NPS Grade B Recruitment 2023

National Pension System Trust has invited applications for Manager Grade B. Today we are providing a syllabus and exam pattern for the exam.

Important Dates

Particulars	Date
Commencement date of online application	25.11.2023
Last Date of the online application	24.12.2023
Online Examination (Phase I)	Information about this will be hosted on the website of NPS Trust at www.npstrust.org.in
Online 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

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Number of Vacancies

Post / s ( Grade B)	Maximum Age as on (01.11.2023)	Total Vacancies
Risk Management	30 Years	1
Finance & Accounts	30 Years	1

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Relaxation in Age Limit

Sr.	Category		Age relaxation (in years)
1	Scheduled Caste/ Scheduled Tribe		5 years
2	Other Backward Classes (Non-Creamy Layer)		3 years
3	Persons with Benchmark Disabilities (PwBD)	PwBD (SC/ST)	15 years
		PwBD (OBC)	13 years
		PwBD (GEN/EWS)	10 years
4	Ex-servicemen include Emergency Commissioned Officers/Short Service Commissioned Officers, who have rendered at least five years continuous Military Service and have been released a) on completion of assignment (including those whose assignment is due to be completed within one year from 01.11.2023 otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or b) on account of physical disability attributable to Military Service or c) on invalidment. Emergency Commissioned Officers/Short Service Commissioned Officers who have completed their initial period of assignment of five years of Military Service but whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues certificates that they would be released on selection within three months from the date of receipt of offer of appointment.		5 years

Note: A candidate must not have exceeded the age limit prescribed for the respective post as on 01.11.2023.

Qualification (As on )

Posts	Qualifications
Risk Management	Full time Master’s degree in Business administration or equivalent with specialization in Finance / Associate Chartered Accountant (ACA) or Fellow Chartered Accountant (FCA) from ICAI (Institute of Chartered Accountants of India/ Chartered Financial Analyst (CFA) from CFA Institute.
Finance & Accounts	Associate Chartered Accountant (ACA) or Fellow Chartered Accountant (FCA) from ICAI (Institute of Chartered Accountants of India).

Experience (As on )

Posts	Experience
Risk Management	Minimum 3 years of post-qualification experience in dealing with problems relating to pension/ financial sectors, special knowledge in Risk Management and Investment Management.
Finance & Accounts	Minimum 3 years of post qualification experience in drawing up and finalization of financial results, accounts, budgeting, cash flows, investment, TDS, income tax, audit and payroll processing.

Probation Period & Pay Scale

Post	Probation Period	Pay Scale
Risk Management	1 year	Rs.55200/- p.m
Finance & Accounts	1 year	Rs.55200/- p.m

Note: The successful candidates recruited for the post of Officer Grade B(Manager) and Officer Grade A (Assistant Manager) shall undergo probation of 1 year from the date of joining. The probation period may be extended for unsatisfactory performances per the NPS Trust employee’s service rules. The candidates shall be considered for confirmation in the services of NPS Trust subject to satisfactory performance, verification of credentials and antecedents, verification of caste/tribe/class/disability (for reserved category candidates only) etc. and at the discretion of the Competent Authority at NPS Trust. The candidature of candidate shall remain provisional until his/her services are confirmed in NPS Trust.

Selection Procedure (Grade B)

Mode of selection shall be a three-stage process i.e. Phase I (on-line examination consisting of two papers of 100 marks each), Phase II (on-line examination consisting of two papers of 100 marks each) and Phase III (Interview). Full details are as below:

A. Phase I (On-Line Examination):

Paper	Subjects	Max. Marks	Duration (in minutes)
Paper 1	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 Reasoning	100	60
Paper 2	Multiple choice questions on Specialized subject related to stream.	100	40

Online Examination (Exam pattern)

Name of section	No. of questions	Duration ( in minutes)
English Language	20	Composite time of 60 minutes
Reasoning	20
General Awareness (including some questions related to Financial Sector)	20
Quantitative Aptitude	20
Total	80

Notes:

Phase I On-Line examination will be conducted in a single shift. The test will be bilingual (Hindi & English) except the test for English Language which will be in English only.
Candidates would need to secure separate cut-off in each test as well as aggregate cut-off marks (as decided by NPS Trust) in Phase I exam to be shortlisted for Phase II. Shortlisted candidates will be intimated the date and time for Phase II by e-mail and/or call letter and list of such candidates also will be made available on NPS Trust website.
There shall be negative marking (1/4th of marks assigned to the question) for marking incorrect answers in the Paper 1 in Phase I.

