Get the complete SEBI Grade A Mains exam analysis for 21st February 2026. Discover the section-wise difficulty level, number of good attempts, and key questions asked in today's paper.
With the first shift of the SEBI Grade A Mains exam concluded, candidates are eagerly awaiting a detailed assessment. Our expert faculty has connected with test-takers to compile a comprehensive analysis for the exam conducted on 21st February 2026. Review our detailed SEBI Grade A Mains exam analysis to stay updated on the actual questions asked.
SEBI Grade A Mains Exam Analysis 2026
The SEBI Grade A Phase 2 exam structure consists of two distinct papers: Paper 1 (Descriptive) and Paper 2 (Multiple-Choice Questions). Based on initial candidate feedback from the first shift, the SEBI Grade A Mains exam was rated as moderate to difficult, with a notably lengthy paper.
Our SEBI Grade A Mains exam analysis 2026 provides aspirants with deep insights into the overall paper trends, question patterns across sections, and realistic difficulty levels. This review is essential for evaluating your good attempts, gauging your performance, and estimating the expected cut-off marks.
SEBI Grade A Mains Exam Analysis 2026 Difficulty Level
Below, we break down the paper-wise difficulty level for the SEBI Grade A Phase 2 exam held on 21st February 2026. Overall, the difficulty level was categorized as moderate to difficult.
| Sections | Difficulty Level |
| Paper 1- Common for All Streams | Moderate |
| Paper 2 – General Stream | Moderate |
| Paper 2- Legal Stream | Moderate |
| Paper 2- Information Technology Stream | Easy to Moderate |
| Paper 2- Research Stream | Easy to Moderate |
| Paper 2- Official Language Stream | Easy to Moderate |
| Paper 2- Engineering Stream (Electrical & Civil) | Moderate |
SEBI Grade A Mains Exam Analysis 2026 – Good Attempts
The number of good attempts is a critical factor in determining the overall SEBI Grade A Phase 2 exam analysis. Generally, a higher volume of consistent good attempts across all sections correlates with a higher expected cut-off.
| Sections | Good Attempts |
| Paper 1 | 55–70 Marks |
| Paper 2 | 60–75 Marks |
| Overall | 115-145 |
SEBI Grade A Mains Exam Analysis 2026
The Securities and Exchange Board of India (SEBI) has successfully concluded the first shift of the Mains exam on 21st February 2026. We have curated the memory-based questions from today's paper for all streams, including General, Legal & Official Language, Research, and Information Technology.
SEBI Grade A Mains Exam Analysis 2026- Paper 1
For the SEBI Grade A Mains Paper 1, questions focused on descriptive writing skills. Candidates were required to adhere to a strict word limit of 250 to 300 words for the essay component.
- 1 essay on Social Media Influence Political Discourse and Public Opinion
- Can High Speed Rails be and Alternative for air travel? Discuss
- Nowdays More Indians are Globally Recognised as High NET Worth Individual- Comment on That.
SEBI Grade A Mains Exam Analysis 2026- Paper 2
Below are some of the key questions reported from the SEBI Grade A Mains Paper 2:
- Money Multiper
- Snob Effect
- Bandwagon Effect
- Base Expense Ratio
- Real Inflation Rate
- Fielder Contingency Model
- Stages of Planning
- Maslows Theory
- Herzberg 2 Factors
- Umbrella Effect
- Account and Costing
- Current Affairs
- Accounts
- Full Form Smart
- BNF
- Sebi Circulars in Statement Forms
- Many Facts related to the RBI
SEBI Grade A Mains Exam Pattern 2026
| SEBI Grade A Phase 2 Exam Pattern 2026 | ||||
| Papers | Streams | Subjects | Total Marks | Duration |
| Paper 1 | All Streams | English (Descriptive Test) to test the drafting skills | 100 | 60 minutes |
| Paper 2 | General Stream | Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics. | 100 | 90 minutes |
| Legal Stream | MCQ-based Question – 70 | 100 | 60 minutes | |
| Descriptive Questions – 3 | 60 minutes | |||
| Information Technology Stream | Multiple choice questions on subjects Economics, Econometrics, Statistics, Finance and Commerce. | 100 | 180 minutes | |
| Research Stream | Coding Test (Languages: C++/JAVA/Python) | 100 | 120 minutes | |
| Official Language Stream | Descriptive Test | 100 | 90 minutes | |
| Engineering (Electrical) Stream | Multiple choice questions on a specialized subject related to the stream | 100 | 40 minutes | |
| Engineering (Civil) Stream | Multiple choice questions on a specialized subject related to stream. |
100 | 40 minutes | |
| Related Link | |
| SEBI Grade A Syllabus and Exam Pattern 2026 | SEBI Grade A Cut Off 2026 |
| SEBI Grade A Salary 2026 | SEBI Grade A Previous Year Question Papers |
Also Read:
- SEBI Grade A Mains Admit Card 2026 Out: Download Phase 2 Call Letter
- SEBI Grade A Mains Result 2026 Out: Download Phase 2 Merit List PDF
- SEBI Grade A Cut Off 2026: Official Prelims & Mains Marks Released (Stream-wise Analysis)
- SEBI Grade A Previous Year Question Papers: Download PDFs (2025)
- SEBI Grade A Salary 2026: Revised Pay Scale, Structure, and Allowances
- SEBI Grade A Syllabus 2026 & Exam Pattern: Complete Guide (Phase 1 & 2)
- SEBI Grade A Recruitment 2026: Notification, Exam Dates & Assistant Manager Salary
- SEBI Grade A Exam Analysis 2026 (10 Jan, Shift 1): Questions & Difficulty Level
- SEBI Grade A Application 2025: Apply Online Deadline Today at sebi.gov.in