Being the central bank of India, the Reserve Bank of India (RBI) is among the most significant central authorities in the country. RBI is a self-governing body whose mission is to set key interest rates used in the financial and banking sectors. These key interest rates form the backbone of India’s fiscal and monetary policy.
Securities and Exchange Board of India (SEBI) is an autonomous organisation that regulates the securities market (various Exchange Boards) and establishes rules and guidelines for registered companies and investors. The stock market is known to be an important source of funding for businesses. Therefore, SEBI is the governing body for stock market players.
UPSC, CSE and state public service examinations are very popular among aspirants preparing for government recruitment exams. But there are several other recruitment examinations for organisations such as NABARD, FCI, RBI and SEBI, that are relatively less known but can fetch you a good job and a high salary. Due to lack of awareness, students take the most common government exams and eventually follow a path that is very competitive. Relatively less known recruitment exams are less competitive and give aspirants a good chance of getting into it. So, here is some important information about SEBI Grade A Or NABARD Grade A examinations.
SEBI Grade A Exam– SEBI conducts examination in 2 phases: Phase-I and Phase-II. Phase-I is an online screening examination that consists of 2 papers with each paper being of 100 marks. Phase-II is also an online exam that consists of 2 papers, each of 100 marks.
Phase-I Exam Pattern
An online screening examination consists of two papers (MCQ Type- 100 marks per paper). Further details are mentioned below:
- The exam comprises two papers with 100 marks each.
- Negative marking is there for wrong answers.
- In the case of Phase-I, ¼ of the marks assigned to each question will be deducted for incorrect answers.
- Only the candidates qualifying the cutoff of Phase-I will be eligible to attempt Phase-II or 2nd paper of SEBI Grade A.
Phase II Exam Pattern
- The 2nd paper is conducted in several shifts for the aspirants applying in multiple streams for which the timings are mentioned in the Hall Ticket of each candidate.
- A negative marking of 1/4th is there in the 2nd paper (not applicable for applicants of the IT stream).
- Candidates who will qualify for the 2nd paper are called for the final stage of the Interview.
The SEBI Grade A interview will take place after passing the second phase of the SEBI Grade A exam. The SEBI Grade A interview is the third and final phase of the SEBI Grade A exam. The first two phases are Prelims, followed by the Mains Exam. Two of them are computer-based written exams. To proceed to the third phase of the SEBI Grade A selection process, you must qualify for the preliminary exam and then qualify for this exam. Applicants who receive the minimum and total cuts can only participate in the SEBI Grade A interview round.
NABARD Grade A
Exam Pattern For Prelims
NABARD Grade A prelims examination is of 200 marks and the syllabus consists of topics from Quantitative Aptitude, Reasoning, Decision Making, English, General Awareness, Computer Knowledge, Economic & Social Issues and Agriculture and Rural Development.
Exam Pattern For Mains
NABARD Grade A syllabus for mains examination consists of topics from English language, Economic & Social Issues and Agriculture & Rural Development and stream-specific subjects related to the discipline of the post. NABARD Grade A mains examination is of 300 marks.
Aspirants must clear both overall cutoff and a sectional cutoff for each of the Prelims and Mains examination to appear for the next round of the recruitment process.
Students eligible for the Prelims & Mains exam can participate in the interview. Interviewers ask students about various topics and current issues, including difficult questions, and explore students about their knowledge of the subject and the existence of their minds. Each year, the National Agricultural and Rural Development Bank publishes a list of students who pass the exam with a truncated grade or higher called for an interview round. Candidates who qualify for the interview round will be required to submit documents for the appointment.
There is not much difference in the starting salary of both RBI Grade B and SEBI Grade A Assistant Manager. Time management for each section plays a very vital role in both the exams. So, try to solve your questions in a time-limited manner while practicing. Thus, we can conclude that both the exams are very challenging and are very good to shape your career in any of these. Give your 100 percent and get selected for a great future ahead. Check out BYJU’S Exam Prep to ace the exam now!