IFSCA Grade A Recruitment 2024: Apply Online Form, Exam Date, and Eligibility Details
The International Financial Services Centres Authority (IFSCA) has released its Grade A Notification 2024, inviting online applications from eligible candidates for 15 Assistant Manager vacancies. The application process is currently active and will continue until 12th July 2024. Interested candidates can apply through the official website of IFSCA at https://www.ifsca.gov.in. This comprehensive article provides all the necessary information regarding the IFSCA Grade A Recruitment 2024, including eligibility criteria, important dates, selection process, exam pattern, and more.
IFSCA Grade A Notification 2024
The IFSCA Grade A Notification PDF has been made available on the official IFSCA website. This document includes detailed information about the vacancies, registration dates, eligibility requirements, exam pattern, and selection process. Aspiring candidates must thoroughly review the notification to ensure they meet all the criteria for the Officer Grade A (Assistant Manager) posts. The notification can be directly downloaded from the provided link on the IFSCA website.
Overview of IFSCA Grade A Recruitment 2024
The International Financial Services Centres Authority (IFSCA) is a statutory regulatory body established by an Act of Parliament to develop and regulate the financial services market in the International Financial Services Centres (IFSC) in India. The selection process for the Assistant Manager posts consists of three phases: Phase I (online screening examination), Phase II (online examination), and Phase III (interview). Below are the key highlights of the IFSCA Grade A Recruitment 2024:
- Organization: International Financial Services Centres Authority (IFSCA)
- Post Name: Officer Grade A (Assistant Manager)
- Vacancies: 15
- Category: Government Jobs
- Mode of Application: Online
- Last Registration Date: 12th July 2024
- Selection Process: Phase I, Phase II, and Phase III
- Official Website: https://www.ifsca.gov.in
Important Dates for IFSCA Grade A Recruitment 2024
The online registration for the IFSCA Grade A Recruitment 2024 began following the release of the notification on 27th March 2024. The deadline for submitting application forms has been extended to 12th July 2024. The dates for the Phase I and Phase II examinations, as well as the Phase III interview, will be announced in due course. Candidates should regularly check the official website for updates on the exam schedule.
Vacancy Details for IFSCA Grade A Recruitment 2024
The IFSCA has announced a total of 15 vacancies for the Officer Grade A (Assistant Manager) posts. Out of these, 2 vacancies are for the legal stream, and 13 are for the general stream. Candidates can apply for only one stream based on their educational qualifications and age limit. The distribution of vacancies is as follows:
- General (UR): 6
- Other Backward Classes (OBC): 4
- Scheduled Castes (SC): 2
- Scheduled Tribes (ST): 1
- Economically Weaker Sections (EWS): 2
- Total: 15
How to Apply for IFSCA Grade A Recruitment 2024
The application process for the IFSCA Grade A posts is entirely online. Interested candidates should follow these steps to submit their applications:
- Visit the Official Website: Go to the IFSCA official website at https://www.ifsca.gov.in.
- New Registration: On the homepage, look for the "New Registration" link and click on it.
- Create Registration ID: Fill in all the required details to create your registration ID and password.
- Fill Application Form: After registration, log in using your ID and password. Complete the application form by providing your educational and personal details.
- Upload Documents: Upload the required documents, including a scanned photograph and signature, as per the specified format.
- Payment of Application Fee: Pay the application fee online using Debit Card, Credit Card, Net Banking, or UPI.
- Submit and Print: Submit the application form and take a printout for future reference.
Application Fee for IFSCA Grade A Recruitment 2024
Candidates must pay a non-refundable application fee to complete the application process. The fee can be paid online using various payment methods such as Debit Cards, Credit Cards, Internet Banking, IMPS, and Mobile Wallets. The application fee is categorized as follows:
- Unreserved/OBC/EWS: Rs. 1500/-
- SC/ST/PwBD: Rs. 150/-
Eligibility Criteria for IFSCA Grade A Recruitment 2024
Before applying, candidates must ensure they meet the eligibility criteria for the Officer Grade A (Assistant Manager) posts. The eligibility criteria are divided into educational qualifications and age limits.
Educational Qualification
Candidates can apply for either the General or Legal stream based on their educational qualifications:
- General Stream:
- Master’s Degree in Statistics, Economics, Commerce, Business Administration (Finance), or Econometrics.
- Bachelor’s degree in Information Technology, Computer Science, or Master’s in Computer Application/Information Technology.
