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Home Articles

SEBI Grade A vs NABARD Grade A – Know the Difference

by Aryalakshmi
October 12, 2020
in Articles, Banking
SEBI Grade A vs NABARD Grade A - Know the Difference
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In this blog, we will basically discuss the two most sought-after Government bank exams, to help you figure out which would suits you the best. SEBI Grade A vs NABARD Grade A – Know the Difference.

Securities and Exchange Board of India (SEBI), recruits for the post of SEBI Grade A Officer. SEBI Grade A Officer is an Assistant Manager Level Post at SEBI (Securities & Exchange Board of India). SEBI is India’s Highest Regulatory Body of Security Markets like SENSEX, NIFTY, etc.

NABARD – National Bank for Agricultural and Rural Development is the Apex Body looking after the development and growth of Agriculture in India. Its primary function is to look after all the Agricultural Finance related issues with respect to the development of Indian Agriculture. NABARD recruits Assistant Managers (Grade ‘A’) in the Rural Development Banking Service (RDBS).

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Given below is a detailed tabular column based on various comparison parameters. Read them carefully for a detailed analysis of the job profile

SEBI Grade A vs NABARD Grade A : Which One is Better

 

Parameters of Comparison SEBI Grade A NABARD Grade A
Post Offered Assistant Manager Assistant Manager
Organization Securities & Exchange Board of India National Bank for Rural & Agriculture Development
Mode of Examination Online Online
Eligibility Criteria Bachelor’s Degree in Engineering or a master’s degree in any discipline. Bachelor’s Degree in any subject from a recognized University with a minimum of 50% marks.
Salary Offered Gross monthly salary of Rs 1,07,000 per month without accommodation

Or

Rs 73,000 per month with accommodation

The pay scale for this post is Rs 28150-1550(4)-34350-1750(7)- 46600-EB-1750(4) – 53600-2000(1) – 55600. At present, the initial monthly gross emoluments are Rs 62,600.
Probation Period After joining, an officer will be on a probation period of 2 years. There is probation for 2 years from the time of joining.
Job Responsibilities 1. Approval of stock exchanges by-laws.

2. Amendment of by-laws of Stock Exchanges.

3. Inspection of Accounts of Stock Exchanges and various players.

4. Identify and Investigate any malpractices within Securities Markets.

5. Taking steps for increasing investor knowledge on Securities Markets.

6. Suspension of Security Trading of a Stock Exchange.

7. Granting and Withdrawing Recognition of a Stock Exchange.

  1. To do clerical work and need to work under the Manager.

 

  1. To carry out any clerical or managerial tasks assigned by the CGM.

 

  1. To deal with both State and Central Government policy issues related to agriculture and rural development.

 

  1. To stay connected with the Bank industry and the State Government. To promote financial literacy centers (FLC) providing knowledge to the customers.
Career Prospects

The career progression is as follows:

Asst. Manager

↓

Manager

↓

Asst. General Manager

↓

Deputy Manager

↓

General Manager

↓

Chief General Manager

↓

Executive Head

The career progression is as follows:

Assistant Manager

↓

Manager

↓

Assistant General manager

↓

Deputy General Manager

↓

General Manager

↓

Chief General Manager

↓

Executive Director

↓

Director

Place of posting 1. SEBI has its headquarters in Mumbai and hence chances of posting of the Grade A officers in Mumbai are quite high.

 

1. NABARD has its head office in Mumbai and regional offices in all the state capitals. One is expected to be posted in these offices.
Allowances Dearness Allowance, Family Allowance, Local Allowance, Leave Fare Concession, Eye Refraction, Financial Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning Allowance, Medical Expenses, Staff Furnishing Scheme, Scheme for Purchasing Computers, Education Allowance, Subsidized Lunch Facility Dearness Allowance, Local Compensatory Allowance, reimbursement of expenses for maintenance of vehicle for official purpose, newspaper, internet, telephone charges, book grant, and allowance for furnishing of residence, etc.

As already mentioned, both jobs have their own pros and cons. Each of them is basically a 9-5 job that helps you maintain a work-life balance. Hence, the demand for these in the job market is too huge that you will have to strive hard to achieve your goal. All the best to all the aspirants from the Entri app team.

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Aryalakshmi

Aryalakshmi

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