SEBI Grade A 2024

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Sr. no Topics Covered Box
1 SEBI Grade A 2024 Legal Notification Details
2 SEBI Grade A 2024 Legal Vacancies
3 SEBI Grade A 2024 Legal Exam Dates
4 Eligibility of SEBI Grade A 2024 Legal
5 Exam Pattern of SEBI Grade A 2024 Legal
6 Previous Year Papers of SEBI Grade A Legal
7 Syllabus of SEBI Grade A 2024 Legal
8 Salary of SEBI Grade A Legal Officer
9 Comprehensive Course to Crack SEBI Grade A Legal

SEBI Grade A 2024 Legal Notification Details

SEBI will release the notification for SEBI Grade A 2024 Legal posts soon. We advise candidates to check the official website of SEBI for latest updates related to notification.

How many vacancies have been announced?

The exact number of vacancies will be updated here once the official notification from SEBI is out.

What are the Examination Dates of SEBI Grade A 2024 Legal Exam?

The exam dates for SEBI Grade A 2024 Legal will be updated here once the official notification from SEBI is out.

What is the Pattern for SEBI Grade A 2024 Legal Exam?

SEBI Grade A Legal  officers will be recruited through a 3-stage recruitment process –

Phase 1 Examination :(Preliminary exam)

Phase 2 Examination : (Mains exam)

Interview

Phase 1 Pattern:

Paper Streams/ Subjects Maximum Marks Duration Cut off
Paper 1 Multiple choice questions on the subjects viz. General Awareness (including some questions related to the Financial Sector of easy to moderate difficulty level), English Language, Quantitative Aptitude and Test of Reasoning. 100 60 Minutes 30%
Paper 2 Multiple choice questions on Specialized subject related to stream. 100 40 Minutes 40%
Aggregate Cut-off 40%
  • There shall be negative marking (1/4th of marks assigned to the question) for Paper 1 and Paper 2 in Phase I.
  • There shall be a cut-off of a minimum of 30% marks for Paper 1 (no sectional cut-off shall be there) and a cut-off of a minimum of 40% marks 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 the Phase I exam to be shortlisted for Phase II. Marks obtained in Phase I shall be used only for shortlisting the candidates for the Phase II examination process and will not be counted for the final selection of the candidates.
  • All the candidates who clear Phase I shall be shortlisted for Phase II. A list of candidates shortlisted for Phase II will be made available on the SEBI website.

Phase 2 Pattern:

The Phase 2 examination of SEBI Grade A Legal consists of 2 papers of 100 Marks each.

Paper Streams/ Subjects Maximum Marks Duration Cut off Weightage
Paper 1 English (Descriptive Test) to test the drafting skills 100 60 Minutes 30% 1/3rd
Paper 2 70 Multiple choice questions of one mark each on Specialized subject related to stream 100 60 Minutes 40% 2/3rd
3 Descriptive Questions of 10 marks each on Specialized subject related to stream (Answers to be typed with the help of the keyboard. Candidates opting to type the answers in Hindi, may type with the help of either: (i) Inscript or (ii) Remington (GAIL) keyboards layout 60 Minute
Aggregate Cut-off 50%
  • Candidates shortlisted for Phase II will be issued new Hall Tickets.
  • There shall be negative marking (1/4th of marks assigned to the question) for Multiple Choice Questions (MCQs) of Paper 2 in Phase II.
  •  There shall be a cut-off of a minimum of 30% marks for Paper 1 and a cut-off of a minimum of 40% marks for Paper 2 in Phase II. 
  • Candidates would need to secure separate cut-off in each paper as mentioned at (iii) above as well as aggregate cut-off marks of 50% in the Phase II exam (weightage of 1/3rd for Paper 1 and 2/3rd for Paper 2) to be shortlisted for Phase III.
  • Subject to the criteria mentioned at (iv) above, candidates equaling 3 times the number of vacancies shall be shortlisted, in order of merit, for Phase III i.e. the Interview. A list of candidates shortlisted for Interview will be made available on the SEBI website.

Phase 3 Details:

The details of Phase III of the SEBI Grade A Legal examination are as follows.

✅ Only the shortlisted candidates of Phase II will be called for an interview. Candidates may opt for interview either in Hindi or English. The weightage of marks obtained in Phase II will be 85%, while marks obtained in the interview shall be given a weightage of 15%. However, due weightage up to a maximum of 1.5 marks (i.e. 10% of 15) will be given to candidates with relevant post-qualification experience as mentioned above.

✅ The details of the weightage of marks during the interview are as indicated below:

S.No. Particulars Weightage of Marks Max Marks
1 Interview 90% 13.5
2 Relevant Post Qualification Experience 10% 1.5
Total 100% 15
✅ Only those candidates who fill in details of relevant post qualification experience while filling out the online application form shall be considered for awarding due weightage marks during the interview.

What is the Eligibility for SEBI Grade A Legal Examination?

Eligibility criteria for SEBI Grade A Legal examination is as follows:

Age Limits

(As on 31 May 2024) – A candidate must not have exceeded the age of 30 years.

