PFRDA Grade A Finance And Accounts Assistant Manager

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

PFRDA Grade A Finance and Accounts2022 Highlights

 pfrda Exam 2022

PFRDA Grade A recruitment 2022 for the post of Assistant Manager is out. The PFRDA Grade A 2022 notification consists of various streams like General, Legal, Finance and Accounts, IT, Official Language (Rajbhasha) and Research (Economics). There are 02 vacancies announced for Finance and Accounts stream. The PFRDA Grade A online application process began on September 15, 2022 and ended on October 7, 2022. 

PFRDA Grade A Final Result 2022

The PFRDA Grade A Final Result 2023 has been announced by the PFRDA for the General and Specialist Streams to recruit Officer Grade 'A' (Assistant Managers) on May 03, 2023. These PFRDA Grade A 2023 results list the roll numbers of successful candidates who have cleared the Interview (Phase 3).

We wish all successful candidates the very best as they step into this new phase in their lives!

PFRDA Grade A Finance Exam Pattern

The PFRDA Grade A exam pattern comprises the following three phases.

  • Phase 1
  • Phase 2
  • Phase 3

PFRDA Grade A Phase 1 Exam Pattern

PFRDA Grade A exam pattern for Finance and Accounts Phase 1 will be a multiple-choice online exam. It consists of two papers - Paper 1 and Paper 2. PFRDA Grade A exam pattern for Finance Phase 1- Paper 1 consists of four sections and is common for all streams. Phase 1- Paper 2 will have questions related to the respective stream you have applied for. Detailed PFRDA Grade A exam pattern 2022 for Phase 1 - Paper 2 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  
Finance & Accounts Stream: Multiple choice questions on Specialised subject related to stream. 100 50 40 minutes  

Phase 1 will be qualifying in nature and the marks scored by you will not be taken into account for preparing the final merit list. You will attract a penalty of 1/4th of marks for each wrong answer you attempt.

PFRDA Grade A Phase 2- Exam Pattern

PFRDA Grade A mains exam pattern or Phase 2 again consists of two papers Paper 1 and Paper 2. Paper 1 is Descriptive English and is common for all streams while Paper 2 is subject-related. PFRDA Assistant Manager exam pattern for Finance Phase 2 - Paper 2 is a multiple-choice question. You have to secure separate cut-offs in each paper as well as overall cut-off marks in PFRDA Grade A Phase 2 to get into the next stage. Further details on PFRDA Grade A Finance and Accounts exam pattern 2022 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 Finance & Accounts Stream: Multiple choice questions on Specialised subject related to stream. 100 50 40 minutes

Interview

You will be shortlisted for PFRDA Grade A 2022 Phase 3 i.e Interview based on your performance in the Phase 2 exam. The interview can be given in Hindi or English at your convenience. The Phase 2 Online marks hold a weightage of 85%, while Interview has a weightage of 15%.

PFRDA Grade A Finance and Accounts Syllabus 2022 

To make your work easier and faster we are providing you with the complete PFRDA Grade A syllabus for Finance Stream. The PFRDA Grade A syllabus 2022 for Finance is mentioned below in detail.

Phase 1 - Paper 1 Syllabus

PFRDA Grade A syllabus for Finance stream Phase 1-Paper 1 comprises English Language, Reasoning, General Awareness, and Quantitative Aptitude. The detailed PFRDA Grade A exam syllabus for Finance Phase 1- Paper 1 can be get from the syllabus dedicated page.

SectionTopics
English Language Anonyms, Homonyms, Antonyms, Spelling, Word formation, Idioms and phrases, Fill in the suitable words, Grammar, Spotting errors, Sentence correction, Active/ passive voice, Phrases and idioms, Direct and indirect speech, Reading Comprehension, Passage completion, Theme detection, Deriving conclusion, Rearrangement of passage
Quantitative Aptitude Simplification and approximation, Number Series, Quadratic Equation, Number System / HCF & LCM, Ratio and Proportion, Average, Partnership, Ages, Percentage, Profit & Loss, Time, Speed & Distance, Problems on Trains, Boat and Stream, Time & Work / Pipes and Cisterns, Simple and Compound Interest, Mixture & Allegations, Permutation and Combination, Probability, Data Interpretation (DI), Caselet DI and Data Sufficiency
Reasoning Analogy, Classification, Word formation, Statement and conclusions, Syllogism, Statement and assumptions, Statement and arguments, Coding decoding, Blood relations, Passage and conclusions, Alphabet test, Series test, Number, ranking and time sequence, Direction sense test, Decision-making test, Figure series, Input/output, Assertion and reasoning, Sitting arrangement, Odd figure out, Analogy, Series test, Miscellaneous test
General Awareness Monetary Policies, Banking and Financial Awareness, Economic Terms, Current Affairs, Static GK, Financial and Economic News, Government Schemes. Agreement & Deals, Banking Terms- rates & processes, National Institutions

Phase 1- Paper 2 Syllabus

PFRDA Grade A 2022 syllabus for Finance stream Phase 1- Paper 2 consists of multiple choice questions from Finance related domains. The detailed syllabus is mentioned below.

