Post and Vacancy for Ministry of Corporate Affairs Recruitment 2023:

As notified in the Ministry of Corporate Affairs Recruitment 2023 Advertisement, 01 Vacancy is reserved for an OBC Person.

Post Nomenclature: Assistant Director (Capital Market)

Vacancy: 01 No.

Department:  Serious Fraud Investigation Office, Ministry of Corporate Affairs, New Delhi

Post Classification: Group “B”, General Central Service, Group B, (Gazetted) (Non-Ministerial)  

Employment nature: The Posting is Permanent.

Posting Location: New Delhi Central Governmental Ministerial Head Quarters with All India Service Liability.

Pay Scale Level for Ministry of Corporate Affairs Recruitment 2023:

In accordance with the Ministry of Corporate Affairs Recruitment 2023 Notification, Post-Selection those selected as Assistant Director (Capital Market) shall be issued Appointment under the Pay Scale Level 08 hereinunder:

Pay Scale: Level 08 (Rs. 47600-151100) of Pay Matrix under 7^th Central Pay Commission

Upper Age Limits under Ministry of Corporate Affairs Recruitment 2023:

According to the Ministry of Corporate Affairs Recruitment 2023 Notification, following the Category-wise and Reserved Community-specific Age Limits are prescribed:

1) The Un-Reserved Applicant should not exceed (Maximum) 33 Years as on the Closing Date (16.03.2023) of the UPSC issued Ministry of Corporate Affairs Recruitment 2023 Advertisement for the purpose.

2) The Upper Age Limitation remains Relaxable for Regularly Appointed Central Government/Union Territory Government Servants up to 05 Years as per the instructions issued by the Government of India from time to time.

3) For Age Concessions applicable to some other Categories of the Applicants, do refer to the relevant Paragraphs of the ‘Instructions and Additional Information to the Candidates for Recruitment by Selection’ of the Ministry of Corporate Affairs Recruitment 2023 Notification.

Eligibility Criteria for the Ministry of Corporate Affairs Recruitment 2023:

The Eligibility comprising the Educational Qualification(s) and Experience essential as per the Ministry of Corporate Affairs Recruitment 2023 Notification for the Applicants are as follows:

A) Educational Qualification(s):

Essential: Chartered Accountant Or Cost and Management Accountant Or Chartered Financial Analyst Or Master of Business AdministrationdE (Finance) Or Post Graduate Diploma in Management (Finance) Or Company Secretary from any Accredited University or Institute.

Desirable Qualification (s): 02 (Two) Years’ Experience in the field of Capital Markets.

Note: The Qualifications and the Qualification in regard to Experience in case of Candidates otherwise well-qualified, are relaxable at the discretion of the Union Public Service Commission.

Selection Process for Ministry of Corporate Affairs Recruitment 2023:

According to the Ministry of Corporate Affairs Recruitment 2023 Notification issued, the Union Public Service Commission shall carry out the Recruitment Test Selection and Other Criteria with reference to the Ministry of Corporate Affairs Recruitment 2023, as also explained hereunder:

Recruitment Methodology:

In the event of the Applications received relatively in a large number from Applicants, the Union Public Service Commission will adopt the Shortlisting Criteria to restrict the number to only Eligible Candidates to be called in for the Interview to a Reasonable Number by Any or More of the Methodologies as mentioned hereunder:

a) “Based on the Desirable Qualification (DQ) or any one or all of the Desirable Qualifications (DQs) if more than one Desirable Qualification is prescribed”.

b) On the basis of Higher Educational Qualifications than the Minimum prescribed in the Ministry of Corporate Affairs  Recruitment 2023 Notification.

c) Based on Higher Experience in the relevant field than the Minimum prescribed in the Ministry of Corporate Affairs Recruitment 2023 Advertisement.

d) By reckoning the Prior Professional Work-Experience before or Post-acquiring Essential Qualifications of the Candidate Applicants.

e) By invoking the Prior Work Experience even in cases where there is No Experience mentioned Either as Essential Qualification (EQ) Or as Desirable Qualification (DQ).

f) By holding a Recruitment Test (RT).

Note-II: Important Points:

Viva-voce/Personality Test carries Total 100 Marks explained hereunder:

i) The Category-wise Minimum Level of Suitability in the Interviews (100 Marks), irrespective of whether the Selection is conducted only through Interview or by holding a Recruitment Test (RT) to be followed by the Interview, shall remain as hereunder:

a) Un-Reserved Minimum Qualifying 50 Marks to be secured out of Aggregate 100 Marks.

b) Economically Weaker Sections 50 Marks.

c) Other Backward Community: 45 Marks.

d) Scheduled Caste/Scheduled Caste/Persons with Benchmark Disability/ies (PwBD/s): 40 Marks.

ii) In cases where Selection is carried through by Recruitment Test (RT) followed by the Personal Interview, the Candidate will have to attain the Minimum Level of Suitability in their respective Categories in the course of the Interview Stage.

Application Fee for Ministry of Corporate Affairs Recruitment 2023:

Following is the Category-wise Application Fee and Payment Gateway for remittance by the Applicants:

I) The General Category/EWS/OBC Candidates shall have to pay the Application Fee Rs. 25.00 (Rupees Twenty-five only) only either by remitting the Money in any Branch of the State Bank of India in Cash or by using the Net-Banking Facility of the State Bank of India or by using Visa/Master Credit/Debit Card Payment Gateway.

II) Reserved Community (SC/ST/PwBDs) and Women Candidates under any Community remain Exempted from payment of the Application Fee.

How to Apply for Ministry of Corporate Affairs Recruitment 2023: 

Based on the Ministry of Corporate Affairs Recruitment 2023 Notification, the Eligible Candidates with Willingness should complete the ORA Process up to 16.03.2023 following the Instructions prescribed therein.

i) Eligible and Willing Candidates should visit the USPC ORA Website to complete the Online Recruitment Application Process.

ii) Carefully Read the Online Application/Registration Instructions available on the UPSC ORA Portal.

iii) Initiate the Online Application Process as per the Instructions on the Online Registration Application Portal.

iv) Upload Scanned Signature, Photograph for uploading with Online Recruitment Application.

v) Upload Self-attested Documents on the UPSC Online Registration of Application.

vi) Remit the Application Fee Online through Debit/Credit Card/Net Banking, etc.