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    SEBI Grade A Research Officer Recruitment 2025

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    SEBI Grade A Research Officer Recruitment 2025

    SEBI (Securities and Exchange Board of India) has recently concluded the recruitment cycle for the current year with the conclusion of the Phase 2 exams. Those candidates who have cleared Phase 2 will be called for their final interview. On the other hand, those aspirants who were unable to take part in this year's recruitment drive would be eagerly anticipating the 2025 recruitment drive. Once SEBI  announces the release of the 2025 notification for the highly anticipated SEBI Grade A examination, for various disciplines including research stream, aspirants can prepare more strategically for the exam. The notification  for the recently concluded recruitment drive revealed a total of 2 vacancies available under this particular stream, making it a highly competitive opportunity for aspiring candidates. Aspirants for the post of the SEBI Grade A Research officer post need to apply to the post online as per the deadline which will be mentioned in the notification when the application window opens. A research officer in the SEBI Grade A level is seen as a prestigious position in the finance and securities field. In this role, new employees get the chance to deeply analyze data, study market trends, and offer important insights to help the regulatory body make informed decisions. 

    SEBI Grade A (Research) Highlights 2025

    Conducting AuthoritySecurities and Exchange Board of India
    Official Website www.sebi.gov.in
    Name of the Posts Research
    Mode of application Online
    Stages of Exam Three Stages-
    • Phase 1- Online screening examination consisting of two papers of 100 marks each
    • Phase 2- Online examination consisting of two papers of 100 marks each
    • Phase 3- Personal Interview
    Maximum marks & Time duration
    • Phase 1-
      • Paper 1- 100 marks, 60 minutes
      • Paper 2 - 100 marks, 40 minutes
    • Phase 2-
    • Paper 1 (Descriptive)- 100 marks, 60 minutes
    • Paper 2 - 100 marks  
    • Phase 3 (Interview)- Weightage for Phase 2 is 85% and that for Interview is 15%
    SEBI Grade A 2025 Notification Release To be notified later
    SEBI Grade A Online registration including Editing / Modification of Application by Candidates 2025 To be notified later
    SEBI Grade A Phase 1 Online Examination and Paper 1 of Phase 2 Examination Date 2025 To be notified later
    SEBI Grade A Paper 2 of Phase 2 Examination Date 2025 To be notified later
    SEBI Grade A Phase 3 Interview Date 2025 To be notified later
    SEBI Recruitment of Officers Grade A Assistant Manager 2024 List of Selected Candidates [PDF]
    Number of Vacancies 2024 2
    Click Here to download SEBI Grade A Official Notification 2024 PDF

    The detailed SEBI Grade A Notification for 2025 will be released when the recruitment drive for the upcoming year opens.This means that aspirants need to  begin preparing for the highly anticipated exam. Before applying for the SEBI Grade A Officer position in the Research stream, it's  always important to thoroughly read the notification details. This includes the SEBI Grade A application dates, exam dates, eligibility criteria, vacancies, and other key information. This way, you won't miss any updates that could result in your application being cancelled. 

    SEBI Grade A (Assistant Manager) 2024 - Results of Phase 2

    SEBI Grade A Recruitment Exercise 2024 - Results of Phase 2 online exam held on August 31, 2024 for General Stream, Legal Stream, Research Stream, Official Language Stream and Engineering (Electrical) Stream

    StreamPDF
    General PDF
    Legal Stream PDF
    Research Stream PDF
    Official Language Stream PDF
    Engineering (Electrical) Stream PDF

    SEBI Grade A Research Eligibility Criteria 2025

    The SEBI Grade A Research Eligibility Criteria lists out the eligibility requirements set forth by the Securities and Exchange Board of India (SEBI) for candidates who wish to apply for the Grade A Research Officer position. As a Research Officer, you'll be conducting research on markets, products, and regulations in the securities market if you take this position. To apply, you need to meet specific criteria like education, work experience, and age limits. 

    SEBI Grade A is among the most preferred jobs for young college pass-out aspirants. If you plan to prepare for the SEBI Grade A Research exam, you should ensure you possess all the required qualifications. Come let's check out the complete SEBI Grade A Research Analyst eligibility criteria below. 