Phase 2 - Paper 1 Syllabus

PFRDA Grade A 2022 syllabus for Finance stream Phase 2- Paper 2 consists of various types of letter format and easy writing skills. Details can be inferred from PFRDA Grade A exam syllabus page.

SectionTopics
English Writing Skills Precis Writing , Essay Writing , Comprehension

Phase 2 - Paper 2 Syllabus

The PFRDA Assistant Manager syllabus for Finance stream Phase 2- Paper 2 is again a multiple choice question paper just like Phase 1- Paper 2. The difference lies in the question of difficulty level.

SectionTopics
The Basic Financial Statement
  • Trial Balance
  • Balance Sheet,Cash Flow Statement,Income Statement
  • Analysis of Financial Statement Ratio,Break Even Analysis,IND AS,Standard on Auditing
  • Cost accounting concepts (basics)
  • Marginal costing,Cost volume profit analysis,Cost sheet,Forecasting
  • Managment accounting
  • Cost of capital,Capital structure,Capital budgeting,Sources of finance,Corporate accounting
  • Business Law
  • Negotiable instruments,Contract act,Partnership act,Company law (Go through all these laws with amendments)
  • Income Tax Act,GST,Knowledge of IT and Digital Transaction,Compliance of KYC Norms,Financial System : Role and Functions of Regulatory bodies in Financial Sector,Financial Markets: Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments.
  • General Topics
  • Basics of Derivatives: Forward, Futures and Swap,Recent Developments in the Financial Sector,Financial Inclusion- use of technology,Alternate source of finance, private and social cost-benefit, Public-Private Partnership,Direct and Indirect taxes; Non-tax sources of Revenue, Finance Commission, Fiscal Policy, Fiscal ,Responsibility and Budget Management Act (FRBM),Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends,Economics: Capital market, Money market, Micro and macro economics concepts and Updates related to money market and RBI policies

PFRDA Grade A Finance and Accounts Important Books

Books make or break your exam preparation. To assist you with the PFRDA Grade A exam 2022 preparation, some important PFRDA Grade A 2022 books are mentioned below.

PaperBooksAuthor/Publisher
Securities Markets Capital Markets & Securities Laws N.S.Zad
Economic and Social Issues Indian Economy Uma Kapila or Mishra Puri
Indian Economy Ramesh Singh
Sociology CN Shankar Rao
Finance & Management Financial Management Prasanna Chandra or IM Pandey
Indian Financial System Bharti Pathak
Principles of Management LN Prasad
Organisational Behaviour SP Robins
Quantitative Aptitude Quicker Mathematics BSC Publications
Quantitative Aptitude RS Agarwal
Class Notes SS Bharti
Reasoning Ability A modern approach to verbal & Non-verbal reasoning R.S. Agarwal
Verbal & Non-Verbal Reasoning S.Chand
Verbal & Non-Verbal Reasoning Arihant Publication
English Language English Grammar Wren & Martin
Word power made easy Norman Lewis
Descriptive General English SP Bakshi
General Awareness Lucent GK Knowledge Lucent Publication
English Descriptive Descriptive English S.P. BAKSHI
151 Essays S.C Gupta
Letter writing S.C Gupta
Computer Awareness Objective Computer Awareness S.N. Prasad/Kiran Publication
Objective Computer Awareness for General Competitive Exams Pillai/Arihant Publication

PFRDA Grade A Finance and Accounts Exam Calendar

PFRDA Grade A exam notification contains all the important information like application link, exam dates, admit card, and other details. The PFRDA Grade A Phase 2 exam was held on December 19, 2022. Also if you belong to a reserved category, you can avail of pre-examination training.

For further details on PFRDA Grade A exam schedule 2022, refer to the table below.

PFRDA Officer Grade A (Assistant Manager) Important Exam Dates 2022

EventsImportant Exam Dates
Online Registration and Payment of Online
Fees/Intimation Charges 2022
September 15, 2022 to October 07, 2022
Phase 1 Online Exam Dates 2022 November 05, 2022
PFRDA Grade A Phase 1 Online Exam Result 2022 Click Here
Phase 2 Online Examination 2022 December 04, 2022
Phase 2 Online Exam Result 2022 (Candidates with roll numbers have qualified in the Phase 2) [Click Here]
Phase 3 Interview Dates 2022 January 30, 2023 to February 14, 2023 (Tentative)
PFRDA Grade A Final Result Click Here

PFRDA Grade A Finance Eligibility

In order to be eligible for the PFRDA exam, you must satisfy the PFRDA Grade A eligibility criteria. You must possess a Graduate degree in the respective stream in order to apply for the exam. There are no minimum percentile criteria. Further details on the PFRDA Grade A qualification can be inferred from the table below.

