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, GeneralInformation TechnologyResearch, 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 short notification was made public on March 14, 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 97 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 AuthoritySecurities and Exchange Board of India
PostsLegal Stream
Mode of applicationOnline
Stages of Exam

Three Stages-

  • Phase 1- Online screening examination consisting of two papers of 100 marks each
  • Phase 2- Online examination consisting of two papers of 100 marks each
  • Phase 3- Personal Interview
Maximum marks & Time duration
  • Phase 1-
    • Paper 1- 100 marks, 60 minutes
    • Paper 2 – 100 marks, 40 minutes
  • Phase 2-
  • Paper 1 (Descriptive)- 100 marks, 60 minutes
  • Paper 2 (MCQs & Descriptive Questions)- 100 marks, 60 minutes (each MCQs & Descriptive Questions)
  • Phase 3 (Interview)- Weightage for Phase 2 is 85% and that for Interview is 15%
SEBI Grade A 2024 Notification ReleaseMarch 14, 2024
SEBI Grade A Online registration including Editing / Modification of Application by CandidatesApril 13, 2024
SEBI Grade A Legal Phase 1 Exam Date To be notified later
SEBI Grade A Legal Phase 2 Exam Date To be notified later
SEBI Grade A Legal Vacancy5
SEBI Grade A Legal Official Notification PDF 2024

SEBI Grade A Legal Officer Notification 2024

Since the release of the SEBI Grade A Notification, aspirants can check out the notification to know the details that they needed. If you are eligible, you can apply online at , the official website for SEBI Grade A. The notification provides relevant details like the SEBI Grade A Exam Date and other details relating to the exam structure and more. It is a guide for aspirants looking to sit the exam, which is why a lot of emphasis is placed on the notification. As the application process progresses, candidates should continue to monitor the official SEBI website for any updates or modifications to the notification.

SEBI Legal Vacancy

As the 2024 SEBI Grade A Notification is out, candidates are curious to learn about the openings for various positions. As mentioned earlier, out of the 97 vacancies, 5 are for Legal Stream. Candidates must 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.


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.

CategoryAmount of Fee (Non-refundable)
Unreserved/ OBC/ EWSsRs. 1000/- as application fee cum intimation charges + 18% GST
SC/ ST/ PwBDRs. 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.

PaperStream / SubjectMaximum MarksDurationCut Off
Paper 1Multiple 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.10060 minutes30%
Paper 2Legal: Multiple choice questions on Specialized subject related to stream.10040 minutes40%
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.

PaperStream / SubjectMaximum MarksDurationCut OffWeightage
Paper 1English (Descriptive Test) to test the drafting skills10060 minutes30%1/3rd
Paper 270 Multiple choice questions of one mark each on Specialized subject related to stream10060 minutes40%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% 

Like Phase 1, there are negative markings of 1/4th mark for every wrong answer.

The paper is available in English as well as Hindi, except for the test of Descriptive English.


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 13.5 marks. 10% weightage of marks will also be given to post qualification, whereas the rest of the Interview will be given a weightage of 90%. 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.ParticularsWeightage of MarksMax Marks
2Relevant Post Qualification Experience10%1.5

SEBI Grade A Legal Syllabus

The SEBI Grade A Legal exam has two phases of online exam with two papers in each phase that will contain various subjects such as English Language, Reasoning, Quants, General Awareness & questions based on the Law subjects. Before you start your exam preparation, you should be 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.