    SEBI Grade A Research Educational Qualification

    The SEBI Grade A Research Officer exam 2025 notificationhas not been announced, but even then it's time to start preparing up for this incredible opportunity. To be eligible for the SEBI Research Officer position, the essential requirement is holding a Master’s Degree in the respective domain as mentioned below. The educational qualifications that have been posted in the notification is a requirement which makes sure that only those aspirants who have this level of expertise and knowledge can carry out the responsibilities associated with the Research Officer position in SEBI. 

    StreamEducational Criteria
    Research Master’s Degree in Statistics / Economics / Commerce / Business Administration (Finance) / Econometrics from a recognized University / Institute;

    SEBI Grade A Research Age Criteria 2025

    In order to apply for the SEBI Research stream, you should be within the prescribed SEBI Grade A age limit. As per SEBI, the maximum age to apply for the SEBI Grade A exam is 30 years as per the age deadline that will be mentioned in the notification. Further details are mentioned below. 

    Name of the PostAge Criteria
    Research (Grade A) A candidate must not have exceeded the age of 30 years 

    SEBI also provides a relaxation in the upper age limit to the candidates belonging to the reserved categories. This age relaxation is different for different categories. If you claim age relaxation, you need to produce the supporting documents that prove this when required. 

    SEBI Grade A Research Vacancy 2025

    The SEBI Grade A Research Officer vacancies will be divided among various categories. You will be eligible for relaxation depending upon the category you belong to. As the vacancy is less this time around, the level of the exam is expected to be tough. SEBI had announced 2 Grade A Research vacancies in the recently concluded recruitment drie. The vacancy presents a prestigious opportunity for candidates who want to excel in the field of Research and Analysis and showcase their skills and expertise. 

    Streamvacancy
    Research 02

     The Grade A Research position is highly desired because it involves working on important projects and helping SEBI uphold fairness and transparency in the securities market. If you get one of these positions, you'll get to dive deep into research, analyze market trends, and make big contributions to the financial sector. 

    SEBI Grade A Research Exam Pattern 2025

    The SEBI Grade A selection process for the Research Stream consists of online multiple-choice question papers divided into stages - Phase 1 and Phase 2, respectively, followed by an Interview. Further details on the SEBI Grade A Research Exam Pattern & Syllabus for the Research stream is given below.

    LevelExamination
    Phase 1 Online screening examination consisting of two papers of 100 marks each
    Phase 2 Online examination consisting of two papers of 100 marks each
    Phase 3 Interview

    There will be a negative marking of 1/4th of the marks assigned to the question for both stages.

    Phase 1 Exam Pattern

    The SEBI Research Stream exam pattern for Phase 1 consists of two papers of 100 marks each. Paper 1 of Phase 1 will be common for all and consist of various sections like General Awareness, English Language, Quantitative Aptitude and Test of Reasoning. Paper 2 of Phase 1 will be an MCQ-based paper on the Research stream. Further details on the SEBI Grade A Research exam pattern are given below.

    PaperStream / SubjectNo. of Questions*Maximum MarksDuration(minutes)Cut Off(%)

    Paper 1

    General Awareness  (including Financial Sector) 

    20 

    25 

    Composite time of 60  

    No sectional cut-off  General cut off 30% subject to aggregate cut-off of 40% for phase 1

    Reasoning 

    20 

    25 
    Quantitative Aptitude 

    20 

    25 

    English Language 

    20 

    25 

    Total 

    80 

    100 
    Paper 2 Research 50 100 40 General cut off 40% subject to aggregate cut- off of 40% for phase 1
    *Number of Quaetion per subject may change

    There will be a minimum cut-off of 30% for Paper 1 (no sectional cutoff) and 40% for Paper 2 in Phase 1. The paper will be available in both English and Hindi except for the test of English. You need to secure this cutoff as mentioned above, besides an aggregate cut-off mark of 40% in Phase 1 to be shortlisted for SEBI Grade A Phase 2.