Phase II (On-Line Examination):

Paper	Subjects	Max. Marks	Duration (in minutes)
Paper 1	English (Descriptive Test)	100	60
Paper 2	Multiple choice questions on Specialized subject related to stream.	100	40

Notes:

Candidates shortlisted for Phase II exam will be issued new Call Letter
There shall be negative marking (1/4th of marks assigned to the question) for marking incorrect answers in the Paper 2 of Phase II.
There shall be a minimum cut-off for Paper 1 and Paper 2 of Phase II. Candidates would need to secure separate cut-off in each paper as well as aggregate cut-off marks in Phase II exam to be shortlisted for Phase III. The cut off marks for different streams for shortlisting candidates for Phase III shall be in relation to the number of vacancies.
Subject to the criteria mentioned above, candidates will be shortlisted in relation to the number of vacancies, in order of merit, for Phase III i.e. the interview. List of candidates shortlisted for interview will be made available on NPS Trust website.
All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English.

B. Phase III (Interview):

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

Particulars	Weightage (in %)
Marks obtained in Phase II online examination	50%
Work experience as mentioned in Section – III (Eligibility Criteria)	20%
Marks obtained in Interview	30%

Syllabus

Finance & Accounts

1. Financial Statements

i. Balance Sheet

ii. Cash flow statement

iii. Income Statement

2. Analysis of Financial Statements

3. Accounting Standards issued by ICAI

4. Standards on Auditing

5. Cost accounting concepts (basics)

i. Marginal costing

ii. Cost volume profit analysis

iii. Cost sheet

iv. Forecasting

v. Budget and Budgetary Control

6. Management Accounting

i. Cost of capital

ii. Capital structure

iii. Capital budgeting

iv. Sources of finance

7. Income Tax Act, 1961

8. GST

9. Accounting for nonprofit organizations and Trusts.

10. Financial modelling

11. Payroll Processing

12. FATCA / CRS compliances

13. Knowledge of Banking products

14. National Pension System, Atal Pension Yojana, Annuity Plans, Basics of investment

15. Others

Financial Markets: Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, Accounting of Primary and Secondary market instruments.
Financial Inclusion- use of technology
Alternate source of finance, private and social cost-benefit, Public-Private Partnership
Direct and Indirect taxes; Non-tax sources of Revenue, Finance Commission, Fiscal Policy
Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends.
Economics: Capital market, Money market, Micro and macroeconomics concepts and Updates related to money market and RBI policies.

Risk Management

Economics: Demand and Supply, Macro Economics, National Income, Public Finance, Determination of output and employment, Investment Function, Multiplier and Accelerator, Demand and Supply for Money, Inflation, Business Cycles, Inflation, Monetary and Fiscal Policy, restrictive v/s accommodating monetary policy, Banking Functions, Tax & Non-Tax Revenue, Direct & Indirect Taxes, Fiscal Balance, Public Debt, Public Budget and Foreign Trade and Balance of Payments, commercial and central banking, process of credit creation, role of central bank in economic development.

Financial Institutions and Markets: Market Model, Market Efficiency, Money/ Credit/Capital Markets, Primary Market, Secondary Market, Commodity Markets, Mutual Funds, Derivatives (types, uses and pricing of derivatives), Stock Exchanges, banking and non-banking institutions, Credit Rating Agencies, Pension and Insurance Markets, Foreign Exchange Markets, Role of International Financial Institutions, IMF & World Bank, Role of SEBI and IRDA in financial markets.

Statistics and Econometrics: Measures of Central tendency & dispersions, Correlation, Sampling methods, Sampling Distribution, Hypothesis testing, Regression Analysis, Operation research models, linear programming models in finance/manufacturing.

Commerce & Accountancy: Accounting as a financial information system, Revenue Recognition, Investments, Cash Flow Statement, Financial statement analysis.

Finance: Ratio analysis, WACC, Capital structure, NPV, IRR, CAPM, DCF, Market models, Investment ratios, valuation ratios, market efficiency, sensitivity analysis, scenario analysis.

Risk Management: Source and Evaluation of Risks, Risk Management Techniques, Risk Models (VAR, Stress Testing, Scenario Analysis), Credit Risk Management, Enterprise Risk Management, Operational Risk Management.

English Language

Reading Comprehensions
Para Jumbles
Para Completion
Vocabulary
Error Spotting
Sentence Improvement
Cloze test
Rearrangement of sentence

Quantitative Aptitude

Data Interpretation
Boats and Streams
Time and Work
Time, Speed, and Distance
Partnership
Mixtures and Alligation
Ages and Average
Profit and Loss
Percentage and Interest
Problems on Trains
Pipes and Cisterns
Area and Volume
Number Series
Linear equations
Quadratic equations
Data sufficiency

Reasoning

Machine Input Output
Puzzles
Seating Arrangement
Order and Ranking
Inequalities
Statement and Assumptions
Statement and Conclusion
Coding-Decoding
Cause and Effect
Statement and Argument
Venn Diagram/Syllogism
Blood Relation
Direction and Distance

NPS Grade B Course by Team BankExamsToday

Team BankExamsToday is offering is a full-fledged, comprehensive and systematic course for the preparation of NPS exams.

Course features

Daily video classes
Study Material
Live sessions
Unit tests
Special attention to Professional knowledge section from Day 1
5 full-length mock tests
Interview preparation guide

Call/WhatsApp - 9067201000

NPS Grade B Preparation Course.