Relaxation in Age Limit –

  • Up-to 3 years for OBC candidates (Non-Creamy Layer)
  • Up-to 5 years for SC/ST candidates
  • Up-to 10 years for PwBD (UR), 13 years for PwBD (OBC) and 15 years for PwBD (SC/ST)
  • Up-to 15 years for PwBD (SC/ST) candidates
  • Up-to 13 years for PwBD (OBC) candidates
  • Up-to 5 years for Ex-servicemen

Minimum Education Qualification

Officers in Grade ‘A’ (General Stream)

  • Mandatory Qualification: 

Bachelor’s Degree in Law from a recognized University/Institute 

  • Desirable Experience:

Two years post qualification experience as an Advocate (including as an associate in an Advocate’s or Solicitor’s Office or Law firm) after being enrolled under the Advocates Act, 1961 (25 of 1961) shall be a desirable qualification.

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What is the Syllabus of the SEBI Grade A Legal Examination?

Phase 1 Paper 1 Syllabus:

The exact syllabus of Phase 1 Paper 1 is not provided in the notification. The below topics have been listed on the basis of the previous year papers of the SEBI Grade A exam.

✅ Reasoning

1. Alphabetical, Alphanumeric Series
2. Coding & Decoding
3. Syllogism
4. Direction Sense
5. Inequality
6. Ranking
7. Blood Relation
8. Seating Arrangement
9. Puzzles
10. Machine Input Output
11. Statement – Assumption
12. Statement – Course of Action
13. Cause and Effect
14. Statement Argument
15. Statement Conclusion
16. Data Sufficiency

✅ Quantitative Aptitude

1. Percentage
2. Profit & Loss, Discount
3. Ratio & Proportion
4. Simplification
5. Simple & Compound Interest
6. Time & Work
7. Pipes & Cistern
8. Number Series
9. Time Speed & Distance, Trains, Boats
10. Mixture
11. Average
12. Ages
13. Partnership
14. Area, Volume
15. Probability
16. Data Interpretation
17. Quadratic Equation
18. Number System
19. Quantity Comparison
20. Data Sufficiency

✅ English

1. Grammar
2. Error Spotting
3. Sentence Improvement
4. Comprehension Ability
5. Comprehension passage
6. Cloze Test
7. Rearrangement
8. Para Jumbles
9. Double Fillers
10. Vocabulary – Synonyms, Antonyms, One-word Substitution, Phrasal Verbs

✅ General Awareness

1. National News: MoUs, summits and major events related to India.
2. International: Summits, Conferences held abroad.
3. Financial & Economics News
4. Financial Awareness: RBI and SEBI Notification and Regulations
5. Defence: Military exercises, drills and major updates related to the defence sector of India
6. Days in News: Major events or days, along with its date, and theme
7. Persons in News: Obituaries, appointments, retirements
8. Sports: Major tournaments and its winners
9. Science, Technology and Space
10. Awards and honours
11. Environment
12. Banking, Economy related news
• Reports and Government Schemes
13. Books and Authors
14. Static GA – Chief Ministers and Cabinet Ministers, National Parks and Sanctuaries, Organisations’ Headquarters, Banks’ Headquarters and Taglines, Power Plants in India, Indian Dance Forms, Countries’ Capitals and their Currencies.

Phase 1 Paper 2 Syllabus

S.No. Subject Weightage
1 Constitution of India (Preamble, Part I, Part III, Part IV, Part IVA, Part V, Part VI, Part VIII, Part IXA, Part IXB, Part XI) 20%
2 Contract Law – o Indian Contract Act, 1872; o Sale of Goods Act, 1930; o Indian Partnership Act, 1932; o Specific Relief Act, 1963. 25%
3 Code of Civil Procedure, 1908 (Part I, Part II, Part III, Part IV, Part V, Part VII, Schedule I) 25%
4 Transfer of Property Act, 1882 (Chapter III, Chapter IV, Chapter V)
5 Arbitration and Conciliation Act, 1996 (Part I)
6 The Limitation Act, 1963
7 Administrative Law 20%
8 Jurisprudence and Interpretation of Statutes
9 Important Latin terms and maxims
10 Law of Torts and Consumer Protection Act, 2019 10%

Phase 2 Paper 2 Syllabus:

S.No. Subject Weightage
1 Criminal Law – Indian Penal Code, 1860 (Chapter I, Chapter II, Chapter III, Chapter IV, Chapter V, Chapter VA, Chapter VI, Chapter IX, Chapter XVII, Chapter XXI, Chapter XXII, Chapter XXIII); Code of Criminal Procedure, 1973. 30%
2 Law of Evidence – Indian Evidence Act, 1872
3 Corporate Laws Companies Act, 2013; Limited Liability Partnership Act, 2008; Insolvency and Bankruptcy Code, 2016 (Part I, Part II). 30%
4 Securities Laws – Securities Contracts (Regulation) Act, 1956; Securities and Exchange Board of India Act, 1992; Depositories Act, 1996; Securities and Exchange Board of India (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995; Securities Appellate Tribunal (Procedure) Rules, 2000; Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003; Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011; Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015; Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018; Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. 40%

What is the Salary of a SEBI Grade A Legal Officer?

Pay Scale

  • The pay scale of officers in Grade A is ₹44500 – 2500(4) – 4500 – 2850 (7) – 74450 – EB – 2850(4) – 85850 – 3300(1)-89150 (17 years).
  • Presently, the gross emolument including SEBI’s Contribution towards National Pension Scheme (NPS), Grade Allowance, Special Allowance, Dearness Allowance, Family Allowance, Local Allowance, Learning Allowance, Special Grade Allowance, Special Compensatory Allowance, etc. at Mumbai at the minimum of this scale is approx. ₹1,49,500/- p.m. without accommodation and ₹1,11,000/- p.m. 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.

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