Pension Fund Regulatory and Development Authority (PFRDA) invites applications from Indian citizens for filling up the posts of Officer Grade ‘A’ (Assistant Manager) for the General, Finance and Accounts, Information Technology, Research (Economics), Legal and Official Language (Rajbhasha) Streams.
Important Dates (PFRDA reserves the right to make any changes)
On-Line Application and Payment of fee On-Line
15.09.2022 – 07.10.2022
Availability of Call Letters for Phase – I & Phase – II On-line Examinations on the PFRDA website
25th October 2022
Phase I On-Line Examination
5th November 2022
Phase II On-Line Examination
4th December 2022
Phase III Interview
Will be intimated to candidates successful in Phase II by E-mail/SMS.
Eligibility Criteria:
Age Limit (as on 31/07/2022):
A candidate must not have exceeded the age of 30 years as on July 31, 2022, i.e., the candidate must have been born on or after August 01, 1992.
The upper age limit prescribed above will be relaxable:
up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe if the posts are reserved for them;
up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates if the posts are reserved for them.
Educational Qualification:
General Stream: Master's Degree in any discipline or Bachelor's Degree in Law or Bachelor's Degree in Engineering from a recognized University or ACA/ FCA from ICAI
or
ACS/ FCS from ICSI
or
ACMA/ FCMA from ICMAI (erstwhile AICWA/ FICWA from ICWAI) or CFA from CFA Institute.
Legal Stream: Bachelor’s Degree in Law from a recognized University / Institute.
Exam Pattern of Phase I On-Line Examination
Paper
Streams/ Subject
Maximum Marks
No. of Questions
Duration
Paper 1
All Streams: 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
General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics, and Pension Sector
100
50
40 Minutes
Information Technology, Finance, and Accounts, Research (Economics), Legal and Official Language (Rajbhasha) Streams: Multiple choice questions on Specialised subjects related to the stream.
100
50
40 Minutes
Exam Pattern of Phase II On-Line Examination
Paper
Streams/ Subject
Maximum Marks
Duration
No. of Questions
Paper 1
All Streams: English (Descriptive Test) to test the drafting skills
100
60 minutes
3
Paper 2
General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics, and Pension Sector.
100
40 minutes
50
Information Technology, Finance and Accounts Research (Economics), Legal and Official Language (Rajbhasha) Streams: Multiple choice questions on Specialised subjects related to the stream.
100
40 minutes
50
Syllabus for Paper 1 of Phase 1
Quantitative Aptitude
Data Interpretation
Boats and Streams
Time and Work
Time, Speed and Distance
Partnership
Mixtures and Alligation
Ages and Average
Profit and Loss
Percentage and Interest
Problems on Trains
Pipes and Cisterns
Area and Volume
Number Series
Linear equations
Quadratic equations
Data sufficiency
Reasoning
Puzzles
Seating Arrangement
Machine Input Output
Order and Ranking
Inequalities
Statement and Assumptions
Statement and Conclusion
Coding-Decoding
Statement and Argument
Venn Diagram/Syllogism
Blood Relation
Direction and Distance
English
Reading Comprehension
Cloze Test
Error Spotting
Double Fillers
Sentence Rearrangement
Vocabulary Based Questions
General Awareness with Special Reference to Banking Industry
Banking Reforms
Regulatory Bodies in India- NABARD, SEBI, etc.
International Banking
Latest circulars of RBI and SEBI
Latest Updates in Financial & Capital Markets
Financial Terms
Banking Terms
Latest Acts related to Banking
Priority Sector Lending
NPA - latest news
SARFAESI Act
RBI Monetary Policy
Capital & Money Market Instrument
Commercial Banks, NBFCs, HFC - Latest news
Mergers and Acquisitions in Banking Companies
Credit Rating and Agencies
Payment Options- NEFT, RTGS, Bharat Bill payment, etc.
Latest mergers and MOUs of banks and financial institutions
Heads of various financial organizations
Mutual Funds
Basel Norms
Regulatory organizations: SEBI/NABARD/RBI
Joint Military Exercises of India
List of Summits and Conferences 2022
India's Rankings in Different Indices 2022
List of Appointments in 2022
List of Important Days With Themes
List of MoUs signed by India in 2022
List of Sports Events & Winners – 2022
List of Awards and Honours 2022
Syllabus for Paper 1 of Phase II English Writing Skills
English (Descriptive Test)
Precise Writing
Essay Writing
Comprehension
Professional Knowledge Syllabus for General Stream Paper 2 (Common for both Phases)
A. Commerce & Accountancy
Accounting as a financial information system.
