IFSCA Grade A Notification 2024 – Eligibility Details and Selection Process!

Notification for the appointment of Grade A (Assistant Manager) is released by the International Financial Services Centres Authority on March 28, 2024, all those who are eagerly waiting for this recruitment drive are requested to stay till the end of this article to get complete information in this regard.

IFSCA Grade A Notification 2024

Candidates who want to be appointed as Grade A (Assistant Manager) under the IFSCA need to know that to apply for recruitment, a link will be available at https://ifsca.gov.in/. To apply one has to provide details, documents and fees by the deadline. Link to apply will be available on the respective webportal likely for four weeks, once the advertisement is made public officially.

Notification 28 March 2024
Application Form 28 March to 21 April 2024
Vacancies Around 100
Post Name  Grade A (Assistant Manager)
Organization  International Financial Services Centres Authority
Eligibility Bachelor’s/Master’s degree, Age 21-30
Application Fee General/OBC/EWS: ₹1000, SC/ST: ₹100
Selection Process Prelims (Qualifying) + Mains (85%) + Interview (15%)
Notification PDF Check Here
Website https://ifsca.gov.in/

Last year’s advertisement was released officially by the International Financial Services Centres Authority in February 2023, so it was anticipated to be released in the same month in the year 2024. As of March 2024, it is yet made public, according to reliable sources, it is estimated that it may be released by between April and June 2024. 

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IFSCA Grade A Recruitment 2024

The recruitment for Grade A (Assistant Manager) positions at IFSCA is anticipated to be announced in the second quarter of 2024. Last year’s advertisement was released in February 2023, indicating a similar timeline. As of March 2024, the notification is awaited, with expectations of release between April and June 2024 at https://ifsca.gov.in/.

IFSCA Grade A Vacancy 2024

The upcoming vacancy for Grade A (Assistant Manager) positions at IFSCA is anticipated to offer around 100 openings across all categories. Details regarding reservation quotas will be provided in the official notification upon its release.

Last year, it was made public officially for 20 vacancies, you may check the reservation details for the same from the table below.

  • General – 10
  • Other Backward Class – 5
  • Schedule Caste – 3
  • Schedule Tribes – 1
  • Economically Weaker Section – 1

IFSCA Grade A Eligibility Criteria 2024

Eligibility criteria for the post of Grade A (Assistant Manager) under the IFSCA in terms of educational qualification and age limit is available below.

  • Education Qualification – A candidate must hold a Master’s or Bachelor’s degree in Statistics, Economics, Commerce, Business Administration, Information Technology, Computer Science, Law, or any other recognized field.
  • Age Limit – One must meet the age requirement of being between 21 and 30 years, and there will be upper age relaxation for 3 and 5 years for OBC and SC/ST, respectively.

The notification is yet to be released officially by the International Financial Services Centres Authority, all the details about the eligibility are mentioned above as per last year’s advertisement.

IFSCA Grade A (Assistant Manager) Application Fee 2024

To apply for recruitment of Grade A at the International Financial Services Centres Authority, a candidate is required to pay an application fee as per their category. General, OBC, and EWS candidates need to pay ₹1000, for the SC and ST aspirants, the amount is only ₹100. 

Prelims:

  • Mode: Online
  • Duration: 60 minutes (Each Paper)
  • Sections: Two papers:
    • Paper 1: General topics (100 marks)
    • Paper 2: Financial topics (100 marks)
  • Questions:
    • Paper 1: 25 questions in each of four sections
    • Paper 2: 50 questions
  • Marking:
    • Paper 1: 1 mark per question, negative marking (1/4th)
    • Paper 2: 2 marks per question, negative marking (1/4th)
  • Medium: English

Mains:

  • Mode: Online
  • Duration: 60 minutes (Each Paper)
  • Sections: Two papers:
    • Paper 1: Descriptive English (100 marks)
    • Paper 2: Financial topics (100 marks)
  • Questions:
    • Paper 1: Descriptive (Precis Writing, Essay writing, Comprehension)
    • Paper 2: 50 multiple-choice questions
  • Marking:
    • Paper 1: Descriptive, 1/3rd weightage
    • Paper 2: 2 marks per question, negative marking (1/4th)
  • Medium: English

Interview:

  • Mode: Face-to-face
  • Medium: English (Anticipated

Candidates need to know that the final selection list will be prepared on the basis of candidates’ performance in Mains and Interview with a weightage of 85% and 15%, respectively.

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