SEBI Officer Grade-A Phase-I 2018 Exam Review & Analysis: 17th November

SEBI Grade-A Phase-I 2018 Exam Analysis:

Dear Aspirants,

Today (17th November) was the SEBI Grade-A Phase-I 2018 Examination. It’s time for aspirants to check the exam analysis and review of SEBI Grade-A Phase-I Exam.
The exam was an online objective test 5 sections- Quantitative Aptitude, Reasoning Ability, English Language, General Awareness and Securities Market. Each section had 40 questions and the exam was for 120 minutes. Candidates have to clear the sectional cut-offs along with the cut off for the overall phase-I exam to be able to pass to the next phase of SEBI’s recruitment process.  The level of Today’s exam was Easy to Moderate. 
English Language  23-25
Reasoning Ability 28-33
Quantitative Aptitude 25-30
General Awareness 24-28
Securities Market 21-27
TOTAL 124-137


The level of quantitative aptitude was easy to moderate. There were 4 sets of DI. With good accuracy, candidates can easily secure good marks in this section. Following are the DI types asked in this exam:
  • Double Pie Chart
  • Bar Graph 
  • Caselet 
  • Tabular DI
The questions were:
Topic No. of Questions Level
Data Interpretation  20 Moderate
Missing Number Series 5 Moderate
Approximation 5 Easy
Miscellaneous 10 Moderate
Total 40 Easy-Moderate


The Paper was of easy to moderate level. There were two sets of reading comprehension with approx 6 questions in each set. The set of questions with the RC also include one or two questions based on vocabulary i.e. identifying synonym and antonym. The passages of the reading comprehensions were based on i) Small, Large and Medium Enterprises and ii) the other RC was on an article related to Education.

Along with the conventional error detection questions, there were also a few questions of a new type of error detection wherein few sentences or a short paragraph was given with some parts of it marked as bold; the question stated that the bold part was error-free and the candidates had to identify the error from the part that was not highlighted as bold.

There were also questions of fillers but not the word filler, rather they were sentence-completion based fillers and along with this, there were also a few questions where candidates were given a set of sentences and had to identify which among those did not fit in a general context which other sentences in that question were catering to.

Topic No. of Questions Level
Reading Comprehension  12 Moderate
Cloze Test 5 Easy
Identifying odd one out – sentences 5 Moderate
Error Detection 8 Moderate
Word Usage 5 Moderate
Sentence Completion based Filler 5  Moderate
Total 40 Moderate


The level of reasoning was easy to moderate. Following were the questions of puzzles and seating arrangement:
  • Floor Based Puzzle, 2 variables
  • Order & Ranking based Puzzle- arrangement of 6 ropes of varying lengths and different colours
  • Circular Seating Arrangement + Blood Relation, 7 people to be arranged to sit in a circle facing towards the centre
  • Linear Seating Arrangement, single line and 10 people
The questions were:

Topic No. of Questions Level
Sitting Arrangement and Puzzles 
Coding Decoding

5 Easy
Blood Relation
Direction Sense
Logical Reasoning
40 Easy-Moderate


This section had 40 questions and the level of the questions asked was easy to moderate. Most of the questions in this section were covering the current affairs and news of October and September Months. As per the review that was given by students who appeared for this exam, there were only a few Questions from Static awareness and Banking Awareness and those too were of the do-able level. 


This section had questions from the Capital Market related to shares and debentures, mutual funds, SEBI and its function etc. The level of questions asked was very basic thus easy. Most of the questions were directly from the definition of terms related to the security market. Few of the topics were- Regulation Acts, Committee, Commercial Papers, Depository Acts. Contracts. Foreign Commercial Bond, Firm Contract Cost Proposal, Securities Appellate Tribunal etc.
All the best for upcoming exams!!


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