IFSCA Assistant Manager Jobs Recruitment 2023 Salary 50,000

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IFSCA Assistant Manager Jobs Recruitment 2023 Salary 50,000 Check More Details & Apply Now

IFSCA Assistant Manager Jobs Recruitment 2023 Salary 50,000 Check More Details & Apply Now

INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY

Recruitment of Officer Grade A (Assistant Manager) – 2023

Age Limit (as on 01.02.2023):

(i) A candidate must not have exceeded the age of 30 years as on February 1, 2023.

(ii) The upper age-limit prescribed above will be relaxable:

a. up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled TribAL

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posts are reserved for them;

b. 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;

(iii) Only those candidates belonging to ‘Non-Creamy Layer’ are eligible to apply under OBC Category. The OBC

candidates who belong to ‘Creamy Layer’ are not entitled to apply under OBC Category. Candidates

belonging to OBC category but coming in the ‘Creamy Layer’ are not entitled to OBC reservation. They

should indicate their category as ‘Unreserved’. Candidates belonging to the OBCA. Application Registration

1. Candidates to go to the IFSCA website www.ifsca.gov.in click on the option “APPLY ONLINE” which will open

a new screen.

2. To register application, choose the tab “Click here for New Registration” and enter Name, Contact details

and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed

on the screen. Candidate should note down the Provisional Registration Number and Password. An Email &

SMS indicating the Provisional Registration number and Password will also be sent.

3. In case the candidate is unable to complete the application form in one go, he / she can save the data already

entered by choosing “SAVE AND NEXT” tab. Prior to submission of the online application candidates are

advised to use the “SAVE AND NEXT” facility to verify the details in the online application form and modify the

same if required. Visually Impaired candidates should fill the application form carefully and verify/ get the

details verified to ensure that the same are correct prior to final submission.

4. Candidates are advised to carefully fill and verify the details filled in the online application themselves as no

change will be possible/ entertained after clicking the COMPLETE REGISTRATION BUTTON.

5. The Name of the candidate or his /her father/ Husband etc. should be spelt correctly in the application as it

appears in the Certificates/ Mark sheets/Identity proof. Any change/alteration found may disqualify the

candidature.

6. Validate your details and save your application by clicking the ‘Validate your details’ and ‘Save & Next’ button.

7. Candidates can proceed to upload Photo & Signature as per the specifications given in the Guidelines for

Scanning and Upload of Photograph and Signature detailed under point “C”.

8. Candidates can proceed to fill other details of the Application Form.

9. Click on the Preview Tab to preview and verify the entire application form before ‘COMPLETE

REGISTRATION’.

10.Modify details, if required, and click on ‘COMPLETE REGISTRATION’ ONLY after verifying and ensuring that

the photograph, signature uploaded, and other details filled by you are correct.

11.Click on ‘Payment’ Tab and proceed for payment.

12.Click on ‘Submit’ button.

a. Phase I On-Line Examination:

An online screening examination consisting of two papers (Multiple Choice questions of 100 marks each) will be

held in March/April 2023 (tentatively). The exam will consist of:

Paper Streams/ Subjects Maximum

Marks

Duration Cut off

Paper 1

Multiple choice questions

(a) General awareness (financial sector) -25 questions

X 1 mark each

(b) English language – 25 questions X 1 mark each

(d) Test of Reasoning- 25 questions X 1 mark each

100 60 minutes 30%

Paper 2

Multiple choice questions on General knowledge,

Current events of national and international

importance, Economic and social development

(sustainable development, poverty, inclusion, and

demographics), Commerce, Accountancy,

Management, Finance and costing, Indian

100 60 minutes 40%

SOME POINTS YOU HAVE TO NOTE:-

(i) There shall be negative marking (1/4th of marks assigned to the question) for the Paper 1 and Paper 2 in

Phase I.

(ii) 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.

(iii) 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.

(iv) 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 IFSCA website.

b. Phase II On-Line Examination:

An on-line examination consisting of two papers of 100 marks each will be held in April/May 2023

(tentatively). The papers shall be as follows:

Paper Maximum

Marks

Duration Cut

off

Weightage

Paper 1

English (Descriptive Test)

(a) Precis Writing – 35 marks

(b) Essay writing – 30 marks

100 60

minutes 30% 1/3rd

Paper 2

Multiple choice questions on subjects like

IFSCA Act, Union Budget, Economic Survey,

Banking, Capital Market, Insurance, Pension

Funds, Bullion, GIFT City, GIFT IFSC, IFSCA,

Global Financial Centres etc.

