1. PFRDA Grade A 2023 Notification

The Pension Fund Regulatory and Development Authority (PFRDA) has published an official notice for PFRDA Grade A Recruitment 2022 on its official website, www.pfrda.org. A total of 22 Officer Grade ‘A’ Assistant Managers 2022 (General, Finance and Accounts, Information Technology, Research Economics, Legal, Official Language) will be filled through this recruitment drive. Candidates must review the PFRDA Grade A Exam 2022 facts, such as the crucial dates, exam pattern, syllabus, selection process, remuneration, and so on.

Check here for PFRDA GRADE-A 2022 Notification

2. About PFRDA Grade A 2023 Exam

In PFRDA Grade A  2023, there will be two online exams: Phase 1 prelim test, which will be objective-only, and Phase 2 mains exam, which will be both objective and descriptive. The qualified candidates will be chosen for the PFRDA Grade A 2023 based on their performance in various exam phases.

2.1 PFRDA Grade A  2023  Phase I Prelims

The PFRDA Grade A 2023 Exam Pattern, Phase 1 includes English, Reasoning, and Numerical/Quantitative Aptitude. There are 100 multiple-choice questions (MCQs) with one mark for each correct answer and a 1/4 negative mark is deducted for each incorrect response.

Paper Stream/Subject Maximum Marks No. of Questions Duration
Paper-I

All Streams: (Multiple choice questions)

English Language 25 20 60 Minutes
Quantitative Aptitude 25 20
Reasoning 25 20
General Awareness 25 20
Total 100 80
Paper-II General Stream: MCQ questions from Commerce, Costing, Companies Act, Finance, Management,  Economics, Accountancy,  and Pension Sector. 100 50 40 Minutes
Information Technology, Legal and Accounts, Finance, Research (Economics), and Official Language (Rajbhasha) Streams. 100 50 40 Minutes

 

2.2 Exam Pattern for Phase II Mains Exam

The PFRDA Grade A Mains Exam is divided into two sections: objective and descriptive, and each section must be passed separately by the candidate. The objective has a time limit of 140 minutes, while the descriptive report has a time limit of 30 minutes. There are 200 multiple-choice questions (MCQs) and two essay or letter-writing questions. Each incorrect response will result in a quarter-point deduction.

Paper Streams/ Subject Maximum Marks No. of Questions Duration
Paper 1 All Streams: English (Descriptive Test)  100 3 60 minutes
Paper 2 General Stream: MCQ questions subjects on Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics, and Pension Sector. 100 50 40 minutes
Information Technology, Finance, Accounts, Research, Legal and Official Language 

(Rajbhasha) Streams: 

100 50 40 minutes

3. About IACE coaching for PFRDA Grade A 2023

IACE offers coaching for the Central Bank of India examination. The IACE Institute can guide Central Bank of India hopefuls. IACE Academy provides candidates with numerous benefits, including.

  • The entire PFRDA Grade A study material will be provided.
  • Daily newspapers and current affairs booklets with current and economic information.  
  • Mock test series and computer lab facilities are available. 
  • Various interactive sessions and programs, such as real intensive programs held before the exam, W-cat for current affairs, and Battle of Brain are some of them.

4. PFRDA Grade A 2023 Exam Highlights

The exam highlights of the PFRDA Grade A 2023 are given below.

PFRDA Assistant Manager exam highlights
Name of Organization Pension Fund Regulatory and Development Authority (PFRDA) 
Official Website PFRDA Official Website
Post Name Assistant Manager – Grade A
Total Vacancy To be notified
Application Start Date To be notified
Last Date to Apply To be notified
Selection Process
  • Online Test- I
  • Online Test- II
  • Interview
Online Test I Date To be notified
Online Test I Result To be notified
Online Test II Date To be notified
Online Test II Result To be notified
Interview To be notified
Final Result Date To be notified
Category Insurance Jobs

5. PFRDA Grade A 2023 Online Application & Fee

5.1 Online application process

  • Go to the PFRDA’s online application website.
  • To register your application, click the “CLICK HERE FOR NEW REGISTRATION” button 
  •  You can provide your Name, Contact Information, and Email Address.
  •  registration number and password which is produced by the system will be displayed on the screen. 
  •  Note the temporary registration number and password.
  •  An email and SMS with the provisional registration number and password will also be sent.
  • Verify the information on the online application by clicking the “COMPLETE REGISTRATION” BUTTON.
  • By clicking the “VALIDATE YOUR DETAILS” and “SAVE & NEXT” buttons, you can validate your details and save your application.

5.2   Application fees

The details of application fees for PFRDA Grade A 2023 are given below.

