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.
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 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 |
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-
| Relevant Links | |
|---|---|
| SEBI Grade A Eligibility | SEBI Grade A Application Process |
| SEBI Grade A Admit Card | SEBI Grade A Syllabus |
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.
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