The Pension Fund Regulatory and Development Authority (PFRDA) has released Advt. No. 01/2025 inviting online applications for 40 Assistant Manager (Grade A) posts across various streams including General, IT, Legal, Finance, Research, Actuary, and Rajbhasha. Applications are open from 2 July to 6 August 2025, with Phase I exam scheduled for 6 September 2025 and Phase II on 6 October 2025

Selection Process

The selection will be done through the following three stages:

1. Phase I (Preliminary Exam) – Qualifying in nature
2. Phase II (Main Exam) – Marks considered for merit
3. Interview – Final stage for shortlisted candidates

📌 Final Selection Weightage = Phase II (85%) + Interview (15%)

PFRDA Assistant Manager Recruitment 2025 : Exam Pattern

🔹 Phase I – Online Screening Test

• 📍 Negative Marking: 0.25 marks for each wrong answer
• 📍 Paper I includes English, Reasoning, Quantitative Aptitude, and General Awareness (with special focus on Financial Sector)

🔹 Phase II – Mains Exam

• 📍 Paper I tests communication & drafting ability
• 📍 Paper II tests deep domain knowledge based on your applied stream
• 📍 0.25 negative marking for wrong answers in Paper II only

PFRDA Assistant Manager Recruitment 2025 : Detailed Syllabus

🔸 Common Topics (Phase I – Paper I)

English Language

• Reading Comprehension
• Cloze Test
• Para Jumbles
• Error Spotting
• Fill in the Blanks

Quantitative Aptitude

• Data Interpretation
• Simplification
• Number Series
• Ratio, Percentage, Time & Work
• Profit & Loss

Reasoning Ability

• Puzzles, Seating Arrangement
• Blood Relations
• Syllogism, Coding-Decoding
• Inequality, Direction Sense

General Awareness (Finance & Current Affairs)

• Economic & Financial News
• Recent Banking & Regulatory Developments
• Pension & Insurance Sectors
• Static GK, Government Schemes

🔸 Stream-Specific Syllabus (Phase I & II – Paper II)

1. General Stream

• Commerce & Accountancy
• Management & Finance
• PFRDA Act & Pension Sector Reforms
• Companies Act, SEBI, and IRDAI regulations

2. Finance & Accounts

• Accounting Principles
• Financial & Cost Accounting
• Auditing & Taxation
• Financial Management
• IND-AS, Budgeting

3. Information Technology (IT)

• DBMS, SQL, Operating Systems
• Software Engineering
• Networking & Cybersecurity
• Data Structures, Programming (C, Java)

4. Legal Stream

• Indian Constitution
• Company Law
• Contract Law, RTI Act
• PFRDA Act, SEBI, RBI Guidelines
• Civil and Criminal Procedure Codes

5. Research (Economics & Statistics)

• Micro & Macro Economics
• Public Finance
• Time Series, Regression, Probability
• Statistical Inference and Sampling

6. Rajbhasha

• Translation from Hindi to English and vice versa
• Official Language Act
• Terminology related to Pension/Banking/Legal

7. Actuarial

• Probability & Statistics
• Actuarial Models
• Annuities, Risk Theory
• Group Insurance and Premium Estimation

🎯 Preparation Tips

• ✅ Practice descriptive writing for Phase II Paper I
• ✅ Solve previous year papers of SEBI, RBI, and PFRDA
• ✅ Focus more on your applied stream (Paper II)
• ✅ Keep current affairs updated daily
• ✅ Attempt mock tests regularly and review your performance

Important Links:

Frequently Asked Questions (FAQs)

Q1. What is the salary of PFRDA Assistant Manager Grade A?
➡️ Initial basic pay is ₹44,500 + DA + HRA + perks (Approx. ₹1.5 Lakh/month gross)

Q2. Can I apply for more than one stream?
➡️ Yes, you can apply for up to two streams with separate forms.

Q3. Is there negative marking?
➡️ Yes, 0.25 marks are deducted for each wrong answer (Phase I & Phase II Paper II).

Q4. Are Phase I marks considered in the final merit?
➡️ No, Phase I is only qualifying.

Q5. What is the exam mode?
➡️ Entire selection process is conducted online.

Q6. What are the exam dates?
➡️

• Phase I: 6 September 2025
• Phase II: 6 October 2025
• Interview: To be announced later