    Phase 2 Exam Pattern

    Phase 2 of the SEBI Grade A Research Stream consists of two papers carrying 100 marks each. Paper 1 will be of Descriptive English and common for all, while Paper 2 consists of questions in your respective domain i.e., Research Stream. Details on the SEBI Grade A exam pattern are given below.

    PaperStream / SubjectNo. of QuestionsMaximum MarksDuration(minutes)Weightage
    Paper 1 All streams: English (Descriptive Test) to test the drafting skills 3 100 60 1/3rd weightage in the total of Phase II Min. 30% marks required
    Paper 2 Research Not specified as of now Descriptive exam to test practical in depth knowledge and drafting skills in economics, financial markets and statistics. Computer based (answers to be typed) ; 100 120 2/3rd weightage in the total of Phase II Min. 40% marks required

    There is a minimum cut-off of 30% for Paper 1 and 40% for Paper 2 in Phase 2. You need to secure a separate cut-off in each paper besides the aggregate cut-off marks of 50% in Phase 2, which includes a weightage of 1/3rd for Paper 1 and 2/3rd for Paper 2, to get shortlisted for SEBI Grade A Research Interview. The paper will be available in both English and Hindi except for the test of English Language.

    Interview

    If you clear Phase 2 of the SEBI Grade A Research exam, you will be called for the Interview. This is the last stage of the SEBI Grade A selection process. You have the option to choose either Hindi or English as the medium of language for the Interview. The final merit for the SEBI Research Officer will be based on marks scored in Phase 2 and Phase 3. Phase 2 will hold a weightage of 85% while the Interview has a weightage of 15%. 

    SEBI Grade A Research Syllabus

    Knowing the SEBI Grade A Research Stream syllabus will help you plan your preparation in advance. Getting a hold of the syllabus will help you devise your study plan and work in the right direction. Before you actually start your preparation for the SEBI Grade A exam, make sure that you are well aware of what you need to study in each subject.

    Phase 1 Syllabus- Paper 1

    Phase 1 of the SEBI Grade A Research Stream consists of two papers. Paper 1 will be common for all streams and is a multiple-choice paper. Detailed SEBI Grade A syllabus for Paper 1 for all the sections that it includes is mentioned below.

    SectionTopics
    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
    English Grammar, Vocabulary, Reading Comprehension, Passage Making, Error Spotting, Jumble Words, Sentence Framing, Fill in the blanks
    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, BeePedia
    Reasoning Puzzles, Seating Arrangement- Circular, Square & Linear, Data Sufficiency, Directions and Distance, Coding Decoding, Blood relations, Inequality, Syllogism, Machine input and output, Verbal Reasoning, Ordering and Ranking, Arrangement and Pattern, Scheduling, Distance and Direction, Ranking

    Phase 1 and 2 Syllabus- Paper 2

    Paper 2 for both Phases of the SEBI Grade A exam has the same syllabus. It will consist of multiple-choice questions from your specialized stream, i.e., Research. The only difference will be in the difficulty level of questions that will be asked in Paper 2 of both Phases of the SEBI Grade A Research exam. Detailed SEBI Grade A Research Stream syllabus for Paper 2 (Phase 1 + Phase2) is given below.

    Research Stream
    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, Non-banking Financial Institutions
    Public Economics: Public Goods, Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and nonProgressive Taxation, Incidence and Effects of Taxation, Public expenditure , Public Debt, Public Budget and Budget Multiplier.
    Statistics and Econometrics: Measures of Central tendency & dispersions, Correlation, Sampling methods, Sampling Distribution, Statistical Inferences, Hypothesis testing, Regression Analysis
    International Economics: Balance of Payments, Foreign Exchange Markets, Role of International Financial Institutions: BIS, IOSCO, IMF & World Bank.
    Financial Markets: Asymmetric Information, Market Model, Market Efficiency, Primary Market, Secondary Market, Commodity Markets, Mutual Funds, Stock Exchanges, Depositories, Clearing Corporations, Credit Rating Agencies, Corporate Debt Market. Forwards, Futures, Options, Hedging, Speculation and Arbitrage.