Quantitative AptitudeSimplification 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
EnglishGrammar, Vocabulary, Reading Comprehension, Passage Making, Error Spotting, Jumble Words, Sentence Framing, Fill in the blanks
General AwarenessMonetary 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
ReasoningPuzzles, 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. Until any changes are announced in the new notification, candidates should follow the same syllabus. Both phases comprise 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.SubjectSubject 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%

Contract Law –

  • Indian Contract Act, 1872
  • Sale of Goods Act, 1930
  • Indian Partnership Act, 1932
  • Specific Relief Act, 1963.
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 Law20%
8.Jurisprudence and Interpretation of Statutes
9.Important Latin terms and maxims
10.Law of Torts and Consumer Protection Act, 201910%

SEBI Legal Phase 2 Paper 1 Syllabus

In SEBI Grade A Legal Phase 2, Paper 1 is an English Descriptive test that tests the candidates’ writing skills. This test evaluates the writing ability of candidates. 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

Please 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 altered. 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.SubjectWeightage

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.
2.Law of Evidence – Indian Evidence Act, 1872

Corporate Laws –

  • Companies Act, 2013;
  • Limited Liability Partnership Act, 2008;
  • Insolvency and Bankruptcy Code, 2016 (Part I, Part II).

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.

SEBI Grade A Legal Books

After checking the complete SEBI Grade A syllabus, the subsequent step is collecting the resources for effective preparation. There are a number of highly relevant books that act as a central source of information for aspirants. Candidates can take the help of these books compiled by experts at ixamBee for their preparation. Check out the SEBI Grade A Legal books here.

Indian Penal Code K.D Gaur
Code of Criminal Procedure R.V kelkar
 Law of EvidenceAvtar Singh
Code of Civil ProcedureC.K Takwani
Contract Act Avtar Singh/ R K Bangia
Transfer of Property ActAvatar Singh

SEBI Grade A Legal Exam Dates 2024

The SEBI Grade A 2024 notification has been released and it provides some of the basic details, like the vacancies and basic eligibility criteria for the exam. Aspirants are encouraged to stay up to date for the more detailed notification as it will carry the SEBI Grade A Exam Dates and other details relevant for the recruitment process.

SEBI Grade A Legal Exam Dates 2024

ActivityImportant Dates
SEBI Grade A Legal Online Registration and Payment of Online Fees/Intimation ChargesTo be notified later
SEBI Grade A Legal Phase 1 Exam Date To be notified later
SEBI Grade A Legal Phase 2 Exam Date To be notified later

SEBI Grade A Legal Phase 1 Examination Centres

SEBI Grade A Legal Phase 1 Exam Centres
AgartalaHyderabad/ RangareddyNew Delhi/NCR
Ahmedabad/ GandhinagarIndorePanaji
BhopalKochi/ ErnakulamPune
Chandigarh/ MohaliKolkata/ Greater KolkataRanchi
Chhatrapati Sambhajinagar (Aurangabad)MaduraiSilchar
DehradunMumbai/Greater Mumbai/Navi Mumbai/Thane/MMR regionSurat
Hubli – DharwadNaharlagun 

SEBI Grade A Legal Phase 2 Examination Centres

SEBI Grade A Phase 2 Exam Centres
ChennaiMumbai/Greater Mumbai/Navi Mumbai/Thane/MMR regionVaranasi
Chhatrapati Sambhajinagar (Aurangabad)NagpurVijayawada
DibrugarhNew Delhi/NCR 

SEBI Grade A Legal Eligibility Criteria 2024

SEBI Grade A is a highly popular job opportunity for graduates and those looking for a thriving career. Any candidates willing to apply for the same should first ensure they are eligible for the post. To be eligible for the SEBI Grade A Legal stream, candidates need to go through the complete 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 possess certain educational qualifications to be eligible. Further details on the SEBI Grade A Law Officer qualification are given below.

StreamEducational CriteriaDesirable Experience
LegalBachelor’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

All candidates interested in applying for the post of SEBI Grade A in the Legal stream should be within the prescribed SEBI Grade A age limit. For the SEBI Grade A Officer Recruitment, the maximum age limit is 30 years, as on the date mentioned in the official SEBI Legal notification. As per the Government rules, there will be age relaxation provided for eligible candidates. The details of the SEBI Grade A age eligibility criteria are given below.

Name of the PostAge Criteria
Legal (Grade A)A candidate must not have exceeded the age of 30 years

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.

