Research (Economics and Statistics)


Highlights

PFRDA Grade A IT

Pension Fund Regulatory and Development Authority or PFRDA Assistant Manager recruitment is out. The PFRDA  Grade A 2021 has posts in various streams like General, Actuarial, Finance and Accounts, IT, Official Language (Rajbhasha) and Research (Economics) and Research (Statistics). There are 02 vacancies announced for Research (Economics) and Research (Statistics).

The online process has started from August 13, 2021 and ends on September 16, 2021. It is advised to fill the PFRDA Grade A application form as soon as possible to avoid any last-minute rush. The PFRDA exam dates are not yet announced for Research (Economics) and Research (Statistics). It will be intimated here on the website soon. Let’s look at the important highlights of the exam.

PFRDA Officer Grade A Research (Economics and Statistics) 2021 Exam Highlights

Conducting BodyPFRDA
Exam Name PFRDA Officer Grade A Research (Economics and Statistics)
Official Website www.pfrda.org.in
Exam Type Central Level
Mode of Exam Online
Phases Three Stages-
  • Phase 1- Online Screening Examination
  • Phase 2- Online Examination
  • Phase 3- Interview
Number of Questions / Marks Phase 1 (Two Stages)-
  • Paper 1 (All Streams) - 80 MCQ's / 100 Marks
  • Paper 2 (Research (Economics and Statistics) - 50 MCQ's / 100 Marks
Phase 2 (Two Stages)-
  • Paper 1 (All Stream) - 3 Descriptive questions
  • Paper 2 Research (Economics and Statistics) - 50 MCQ's / 100 Marks
Exam Duration Two Stages-
  • Phase 1 (All stream) - 60 Minutes
  • Phase 2 (All stream) - 40 Minutes
Online Examination and Payment of Fee August 13, 2021 to September 16 ,2021
Number of Vacancy 2 (More Detail)
Official Notification PDF Click Here

Exam Pattern

The PFRDA Grade A exam pattern comprises of 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 Phase 2 Exam Pattern

PFRDA Assistant Manager exam pattern for Phase 1 - Research (Economics) and Research (Statistics) will be a multiple-choice question-based exam. It consists of two papers - Paper 1 and Paper 2. It carries 100 marks. You have to secure separate cut-offs in each paper as well as overall cut-off marks in Phase 1.Please note that Phase 1/Prelims exam is qualifying in nature i.e. marks obtained in phase 1 will not be counted for the final selection of the candidates. Detailed PFRDA Grade A exam pattern 2021 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 Research (Economics and Statistics) Stream: Multiple choice questions on Specialised subject related to Research (Economics and Statistics). 100 50 40 minutes

PFRDA Grade A Phase 2 Exam Pattern

PFRDA Grade A Exam Pattern 2021 for Phase 2 will consist of two papers 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. You have to secure separate cut-offs in each paper as well as overall cut-off marks in PFRDA Grade A Phase 2. Further details on PFRDA Grade A exam pattern 2021 is 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 Research (Economics and Statistics) Stream: Multiple choice questions on Specialised subject related to Research (Economics and Statistics) stream. 100 50 40 minutes

Important Points

For every wrong answer, there is a penalty of 1/4th marks assigned to that question. The PFRDA Grade A exam 2021 will be bilingual in nature i.e. Hindi/ English except for the test for English Language and the Descriptive Test

Personal Interview

You will be shortlisted for PFRDA 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 marks obtained in Phase 2 Online Examination will be allotted a weightage of 85%, while the marks obtained in Phase 3 Interview will be allotted a weightage of 15%.

Syllabus

PFRDA Grade A syllabus for Phase 1-Paper 1 comprises English Language, Reasoning, General Awareness, and Quantitative Aptitude. The detailed PFRDA Grade A Paper 1 syllabus is listed below.

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

PFRDA Grade A (Assistant Manager) Paper 2 syllabus for Research (Economics) And Research (Statistics) is different. You can check the detailed PFRDA Assistant Manager Syllabus for Paper 2 in the table below.

