Research (Economics and Statistics)
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
|Exam Name||PFRDA Officer Grade A Research (Economics and Statistics)|
|Exam Type||Central Level|
|Mode of Exam||Online|
|Number of Questions / Marks||Phase 1 (Two Stages)-
|Exam Duration||Two Stages-
|Online Examination and Payment of Fee||August 13, 2021 to September 16 ,2021|
|Number of Vacancy||2 (More Detail)|
|Official Notification PDF||Click Here|
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.
|Paper||Stream / Subject||Maximum Marks||Number of Questions||Time Duration|
All Stream: Multiple choice questions on the subjects
|English Language||25||20||60 minutes|
|Test of Reasoning||25||20|
|General Awareness (including some questions related to financial sector)||25||20|
|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.
|Paper||Stream / Subject||Maximum Marks||Number of Questions||Time 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|
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
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%.
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.
|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.
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.
|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.
|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 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.
|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|
|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|
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
|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|
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.
|Research (Economics)||Master’s Degree in Economics / Econometrics.|
|Research(Statistics)||Master’s Degree in Statistics.|
|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.
|Category||Age-Relaxation permissible beyond the upper age limit|
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.
|Stream||Number of Posts||Out of which PwBD*||Total Posts|
|SC||ST||OBC||EWS #||UR/ GEN|
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.
|PFRDA Grade A (Assistant Manager)||
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
Research (Economics and Statistics) Related Quick Links
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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.
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