CategoryAge Relaxation
OBC (Non-Creamy Layer)03 Years
SC/ST05 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 December 31, 2021)05 Years
PwBD (Persons with Benchmark Disabilities)General10 Years
OBC13 Years
SC/ST15 Years

SEBI Grade A Legal Officer Salary 2024

Being a large organization, SEBI provides an attractive remuneration to its employees working as Grade A Officers. Apart from an attractive salary, SEBI Grade A Officer facility also include several other benefits such as Leave Fare Concession, Medical Expenses, Eye Refraction, Education Allowance, Financial Dailies, Book Grant, etc. Check out the complete SEBI Grade A Salary for Legal Stream from below.

Legal Grade A Officer (Assistant Manager)
  • Pay Scale – Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years).
  • Salary – Rs. 1,49,500/- per month (without accommodation) and Rs. 1,11,000/- monthly (with accommodation)
  • Benefits – 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

SEBI Grade A Legal Job Profile

All candidates selected as SEBI Grade A Legal Officers must serve two years’ probation before becoming permanent employees. Only after this probation period will employees be allowed to continue their services in SEBI as Assistant Managers. 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 good to refer to the previous year’s cut-offs, to get an idea about the exam level. You should check the SEBI Law Officer previous year cut-off, which may give you a correct picture of the SEBI Grade A exam and the extent to which you need to prepare for it. Check the SEBI Grade A cutoff below.

SEBI Recruitment of Officer Grade ‘A’ (Assistant Manager) Legal Stream 2023 Results of Phase II exam held on September 17, 2023

Legal StreamSCSTOBC (NCL)EWSURPwBD (B & LV)*PwBD (ID, MD, etc.)*/th>
Number of Vacancies327211
Candidates required forPhase III (Three timesthe vacancies)9621633
Number of candidates shortlisted for Phase III(Interview)11**621633
Minimum aggregate marks obtained byshortlisted candidates59.556.8461.6661.1665.553.3352.83

*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 CATEGORIESPAPER 1 (100)PAPER 2 (70+30)Total Weighted Score (TWS) (100)
30 (30%)40 (40%)50 (50%)
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 –

UnreservedOBC (NCL)EWSSCSTPwBD (B & LV)PwBD (ID, MD, etc.) /th>
69.6164.0162.3363.7061.8350.33No candidate selected

SEBI Grade A 2022 Phase 2 Cut off

# 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

69.0863.8263.6465.2258.6457.25No candidate qualified

SEBI Grade A Legal Free Mock Tests

SEBI issues recruitment notification for various Grade positions, including Law Officers. A crucial strategy for excelling in these exams is to practice SEBI Grade A Legal Free Mock Tests. Active engagement with the SEBI Grade A Legal mock test series significantly improves your speed, scoring ability, and overall confidence for the examination. To enhance accuracy and exposure to diverse questions of varying difficulty levels, it is highly recommended to attempt SEBI Grade A Legal free mock test. You can access these valuable mock tests on the ixamBee platform with a simple registration, providing you with a valuable resource for your SEBI Grade A Legal exam preparation.

SEBI Grade A Legal Previous Year Papers

Initiating your SEBI Grade A exam preparation should commence with a thorough review of SEBI Grade A Legal previous years’ question papers to grasp the exam’s format. ixamBee has curated a comprehensive collection of SEBI Grade A Previous Year Papers, accompanied by detailed solutions and explanations researched and analyzed by our experts. These papers 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

For those eligible to apply for the SEBI Grade A Legal post, ixamBee is offering a SEBI Grade A Legal Online Course. To beat the heat and stay ahead of others, you need a specially curated course to guide your preparation. SEBI Grade A online course will guide you in the best possible way. You can discuss and get your doubts clarified by the experts and have access to the live classes along with other helpful study material. Check out the free demo of the SEBI Grade A Legal course so you can access our content’s quality. To avail of this facility, you need to register with ixamBee.





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