IIFCL Assistant Manager Syllabus 2026 (Grade A) follows the official pattern from the IIFCL recruitment notification (Advt. for Assistant Manager posts, March 2026). The online exam consists of Test I (objective, general aptitude sections) and Test II (Domain Knowledge/Professional Knowledge), totaling 150 questions for 200 marks in 120 minutes (60 minutes each test). Negative marking of 0.25 marks applies for wrong answers (as per standard PSU norms and site references). Selection process: Online Test + Interview.
IIFCL Assistant Manager 2026 – Overview
| Particulars | Details |
|---|---|
| Organization | India Infrastructure Finance Company Limited (IIFCL) |
| Post Name | Assistant Manager (Grade A) |
| Exam Stages | Test I, Test II (Online), Interview |
| Mode of Exam | Online (Computer-Based) |
| Question Type | Objective (MCQs) |
| Total Questions / Marks | 150 / 200 |
| Duration | 120 Minutes (60 min per Test) |
| Negative Marking | 0.25 marks deducted for each wrong answer |
IIFCL Assistant Manager Exam Pattern 2026
Test I (100 Questions / 100 Marks, 60 Minutes) – Qualifying nature in some aspects, but merit combined.
| Section | No. of Questions | Marks | Medium |
|---|---|---|---|
| Reasoning | 25 | 25 | Bilingual (Hindi & English except English section) |
| Quantitative Aptitude | 25 | 25 | Bilingual |
| English Language | 25 | 25 | English only |
| Current Affairs Related to Finance Sector | 25 | 25 | Bilingual |
| Total (Test I) | 100 | 100 | 60 Minutes |
Test II(Domain Knowledge / Professional Knowledge) – 50 Questions / 100 Marks, 60 Minutes (2 marks per question).
| Section | No. of Questions | Marks | Duration |
|---|---|---|---|
| Domain Knowledge | 50 | 100 | 60 Minutes |
IIFCL Assistant Manager Syllabus 2026
Test I Syllabus
Reasoning
-
Puzzles & Seating Arrangements
-
Direction Sense
-
Blood Relations
-
Syllogism
-
Order and Ranking
-
Coding-Decoding
-
Machine Input-Output
-
Inequalities
-
Alpha-Numeric-Symbol Series
-
Data Sufficiency
-
Logical Reasoning (Passage Inference, Statement, Assumption, Conclusion)
Quantitative Aptitude
-
Number System
-
Percentages
-
Ratio and Proportion
-
Simplification / Approximation
-
Data Interpretation (Tabulation, Bar Graphs, Line Graphs, Pie Charts)
-
Speed, Time & Distance
-
Work & Time
-
Mixtures & Alligations
-
Profit & Loss
-
Mensuration (Areas & Volumes)
-
Probability, Algebra, Set Theory
-
Coordinate Geometry, Trigonometry basics
English Language
-
Reading Comprehension
-
Cloze Test
-
Fillers / Sentence Fillers
-
Sentence Errors / Error Detection
-
Vocabulary-based Questions (Synonyms, Antonyms)
-
Sentence Improvement
-
Jumbled Paragraph / Para Jumbles
-
Paragraph-Based Questions
Current Affairs Related to Finance Sector
-
Recent RBI Monetary Policy updates & interest rate changes
-
Banking reforms, mergers & acquisitions in banking/finance
-
Non-Performing Assets (NPAs) resolution & updates
-
Government policies & schemes in financial sector
-
Fintech developments & digital banking initiatives
-
SEBI regulations, stock market updates
-
Indian economy performance & impact on finance
-
Budget highlights, tax regime changes
-
Important financial regulatory bodies (RBI, SEBI) updates
-
Global financial market position of India
-
Insurance sector developments
Test II – Domain Knowledge / Professional Knowledge Syllabus
High-weightage section (100 marks) focusing on finance & banking concepts relevant to infrastructure financing:
-
Project Finance: Project life cycle, financing structure, Debt-Equity Ratio, NPV, IRR, Payback Period, PPP models, Infrastructure sectors (Power, Roads, Ports), Risk analysis & mitigation, Term loans, Consortium financing
-
Corporate Banking & Treasury: Working capital, Fund-based/Non-fund-based lending, LC/BG, Treasury products (Bonds, Forex, Derivatives), Yield curve, Liquidity & ALM
-
General Management: Planning, Organizing, Leading, Controlling; Motivation theories, Leadership styles, Decision-making, Organizational change, Business ethics
-
Risk Management: Credit/Market/Operational risk, Risk rating, NPA classification & provisioning, Basel norms (I/II/III overview), Stress testing, RAROC
-
Corporate Governance in Banking: Board roles, Audit & compliance, Ethics, Fraud management, Vigilance
-
Accounting & Taxation: Balance Sheet, P&L, Cash Flow, Ratio analysis, IFRS/Ind AS basics, Depreciation, Income Tax/GST overview
-
Indian Economy: GDP, Inflation, Fiscal/Current Account Deficit, Monetary & Fiscal Policy, Budget/Economic Survey, Govt schemes (infrastructure-related)
-
Financial & Banking System in India: Structure (RBI, SEBI, NABARD, etc.), Types of banks, Financial markets, Digital banking & Fintech
-
Latest RBI/SEBI Circulars & Guidelines: NBFC norms, Project Finance guidelines, NPA resolution, Annual reports of RBI/SEBI/IIFCL

