SEBI Grade A – Assistant Manager 2020 Recruitment Notification – 147 Vacancies

Dear Bankersdaily Aspirants,

SEBI (Securities and Exchange Board of India) has released the official notification for the SEBI Grade A – (Assistant Manager) Exam 2020 for which the exams will be happening on April 22, 2020.

The total number of vacancies available for the SEBI – Grade A “Assistant Manager Recruitment 2020 is 147.

SEBI has changed the Exam Pattern for this Year (2020) – SEBI Grade A – Assistant Manager 2020 Recruitment.

Posts – SEBI Grade A – Assistant Manager 2020 Recruitment

The posts available for the SEBI Grade A – Assistant Manager Recruitment 2020 are

  1. General Stream
  2. Legal Stream
  3. Information Technology Stream
  4. Engineering Stream (Civil & Electrical)
  5. Research Stream
  6. Official Language Stream

Important Information – SEBI Grade A – Assistant Manager 2020 Recruitment

  • Recruitment Name: SEBI Grade A – Assistant Manager 2020
  • The scale of Pay: The pay scale of officers in Grade A is Rs. 28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600- 2000(1)-55600 (17 years).
  • Allowances: National Pension Scheme (NPS), Grade Allowance, Special Allowance, Dearness Allowance, Family Allowance, Local Allowance
  • Salary: Rs.1,07,000 (Without Accommodation)
  • Salary: Rs.73,000 (With Accommodation)
  • Benefits: Other benefits viz., Leave Fare Concession, Medical Expenses, Eye Refraction, Education Allowance, Financial Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning Allowance, Staff Furnishing Scheme, Scheme for Purchasing Computers, Subsidized Lunch Facility and all other benefits as admissible to an Officer in Grade A in SEBI.
  • Probation: 2 Years
  • Accommodation: Residential accommodation would be provided subject to availability.

Important Dates – SEBI Grade A – Assistant Manager 2020 Recruitment

Activity Important Dates (SEBI reserves the right to make any change in these dates)
On-Line Application and Payment of fee On-Line March 07, 2020 to March 23, 2020
Availability of Call Letters on SEBI website (for On-Line Examinations) Will be intimated by email/SMS
Phase I On-Line Examination April 12, 2020
Phase II On-Line Examination* May 03, 2020
Phase III Interview Dates will be intimated

* Paper – 2 of Phase II for Information Technology Stream shall be held separately, the details of which shall be available on SEBI website (www.sebi.gov.in) in due course.

Vacancies – SEBI Grade A – Assistant Manager 2020 Recruitment

The total number of vacancies available for the SEBI Grade A – Assistant Manager Recruitment 2020 is 147.

Sr. No. Post Vacancy
1. General 80
2. Legal 34
3. IT 22
4. Civil Engg 1
5. Electrical Engg 4
6. Research 5
7. Official language 1
Total 147

Age Limit – SEBI Grade A – Assistant Manager 2020 Recruitment

  • The age limit for the SEBI Grade A – Assistant Manager Recruitment 2020 will be considered as on 29th February, 2020.
  • A candidate must not have exceeded the age of 30 years as on February 29, 2020 i.e., candidate must have been born on or after March 01, 1990.
  • The upper age-limit prescribed above will be relaxable.
  • Age Relaxation available Is mentioned in the Official notification which is provided in the attachment below.

Educational Qualification – SEBI Grade A – Assistant Manager 2020 Recruitment

  1. General
  • Master’s Degree in any discipline
  • or
  • Bachelors’ Degree in Law,
  • or
  • Bachelors’ Degree in Engineering from a recognized university,
  • or
  • CA / CFA / CS / Cost Accountant.
  1. Legal
  • Bachelor’s Degree in Law from a recognized University / Institute.
  1. Information Technology
  • Bachelor’s Degree in Engineering
  • (Electrical / Electronics / Electronics And Communication / Information Technology / Computer Science) OR Masters in Computers Application OR Bachelor’s Degree in any discipline with a postgraduate qualification (minimum 2 years duration) in Computers / Information Technology.
  1. Engineering (Civil)
  • Bachelor’s Degree in Civil Engineering from a recognized University / Institute.
  1. Engineering (Electrical)
  • Bachelor’s Degree in Electrical Engineering from a recognized University / Institute.
  1. Research
  • Master’s Degree in Statistics / Economics / Commerce / Business Administration (Finance) / Econometrics from a recognized University / Institute.
  1. Official Language
  • Master’s Degree in Hindi with English as one of the subjects at bachelor’s degree level
  • or
  • Master’s Degree in Sanskrit / English / Economics / Commerce with Hindi as a subject at Bachelor’s Degree level from a recognized University / Institute.

Note 1: A Post Graduate Diploma in any discipline will be acceptable as educational requirement for General stream and a Post Graduate Diploma in Statistics / Economics / Commerce / Business Administration (Finance) / Econometrics will be acceptable as educational requirement for Research Stream, provided the same is recognized as equivalent to a Master’ Degree in that discipline by Govt. of India. The onus to provide necessary document in this regard shall be on the candidates.

Note 2: Candidates are permitted to apply for maximum of 2 streams only for which he/she is eligible to apply, as per their educational qualifications. Separate on-line application for each stream will have to be submitted and requisite fees is to be paid for each application. In case a candidate applies more than once in a Single Stream and/ or applies for more than 2 Streams, only the latest applications shall be considered valid and the other applications shall be rejected. The officers recruited in any stream may be posted to any department of SEBI, irrespective of their streams.

