Official paper areas
SEBI’s recruitment notice and annexure define Paper II by stream. They are the authority. Banking Legends preparation coverage is guidance, not a claim that SEBI has published every micro-topic.
Phase I
Paper I for all streams: General Awareness including financial-sector questions, English Language, Quantitative Aptitude and Reasoning.
Paper II: General-stream commerce, accountancy, management, finance, costing, Companies Act and economics; specialist streams use their related subject.
Phase II
Paper I: English descriptive test for all streams.
Paper II: General or specialist stream-specific paper under the official notice.
Topics you should prepare
| Area | Preparation coverage |
|---|---|
| Financial regulation | SEBI’s mandate, market structure and regulatory concepts from primary material. |
| General Paper II | Connected accountancy, finance, management, costing, company-law and economics foundations. |
| Specialist Paper II | The applied professional subject stated for the chosen stream. |
| Writing | Clear drafting and structured English responses within the notified test. |
Future cycle boundary
A later SEBI notification may alter a stream, paper or annexure. Follow the newer official document when it exists.