SectionTopics
Economics
  • Demand and Supply , Market Structures , National Income: Concepts and Measurement,Classical & Keynesian Approach Determination of output and employment , Consumption Function , Investment Function , Multiplier and Accelerator , Demand and Supply for Money , IS LM , Inflation and Phillips Curve,Business Cycles
  • Balance of Payments, Foreign Exchange Markets , Inflation, Monetary and Fiscal Policy , Non-banking Financial Institutions

Phase 2 Syllabus - Paper 1

Paper 1 of Phase 2 is descriptive English Language (common for both Economics and Statistics). The detailed PFRDA Grade A Exam syllabus for Phase 2- Paper 1 for research is given below.

SectionTopics
English Writing Skills Writing , Essay Writing , Comprehension

Phase 2 Syllabus - Paper 2

The detailed PFRDA Grade A syllabus 2021 for Phase 2- Paper 2 for Research (Economics) and Research (Statistics) is provided in the table below.

SectionTopics
Economics Demand and Supply, Market Structures, National Income, Determination of output and employment, Investment Function, Multiplier and Accelerator, Demand and Supply for Money, IS – LM, Inflation and Phillips Curve, Business Cycles, Inflation, Monetary and Fiscal Policy, Banking Functions, Public Goods, Tax & Non-Tax Revenue, Direct & Indirect Taxes, Fiscal Balance, Public Debt, Public Budget and Foreign Trade and Balance of Payments.
Statistics and Econometrics Measures of Central tendency & dispersions, Correlation, Sampling methods, Sampling Distribution, Statistical Inferences, Hypothesis testing, Regression Analysis, Panel Data Analysis, Time Series Properties and Analysis.
Financial Institutions and Markets Asymmetric Information, Market Model, Market Efficiency, Money, Credit and Capital Markets, Primary Market, Secondary Market, Commodity Markets, Mutual Funds, Stock Exchanges, Credit Rating Agencies, Pension And Insurance Markets, Foreign Exchange Markets, Role of International Financial Institutions, IS, IMF & World Bank.
Statistics 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.

Books

Books make or break any preparation. To assist you with the preparation, some important PFRDA Grade A books are mentioned below which can be useful in your exam preparation.

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 & Practise of Management LM Prasad / Sultan Chand & Sons
Organisational Behaviour SP Robins
Principles of Management Harold Kootz & Cyril J.O’Donnell / McGraw Hills
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
BeePedia ixamBee
English Descriptive Descriptive English S.P. BAKSHI
151 Essays S.C Gupta
Letter writing S.C Gupta
Indian Economic Since Independence Uma Kapila Academic Foundation
Business Law Including Company Law SS Gulshan New Age International Publishers

Exam Calendar

PFRDA Grade A official notification 2021 has been announced by the Pension Fund Regulatory and Development Authority. The application process ends on September 16, 2021. The PFRDA Grade A exam dates 2021 along with the pre-examination training for the reserved categories, will be announced in the due course. For further details on PFRDA  Grade A Exam calendar 2021, refer to the table below.

PFRDA Officer Grade A (Assistant Manager) Exam Dates 2021

EventsExam Dates
PFRDA Officer Grade A Online Application and Payment of fee August 13, 2021 to September 16, 2021
PFRDA Officer Grade A Availability of Call Letters To be notified later
PFRDA Officer Grade A Online Examination (Phase I) To be notified later
PFRDA Officer Grade A Online Examination (Phase II) To be notified later
PFRDA Officer Grade A result Declared date To be notified later
PFRDA Officer Grade A Interview (Phase III) To be notified later

Eligibility

In order to be eligible for the PFRDA Grade A exam, you must satisfy the PFRDA Grade A eliginility criteria and the PFRDA Grade A age criteria. You must possess a Masters degree in the respective streams in order to apply for the exam. There are no minimum percentile criteria for the PFRDA exam. Also, you must not exceed the age limit of 30 years. This varies for the candidates belonging to reserve categories.

Educational Criteria

StreamEducational Criteria
Research (Economics) Master’s Degree in Economics / Econometrics.
Research(Statistics) Master’s Degree in Statistics.

