SEBI Grade A Phase II 2026 – Paper Overview

  • Total Marks: 100
  • Total Time: 60 Minutes
  • Sections:
    • Essay – 30
    • Precis – 30
    • Comprehension – 40

Nature of paper:
✔ Policy-oriented
✔ Sustainability-focused
✔ Analytical
✔ Time-intensive

This was not an easy paper.
But it was not brutally difficult either.

It was moderately difficult with high differentiation through structure and time management.


🧠 Section-Wise Scoring Behaviour (Realistic View)

📝 Essay (30 Marks)

Most candidates:

  • Wrote 240–300 words
  • Struggled with structure
  • Either over-wrote or rushed conclusion

Expected average score range:
👉 14–18 marks

Strong structured writers:
👉 20–23 marks


✍ Precis (30 Marks)

This will likely be the biggest differentiator.

Common mistakes:

  • One long paragraph
  • Retaining statistics
  • Missing India reform angle
  • 130 or 180 words instead of discipline 150

Expected average:
👉 12–16 marks

Well-trained candidates:
👉 20–24 marks


📖 Comprehension (40 Marks)

Moderate–High difficulty due to articulation demand.

Common issue:

  • Fluffy answers
  • Time shortage
  • Missing conceptual depth

Expected average:
👉 18–24 marks

Strong candidates:
👉 26–32 marks


📈 Expected Overall Score Distribution

Based on:

  • Paper difficulty
  • Time pressure
  • Historical SEBI marking strictness
  • Structured answer dependency

We can estimate:

CategoryExpected Score Range
Below Average Attempt40–50
Average Attempt50–60
Good Structured Attempt60–70
Very Strong Attempt70–80

🎯 Expected Safe Score (General Category)

📌 Likely Safe Zone: 62–70 marks

Possible cut-off range:

👉 60–65 (if checking is strict)
👉 65–70 (if evaluation is liberal)

It is unlikely to cross 72+ unless marking is extremely generous.


⚠ Important Reality

SEBI evaluation is:

  • Not inflated
  • Not IBPS-style
  • Not lenient for verbosity

It rewards:

✔ Structure
✔ Neutral tone
✔ Policy linkage
✔ Word discipline
✔ Clarity

One weak section can pull total score down significantly.


📊 Compared to Previous Years

YearPaper LevelLikely Cut-Off Nature
2024ModerateMid 60s
2025Moderate-HighEarly 60s
2026Moderate + Time PressureEarly-Mid 60s

Trend shows:
Cut-off remains stable but structure-dependent.


🧠 Psychological Advice for Aspirants

If your expected score is:

  • 55–60 → Borderline but possible
  • 60–65 → Competitive
  • 65+ → Strong zone
  • 70+ → Very safe

But remember:

Your perception after exam is usually 5–7 marks inaccurate.

Stay calm.


🚀 Bank Whizz Expert Conclusion

SEBI 2026 Mains will reward:

  • Structured writers
  • Policy-aware aspirants
  • Time-disciplined candidates

If you practiced:

✔ 150-word exact précis
✔ 250-word structured essays
✔ 70-word precise RC answers
✔ Timed full mocks

You are in a strong position.