SEBI Grade A Legal & Law Officer Exam - 2024, Exam Date, Apply Online
SEBI Grade A Legal Officer Recruitment 2024
SEBI or the Securities & Exchange Board of India has just announced the recruitment notification for Grade A vacancies in various streams. These include Legal, General, Information Technology, Research, and Official Language. The best news for aspirants is that almost 97 vacancies are up for grabs. This is the perfect time to start preparing for the SEBI Grade A Exam 2024 now that the notification was made public on June 11, 2024.
Regardless of whether this is your first, second, or third attempt, applicants should consider this to be a fantastic opportunity for both recent graduates and employed professionals. The road ahead for any SEBI hopeful may be fraught with a lot of challenges but with the right motivation and enough preparation, you’re bound to achieve your goal of becoming a SEBI Grade A Officer. The SEBI Grade A Notification 2024 for all streams—including Legal—is now available, and 5 of the 95 positions are for Legal Steam.
This greatly motivates recruits to prepare extra hard for the upcoming SEBI Grade A Exam. Candidates are also advised to be up to date on the information that they see on the SEBI notification. They need to be aware of any changes in the SEBI Grade A Exam Pattern and Syllabus for starters. Along with that, any information on the qualifications needed and other such details will be useful for aspirants looking to be a part of SEBI.
SEBI Grade A Legal Highlights 2024
| Conducting Authority | Securities and Exchange Board of India |
|---|---|
| Official Website | www.sebi.gov.in |
| Posts | Legal Stream |
| Mode of application | Online |
| Stages of Exam | Three Stages-
|
| Maximum marks & Time duration |
|
| SEBI Grade A 2024 Notification Release | June 11, 2024 |
| SEBI Grade A Online registration including Editing / Modification of Application by Candidates | June 11, 2024 to June 30, 2024 |
| SEBI Grade A Legal Phase 1 Exam Date | July 27, 2024 |
| SEBI Grade A Legal Phase 2 Exam Date | August 31, 2024 |
| SEBI Grade A Legal Vacancy | 5 |
| SEBI Grade A Legal Official Notification PDF 2024 | |
SEBI Grade A Legal Officer Notification 2024
After the recent release of the SEBI Grade A Notification, aspirants can check out the notification to know the details that they need to prepare. If you are eligible, you can apply online at https://www.sebi.gov.in/ , the official website for SEBI Grade A. The notification provides relevant details like the SEBI Grade A Exam Date and on other matters relating to the exam structure and more. It is a guide for aspirants looking to sit in the exam, which is why a lot of emphasis is placed on the notification. Which is why it is important to monitor the official SEBI website for any updates or modifications to the notification.
SEBI Legal Vacancy
With the announcement of 2024 SEBI Grade A Notification, candidates are curious to learn about the openings for various positions. As mentioned earlier, out of the 95 vacancies, 5 are for Legal Stream. Candidates must ensure to meet the SEBI Grade A Eligibility Criteria to apply for the position. The detailed breakdown of SEBI Grade A Legal 2024 vacancies is illustrated in the table below, providing insights into the distribution across various categories for your reference.
| Stream | vacancy |
|---|---|
| Legal | 05 |
How to Apply Online for the SEBI Legal Examination?
To apply for the SEBI Grade A Law Officer Recruitment 2024, simply follow these steps:
- Before you process your application, you should check the eligibility criteria mentioned in the notification. Make sure you meet the requirements including educational qualifications, age limit, and any other specified criteria.
- Go to the application portal by clicking on the SEBI website and click on ‘Apply Online’ to proceed further.
- Fill out the application form that pops up by providing your personal details, qualifications and contact details. Verify the details before submitting the form.
- As a part of the application process, you could be asked to upload some documents supporting your application like your educational certificates, identification proof, photograph, signature, and any similar documents. Keep scanned copies ready for uploading.
- Click further to make the online payment of the application fees. The payment can usually be made online through various modes such as credit card, debit card or even net banking. Follow the instructions and complete the payment process successfully.
- Once you have filled in the required details, uploaded the documents, and made the payment, and then verify everything from the documents you uploaded to your personal details entered. Then, submit the application form.
- After successfully submitting the application, take a printout of the completed application form for your reference.
