SEBI Grade A 2023

7 minute read
SEBI Grade A

SEBI Grade A exam is conducted by the Securities and Exchange Board of India [SEBI] every year. Through this test, candidates are recruited for the post of Assistant Manager [Grade A]. The notification for the Legal, General, Engineering, Research, Information Technology, and Official Language stream will be released by the statutory body shortly. In this blog, we will highlight the key details of the exam in a comprehensive way. 


Name of ExaminationSEBI Grade A (Assistant Manager) Exam 2023
Conducting AuthoritySecurities and Exchange Board of India (SEBI)
PostOfficer Grade A (Assistant Manager)
No. of VacanciesTo be Announced
Mode of ApplicationOnline
Mode of ExaminationOnline
Application FeesFor SC/ST/PWD candidates – Rs. 100/-
For General/OBC/EWS candidates – Rs. 1000/-
No. of Phases 3
Selection CriteriaPhase-I: Prelims Exam (100 questions; 100 marks)
Phase-II: Mains (190 questions; 200 marks)
Phase-III: Interview
LanguageEnglish and Hindi
Job Location Across India
Official website 

Important Dates for 2023

SEBI Grade A

A candidate planning to give SEBI Grade A exam should stay updated with the important dates in order to avoid missing any deadline. The dates related to this exam will be disclosed in the official notification released by SEBI.

Online Application Starts FromTo be announced
Last Date of Submission To be announced
Admit Card Releasing DateTo be announced
Phase-I Online Examination DateTo be announced
Result of Phase-I To be announced
Phase-II Online Examination DateTo be announced
Result of Phase-IITo be announced
Interview DateTo be announced

Eligibility Criteria

Even though the eligibility criteria vary since there are many streams, the age requirements remain the same. Enlisted are detailed prerequisites that a candidate needs to fulfil in order to appear for the SEBI Grade A exam: 

  • Further, there is certain age relaxation for specific categories. While for SC/ST, it is 5 years, for OBC, it is 3 years.
  • For the domicile residents of J&K [ between 1st January 1980 to 31st December 1981] and ex-servicemen, the relaxation is of 5 years. 
  • For PwBD, the relaxation is 10 years[General Category], 13 [OBC], and 15 years [SC/ST]. 

Specific Educational Qualifications

The table below represents the educational qualification required for various posts in different streams:

General StreamMaster’s degree in any discipline/ Bachelor’s in Engineering/ Law/ Chartered Accountant/ Company Secretary/ Cost and Work Accountant.
LegalBachelor’s Degree in Law [LLB]
Information TechnologyGraduate in Electrical/Electronics/Computer Science Engineering
EngineeringBachelor’s degree in Civil Engineering
Bachelor’s degree in Electrical Engineering
Research Master’s degree in Statistics/ Economics/ Commerce/ Business/ Administration (Finance)
Official LangaugeMaster’s degree in Hindi with English as one of the subjects at the Bachelor’s level


Master’s in Sanskrit/ English/ Economics

Age Limit

  • The maximum age to appear for the exam is 30 years, that is, the candidate must be born after 1st March 1991.
  • Here are the age relaxations as per the category-
CategoryAge Relaxations
Other Backward Classes Non-Creamy layer (OBC-NCL)3 years
SC5 years
ST5 years

SEBI Grade A Exam: Exam Procedure

SEBI Grade A

The most important aspect that should be taken into consideration before applying for the SEBI Grade A exam is to study the pattern and syllabus. This exam is conducted in 3 phases wherein Phases 1 & 2 are objective in nature. Phase 3, on the other hand, is the interview round.  

Phase 1Online Screening Exam for 200 Marks
Phase 2Online Exam for 200 Marks
Phase 3Interview

Exam Pattern

Both phase 1 & phase 2 papers of the SEBI Grade A exam will be conducted online. In phase 1, there will be 2 papers. While Paper 1 is common for all the streams, Paper 2 depends on the stream you choose. Another important thing to note is that all the questions will be available in English and Hindi languages except the test of English.

Phase 1

PapersStream / SubjectsDurationMaximum MarksCut-Off
Paper 1 [All Streams]Multiple Choice Questions on General Awareness,
English Language, Quantitative Aptitude
and Reasoning
60 Minutes100 Marks30%
Paper 2  [General Stream]General Stream [MCQs on subjects like Commerce, Accountancy, Management, Finance, and Economics]

Other Streams [MCQs on Specialized subjects pertaining to the stream]
40 Minutes

40 Minutes
100 Marks

100 Marks


Phase 2

The candidates who qualified the Phase 1 would advance to the Phase 2 online examination. The pattern for this year’s Phase 2 has also changed. Like Phase 1, there will be 2 papers in the second phase of the SEBI Grade A test. Paper 1 is common for all the streams whereas Paper 2 will be different, as per the streams. 