Age Criteria

PostAge Criteria
PFRDA Officer Grade A (Assistant Manager) Maximum Age - 30 years as on July 31, 2021 i.e., candidate must have been born on or after August 01,1991.

The PFRDA Grade A notification also state the PFRDA Grade A age relaxation for the reserved categories and PwBD candidates.

CategoryAge-Relaxation permissible beyond the upper age limit
SC/ST 5 years
OBC 3 years
PwBD
  • PwBD - 10 years
  • PwBD (OBC) - 13 years
  • PwBD (SC/ST) - 15 years
Ex-servicemen 5 years

Vacancy

There are a total of 02 PFRDA Grade A vacancies for the Research (Economics) and Research (Statistics) stream. No vacancy has been announced for reserved categories in research steam this year. To know detailed PFRDA Grade A vacancies in Research (Economics) and Research (Statistics) stream, check out the table below.

StreamNumber of PostsOut of which PwBD*Total Posts
SCSTOBCEWS #UR/ GEN
Research(Economics) - - - - 01 - 01
Research(Statistics) - - - - 01 - 01

Salary

You will receive a CTC of Rs 18 lacs per annum approximately. The PFRDA Grade A salary pay scale is Rs. 28150-1550(4)-34350-1750(7)-46600- EB1750(4)-53600- 2000(1)-55600 (17 years). Besides this, various allowances such as Leave Fare Concession, Medical Expenses (Hospitalisation and Non-Hospitalisation), Personal Accident Insurance, Eye Refraction/ Cost of Spectacles, Education Allowance, Financial Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning Allowance, Staff Furnishing Scheme and Scheme for Purchasing Computers will also be provided to a PFRDA Grade A officer. Also, you will be on probation for one year from the date of your joining. Other than all this, a qualification pay will also be paid to you as per your qualification. As per the official notification, you will be paid rupees 3500 in case you have completed a PhD in Economics or Statistics.

PostSalary
PFRDA Grade A (Assistant Manager)
  • Pay Scale- Rs. 28150-1550(4)-34350-1750(7)-46600- EB1750(4)-53600- 2000(1)-55600 (17 years)
  • Annual Income - 18 lacs per annum approximately

Online Course

ixamBee has launched a comprehensive and well-curated PFRDA Grade ‘A’ Online Course that has all the essential components needed to ace the exam. Some features of the Online Course have been provided below.

  • Video Lessons covering the entire Syllabus for all Papers of PFRDA Grade A Phase 1
  • 10 Full-length Mock Tests for PFRDA Grade A Phase 1, adhering to PFRDA Grade A exam pattern
  • Practice questions apart from mock tests covering all the new subjects/topics
  • Daily Live Online Classes for doubt clarification with the subject experts
  • PFRDA Phase 3 (Group Discussion and Interview) guidance

More details on PFRDA Online course

Frequently Asked Questions

Q1:  

How many vacancies are announced for the PFRDA Grade A Research exam?

A:  

There are a total of 02 vacancies announced for research streams (Economics and Statistics).

Q2:  

How many attempts can be given in the PFRDA Grade A Exam?

A:  

There is no restriction on the number of attempts in the PFRDA Grade A 2021 Exam.

Q3:  

What is the CTC salary of the PFRDA Grade A Research officer?

A:  

You will be paid a handsome salary that will amount to a total gross emolument of 18 lacs per annum approximately. The pay scale is 28150-1550(4)-34350-1750(7)-46600- EB1750(4)-53600- 2000(1)-55600 (17 years).

Q4:  

In PFRDA Grade A 2021 Exam, can I choose Hindi as the exam language?

A:  

Yes, the PFRDA Grade A 2021 Exam is bilingual (i.e, Hindi & English). You can choose your preferred language either Hindi or English, except in the English Language section.

Q5:  

I have 55% marks in my Graduation, am I eligible?

A:  

Yes, in order to apply for the PFRDA Assistant Manager exam, you must possess a bachelor’s/Master's degree. There are no minimum percentile criteria.

Q6:  

In how many phases will the PFRDA Grade A Exam be conducted?

A:  

The PFRDA Grade A Exam will be conducted in three phases- Phase 1, Phase 2 followed by an interview.



Search