- Bachelor’s degree in Commerce with professional qualifications like CA, CFA, CS, and ICWA.
- Bachelor’s degree in Law or any other discipline from a recognized University.
- Legal Stream:
- Bachelor’s Degree in Law from a recognized University/Institute.
Age Limit
Candidates must not have exceeded the age of 30 years as of 1st February 2024. Age relaxation is applicable as per government norms:
- Scheduled Caste (SC): 5 years
- Scheduled Tribe (ST): 5 years
- Other Backward Classes (OBC): 3 years
Selection Process for IFSCA Grade A Recruitment 2024
The selection process for the IFSCA Grade A posts consists of three phases:
Phase I (Online Screening Examination): This phase consists of two papers with multiple-choice questions. Paper 1 covers General Awareness (financial sector), English Language, Quantitative Aptitude, and Test of Reasoning. Paper 2 is specific to the stream (General or Legal). There is negative marking, and minimum qualifying marks are required to proceed to the next phase.
Phase II (Online Examination): This phase also consists of two papers. Paper 1 is an English Descriptive Test, including Precis Writing, Essay Writing, and Comprehension. Paper 2 includes multiple-choice questions related to the stream (General or Legal). Negative marking is applicable.
Phase III (Interview): Candidates who qualify in Phase II will be called for an interview. The final selection will be based on the combined scores of the online examinations and the interview.
Exam Pattern for IFSCA Grade A Recruitment 2024
Phase I Exam Pattern
Paper 1 (Common for both streams):
- General Awareness (financial sector): 25 questions, 25 marks
- English Language: 25 questions, 25 marks
- Quantitative Aptitude: 25 questions, 25 marks
- Test of Reasoning: 25 questions, 25 marks
- Duration: 60 minutes per paper
- Negative marking: 1/4th of the marks assigned to the question
- Minimum qualifying marks: 30% for Paper 1, 40% for Paper 2
Paper 2 (Stream-specific):
- General Stream: 50 questions, 150 marks
- Legal Stream: 50 questions, 50 marks
- Duration: 60 minutes per paper
Phase II Exam Pattern
Paper 1 (Common for both streams):
- English Descriptive Test (Precis Writing, Essay Writing, Comprehension): 100 marks
- Duration: 60 minutes
- Minimum qualifying marks: 30%
Paper 2 (Stream-specific):
- General Stream: 50 questions, 150 marks
- Legal Stream: 50 questions, 50 marks
- Duration: 60 minutes
- Negative marking: 1/4th of the marks assigned to the question
- Minimum qualifying marks: 40%
Salary and Benefits for IFSCA Grade A Officers
Candidates appointed to the post of Officer Grade A will undergo a probation period of two years. The pay scale for Grade A officers is Rs. 44,500-2500(4)-54,500-2850(7)-74,450-EB-2850(4)-85,850-3300(1)-89,150. In addition to the basic salary, officers will receive various benefits such as medical expenses, eye refraction, education allowance, house cleaning allowance, and other allowances as per IFSCA norms.
Exam Centers for IFSCA Grade A Recruitment 2024
Candidates must select their preferred exam centers while filling out the application form. They can choose up to three centers for Phase I and one center for Phase II. The examination centers for Phase I and Phase II are located in various cities across India, including Ahmedabad, Bhubaneswar, Gandhinagar, Hyderabad, Kochi, Nasik, Prayagraj, Agartala, Chandigarh, Indore, Mohali, Kolkata, New Delhi, Pune, Chennai, Jaipur, Lucknow, Panaji, Raipur, Bengaluru, Coimbatore, Kanpur, Madurai, Patna, Ranchi, Dehradun, Siliguri, Meerut, Guwahati, Surat, Mumbai, Haldwani, Vijayawada, Hubli, Dharwad, Nagpur, and Vishakhapatnam.
Frequently Asked Questions (FAQs)
Q1. How many vacancies are available through IFSCA Grade A Recruitment 2024? A1. A total of 15 vacancies are available for the Officer Grade A (Assistant Manager) posts.
Q2. How can I apply for IFSCA Grade A Recruitment 2024? A2. Candidates can apply online through the official IFSCA website at https://www.ifsca.gov.in by following the steps mentioned in the application process section.
Q3. What is the selection process for IFSCA Grade A Vacancy? A3. The selection process consists of three phases: Phase I (online screening examination), Phase II (online examination), and Phase III (interview).
For further information and updates, candidates are advised to regularly visit the official IFSCA website.