    Phase 2 Syllabus- Paper 1

    Paper 1 of the SEBI Grade A exam Phase 2 for the Research stream is a Descriptive English Paper of 100 marks. This paper will test your ‘drafting’ skills and is common for all streams. SEBI Grade A Paper 1 of Phase 2 includes essay writing and letter writing. The complete SEBI Grade A syllabus for Paper 1 (Phase 2) is given below.

    English Writing Skills
    Precis Writing Comprehension
    Essay Writing  

    SEBI Grade A Research Books

    Once you are aware of all the complete SEBI Grade A Research Stream syllabus, the next step is to get a hold of the resources that will help you to prepare for the SEBI exam. Make sure that you manage to gather the best books available for the SEBI Grade A Research exam. Refer to the table below for a detailed list of SEBI Grade A Research exam books. Also, for General Awareness, you can utilize ixamBee's current affairs capsules, BeePedia, to cover all current issues in one place.

    BooksAuthor/Publisher
    Economics Relevant chapters from Micoreconomics by HL Ahuja and Macroeconomics from H L Ahuja, Indian economy by Uma Kapila
    Public Economics Public Finance in Theory and Practice | 5th Edition by Richard Musgrave and Peggy Musgrave, Economic Survey, Union Budget, Finance commission report 
    Econometrics Gujarati
    Statistics SC Gupta
    International Economics  Trade and Finance, by Dominick Salvatore
    Financial Markets Indian financial system by Khan or by Bharati Pathak, refer to latest news from SEBI and RBI circulars too

    SEBI Grade A Research Exam Dates

    With the end of the SEBI Grade A recruitment drive for the current year, aspirants can now begin preparing for the recruitment opportunity for 2025 The notification for the exam will be released when the recruitment drive is open and the application window will remain open as per the deadline set in the notification. This means that aspirants have to apply for the exam without delay. It's a great chance to join SEBI and help keep the securities market fair and transparent. You can apply online as per the deadline that will be set in the recruitment notification. In most cases, the notification will also mention the tentative SEBI Grade A exam dates so that you can begin your preparation accordinglyAspirants can begin preparing for the exam and wait for other information related to the exam like the release of the SEBI Grade A Admit Card and other details about the exam. It's a fantastic opportunity to start a rewarding career with SEBI Grade A Research.

    SEBI Grade A (Research) Exam Dates

    ActivityImaportant Dates
    SEBI Grade A 2025 Notification Release To be notified later
    SEBI Grade A Online registration including Editing / Modification of Application by Candidates 2025 To be notified later
    SEBI Grade A Phase 1 Online Examination and Paper 1 of Phase 2 Examination Date 2025 To be notified later
    SEBI Grade A Paper 2 of Phase 2 Examination Date 2025 To be notified later
    SEBI Grade A Phase 3 Interview Date 2025 To be notified later
    SEBI Recruitment of Officers Grade A Assistant Manager 2024 List of Selected Candidates [PDF]

    SEBI Grade A Research Salary

    SEBI is a rather prominent organization that pays its Grade A Officers quite well. Besides a good salary, they also get benefits like travel allowances, medical coverage, eye check-ups, education allowance, financial newspapers, etc. In metro cities like Mumbai, the gross income would be around ₹1,55,000//- without accommodation and ₹1,16,000/- with accommodation. Check out the complete SEBI Grade A salary for the Research Stream from below.

    PostSalary
    Grade A Officer (Assistant Manager)
    • Pay Scale - Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850—3300(1)-89150 (17 years)
    • Salary - Rs. 1,55,000 per month (Approx.)
    • Benefits - Special Pay, Special Functional Pay, Dearness Allowance, Local Allowance, City Compensatory Allowance, Family Allowance, Special Compensatory Allowance, Grade Allowance, Learning Allowance, Personal Fixed Allowance

    SEBI Grade A Research Allowance

    Research (Grade A Officer) AllowanceAmount (per month)
    Special Pay Rs. 3,300/-
    Special Functional Allowance Rs. 4000/-
    Local Allowance Rs. 3,450/-
    City Compensatory Allowance Rs. 2,500/-
    Family Allowance Rs. 2,850/-
    Special Compensatory Allowance
    • Up to Rs. 1,20,850/- - Rs. 500/-
    • Above Rs. 1,20,850/- - Rs. 625/-
    Grade Allowance 14% of basic pay, subject to a minimum of Rs. 10,400/-
    Special Allowance 16.4% of basic pay, subject to a minimum of Rs. 11,000/-
    Learning Allowance Rs. 2,500/-
    Personal Fixed Allowance Rs. 3,850/-