SEBI Grade A Legal Application Fee
As per the norms established by SEBI, candidates must pay the application fee to be considered for the SEBI Grade A Legal Officer recruitment. Look at the table below to check the SEBI Grade A Legal Application Fee details.
| Category | Amount of Fee (Non-refundable) |
|---|---|
| Unreserved/ OBC/ EWSs | Rs. 1000/- as application fee cum intimation charges + 18% GST |
| SC/ ST/ PwBD | Rs. 100/- as intimation charges + 18% GS |
SEBI Legal Phase 1 Exam Pattern
SEBI Grade A Phase 1 for Legal consists of an objective online examination as per the previous year’s notification. The exam pattern for 2024 is expected to be released in the detailed notification. The online exam has two papers of 100 marks each. Paper 1 comprises multiple choice questions on subjects like General Awareness, English Language, Quantitative Aptitude, and Test of Reasoning. Paper 2 consists of multiple-choice questions (MCQs) based on the specialized subject. i.e., Legal in this case.
| Paper | Stream / Subject | Maximum Marks | Duration | Cut Off |
|---|---|---|---|---|
| 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 Test of Reasoning. | 100 | 60 minutes | 30% |
| Paper 2 | Legal: Multiple choice questions on Specialized subject related to stream. | 100 | 40 minutes | 40% |
| Aggregate Cut off | 40% | |||
- Both Paper 1 and Paper 2 carry a negative marking of 1/4th mark for every wrong answer.
- The paper is available in both English and Hindi, except for the test of English Language.
SEBI Legal Phase 2 Exam Pattern
SEBI Grade A pattern for Legal Phase 2 also consists of two papers carrying 100 marks each. Paper 1 is Descriptive English. Paper 2 consists of 70 multiple-choice questions and 3 descriptive-type questions based on the specialized stream, i.e., Legal. Like Phase 1, there are negative markings of 1/4th mark for every wrong answer.
| Paper | Stream / Subject | 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 minutes | ||||
| Aggregate Cut off | 50% | ||||
The paper is available in English as well as Hindi, except for the test of Descriptive English.
Interview
After qualifying for the SEBI Grade A Phase 2 exam, candidates will be called for the third and final stage of the recruitment process which is the Interview. Candidates can choose either Hindi or English as the medium of language for the Interview. The SEBI Legal interview is held for 11.25 marks. 25 % weightage of marks will also be given to post qualification, whereas the rest of the Interview will be given a weightage of 75 %. Overall, the SEBI Officer Grade A Phase 2 exam carries 85%, while marks obtained in the Interview shall be given a weightage of 15%.
| S. No. | Particulars | Weightage of Marks | Max Marks |
|---|---|---|---|
| 1 | Interview | 90% | 13.5 |
| 2 | Relevant Post Qualification Experience | 10% | 1.5 |
| Total | 100% | 15 | |
SEBI Grade A Legal Syllabus
Getting a clear idea of the complete syllabus will help you with the preparation plan and time management. The SEBI Grade A Legal exam has two phases of online exam with two papers in each phase that will contain various subjects like English Language, Reasoning, Quants, General Awareness & questions based on the Law subjects. So before you start your exam preparation, you should be well aware of the SEBI Grade A Legal syllabus.
SEBI Legal Phase 1 Paper 1 Syllabus
Phase 1 of SEBI Grade A Legal has two papers, where Paper 1 is an aptitude test and Paper 2 has questions from the specialized stream. SEBI Grade A Legal Phase 1 Paper 1 syllabus is as follows.
| Section | Topics |
|---|---|
| Quantitative Aptitude | Simplification and approximation, Number Series, Quadratic Equation, Number System / HCF & LCM, Ratio and Proportion, Average, Partnership, Ages, Percentage, Profit & Loss, Time, Speed & Distance, Problems on Trains, Boat and Stream, Time & Work / Pipes and Cisterns, Simple and Compound Interest, Mixture & Allegations, Permutation and Combination, Probability, Data Interpretation (DI), Caselet DI and Data Sufficiency |
| English | Grammar, Vocabulary, Reading Comprehension, Passage Making, Error Spotting, Jumble Words, Sentence Framing, Fill in the blanks |
| General Awareness | Monetary Policies, Banking and Financial Awareness, Economic Terms, Current Affairs, Static GK, Financial and Economic News, Government Schemes. Agreement & Deals, Banking Terms- rates & processes, National Institutions, BeePedia |
| Reasoning | Puzzles, Seating Arrangement- Circular, Square & Linear, Data Sufficiency, Directions and Distance, Coding Decoding, Blood relations, Inequality, Syllogism, Machine input and output, Verbal Reasoning, Ordering and Ranking, Arrangement and Pattern, Scheduling, Distance and Direction, Ranking |
SEBI Legal Phase 1 Paper 2 Syllabus
The Paper 2 syllabus of SEBI Grade A Legal Phase 1 & Phase 2 was modified as per last year’s SEBI Legal notification. So candidates can follow the same syllabus, until any changes are announced in the new notification. Both phases consist of questions from specialized subjects, as it is a stream-specific paper. The complete SEBI Grade A Officer syllabus for the Legal exam is as follows.
