper 2 | 33.75 | 33.75 | 26.00 | 26.00 | 26.00 | 26.00 |
| Aggregate | 63.67 | 55.67 | 59.67 | 53.67 | 50.33 | 45.00 |
| Final | ||||||
| General | EWS | OBC | SC | ST | PwBD (B&LV) | |
| Final | 71.22 | 68.67 | 68.70 | 66.26 | 61.66 | 62.00 |
| PFRDA Grade A 2021 Cut Off Marks | ||||||
| Phase 1 | ||||||
| General | EWS | OBC | SC | ST | PwBD (B&LV) | |
| Paper 1 | 23.25 | 23.25 | 15.00 | 15.00 | 15.00 | No Vacancy |
| Paper 2 | 17.25 | 17.25 | 9.50 | 9.50 | 9.50 | – |
| Aggregate | Cut-off has not been applied to the aggregate score. | |||||
| Phase 2 | ||||||
| General | EWS | OBC | SC | ST | PwBD (B&LV) | |
| Paper 1 | 43.50 | 43.50 | 40.25 | 40.25 | 40.25 | – |
| Paper 2 | 29.25 | 29.25 | 21.75 | 21.75 | 21.75 | – |
| Aggregate | 60.33 | 40.33 | 56.33 | 44.67 | 45.67 | – |
| Final | ||||||
| General | EWS | OBC | SC | ST | PwBD (B&LV) | |
| Final | 66.90 | 61.63 | 64.05 | 56.77 | 58.35 | – |
PFRDA Grade A Analysis
Here is the analysis of the PFRDA Grade A 2022 exam.
PFRDA Grade A 2022 Analysis
- The PFRDA Grade A exam in 2022 was of moderate level.
- Regular mock tests proved to be helpful for the candidates to answer the questions confidently.
- Surprisingly, the General Awareness section, often a source of anxiety for candidates due to its vast syllabus, was easy. Simple, straight-forward questions were asked from the GA section.
- Phase 2 was also of a moderate difficulty level. Candidates who practiced multiple mock tests were able to do well in the exam.
PFRDA Grade A Preparation Strategy
Here is the PFRDA Grade A preparation strategy.
| PFRDA 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 PFRDA Grade A preparation strategy. You need to customize it according to your strengths and weaknesses.
Preparation Tips for PFRDA Grade A
Here are the preparation tips for the PFRDA Grade A exam:
- Allocate more time to weak areas while maintaining a balance with your strong subjects.
- Cover important topics first.
- 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 PFRDA Grade A Preparation
Here are the best books and resources to prepare for the PFRDA Grade A exam:
Books for Phase 1 Paper 1 of PFRDA Grade A
The subject-wise PFRDA Grade A booklist for Phase 1 Paper 1 is given below:
| PFRDA Grade A Quantitative Aptitude Books | ||
| Book | Author | Publisher |
| How to Prepare for Quantitative Aptitude for CAT | Arun Sharma | McGraw Hill Edge |
| PFRDA Grade A Reasoning Ability Books | ||
| Book | Author | Publisher |
| A Modern Approach to Verbal and Non-Verbal Reasoning | R.S. Agarwal | S Chand |
| PFRDA Grade A English Books | ||
| Books | Author | Publisher |
| Objective English | SP Bakshi | Arihant |
| PFRDA 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 PFRDA Grade A
The subject-wise PFRDA Grade A booklist for Phase 1 Paper 2 is given below:
| PFRDA 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 |
| PFRDA 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 |
| PFRDA 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 |
| PFRDA 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 |
| PFRDA Grade A Companies Act Books | ||
| Book | Author | Publisher |
| Companies Act, 2013 (Make it Simple by AUBSP) | AUBSP | – |
| PFRDA 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 |
| PFRDA 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:
| PFRDA 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.
PFRDA Grade A Officer Job Profile
PFRDA Grade A officers play a vital role in ensuring the security and stability of India’s pension sector. Here’s a breakdown of their key responsibilities:
- A PFRDA Grade A officer is responsible for implementing and enforcing regulations, ensuring all pension funds comply with the set standards.
- They actively participate in developing and updating pension-related policies to keep the system efficient and effective.