Accounting Standards with specific reference to Accounting for Depreciation, Inventories, Revenue Recognition, Fixed Assets, Foreign Exchange Transactions, Investments.
Cash Flow Statement, Fund flow statement, Financial statement analysis; Ratio analysis.
Accounting for Share Capital Transactions including Bonus Shares, Right Shares.
Employees Stock Option and Buy-Back of Securities.
Preparation and Presentation of Company Final Accounts.
B. Management
Management: its nature and scope; The Management Processes; Planning, Organization, Staffing, Directing and Controlling.
The Role of a Manager in an Organization. Leadership: The Tasks of a Leader.
Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
Human Resource Development: Concept of HRD; Goals of HRD.
Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.
Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.
C. Finance
Financial System- Role and Functions of Regulatory bodies in the Financial Sector.
Financial Markets- Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, and recent developments.
General Topics
Basics of Derivatives: Forward, Futures, and Swap
Recent Developments in the Financial Sector
Financial Inclusion- use of technology
Alternate source of finance, private and social cost-benefit, Public-Private Partnership
Direct and Indirect taxes; Non-tax sources of Revenue, GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components, and trends.
D. Costing
Overview of Cost and Management Accounting - Introduction to Cost and Management Accounting, Objectives, and Scope of Cost and Management Accounting.
Methods of Costing - Single Output/ Unit Costing, Job Costing, Batch Costing, Contract Costing, Process/ Operation Costing, Costing of Service Sectors.
Basics of Cost Control and Analysis - (i) Standard Costing, (ii) Marginal Costing, (iii) Budget and Budgetary Control.
Lean System and Innovation:-
Introduction to Lean System
Just-in-Time (JIT)
Kaizen Costing
5 Ss
Total Productive Maintenance (TPM)
Cellular Manufacturing/ One-Piece Flow Production Systems
Six Sigma (SS)
Introduction to Process Innovation and Business Process Re-engineering (BPR)
E. Companies Act
The Companies Act, 2013 – Specific reference to Chapter III, Chapter IV, Chapter VIII, Chapter X, Chapter XI, Chapter XII, and Chapter XXVII.
F. 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.
G. Pension Sector
Status of the pension sector in India
Types of retirement schemes in India and their features
National Pension System
Atal Pension Yojana
Annuity Plans
Basics of investment
Professional Knowledge Syllabus for Legal Stream Paper 2 (Common for both Phases)
PFRDA Act, 2013,
IRDAI Act, 1999,
SEBI Act, 1992
Constitution of India –Preamble, Part I, Part III, Part IV, Part IVA, Part V, Part VI, Part VIII, Part IXA, Part IXB, Part XI, Part XII, Part XIII, Part XIV, Part XIVA, Part XX,
Law of Contracts –Indian Contract Act, 1872 (Chapters I to VI and VIII to X), Indian Partnership Act, 1932, Specific Relief Act, 1963,
Criminal Law –Indian Penal Code, 1860 (Chapters I, II, III, IV, V, VA, VI, IX, XVII, XXI, XXII, XXIII); Code of Criminal Procedure, 1973,
Law of Evidence –Indian Evidence Act, 1872,
Code of Civil Procedure, 1908 –Part I, Part II, Part III, Part IV, Part V, Part VII, Schedule-I,
Administrative Law and Principles of Natural Justice,
Jurisprudence and Interpretation of Statutes,
Important Latin terms and maxims,
Law of Torts and Consumer Protection Act, 2019,
Arbitration and Conciliation Act, 1996 –Part I, Part III, Part IV,
Transfer of Property Act, 1882 –Chapter III, Chapter IV, Chapter V,
Law of Trusts –Parties to a Trust Deed and Duties of Trustees,
Corporate Law –Companies Act, 2013 (Chapter I, Chapter II, Chapter III, Chapter IV, Chapter V, Chapter VII, Chapter VIII, Chapter IX, Chapter X, Chapter XI, Chapter XII, Chapter XIII, Chapter XV, Chapter XVI, Chapter XXVII, Chapter XXVIII, Chapter XXIX); Limited Liability Partnership Act, 2008; Insolvency and Bankruptcy Code, 2016 (Part I, Part II),
Taxation –General principles
PFRDA Officer Grade A (ASSISTANT MANAGER) 2022 Course by Ramandeep Singh
I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.