Candidates who have appeared for the final examinations and waiting for the results are eligible to appear for the Phase I, Phase II and Phase III of selection process. However, the offer to join SEBI to the selected candidates shall be subject to the production of necessary documents evidencing successfully obtaining the requisite qualification.

Mode of Selection – SEBI Grade A – Assistant Manager 2020 Recruitment

  • The SEBI Grade A – Assistant Manager Recruitment 2020 will have three stages process.
  • Phase I – Online Examination
  • Phase II – Online Mains Examination
  • Phase III – Interview

Phase I – Online Examination – SEBI Grade A – Assistant Manager 2020 Recruitment

An online screening examination consisting of two papers (Multiple Choice questions of 100 marks each) will be held on April 12, 2020. The exam will consist of:

Paper Streams/ Subjects Maximum Marks Duration Cut off
Paper 1 All Streams: Multiple choice questions on the subjects viz. General Awareness (including some questions related to Financial Sector of easy to moderate difficulty level), English Language, Quantitative Aptitude and Test of Reasoning. 100 60 minutes 30%
 

 

 

 

Paper 2

 General  Stream:  Multiple  choice  questions  on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics.  

100

  

40 minutes

  

40%
Legal, Information Technology, Engineering Stream (Civil & Electrical), Official Language stream: Multiple choice questions on Specialized subject related to stream.  

 

100

  

 

40 minutes

  

 

40%
Research Stream:- Multiple choice questions on subjects Economics, Econometrics, Statistics, Finance and Commerce.
Aggregate Cut off 40%
  • Negative Marking: Yes (1/4th mark to a question)
  • There shall be negative marking (1/4th of marks assigned to the question) for the Paper 1 and Paper 2 in Phase I.
  • There shall be a cut-off of minimum 30% for Paper 1 (no sectional cut-off shall be there) and a cut-off of minimum 40% for Paper 2 in Phase I.
  • Candidates would need to secure separate cut-off in each paper as mentioned at (ii) above as well as aggregate cut-off marks of 40% in Phase I exam to be shortlisted for Phase II. Marks obtained in Phase I shall be used only for shortlisting the candidates for Phase II examination process and will not be counted for final selection of the candidates.
  • Subject to the criteria mentioned at (iii) above, all the candidates who clear Phase I shall be shortlisted for Phase II. List of candidates shortlisted for Phase II will be made available on SEBI website.

Phase II – Online Mains Examination – SEBI Grade A – Assistant Manager 2020 Recruitment

Paper Maximum Marks Duration Cut off Weightage
Paper 1 All streams: English (Descriptive Test) to test the drafting skills 100 60 minutes 30% 1/3rd
 

 

 

 

Paper 2

 General Stream: Multiple choice questions on subjects – Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics.  

100

  

40 minutes

  

40%

  

2/3rd
Legal, Engineering Stream (Civil & Electrical) and Official Language stream: Multiple choice questions on Specialized subject related to stream.  

 

100

  

 

40 minutes

  

 

40%

  

 

2/3rd
Research Stream:- Multiple choice questions on subjects Economics, Econometrics, Statistics, Finance and Commerce.
Aggregate Cut off 40%
  • For candidates who have applied in multiple streams, Paper II will be conducted in various shifts, the timings of which will be intimated in the Hall Ticket.
  • There shall be negative marking (1/4th of marks assigned to the question) for Paper 2 in Phase II (except IT stream for which details shall be informed in due course).
  • There shall be a cut-off of minimum 30% for Paper 1 and a cut-off of minimum 40% for Paper 2 in Phase II.
  • Candidates would need to secure separate cut-off in each paper as mentioned at (iv) above as well as aggregate cut-off marks of 40% in Phase II exam (weightage of 1/3rd for Paper 1 and 2/3rd for Paper 2) to be shortlisted for Phase III.
  • Note: All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English.

Phase III – Interview – SEBI Grade A – Assistant Manager 2020 Recruitment

  • Only the shortlisted candidates will be called for interview.
  • The application fee shall not be refunded to the candidates not shortlisted for Phase II and Interview.
  • The candidate may opt for an interview either in Hindi or English.
  • Weightage of marks obtained in Phase II will be 85%, while marks obtained in the interview shall be given a weightage of 15%.

Application Fee – SEBI Grade A – Assistant Manager 2020 Recruitment

  • OBC/EWS/ Unreserved – Rs.1000/- (Application Fee + Intimation Charges)
  • SC/ST/PwBD – Rs.100/- (Only Intimation Charges)

Handwritten Declaration – SEBI Grade A – Assistant Manager 2020 Recruitment

Only in English. If it is written and uploaded by anybody else or in any other language, the application will be considered as invalid.

Scan the handwriting declaration ensuring that the document adheres to the required specifications as given under Guidelines for uploading of handwriting declaration. The text for the hand written declaration is as follows:

“I,                                                     (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required.”

Aspirants can check the official notification of the SEBI Grade A – Assistant Manager Recruitment 2020 from the official website of SEBI or from the link that is provided below. 

SEBI Grade A – Assistant Manager Recruitment 2020 – [PDF Download]

Apply LINK – SEBI Grade A – Assistant Manager Recruitment 2020

Buy the Quantitative Aptitude, Reasoning Ability & English Language Topic Wise Tests – Online Tests from the below-given links. 

Aspirants can get the test packages from our Official Bankersdaily Store (https://bankersdaily.testpress.in)

 If you have any doubts regarding the 4 new Topic Wise Test Packages, kindly mail your queries to virtualracetest@gmail.com.

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