| Sl. No. | Subject | 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 –
| 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% |
SEBI Legal Phase 2 Paper 1 Syllabus
In SEBI Grade A Legal Phase 2, Paper 1 is an English Descriptive test where the candidates are assessed for their writing abilities. Candidates who possess good writing skills can count on this section to score some leading points. It usually includes essay writing, precis writing, and reading comprehension. The complete SEBI Grade A Phase 2 syllabus is given below.
| Descriptive Type |
|---|
| Essay Writing |
| English Comprehension & Precis Writing |
SEBI Legal Phase 2 Paper 2 Syllabus
Candidates can refer to the table below to check how the SEBI Grade A Legal exam syllabus has been modified. Some topics have been shifted from Phase 1 to Phase 2, and the weightage of some topics in the exam has also been changed. For example, Corporate Law and Securities Law have been removed from the SEBI Legal Phase 1 exam syllabus. Kindly refer to the table below for the rest of the details.
| Sl. No. | Subject | Weightage |
|---|---|---|
| 1. | Criminal Law –
| 30% |
| 2. | Law of Evidence – Indian Evidence Act, 1872 | |
| 3. | Corporate Laws –
| 30% |
| 4. | Securities Laws –
| 40% |
SEBI Grade A Legal Books
Once you’ve looked over the entire SEBI Grade A syllabus, the next step is gathering the resources you need to study effectively. There are many useful books that provide important information for aspirants. Candidates can use these books, which have been compiled by experts at ixamBee, to help them prepare. You can find some of the recommended SEBI Grade A Legal books here.
| Paper | Book | Author/Publisher |
|---|---|---|
| Legal | Constitution | Laxmikanth |
| Indian Penal Code | K.D Gaur | |
| Code of Criminal Procedure | R.V kelkar | |
| Law of Evidence | Avtar Singh | |
| Code of Civil Procedure | C.K Takwani | |
| Contract Act | Avtar Singh/ R K Bangia | |
| Transfer of Property Act | Avatar Singh |
SEBI Grade A Legal Exam Dates 2024
The SEBI is out with a short notification for Grade A Assistant Manager post and it gives important information such as the number of available positions and the basic requirements to apply for the exam. Candidates are advised to stay updated for the detailed notification which will include the SEBI Grade A Exam Dates and other important information for the upcoming recruitment process.
SEBI Grade A Legal Exam Dates 2024
| Activity | Important Dates |
|---|---|
| SEBI Grade A 2024 Notification Release | June 11, 2024 |
| SEBI Grade A Online registration including Editing / Modification of Application by Candidates | June 11, 2024 to June 30, 2024 |
| SEBI Grade A Legal Phase 1 Exam Date | July 27, 2024 |
| SEBI Grade A Legal Phase 2 Exam Date | August 31, 2024 |
SEBI Grade A Legal Phase 1 Examination Centres
| SEBI Grade A Legal Phase 1 Exam Centres | ||
|---|---|---|
| Agartala | Hyderabad/ Rangareddy | New Delhi/NCR |
| Ahmedabad/ Gandhinagar | Indore | Panaji |
| Aizawl | Jaipur | Patna |
| Bengaluru | Kanpur | Prayagraj |
| Bhopal | Kochi/ Ernakulam | Pune |
| Bhubaneswar | Kohima | Raipur |
| Chandigarh/ Mohali | Kolkata/ Greater Kolkata | Ranchi |
| Chennai | Lucknow | Shillong |
| Chhatrapati Sambhajinagar (Aurangabad) | Madurai | Silchar |
| Coimbatore | Meerut | Siliguri |
| Dehradun | Mumbai/Greater Mumbai/Navi Mumbai/Thane/MMR region | Surat |
| Guwahati | Muzzafarpur | Vijayawada |
| Haldwani | Nagpur | Vishakhapatnam |
| Hubli – Dharwad | Naharlagun | |
SEBI Grade A Legal Phase 2 Examination Centres
| SEBI Grade A Phase 2 Exam Centres | ||
|---|---|---|
| Agartala | Hyderabad | Noida |
| Ahmedabad | Indore | Panaji |
| Bengaluru | Guwahati | Patna |
| Bhilai | Jaipur | Pune |
| Bhopal | Kochi | Ranchi |
| Bhubaneswar | Kolkata | Silchar |
| Chandigarh/Mohali | Lucknow | Thiruvananthapuram |
| Chennai | Mumbai/Greater Mumbai/Navi Mumbai/Thane/MMR region | Varanasi |