StreamEducational Criteria
Finance and Accounts
  • Graduation from a recognized university Associate Chartered Accountant (ACA) or Fellow Chartered Accountant (FCA) from ICAI (Institute of Chartered Accountants of India).
  • Associate Cost and Management Accountant (ACMA) [while Associate of Institute of Cost & Works Accountant of India (AICWA)] or Fellow Cost and Management Accountant (FCMA) [ erstwhile Fellow of Institute of Cost & Works Accountant of India (FICWA)] from Institute of Cost Accountants of India (ICMAI) [while Institute of Cost & Works.
  • Accountants of India (ICWAI)] / Associate Company Secretary (ACS) or Fellow Company Secretary (FCS) from Institute of Company Secretaries of India (ICSI) / Chartered Financial Analyst (CFA) from CFA Institute.

You need to lie within the prescribed PFRDA Grade A 2022 age limit. The PFRDA Grade A notification also states the PFRDA Grade A 2022 age relaxation for the reserved categories and PwBD candidates.

PFRDA Grade A Finance Vacancy 2022

There are a total of 02 PFRDA Grade A vacancies for the Finance and Account stream. This time, both vacancies have been released within the unreserved category only. To know detailed PFRDA Grade A vacancies in Finance stream, check the table below.

StreamNumber of PostsOut of which PwBDTotal Posts
SCSTOBCEWS UR/ GEN
Finance & Accounts - - - - 02 - 02

PFRDA Grade A Salary 2022

The PFRDA Grade A salary pay scale is Rs.44500-2500(4)-54500-2850(7)-74450-EB-2850(4)- 85850-3300(1)-89150 (17 years). Besides this, various allowances such as Leave Fare Concession, Medical Expenses, Personal Accident Insurance, Education Allowance, Staff Furnishing Scheme and other benefits are given. The current CTC of PFRDA Grade A Officer at present is approximately Rs 18 lacs per annum. You will be on probation for one year from the date of your joining.

PostSalary
PFRDA Grade A (Assistant Manager)
  • Pay Scale- Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)- 85850-3300(1)-89150 (17 years).
  • Monthly Income - Rs. 1,40,000/- per month approximately

Besides this, a qualification allowance will be paid to you as per your qualification. As per the official notification, you will be eligible for Rs 3500 per month in case you have completed ACA / ACMA (erstwhile AICWA) / ACS/ CFA.

PFRDA Grade A Finance Online Course

It is now time to take to your books and begin your PFRDA Grade A exam preparation immediately. To aid you in this effort, ixamBee provides the PFRDA Grade A (Finance) Online Course with the best study materials available today. Our exam-centric approach along with years of experience helps us give all aspirants the exam preparation materials they need.

PFRDA Assistant Manager Grade A Phase I Paper 1 - Free Mock Tests

PFRDA Grade A (Assistant Manager) 2022 Phase I Paper 1 Mock Test 5

PFRDA Grade A (Assistant Manager) 2022 Phase I Paper 1 Mock Test 5

  • 60 Minutes
  • 80 Questions
  • 100 Marks
PFRDA Grade A (Assistant Manager) 2022 Phase I Paper 1 Mock Test 4

PFRDA Grade A (Assistant Manager) 2022 Phase I Paper 1 Mock Test 4

  • 60 Minutes
  • 80 Questions
  • 100 Marks
PFRDA Grade A (Assistant Manager) 2022 Phase I Paper 1 Mock Test 3

PFRDA Grade A (Assistant Manager) 2022 Phase I Paper 1 Mock Test 3

  • 60 Minutes
  • 80 Questions
  • 100 Marks
PFRDA Grade A (Assistant Manager) 2022 Phase I Paper 1 Mock Test 2

PFRDA Grade A (Assistant Manager) 2022 Phase I Paper 1 Mock Test 2

  • 60 Minutes
  • 80 Questions
  • 100 Marks

PFRDA Assistant Manager Grade A Phase I Paper 1 - Previous Year Question Paper

PFRDA Grade A 2022 Phase 1 Paper 1 Previous Year Paper

PFRDA Grade A 2022 Phase 1 Paper 1 Previous Year Paper

  • 60 Minutes
  • 80 Questions
  • 100 Marks
PFRDA Grade A 2021 Phase 1 Paper 1 Previous Year Paper

PFRDA Grade A 2021 Phase 1 Paper 1 Previous Year Paper

  • 60 Minutes
  • 80 Questions
  • 100 Marks
PFRDA Assistant Manager Grade A 2020 Previous Year Paper

PFRDA Assistant Manager Grade A 2020 Previous Year Paper

  • 150 Minutes
  • 190 Questions
  • 200 Marks
PFRDA Assistant Manager Grade A 2017 Previous Year Paper Phase 1

PFRDA Assistant Manager Grade A 2017 Previous Year Paper Phase 1

  • 120 Minutes
  • 200 Questions
  • 200 Marks

FAQs

There is no restriction on the number of attempts in the PFRDA Grade A 2022 Exam.
Yes, PFRDA will provide free of cost training to such candidates at New Delhi. You need to apply by email at recruitment.hr@pfrda.org.in in the format as mentioned by PFRDA along with a scanned copy of the Caste/ Income and Asset/ Disability certificate.
No, appointed as a Grade A Finance Officer in PFRDA your pay scale and other allowances will be the same as that of other streams.

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