PFRDA Grade A Assistant Manager Exam Pattern, Marking Scheme 2022

By C.Suvarna | Updated on: Mar 14, 2023

PFRDA Grade A Exam Pattern 2022

 pfrda Exam 2022

The PFRDA Assistant Manager exam pattern comprises the following three phases.

  • Phase 1 (Online screening test consisting of two papers of 100 marks each)
  • Phase 2 (Online examination consisting of two papers of 100 marks each)
  • Phase 3 (Interview)

PFRDA Grade A What’s New?

Notification20202021
Stages of the exam There were two stages in the exam
  • Phase 1 (Online test)
  • Phase 2 (Group Discussion and Interview)
The exam pattern comprises three stages
  • Phase 1 (Online screening-qualifying in nature)
  • Phase 2 (Online examination) (MCQ+Descriptive)
  • Phase 3 (Interview)
Written: Interview Ratio 80:20 85:15

PFRDA Grade A Phase 1 Exam Pattern

PFRDA Grade A exam pattern for Phase 1 is a multiple-choice question-based exam. It will consist of two papers - Paper 1 and Paper 2. The PFRDA Grade A (Assistant Manager) Paper 1 exam is common for every stream. It carries 100 marks. Paper 2 is however different for different streams. Further details on the PFRDA Assistant Manager exam pattern can be obtained from the table below.

PaperStream / SubjectMaximum MarksNumber of QuestionsTime Duration
Paper 1
All Stream: 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 financial sector) 25 20
Total 100 80  
Paper 2 General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector. 100 50 40 minutes
Information Technology, Finance and Accounts, Research Economics), Legal and Official Language (Rajbhasha) Streams: Multiple choice questions on Specialised subject related to stream. 100 50 40 minutes

  • You have to secure separate cut-offs in each paper as well as overall cut-off marks in Phase 1.
  • The minimum overall cut-off marks for being shortlisted for Phase 2 will be decided by the Authority in relation to the number of vacancies.
  • Marks obtained in Phase 1 shall be used only for shortlisting candidates for Phase 2 and will not be counted for the final selection of the candidates.

PFRDA Grade A Phase 2 Exam Pattern

PFRDA Grade A Exam Pattern 2022 for Phase 2 consists of two papers as well, i.e., Paper 1 and Paper 2. Paper 1 is of the English language (common for all streams) and Paper 2 is subject-related. Paper 1 will be descriptive in nature whereas, in Paper 2, multiple-choice questions will be asked. The time limit varies for each paper. Further details on the PFRDA Grade A Mains exam pattern are given in the table below.

PaperStream / SubjectMaximum MarksNumber of QuestionsTime Duration
Paper 1 All Stream: English (Descriptive Test) to test the drafting skills 100 3 60 minutes
Paper 2 General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector 100 50 40 minutes
Information Technology, Official Language (Rajbhasha), Finance & Accounts, Research (Economics) Streams: Multiple choice questions on Specialised subject related to stream. 100 50 40 minutes

  • A separate call letter will be issued to you if you qualify for PFRDA Grade A Phase 3
  • You have to secure separate cut-offs in each paper as well as overall cut-off marks in PFRDA Grade A Phase 2
  • Paper 2 will be conducted in several shifts. Hence, if you have applied to multiple streams the same shall be intimated to you in the call letter
  • Only if you qualify for the Paper 1 test, your Paper 2 will be evaluated

Phase 3- Personal Interview

You will be shortlisted for PFRDA Grade A Phase 3 i.e Interview based on your performance in the Phase 2 exam. You can opt for an interview in Hindi or English at your convenience. The final merit for PFRDA Grade A 2022 Recruitment will be decided on the marks obtained by you in Phases 2 and 3. The final merit consists of a weightage of 85% marks obtained in PFRDA Exam 2022 Phase 2 and a weightage of 15% marks obtained in PFRDA Grade A Phase 3 (Interview)

PFRDA Grade A Marking Scheme

In the PFRDA Grade A 2022 exam,  a wrong answer will attract a penalty of 1/4th of the mark assigned to that question. The detailed PFRDA Grade A Marking Scheme is provided in the table below.

PFRDA Officer Grade A (Assistant Manager) Exam Marking Scheme

Marking SchemeConsidered Marks
For wrong answers 1/4 marks
For not attempted 0 (no marks)

PFRDA Exam Language

The PFRDA Assistant Manager exam is bilingual in nature i.e. Hindi/ English except for the test for English Language and the Descriptive Test. Besides this, you can also opt for an interview in either Hindi or English.

PFRDA Grade A Free Mock Tests

Make sure that you leave no stone unturned while preparing for PFRDA Grade A 2022. To evaluate your preparation level, the best way is to attempt mock tests as much as possible. It not only increases your speed but also improves your overall score in the exam. Thus, we at ixamBee are providing practice tests for PFRDA Grade A 2022 absolutely free of cost. You can attempt PFRDA Grade A exam mock tests 2022 by just logging in to the website. You will also find the stream-specific PFRDA Grade A mock tests on our website. 

PFRDA Grade A (Legal Stream) Study Plan

WeeksPaper 1 Phase 1 TopicPaper 2 Topics (common for Phase 1 and Phase 2)
Week 1 Quant (Shortcut Tricks)
  • Constitution of India (Parts mentioned in syllabus)
  • Taxation
Quant (Simplification, Approximation, Surds and Indices)
Reasoning (Puzzles, input-output, ranking)
Reasoning (Analytical Reasoning)
English (Tenses) Descriptive English Practice- Essay
Economic Banking & Finance Current Affairs (April and May 2022)
Week 2 Quant (Series, Quadratic Equations) Companies Act, 2013- All chapters in Syllabus
Reasoning (Coding Decoding, Data Sufficiency, Coded Inequality)
English (Parts of Speech, Direct Indirect speech)
Economic Banking & Finance Current Affair (June and July 2022)
Static Current Affairs + BeePedia (May 2022) Descriptive English Practice- Precis Writing
Revision of Topics of difficulty (from Week 1 and Week 2)
Week 3 Quant (Percentages, Average)
  • SEBI Act, 1992
  • IRDA Act, 1999
  • PFRDA Act, 2013
  • Law of Trusts
Reasoning (Syllogism, Input-Output)
English (Subject Verb Agreement)
Economic Banking & Finance Current Affairs (Aug 2022)
BeePedia of June and July 2022 with MCQs Mock Tests of Paper 2 + Descriptive English Practice- Comprehension
Revision (Easy Section Tests), Mock Tests of Paper 1

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FAQs

The PFRDA Grade A Exam will be conducted in three phases- Phase 1, Phase 2 followed by an interview.
Yes, 0.25 mark will be deducted for every wrong answer in the PFRDA Assistant Manager exam.
No, there will be no sectional timing in the PFRDA Grade A exam. For Paper 1, you will be given a composite time of 60 minutes, whereas for Paper 2, you will have a composite time of 40 minutes to solve the paper.
Yes, the PFRDA Grade A 2022 Exam is bilingual (i.e, Hindi & English). You can choose your preferred language either Hindi or English, except in the English Language section.
The PFRDA Grade A 2022 exam will be conducted through online mode.
Major changes have been announced by PFRDA in its exam pattern for 2022. You will have to undergo three stages instead of two stages earlier.
No, the marks obtained in Phase 1 shall be used only for shortlisting candidates for Phase 2 and will not be counted for the final selection of the candidates. Phase 1/Prelims is qualifying in nature.
The final merit will be prepared on the basis of marks obtained in PFRDA Grade A Phase 2 and Interview.

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