(50 questions X 2 marks each)

100 60

minutes 40% 2/3rd

Aggregate Cut off 40%

Some points

i) Candidates shortlisted for Phase II will be issued new Hall Tickets.

(ii) There shall be negative marking (1/4th of marks assigned to the question) for Paper 2 in Phase II

(iii) 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.

(iv) Candidates would need to secure separate cut-off in each paper as mentioned 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.

(v) Subject to the criteria mentioned above, candidates equaling 3 times the number of vacancies shall be

shortlisted, in order of merit, for Phase III i.e. the Interview. List of candidates shortlisted for Interview will be

made available on IFSCA website.

Note: All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and

English.

c. Interview:

Only the shortlisted candidates will be called for interview. Application fee shall not be refunded to the candidates

not shortlisted for Phase II and Interview. Weightage of marks obtained in Phase II will be 85%, while marks

obtained in interview shall be given a weightage of 15%.

IFSCA reserves the right to modify the selection procedure, if deemed fit.

III. SERVICE CONDITIONS/ PAY AND ALLOWANCES:

a. Probation:

The successful candidates recruited for the post of Officer Grade ‘A’ shall undergo probation of two years. The

candidates shall be confirmed in the services of IFSCA subject to their satisfactory performance during the

probation period.

b. Pay:

The pay scale of officers in Grade A is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-

89150 (17 years).

Presently, the gross emolument including IFSCA’s Contribution towards National Pension Scheme (NPS), Grade

Allowance, Special Allowance, Dearness Allowance, Family Allowance, Local Allowance etc. at the minimum of

this scale is approx. Rs. 1,43,000/- p.m..

c. 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 IFSCA.

d. Posting:

The incumbent may be posted and transferred to any location in India or abroad where IFSCA has its Offices.

The recruited officers may be posted to any department of IFSCA.

IV. EXAMINATION CENTRES:

a. The Phase I and Phase II on-Line examination will be held at the following centres:

Ahmedabad/ Gandhinagar Hyderabad/ Rangareddy Nasik

Agartala Indore New Delhi-NCR

Aurangabad (MH) Jaipur Panaji

Bengaluru Kanpur Patna

Bhubaneswar Kochi/ Ernakulam Prayagraj

Chandigarh/ Mohali Kolkata/ Greater Kolkata Pune

Chennai Lucknow Raipur

Coimbatore Madurai Ranchi

Dehradun Meerut Siliguri

Guwahati Mumbai/Greater Mumbai/Navi

Mumbai/Thane

Surat

Haldwani Muzzafarpur Vijayawada

SOME POINTS

Hubli – Dharwad Nagpur Vishakhapatnam Candidates can provide their preference of upto three centers for Phase I and one center for Phase II in the online

application. The choice of Center by candidates for Phase I and Phase II Examinations can be different and must

be indicated in the online application. Candidates will appear for the examination at an Examination Centre at

their own risks and expenses. IFSCA does not make any arrangements for boarding/lodging of candidates. IFSCA

will not be responsible for any injury or losses etc. of any nature during the course of Examination.

NB: Notwithstanding the aforesaid provision, IFSCA reserves the right to change the Centres at its discretion.

Candidates admitted to the examination will be informed of the timetable and place or places of examination. The

candidates should note that no request for change of centre will be entertained.

VI. GENERAL INSTRUCTIONS:

a. Candidate who is eligible and desires to apply for the above post should submit an ON-LINE application with

requisite fee/ intimation charges (wherever applicable). No other means/mode of application will be accepted.

b. Fees sent in any other manner not prescribed in this advertisement and / or the application submitted without

depositing the fee/ intimation charges would be rejected and no correspondence shall be entertained in this

regard.

c. Candidates should be satisfied with their eligibility for the post applied for. Candidates seeking reservation/

relaxation benefits available for SC/ST/OBC/EWS or any other category must ensure that they are entitled to

such reservation/ relaxation as per eligibility prescribed. At the time of the interview, they should also be in

possession of all the requisite valid certificates in the prescribed format in support of their claim as stipulated

for such benefits and these certificates should be dated earlier than the due date (closing date) of the

application.

d. If the candidates are not eligible or have knowingly or willfully furnished incorrect or false particulars or

suppressed material information, their candidature will be liable to be cancelled at any stage of the selection.