    SEBI Grade A Research Previous Year Cutoff

    To get an idea about the exam level, Referring to the previous year's cut-offs is always good. The SEBI Grade A previous year cutoff for the Research stream will give you a correct picture of the exam and help you know how the planning strategy should be redefined to ace the real exam. Check the last year's SEBI Grade A cut-offs from the table below.  SEBI Grade A Research is one of the most coveted positions among job aspirants. An opportunity to work in an esteemed organization like SEBI is a golden chance that should not be missed. ixamBee's SEBI Grade A Online Course for Research stream is one of the best resources to beat the heat and stay ahead of others. Prepared by experts with rich experience in diverse Banking and Financial Institutes, the SEBI Grade A Research Course will help you achieve your dreams. Before proceeding, refer to our free demo course for SEBI Grade A Research.

    SEBI Grade A Recruitment 2022 Phase 2 Cut-off

    StreamCategory
    SCSTOBC(NCL)EWSURPwBD (ID & MD)PwBD (VI)PwBD (HI)PwBD (LD)
    Research 62.34 - 62.33 - 64.33 - - @ -
    # No Candidates qualified
    - No Vacancy
    $ Cut off kept at par with UR category
    @ No candidate appeared

    SEBI Grade A 2022 - Minimum marks obtained by selected candidates

    UnreservedOBC (NCL)EWSSCSTPwBD (HI)
    71.24 68.39 No vacancy 66.39 No vacancy No candidate qualified

    SEBI Grade A Research Free Mock Tests

    SEBI Research stream mock tests are the best way to check what you have studied and how well you have studied. Practicing the SEBI Grade A Research stream mock test series is beneficial so that you know where your strength and weakness lies. Attempt the SEBI Grade A Mock Tests to stay ahead of your competitors.