| Chhatrapati Sambhajinagar (Aurangabad) | Nagpur | Vijayawada |
| Dibrugarh | New Delhi/NCR | |
SEBI Grade A Legal Eligibility Criteria 2024
SEBI Grade A is a highly popular job opportunity for all kinds of graduates and those looking for a successful career. Before applying, candidates should make sure they meet the eligibility requirements for the position. To qualify for the SEBI Grade A Legal stream, candidates must carefully review the entire SEBI Grade A eligibility criteria.
SEBI Grade A Legal Educational Qualifications
To apply for the post of SEBI Grade A Officer under the Legal stream, one should complete certain educational qualifications to be eligible. Further details on the SEBI Grade A Law Officer qualification are given below.
| Stream | Educational Criteria | Desirable Experience |
|---|---|---|
| Legal | Bachelor’s Degree in Law from a recognized University/ Institute. | 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). |
SEBI Grade A Legal Age Criteria
Candidates who want to apply for the SEBI Grade A post in the Legal stream must be within the specified age limit. For the SEBI Grade A Officer Recruitment, the maximum age limit is 30 years, as mentioned in the official SEBI Legal notification. Eligible candidates may receive age relaxation according to Government rules. The SEBI Grade A age eligibility criteria details are provided below.
| Name of the Post | Age Criteria |
|---|---|
| Legal (Grade A) | A candidate must not have exceeded the age of 30 years March 31, 2024 i.e., candidate must have been born on or after April 01, 1994. |
SEBI Grade A Legal Age Relaxation
SEBI provides relaxation in the upper age limit to the candidates belonging to the reserved categories. The age relaxation differs for each category. Please refer to the table below for more information on the age relaxation criteria.
| Category | Age Relaxation | |
|---|---|---|
| OBC (Non-Creamy Layer) | 03 Years | |
| SC/ST | 05 Years | |
| 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 March 31, 2024) | 05 Years | |
| PwBD (Persons with Benchmark Disabilities) | General | 10 Years |
| OBC | 13 Years | |
| SC/ST | 15 Years | |
SEBI Grade A Legal Officer Salary 2024
SEBI is a big organization that offers a good salary to its Grade A Officers. Besides the salary, they also get various benefits like travel allowance, medical coverage, eye check-ups, education support, financial newspapers, book allowance, and more. You can find the full details of the SEBI Grade A Salary for the Legal Stream below.
| Post | Salary |
|---|---|
| Grade A Officer (Assistant Manager) |
|
SEBI Grade A Legal Job Profile
All candidates selected as SEBI Grade A Legal Officers must serve two years’ probation before becoming permanent employees. And the employees will be allowed to continue their services in SEBI as Assistant Managers, only after this probation period is successfully completed. A SEBI Grade A Legal Officer posting can be anywhere in the country wherever the offices of SEBI exist. The SEBI Grade A job profile and responsibilities are as follows.
- Looking after the legal issues of SEBI.
- Approving and amending stock exchange byelaws.
- Inspecting accounts of stock exchanges and various players.
- Inspecting accounts of stock exchanges and various players.
- Identifying and investigating any malpractices within the securities market.
- Taking steps for increasing the Investor’s knowledge of the securities market.
- Suspending security trading of a stock exchange.
- Granting and withdrawing recognition of a stock exchange.
SEBI Grade A Legal Previous Year Cut-off
It is always a good point to refer to the previous year’s cut-offs, to get an overall idea about the exam level. It can help you understand how tough the SEBI Grade A exam is and how much you need to study for it. Check the SEBI Grade A cutoff from previous years below.
