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The IFSCA Grade A Exam 2026 will be conducted for the post of Officer Grade A ( Assistant Manager) by the International Financial Services Centres Authority. Candidates preparing for this exam, must be aware of the exam pattern and difficulty level of the exam, for which IFSCA Grade A Previous Year Question papers are an integral part of exam preparation. In this article, we have shared the IFSCA Grade A PYQs in PDF format so that you can download and practice.
IFSCA Grade A Previous Year Question Papers
The International Financial Services Centres Authority (IFSCA) will release the IFSCA Grade A Notification 2026 for Assistant Manager posts. To score the best, candidates need to understand the exam pattern and syllabus, and solve PYQs. The last step is of utmost importance as it helps in understanding the exam pattern, spotting important topics, and boosting time management.
IFSCA Grade A Previous Year Question Papers PDFs
IFSCA Grade A previous year question papers are immensely helpful in a candidate’s exam prep. IFSCA Grade A consists of two phases:
Paper 1 (Objective): Covers General Awareness, English, Quantitative Aptitude, Reasoning.
Paper 2 (Objective): Paper 1: Focuses on Finance, Commerce, Economics, and Current Affairs. Paper 2: focuses on specialised subjects.
| Previous Year Paper | Download Link |
| IFSCA 2024 Phase 1 | Download PDF |
| IFSCA 2024 Phase 2 | Download PDF |
IFSCA Grade A Exam Pattern 2026
The Phase I Exam of IFSCA Grade A for Assistant Manager will include two papers. To qualify for the next stage, candidates must secure at least 40% marks in total. Both Paper 1 and Paper 2 will carry negative marking, with 1/4th of the marks for each question deducted for every wrong answer.
In Paper 1, candidates are required to score a minimum of 30%, with no sectional cut-off applied. For Paper 2, the qualifying score is set at 40%.
| IFSCA Grade A Phase 1 Pattern (Paper 1) | ||||
| Subjects | No. of Questions | Max Marks | Cut-off | Duration |
| General Awareness (Financial Sector) | 25 | 25 | 30% | 60 Minutes |
| English Language | 25 | 25 | ||
| Quantitative Aptitude | 25 | 25 | ||
| Reasoning | 25 | 25 | ||
| Total | 100 | 100 | 60 Minutes | |
| Phase 1 Paper 2: Descriptive | ||||
| Section | Maximum Marks | Time Duration | Weightage | Cut-off |
| Precis Writing | 35 |
60 Minutes
|
1/3rd
|
30%
|
| Essay Writing | 30 | |||
| Comprehension | 35 | |||
| Total | 100 | |||
To move forward to Phase II, aspirants must clear these individual paper cut-offs as well as the overall aggregate cut-off of 40%. Paper 1 is only qualifying in nature and does not count in the final merit.
| IFSCA Grade A Phase 2 Exam Pattern 2026 | |||||
| Paper | Subjects | No. of Questions | Max. Marks | Cut-off | Duration |
| Paper I(General Stream) | MCQs on General Studies (Financial awareness, Economics, Banking, Capital Markets, IFSCA Act, etc.) |
50
|
100
|
40%
|
60 Minutes
|
| Paper I (Legal Stream) | MCQs on Specialised Subjects | ||||
| Aggregate Cut-off | 40% | ||||
Why You Need To Solve Previous Year Papers
Understand the Paper Pattern – PYQs reflect the exact type of questions, marking scheme, and difficulty level, helping you avoid surprises on exam day.
Spot Important Topics: By analyzing recurring concepts, you’ll know which subjects deserve more attention during revision.
Boost Time Management: Practicing within the exam’s time limits trains you to balance speed and accuracy effectively.
Evaluate Your Readiness: Attempting PYQs gives you a clear picture of your preparation level, highlighting areas where you need improvement.
Build Exam Confidence: Familiarity with real exam questions reduces anxiety and builds self-assurance before the actual test.
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