    Sebi Grade A Research FAQs

    The SEBI Grade A recruitment only accepts applications submitted through the prescribed online mode. Any applications received through post, hand delivery, mail, or any other mode will be rejected. It is crucial for candidates to adhere to the online application process to ensure their applications are considered for the recruitment process.
    SEBI will release the SEBI Grade A Admit Card a few days before the exam. The SEBI Grade A Call Letter will include essential details such as the exam venue, reporting time, roll number, and instructions for the exam day. It is mandatory to carry a copy of a valid identity proof along with the admit card to the exam venue. Please note that hard copies of the admit cards will not be sent to individuals.
    The sole fee payment method for the SEBI Grade A exam is online. Candidates are required to select an appropriate online payment option from those specified in the official notification.
    After submitting your SEBI Grade A application form, changes or edits cannot be made to the provided details. Thoroughly review and double-check all information before submission to avoid any errors. Being diligent in this process will help ensure that your application is accurate and complete.
    After submitting your SEBI Grade A application form, changes or edits cannot be made to the provided details. Thoroughly review and double-check all information before submission to avoid any errors. Being diligent in this process will help ensure that your application is accurate and complete.
    The SEBI Grade A Exam will consist of three phases: Phase 1 (Online Exam), Phase 2 (Online Exam) and Phase 3 (Interview). Understanding the SEBI Grade A exam pattern is crucial for adequate preparation as it provides insights into the weightage given to each subject. This knowledge allows you to appropriately allocate your time and efforts to each subject. By being aware of the SEBI Grade A exam pattern, you can develop a well-rounded preparation strategy that covers all the necessary subjects and topics. It ensures that you are thoroughly prepared for each stage of the exam, increasing your chances of success.
    Gain familiarity with the question formats prevalent in the SEBI Grade A exam. Following this, engage in extensive practice by solving numerous questions from past years' papers. Thoroughly analyze these solutions to develop a comprehensive understanding of question patterns and varying difficulty levels, thereby enhancing your preparedness for the exam.
    There will be a negative marking system in the SEBI Grade A exam, which comprises objective-type questions. For each incorrect response, one-fourth or 0.25 marks assigned to that question will be deducted as a penalty. Candidates should be cautious while answering to avoid unnecessary deductions.
    On ixamBee, you can avail yourself of free SEBI Grade A mock tests. Our platform provides extensive and top-notch mock tests designed to replicate the actual exam conditions. These mock tests serve as valuable tools to evaluate your preparedness, pinpoint areas of improvement, and enhance your confidence in preparation for the SEBI Grade A exam.
    Upon appointment as a SEBI Grade A Officer, the basic salary is Rs. 44,500. The pay scale of a SEBI Grade A Officer is in the range of- Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850—3300(1)-89150 (17 years). The total monthly emoluments for a Grade A Officer amount to approximately Rs. 1,35,000, encompassing various allowances and benefits in addition to the basic salary.
    Yes, upon your selection as a SEBI Grade A Officer, a mandatory probation period of two years awaits. This phase allows you to acclimate to the organization's functions, responsibilities, and work culture. Successfully completing the probationary term is crucial to establishing a firm footing in your role as a SEBI Grade A Officer.
    The basic pay of a SEBI Grade A Research officer is Rs. 44,500. On top of the basic pay, SEBI Grade A officers also get several allowances and perks in their salary like Special Pay, Special Functional Pay, Dearness Allowance, Local Allowance, City Compensatory Allowance, Family Allowance, and more. After adding these allowances, the gross monthly salary of a SEBI Grade A officer is around Rs. 1,55,000 per month.
    Two months for SEBI Grade A can be enough, but it depends. If you have a strong background in commerce and finance, cramming relevant topics and practicing mocks for 60 days is a possibility. With intense dedication, even beginners can succeed in two months by following a strict plan and using resources like past papers.
    Preparing for SEBI Grade A Research involves a strong foundation in Economics, Econometrics, Statistics, Finance, and Commerce. Understanding the securities market is crucial. Focus on conceptual clarity and problem-solving skills. Practice with mock tests and previous year papers to enhance time management and accuracy. Staying updated with financial news and current affairs is essential.
    The highest post attainable through internal promotions at SEBI is Executive Director. This involves significant experience and progression through the ranks. The Chairman and Whole Time Members, however, are appointed by the Government of India based on specific qualifications and experience. These roles often require a proven track record in the financial sector and strong leadership abilities.
    No, there is no such concession for women candidates. Relaxations and concessions are given only to the candidates belonging to the reserved category.
    No, one needs to be a postgraduate in the respective domain as mentioned in the SEBI Grade A notification.
    No, SEBI Grade A Phase 1 will be qualifying in nature.
    No, there are no concessions designated explicitly for female candidates. In the context of relaxations and concessions, SEBI extends these benefits exclusively to candidates belonging to reserved categories. While SEBI aims to foster inclusivity and diversity, concessions in age criteria and other aspects are typically directed towards candidates falling within specified reserved categories rather than gender-based considerations.
    No. However, the eligibility for the SEBI Grade A Research post requires a postgraduate qualification in the specified domain, as outlined in the SEBI Grade A notification. The necessity for a postgraduate degree ensures that candidates possess specialized knowledge and expertise relevant to their chosen stream, aligning with the specific requirements of the SEBI Grade A cadre.
    No, the SEBI Grade A Phase 1 examination serves as a qualifying stage. The scores obtained in Phase 1 are essential for progressing to the subsequent phases but are not considered in the final selection. This structure allows candidates to demonstrate their eligibility for further evaluation in the subsequent stages of the SEBI Grade A selection process.
    No, the reservation benefits are applicable to candidates falling under the non-creamy layer within specified categories. Only those meeting the criteria for non-creamy layer status are eligible for reservation benefits. This ensures that affirmative action targets individuals with socio-economic backgrounds warranting such considerations within the SEBI Grade A application process.
    If your caste is not listed in the Central reservation caste list, even as a reserved category candidate, you are not eligible for reservation benefits in the SEBI Grade A exam. Reservation benefits are strictly governed by the specified criteria, and eligibility is contingent on adherence to these predefined conditions.

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