Category of Applicant Amount of Fee (INR)
Unreserved/GEN, EWS & OBC 1000
SC/ST/PwBD/Women No fee

6. PFRDA Grade A 2023 Eligibility Criteria

Candidates must check their eligibility before applying for positions at the PFRDA Grade A  

6.1 Educational qualification

Stream Educational Qualification Criteria 
General
  • Master’s Degree in any discipline, Bachelor’s Degree in Law and  Engineering from a recognized University
  •  CA, CFA, CS, CWA.
Finance & Accounts
  • Graduation from a recognized university
  • ACA/ FCA from ICAI ACS/ FCS from ICSI or ACMA/ FCMA from ICMAI
Information Technology Bachelor’s Degree in Engineering (Electrical / Electronics and Communication / Information Technology / Computer Science) Or Master in Computer Application Or Bachelor’s Degree in any discipline with a postgraduate qualification (minimum 2 years) in Computers /Information Technology.

 Experience: 2 years of post-qualification experience

Official Language (Rajbhasha) Master’s Degree in Hindi with English as one of the subjects in Bachelors Degree or Master’s Degree in Sanskrit/ English/ Economics/ Commerce with Hindi as a subject in Bachelors Degree
Research (Economics) Master’s Degree in Statistics/ Economics/ Commerce/ Business Administration /Econometrics.
Legal Degree in Law

 

6.2 Age limit 

Age limit requirements for PFRDA grade A 2023  applications should not be older than 30. Age relaxation is available in the below category 

Age Relaxation

Category Age Relaxation
SC/ST 5 years
OBC 3 years
PWD – UR 10 years
PWD – OBC 13 years
PWD – SC/ST 15 years
ESM 5 years

7. PFRDA Grade A 2023- Important Dates

The important dates for PFRDA Grade A Officer 2023  are given below.

Event Date
Application Start Date To be Notified
Last Date to Apply To be Notified
Admit Card Release To be Notified
Online Test I Date To be Notified
Online Test I Result To be Notified
Online Test II Date To be Notified
Online Test II Result To be Notified
Interview To be Notified
Final Result Date To be Notified

8. PFRDA Grade A 2023 Selection Procedure

The Selection process of PFRDA Grade A Recruitment 2023 has three stages as given below-

Phase I

Phase II

Interview

Phase I Examination: There will be a total of 100 Multiple Choice Questions.

 a negative marking of 0.25 mark will be deducted for every wrong answer.

Phase II Examination: There will be 200 Multiple Choice Questions in total.

For each incorrectly answered question, a 0.25 mark will be deducted.

Interview: Only those candidates who have been shortlisted will be contacted for an interview. Candidates may choose to have their interviews in either Hindi or English.  The marks received in the Phase II Online Examination will be weighted at 85%, while the marks obtained in the Phase III Interview will be weighted at 15%. 

9. PFRDA Grade A 2023 Syllabus

PFRDA Assistant Manager Syllabus for Paper 2 for General Stream (Common Syllabus for both phases)

  • Commerce & Accountancy
  • Management 
  • Finance 
  • Costing 
  • Companies Act 
  • Economics 
  • Pension Sector 

Syllabus for Paper 2 for Information Technology Stream (Common for both Phases)

  • Database Concepts
  • SQL Queries
  • Programming Concepts (Java /C C++ )
  • Data Analytics Languages (Python / R)
  • Algorithms for problem-solving
  • Networking Concepts
  • Information & Cyber Security Concepts
  • Data warehousing
  • Shell Programming

Syllabus for Paper 2 for Research (Economics) Stream (Common Syllabus for both phases)

  • Economics
  • Statistics and Econometrics
  • Financial Institutions and Markets

Syllabus for Paper 2 for Research (Statistics) Stream (Common Syllabus for both phases)

  • Definition of Probability
  • Standard Distribution
  • Large and Small Sample Theory
  • Analysis of Variance
  • Estimation
  • Testing of Hypothesis
  • Non Parametric Tests
  • Stochastic Processes
  • Linear Models and Economic Statistics
  • Multivariate Analysis
  • Numerical Analysis and Basic Computer Techniques
  • Panel Data Analysis
  • Time Series Properties and Analysis.

10. PFRDA Grade A 2023 Vacancy: Category-Wise

The PFRDA has released 22 tentative vacancies for Grade A officer posts.  The tentative vacancies Category-wise list for PFRDA Grade A 2022 is given below.

PFRDA Assistant Manager Vacancy 2022
Stream Category Total Vacancies
SC ST OBC EWS General/UR
General 3 1 5 2 4 15
Finance & Accounts 2 2
Information Technology 01 1
Official Language (Rajbhasha) 1 1
Research (Economics) 1 1
Legal 2 2
Total 22

11. PFRDA Grade A 2023 Cut-Off: Previous Year’s Cut-off Marks

The PFRDA Grade A 2023 notice will be made public soon. Candidates can also refer to the  PFRDA Grade A 2021 Cut-Off, which is provided below. 

Check here for PFRDA Grade A 2021 Cutoff

12. PFRDA Grade A 2023 Salary Structure

The PFRDA Grade A 2023 salary structure for  Assistant Manager Grade ‘A’ Officers are paid 

 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years).

