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SEBI Grade A Exam Pattern 2026, Check Prelims & Mains Marking Scheme

Shipra Choudhary

Feb 17, 2026

SEBI Grade A 2026 Exam Pattern is structured into two phases as Phase 1 (Prelims) and Phase 2 (Mains). Both phases are conducted online and include objective-type questions. Prelims is a screening test comprising 2 papers, with a total of 200 marks. Candidates who qualify in Prelims proceed to Mains, which also includes 2 papers with a total of 200 marks. Paper 1 of Mains is descriptive in nature, testing the drafting skills of the candidates. The final selection is based on the combined marks of Mains exam and the interview round.

SEBI Grade A Phase-1 Exam Pattern 2026

Candidates must score an aggregate cut-off of 40% in SEBI Grade A 2026 Phase-1 to qualify for Phase 2. Additionally, ¼th of the mark will be deducted for each incorrect answer in both Paper 1 and Paper 2. Check the tale below for SEBI Grade A Phase-1 exam pattern 2026-

Papers Streams Subjects Maximum Marks Duration
Paper 1 All Streams General Awareness, English Language, Quantitative Aptitude, Reasoning. 100 60 minutes
Paper 2 General Stream Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics 100 40 minutes
Legal, IT & Official Language Stream subjects related topics 100 40 minutes
Research Stream Economics, Econometrics, Statistics, Finance, and Commerce 100 40 minutes

SEBI Grade A Phase-2 Exam Pattern 2026

SEBI Grade A 2026 Phase 2 consists of two papers. Paper 1 is descriptive, while Paper 2 consists of multiple-choice questions. Candidates must score an aggregate cut-off of 50% to be considered for the interview. Additionally, ¼th of the mark will be deducted for each incorrect answer in Paper 2. Candidates can check the table below for SEBI Grade A 2026 Phase-2 Exam Pattern-

Papers Streams Subjects Maximum Marks Duration
Paper 1 All Streams English (Descriptive Test) 100 60 minutes
Paper 2 General Stream Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics 100 40 minutes
Legal & Official Language Stream specialised subjects related topics 100 40 minutes
Research Stream Economics, Econometrics, Statistics, Finance, and Commerce 100 40 minutes
Information Technology Coding Test (Languages: C++ / JAVA / Python) 100 180 minutes

SEBI Grade A Interview 2026

Candidates who qualify SEBI Grade A 2026 Phase 2 will be eligible for the interview round. Phase 2 contributes to 85% of the final score, while the interview has a 15 % weightage in SEBI Grade A 2026. The following are the key areas focused on in the personality test round-

  • Technical Knowledge related to the specific streams
  • General awareness and current affairs
  • Personal attributes of the candidates
  • Communication skills and confidence
  • Reasoning ability

SEBI Grade A Exam Pattern 2026 FAQs

Ques: Is SEBI Grade A 2026 Phase 1 exam the same for all streams?

Ans: Yes, SEBI Grade A 2026 Paper 1 of Phase 1 is common for all streams, while Paper 2 differs according to the candidate’s chosen stream.

Ques: Is there negative marking in SEBI Grade A 2026 Phase 2?

Ans: Yes, SEBI Grade A 2026 Phase 2 has a negative marking of ¼ for each incorrect answer in Paper 2, while Paper 1 is descriptive and does not have negative marking.

Ques: What are the qualifying criteria for SEBI Grade A 2026 Exam?

Ans: Candidates must score the aggregate cut-off of 40% in Phase 1 and 50% in Phase 2 to qualify for the interview stage in SEBI Grade A 2026 recruitment.

Ques: Are SEBI Grade A 2026 papers stream-specific?

Ans: SEBI Grade A 2026 Paper 1 is common for all streams in both phases. Paper 2 of both Phase 1 and Phase 2 is stream-specific, testing knowledge relevant to the chosen stream, such as General, Legal, IT, Research, or Official Language.

Ques: What type of questions are asked in SEBI Grade A 2026 Phase 2 Paper 2 for IT stream?

Ans: SEBI Grade A 2026 Phase 2 Paper 2 for IT stream primarily consists of coding and technical questions, where candidates are expected to solve problems using programming languages like C++, Java, or Python.

*The article might have information for the previous academic years, please refer the official website of the exam.
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