SEBI Recruitment of Officer Grade ‘A’ (Assistant Manager) Legal Stream 2023 Results of Phase II exam held on September 17, 2023
| Legal Stream | SC | ST | OBC (NCL) | EWS | UR | PwBD (B & LV)* | PwBD (ID, MD, etc.)*/th> |
|---|---|---|---|---|---|---|---|
| Number of Vacancies | 3 | 2 | 7 | 2 | 11 | ||
| Candidates required forPhase III (Three timesthe vacancies) | 9 | 6 | 21 | 6 | 33 | ||
| Number of candidates shortlisted for Phase III(Interview) | 11** | 6 | 21 | 6 | 33 | ||
| Minimum aggregate marks obtained byshortlisted candidates | 59.5 | 56.84 | 61.66 | 61.16 | 65.5 | 53.33 | 52.83 |
*Earmarked from Unreserved Category. **The last three candidates have obtained the same minimum aggregate marks; hence, they all have been shortlisted.
Cut-offs applied on Papers
| ALL CATEGORIES | PAPER 1 (100) | PAPER 2 (70+30) | Total Weighted Score (TWS) (100) |
| 30 (30%) | 40 (40%) | 50 (50%) | |
| Weightage | 1/3rd | 2/3rd | |
| Criteria as mentioned in the Advertisement: Candidates needs to secure separate cut-off in each paper as well as aggregate cut-off marks of 50% in 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 same, candidates equaling three (03) times the number of vacancies were shortlisted for Phase III, in order of merit. | |||
Minimum marks secured by the last selected candidate category-wise –
| Unreserved | OBC (NCL) | EWS | SC | ST | PwBD (B & LV) | PwBD (ID, MD, etc.) /th> |
|---|---|---|---|---|---|---|
| 69.61 | 64.01 | 62.33 | 63.70 | 61.83 | 50.33 | No candidate selected |
–
SEBI Grade A 2022 Phase 2 Cut off
| Stream | Category | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| SC | ST | OBC(NCL) | EWS | UR | PwBD (ID & MD) | PwBD (VI) | PwBD (HI) | PwBD (LD) | |
| Legal | 64.00 | 52.00 | 63.67 | 66.34 | 67.67 | # | 55.00 | – | – |
| # No Candidates qualified | |||||||||
| – No Vacancy | |||||||||
| $ Cut off kept at par with UR category | |||||||||
| @ No candidate appeared | |||||||||
SEBI Grade A 2022 – Minimum marks obtained by selected candidates
| Unreserved | OBC (NCL) | EWS | SC | ST | PwBD (VI) | PwBD (ID & MD) |
|---|---|---|---|---|---|---|
| 69.08 | 63.82 | 63.64 | 65.22 | 58.64 | 57.25 | No candidate qualified |
SEBI Grade A Legal Free Mock Tests
SEBI announces job openings for different Grade A positions, including Law Officers. A key strategy to do well in these exams is to practice SEBI Grade A Legal Free Mock Tests. Regularly taking these mock tests helps you become faster, improve your scores, and feel more confident about the exam. You can improve accuracy as you will be exposed to a variety of questions of different difficulty levels. So it’s highly suggested to try these mock tests, without fail. You can find these useful mock tests on the ixamBee platform after a simple registration, which gives you a valuable tool for preparing for your SEBI Grade A Legal exam.
SEBI Grade A Legal Previous Year Papers
SEBI Grade A (Legal) exam preparation can be initiated with a thorough review of SEBI Grade A Legal previous years’ question papers to grasp the exam’s format. ixamBee has developed a comprehensive collection of SEBI Grade A Previous Year Papers, accompanied by detailed solutions and explanations by our experts after thorough research and analysis. These papers will offer valuable insights into the exam’s question types, aiding your understanding of the SEBI Grade A examination structure.
SEBI Grade A Legal Online Course
If you’re eligible for the SEBI Grade A Legal job, ixamBee has a SEBI Grade A Legal Online Course for you. This course is designed to help you prepare effectively and stay ahead of others. It includes live classes where you can discuss and clear your doubts with experts, along with useful study materials. You can try out the free demo of the SEBI Grade A Legal course to see the quality of our content. To access this course, you just need to register with ixamBee. We can assure you SEBI Grade A online course will guide you in the best possible way.
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