- Through close supervision and monitoring, they safeguard pension funds, adhering to strict regulatory guidelines.
- By implementing new policies and regulations, they work to streamline the pension system and enhance its overall security.
- They actively participate in educational and outreach programs, promoting awareness and understanding of the pension system among the public.
- A crucial aspect of their role is to identify and mitigate potential risks within the pension sector, protecting the hard-earned savings of India’s workforce.
PFRDA Grade A Officer Promotions
Here’s a breakdown of the promotions that lie ahead of a PFRDA Grade A officer:
| PFRDA 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 General Manager |
| – | Executive Director |
| – | Whole Time Director |
| – | Chairperson |
PFRDA Grade A Salary
- PFRDA Grade A officers start with a basic monthly salary of ₹44,500.
- Including allowances such as house rent allowance (HRA) and dearness allowance (DA), the gross monthly salary can reach approximately ₹1,40,000.
PFRDA Grade A Officer Lifestyle
- PFRDA Grade A assistant manager’s position provides a good lifestyle with a unique blend of work and leisure.
- With a competitive salary and a comprehensive benefits package, including various allowances and perks, PFRDA Grade A assistant managers have the financial freedom to maintain a good standard of living.
- The job offers a stable career path with opportunities for growth and advancement within the organization.
Important Note: The interview venue is mentioned in the interview call letters.
PFRDA Grade A Application Fee
Here is the application cum intimation fee to apply for the PFRDA Grade A exam:
| Category | Amount |
| Unreserved/GEN, EWS & OBC | ₹1000 (inclusive of GST) |
| SC/ST/PwBD/Women | Nil |
Important Note: Candidates have to pay the requisite fees only through online mode.
How to Apply for the PFRDA Grade A Exam
Follow the below-mentioned steps to apply for the PFRDA Grade A exam.
Step 1
Visit the official PFRDA website, i.e., www.pfrda.org.in.
Step 2
Open the “Careers” section link on the official website.
Step 3
Click on “PFRDA RECRUITMENT EXERCISE -RECRUITMENT OF OFFICER GRADE A (ASSISTANT MANAGER).”
Step 4
A new page will open to register and proceed with the application process.
Step 5
Fill in the required information like email address, name, etc. Click on the “Save and Next” button.
Step 6
You get a provisional registration number and password on your registered email.
Step 7
Log in using the provisional registration number and password.
Step 8
Fill in all the required details in the application form and upload the necessary documents.
Step 9
Carefully preview and submit the application form and proceed with the online application fee payment.
Step 10
Pay the application fees and take a printout of the application form and e-receipt for future reference.
How to Download PFRDA Grade A Admit Card
Here are the step-by-step instructions to download the PFRDA Grade A Assistant Manager admit card.
Step 1
Visit the official PFRDA website, i.e., www.pfrda.org.in.
Step 2
Open the “Careers” section link on the official website.
Step 3
Click on the link “Download the PFRDA Grade A Assistant Manager Admit Card”.
Step 4
Fill in the login details like application number and password, and log in.
Step 5
Your PFRDA Assistant Manager admit card will appear on the screen.
Step 6
Download and print the document for future reference.
Follow the same procedure to download the admit card for the PFRDA Grade A Phase 2 exam.
PFRDA Grade A Result
- The PFRDA Grade A 2022 Phase 1 exam result was announced on 21 November 2022, and the Phase 2 result was announced on 12 January 2023.
- The final result was announced on 3 May 2023.
Click on the links below to download the PFRDA Grade A 2023 results:
| Result | PDFs Links |
| PFRDA Grade A 2022 Phase 1 Result | Download PDF |
| PFRDA Grade A 2022 Phase 2 Result | Download PDF |
| PFRDA Grade A 2022 Final Result | Download PDF |
| PFRDA Grade A 2021 Phase 1 Result | Download PDF |
| PFRDA Grade A 2021 Phase 2 Result | Download PDF |
| PFRDA Grade A 2021 Final Result | Download PDF |
PFRDA Grade A Training
- After passing the PFRDA 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 in the pension sector, enabling them to perform their duties effectively.
Conclusion
We have discussed all the essential information you need to navigate the PFRDA 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 PFRDA Grade A exam, and you can prepare with confidence.