13. PFRDA Grade A 2023 Salary Allowances

The following are included in the gross pay:

  • Allowance for Special Grade
  • Allowances for Dearness
  • Allowance for Local Residents
  • Allowance for Family
  • Allowance for Special Compensation
  • Allowance for Learning
  • Allowance for Grades
  • Exceptional Allowance
  • Contribution of the PFRDA to the National Pension System (NPS)
  • Housing Allowance, for example.

14. PFRDA Grade A 2023 Exam Centre

The list of PFRDA Grade-A 2023 exam centres is given below. 

PFRDA Grade A Phase 1 Exam Centres

East Zone West Zone North Zone South Zone Central Zone
Patna Mumbai Metropolitan Region Delhi / NCR Hyderabad Nagpur
Guwahati Sural Lucknow Trivandrum Raipur
Bhubaneshwar Ahmedabad / Gandhinagar Jammu Bangalore Indore
Ranchi Jaipur Dehradun Visakhapatnam Prayagraj
Imphal Pune Meerut Kochi/ Ernakulam Prayagraj
Siliguri Hubli/ Dharwad Haldwani Madurai  
Agartala Aurangabad (MH)   Coimbatore  
Muzaffarpur Nasik   Vijayawada  
  Panaji      

 

PFRDA Grade A Phase 2 Exam Centres

East Zone West Zone North Zone South Zone Central Zone
Kolkata Navi Mumbai, Mumbai, Mumbai Metropolitan Region, and Thane. Chandigarh / Mohali Chennai Bhopal
Patna Ahmedabad / Gandhinagar Delhi / NCR Hyderabad Nagpur
Guwahati Jaipur Lucknow Trivandrum Raipur
Bhubaneshwar     Bangalore  

15. PFRDA Grade A 2023 Preparation Tips

The syllabus for the PFRDA Assistant Manager exam is extremely extensive, the first step is to become familiar with all of the themes and subtopics that will be included in the exam. 

  • Obtain exam pattern details to determine the weightage of each subject’s scores and begin your preparation appropriately.
  • Concentrate on your specialisation subjects because they carry more weight and necessitate complete and clear comprehension.
  • Solve previous year’s PFRDA Assistant Manager papers to become familiar with the type of questions asked and which themes are more highlighted.
  • Take full-length mock tests to improve your time management skills and accuracy.

16. PFRDA Grade A 2023 Probation Period

After being selected by PFRDA for the position of Officer Grade ‘A’ (Assistant Manager), you must serve a one-year probation period. Based on your acceptable performance during the probation term, your final selection in the organisation will be confirmed through the services of PFRDA.

17. PFRDA Grade A 2023 Admit Card & Call Letter

Candidates must download the admit card and call letter for the 2023 PFRDA Grade A Officer test. There will be separate admit cards for both the Phase I and Phase II tests. The PFRDA recruitment board will issue a notice. The official link for downloading the admit card will be activated one week before the exams. On the admit cards, candidates will find information regarding the exam centre, exam day, time, and location.

The Officials will also issue a Final Call Letter for PFRDA Grade-A  2023. Information on how to download the PFRDA Grade-A  2023 Call Letters will be emailed to registered email addresses and phone numbers. Candidates are encouraged to be attentive and follow regular updates.

18. PFRDA Grade A 2023 Prelims Result

PFRDA Grade A Result will be available after the completion of the prelims exam. The Pension Fund Regulatory and Development Authority (PFRDA) publishes the PFRDA Grade A Result 2023 on its official website, https://www.pfrda.org.in/. 

19. PFRDA Grade A 2023 Interview Results

Candidates who pass the Phase 2 exam will be invited to the interview stage. Candidates have the option of having an interview in either Hindi or English. The results in the Phase 2 online test will be weighted at 85 and the Phase 3 Interview will be weighted at 15%.

20. PFRDA Grade A 2023 Mains Result

The PFRDA Result will be announced for applicants who took the online exam for  Assistant Manager positions. PFRDA Grade A Mains Result 2023  will be available on the official website, link will be provided here to download the merit list.

21. FAQ's

1. What is the PFRDA Exam?

Ans: PFRDA stands for Pension Fund Regulatory and Development Authority. It holds this exam once a year to find qualified individuals for various posts. Because it is a government organisation, these positions fall under the category of government jobs.

2. What is the procedure for PFRDA Grade A 2023 Recruitment?

Ans: There will be two rounds of written tests. Candidates who pass the prelims exam will take the mains exam. Shortlisted applicants from the Mains exam will be invited to a personal interview, after going through all of this.

3. When is the PFRDA Grade A Exam in 2023?

Ans. The PFRDA Grade A Exam 2023 will be held very soon.

4. Can candidates apply in more than one stream for the position of PFRDA Assistant Manager?

Ans. Candidates can apply for a maximum of two streams, according to the PFRDA Assistant Manager Notification.

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