If the candidate qualifies in the selection process and subsequently it is found that he/she does not fulfill the

eligibility criteria, his/her candidature will be cancelled and if appointed, the appointment would be terminated

without any notice or compensation.

e. Candidates who are already in service of Govt./ Quasi-Govt. Organizations and Public Sector Banks/

Undertakings will have to produce a “No Objection Certificate’ from their employer, at the time of Interview.

Before appointment in IFSCA, a proper discharge certificate from the employer will have to be produced.

f. Outstation candidates called for Interview will be reimbursed single AC Three Tier return railway fare for

journey by the shortest route, subject to submission of necessary documentary evidence.

g. IFSCA does not assume any responsibility for the candidates not being able to submit their applications within

the last date.

h. In all matters regarding eligibility, conduct of examinations, interviews, assessment, prescribing minimum

qualifying standards in both the Examination and Interview, in relation to number of vacancies and

communication of result, IFSCA’s decision shall be final and binding on the candidates and no correspondence

shall be entertained in this regard. Further, IFSCA reserves the right to relax any of the requirements for the

candidates in deserving cases. IFSCA also reserves the right to cancel the advertisement, fully or partly on

any grounds.

i. Canvassing in any form will disqualify the candidate.

j. Please note that Corrigendum, if any, issued on the above advertisement, will be published only on IFSCA’s

website www.ifsca.gov.in .

k. Any resultant dispute arising out of this advertisement shall be subject to the jurisdiction of the Courts situated

at Gandhinagar only.

Scanning the documents:

• Set the scanner resolution to a minimum of 200 dpi (dots per inch)

• Set Colour to True Colour

• File Size as specified above

• Crop the image in the scanner to the edge of the photograph/signature/ left thumb impression / handwritten

declaration, then use the upload editor to crop the image to the final size (as specified above).

• The image file should be JPG or JPEG format. An example file name is: image01.jpg or image01.jpeg. Image

dimensions can be checked by listing the folder files or moving the mouse over the file image icon.

• Candidates using MS Windows/MSOffice can easily obtain documents in .jpeg format by using MS Paint or

MSOffice Picture Manager. Scanned documents in any format can be saved in .jpg / .jpeg format by

using ‘Save As’ option in the File menu. Size can be adjusted by using crop and then resize option.

Procedure for Uploading the documents.

• While filling in the Online Application Form the candidate will be provided with separate links for uploading

Photograph, signature, left thumb impression and hand written declaration

• Click on the respective link “Upload Photograph / signature / Upload left thumb impression / hand written

declaration”

• Browse and select the location where the Scanned Photograph / signature / left thumb impression /

handwritten declaration file has been saved.

• Select the file by clicking on it.

• Click the ‘Open/Upload’

• If the file size and format are not as prescribed, an error message will be displayed.

• Preview of the uploaded image will help to see the quality of the image. In case of unclear / smudged, the

same may be re-uploaded to the expected clarity /quality.

Your Online Application will not be registered unless you upload your Photograph, signature, left thumb

impression and handwritten declaration as specified.

Note:

(1) In case the face in the photograph or signature or left thumb impression or the handwritten declaration is

unclear / smudged the candidate’s application may be rejected.

(2) After uploading the Photograph / signature / left thumb impression / handwritten declaration in the online

application form candidates should check that the images are clear and have been uploaded correctly. In

case the photograph or signature or left thumb impression or the handwritten declaration is not prominently

visible, the candidate may edit his/ her application and re-upload his/ her photograph or signature or left

thumb impression or the hand written declaration, prior to submitting the form.

(3) Candidate should also ensure that photo is uploaded at the place of photo and signature at the place of

signature. If photo in place of photo and signature in place of signature is not uploaded properly, candidate

will not be allowed to appear for the exam.

(4) Candidate must ensure that Photo to be uploaded is of required size and the face should be clearly visible.

(5) If the photo is not uploaded at the place of Photo Admission for Examination will be rejected/denied.

Candidate him/herself will be responsible for the same.

(6) Candidates should ensure that the signature uploaded is clearly visible.

(7) After registering online candidates are advised to take a printout of their system generated online

application forms.