NPS Trust Grade A and B 2020-21: Syllabus

Dear Readers, National Pension Trust has recently released the 2020-21 recruitment notification for NPS Trust Officer Grade A (Manager) and B (Assistant Manager).

Download Official Notification

Number of Vacancies

14

Important Dates

Activity	Important Dates
Officer Grade B (Manager)
On-Line Application and Payment of fee	From 30-12-2020 Up to 29-01-2021
Availability of Call Letters on NPS Trust website (for On-Line Examination)	Will be intimated by E-mail/SMS
On-Line Examination (Phase I)	Will be intimated by E-mail/SMS
On-Line Examination (Phase II)	Information about this will be hosted on the website of NPS Trust at www.npstrust.org.in
Interview (Phase III)	Information about this will be intimated (only for successful candidates in Phase II) by Email/Post and will be hosted on the website of NPS Trust at www.npstrust.org.in
Officer Grade A (Assistant Manager)
On-Line Application and Payment of fee	From 30-12-2020 Up to 29-01-2021
Availability of Call Letters on NPS Trust website (for On-Line Examination)	Will be intimated by E-mail/SMS
On-Line Examination (Phase I)	Information about this will be hosted on the website of NPS Trust at www.npstrust.org.in.
Group Discussion & Interview (Phase II)	Information about this will be intimated to candidates successful in On-Line Examination by E-mail/Post and will be hosted on the website of NPS Trust at www.npstrust.org.in

Eligibility Criteria

Grade	Stream	Qualification (Any one of the following)	Upper Age (As on 30-11-2020)
Officer Grade B (Manager)	General	Master’s Degree in any discipline, Bachelor’s Degree in Law, Bachelor’s Degree in Engineering from a recognized university, CA, CFA, CS, CWA.	30
Officer Grade A (Assistant Manager)	General	Master’s Degree in any discipline, Bachelor’s Degree in Law, Bachelor’s Degree in Engineering from a recognized university, CA, CFA, CS, CWA.	30

Mode of Selection

1. Officer Grade B (Manager):

A. Paper 1 for Phase I (On-Line Screening Examination): 

Stream	Tests	No. of Questions	Max. Marks	Duration  (in minutes)
All Streams	English Language	40	40	35
	Reasoning	40	50	35
	General Awareness + Financial Sector Awareness	40	40	25
	Computer Awareness	40	40	25
	Quantitative Aptitude	30	30	30
	Overall Total	190	200	150

B. Phase II (On-Line Examination):

Paper	Streams	Subject	Max. Marks	Duration
Paper 1	All Streams	English (Descriptive Test)	100	60 minutes
Paper 2	General	Multiple choice questions on Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension sector	100	40 minutes

C. Phase III (Interview):

• Only the shortlisted candidates will be called for interview. The candidate may opt for interview either in Hindi or English.

Particulars	Weightage (in %)
Marks obtained in Phase II on-line examination	70%
Desirable experience as mentioned in Section – III (Eligibility Criteria) (Marks will be allotted depending on a number of years of experience in relevant field).	10%
Marks obtained in Interview	20%

2. Officer Grade A (Assistant Manager):

A. Paper 1 for Phase I (On-Line Screening Examination): 

Stream	Tests	No. of Questions	Max. Marks	Duration  (in minutes)
All Streams	English Language	40	40	35
	Reasoning	40	50	35
	General Awareness + Financial Sector Awareness	40	40	25
	Computer Awareness	40	40	25
	Quantitative Aptitude	30	30	30
	Overall Total	190	200	150

B. Phase II (Group Discussion and Interview):

Particulars	Weightage (in %)
Marks obtained in Phase II on-line examination	70%
Marks obtained in Phase - II Group Discussion Interview	10% 20%

Syllabus for Paper 1 of Phase I  (Common for both Grade A and B)

General Awareness	Reasoning	English	Quantitative Aptitude	Computer Awareness
Banking Reforms	Coding & Decoding	Reading Comprehensions	Data Interpretation	Hardware and Software
Regulatory Bodies in India- NABARD, SEBI etc.	Syllogism	Para Jumbles	Data Sufficiency	Operating System Basics
International Banking	Machine Input Output	Para Completion	Number Series	Internet Terms and Services
Important RBI Circulars	Puzzles	Vocabulary	Time and Work	MS-Office (MS-Word, MS-Excel, MS-PowerPoint)
Financial Terms	Seating Arrangements	Error Spotting	Time and Distance	History of Computers
Banking Terms	Direction Sense Test	Sentence Improvement	Simple and Compound Interest	Networking and Communication
Latest Acts related to Banking	Blood Relations	Cloze test	Ratio and Proportion	Database
Priority Sector Lending	Problems based on Ages		Averages	Security Tools and Viruses
NPA - latest news	Rankings		Mixture and Allegation
SARFAESI Act	Data Sufficiency		Pipes and Cisterns
RBI Monetary Policy	Statement and Conclusions		Problems based on trains
Capital & Money Market Instrument	Statement and Assumptions		Percentages
Commercial Banks, NBFCs, HFC - Latest news	Statement and Arguments		Partnership
Mergers and Acquisitions in Banking Companies			Clocks
Credit Rating and Agencies			Permutation and Combinations
Payment Options- NEFT, RTGS, Bharat Bill payment etc.			Probability
RBI’s circulars			Profit, Loss and Discount
			Elements of Algebra
			Quadratic Equations

Syllabus for Paper 1 of Phase II

English (Descriptive Test) 

• Precise Writing
• Essay Writing
• Letter Writing

Syllabus for Paper 2 of Phase II (Grade B)

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 

1. Management: its nature and scope; The Management Processes; Planning, Organization, Staffing, Directing and Controlling; 
2. The Role of a Manager in an Organization. Leadership: The Tasks of a Leader; 
3. Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader. 
4. Human Resource Development: Concept of HRD; Goals of HRD; 
5. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale. 
6. 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 

1. Financial System 
• Role and Functions of Regulatory bodies in the Financial Sector. 
2. Financial Markets 
• Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments. 
3. General Topics 
1. Basics of Derivatives: Forward, Futures, and Swap 
2. Recent Developments in the Financial Sector 
3. Financial Inclusion- use of technology 
4. Alternate source of finance, private and social cost-benefit, Public-Private Partnership 
5. Direct and Indirect taxes; Non-tax sources of Revenue, GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM), 
6. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components, and trends.

D. Costing 

1. Overview of Cost and Management Accounting - Introduction to Cost and Management Accounting, Objectives, and Scope of Cost and Management Accounting. 
2. Methods of Costing - Single Output/ Unit Costing, Job Costing, Batch Costing, Contract Costing, Process/ Operation Costing, Costing of Service Sectors. 
3. Basics of Cost Control and Analysis - (i) Standard Costing, (ii) Marginal Costing, (iii) Budget and Budgetary Control. 
4. Lean System and Innovation:- 
1. Introduction to Lean System 
2. Just-in-Time (JIT) Page 20 of 26 
3. Kaizen Costing 
4. 5 Ss 
5. Total Productive Maintenance (TPM) 
6. Cellular Manufacturing/ One-Piece Flow Production Systems 
7. Six Sigma (SS) 
8. 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 

1. 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 
2. Balance of Payments, Foreign Exchange Markets, Inflation, Monetary and Fiscal Policy, Non-banking Financial Institutions.

G. Pension Sector 

1. Status of the pension sector in India 
2. Types of retirement schemes in India and their features 
3. National Pension System 
4. Atal Pension Yojana
5. Annuity Plans 
6. Basics of investment

Join here for NPS Grade A

Join here for NPS Grade B