PaperStream / SubjectsDurationMaximum MarksCut-OffWeightage
Paper 1All streams: English Descriptive Test60 Minutes100 Marks30%1/3rd
Paper 2General Stream: MCQs on subjects like Commerce, Accountancy, Management, Costing, Companies Act and Economics

Legal, Engineering and Official Language Streams: Multiple Choice questions pertaining to the stream

Research Stream: Multiple Choice Questions on Economics, Econometrics, Statistics, and Finance
40 Minutes

40 Minutes
100 marks

100 Marks



Phase 3: Interview Round

Only the final shortlisted candidates would be called for the interview round. The candidate can also choose the mode of interview i.e. English or Hindi. What is important to note is that the final merit list will depend on the marks obtained in Phase 2 and the interview round. While Phase 2 will carry 85% of the weightage, the Interview round will carry the remaining 15%. 

SEBI Grade A Syllabus

Let us quickly go through the syllabus of both the SEBI Grade A exams-

Phase I- Prelims Paper 

Tabulated below is the syllabus of the Prelims exam-

Sections Topics
English LanguageSentence Rearrangement, Passages, Error Spotting, Synonyms, Reading Comprehension, Idioms & Phrases, etc.
ReasoningSeating Arrangements, Coding-Decoding, Machine Input-Output, Order and Ranking, Direction Sense,  Alpha-Numeric-Symbol Series, Syllogisms,  Puzzles, Data Sufficiency, Number System and Conversions, Logical Reasoning, Inequalities, Blood Relations.
General AwarenessCountries & Capitals, Books and Authors, Important Days, Sports, Science – Inventions & Discoveries, Current Affairs – National & International,  Awards and Honours, Budget, International & National Organizations
Quantitative AptitudeProblem on Ages, Speed Distance and Time, Number Series, HCF, and LCM, SI & CI,  Inequalities, Mensuration, Profit and Loss, Approximation and Simplification, Data Sufficiency, Permutation and Combination, Work and Time,  Probability,  Average, Ratio and Proportion, Data Interpretation.

Phase II- Mains Paper 

The syllabus for paper 1 of Phase II will revolve around the basic level of English as it aims to gauge your skills about the same. On the other hand, paper 2 will have a different syllabus as per the stream you opt for.

Marking Scheme

Phase 11 mark will be awarded for every correct answer
Phase 22 marks will be awarded for every correct answer
Incorrect Answer [Both Phases]1/4th of the marks will be deducted i.e.

For 1 mark questions, 0.25 will be deducted and for questions carrying 2 marks, 0.50 will be deducted

Application Process 

All the candidates who are looking forward to applying for this exam, here are some simple steps following which you will be able to do so- 

  • Log on to the official website and click on the tab for careers. 
  • Click on the link directed to the recruitment notification for SEBI.
  • Now click on the option of apply online.
  • enter your basic details such as name contact number and email address to generate a new registration.
  • Submit your details and your system will generate a registration number and password that will be sent to you on your email id and mobile number.
  • Fill in the application form carefully and click on the button for the final submission.
  • Save the application form once it is submitted and then attach the required documents.
  • In the next step, you will be asked to complete the process by making the due payment.

Documents Required 

To successfully submit your application for this exam, you will be required to attach the following documents with your form:

Documents DimensionsFileSize
Signature140 x 60 pixels.JPG/ JPEG10kb –20kb
Photograph (4.5cm × 3.5cm)200 x 230 pixels .JPG/ JPEG20kb-50kb.
Handwriting Declaration140 x 60 pixels.JPG/ JPEG20kb –50 kb
Left Thumb Impression140 x 60 pixels.JPG/ JPEG10kb –20kb

Application Fee

The candidates who wish to register for the SEBI Grade A exam, it is mandatory to submit the examination charges along with the application form. Here are the prescribed charges as per the categories:

CategoryApplication Charges
Unreserved candidatesINR 1000/-+ intimation charges
OBC candidatesINR 1000/-+ intimation charges
EWS candidatesINR 1000/-+ intimation charges
SC candidatesINR 100/- + intimation charges
ST candidatesINR 100/- + intimation charges
PwBD candidatesINR 100/- + intimation charges
(Source: YouTube – Anuj Jindal )

SEBI Grade A Exam: Cut Off 

To help you have an idea about the expected here are the cut-offs for both papers in 2020-

Prelims Cut Off 2020

PaperCut Off
Paper 130%
Paper 240%

Mains Cut-Off 2020

PaperCut OffWeightage
Paper 130%1/3rd
Paper 2 (Legal Engineering Stream)40%2/3rd
Paper 2 (Research Stream)40%2/3rd

SEBI Grade A Salary

The successful candidates will be on a two-year probation period on the job. According to their work ethic and other necessary parameters, the candidates would become permanent in the job. The pay scale of officers in SEBI Grade A can range from Rs. 28,000 – Rs.55,000, depending on the years of service. 


Is it difficult to crack SEBI Grade A exam?

The difficulty level of the SEBI Grade A exam is moderate. However, with a good amount of preparation, an applicant can easily crack this exam.

How many attempts are there for SEBI Grade A?

There is no limit set on the number of attempts that an applicant can give for SEBI Grade A exam.

Is SEBI Grade A government job?

SEBI comes under the ambit of the Ministry of Finance and therefore, Grade A post in this organisation is a government job.

We hope you liked our blog, where we tried to cover comprehensive information about SEBI Grade A exam. To read more informative articles like this one, keep following Leverage Edu!

Leave a Reply

Required fields are marked *