Insurance

Introduction

There are many other examinations for the sectors like RBI, LIC, NIACL, NICL, Postal Banks, etc.

Exam Pattern

Phase-I : Preliminary Examination

Preliminary Examination consists of Objective Test for 100 marks is conducted online. This test would be of 60 minutes duration consisting of 3 sections as follows :

S. No	Name of Test	Type of test	Max. Marks	Duration	Version
1	English Language	Objective	30		English
2	Reasoning Ability	Objective	35	60 minutes	Eng/Hindi
3	Quantitative Aptitude	Objective	35		Eng/Hindi
	Total (Aggregate)		100

Candidates have to qualify in each test by securing pass marks to be decided by the Company. Adequate number of candidates in each category as decided by the Company will be shortlisted for the Mains Examination.

Phase – II : Mains Examination

Mains Examination will consist of Objective Test for 200 marks and Descriptive Test for 30 Marks. Both the Objective and Descriptive Tests will be online. Candidates will have to answer Descriptive Test by typing on the computer. Immediately after completion of Objective Test, Descriptive Test will be administered.

(i) Objective Test : The Objective Test of 2 hours duration consists of 5 sections for total 200 Marks :

S. No	Name of Test	Type of Test	No. of Questions	Maximum Marks	Medium of Exam	Duration
1	Reasoning & Computer Aptitude	Objective	40	40	English/ Hindi	150 minutes
2	General / Financial Awareness	Objective	40	40	English/ Hindi
3	Quantitative Aptitude	Objective	40	40	English/ Hindi
4	English Language	Objective	40	40	English
5	Hindi Language	Objective	40	40	English/ Hindi
	Total (Aggregate)		200	200
6	English Language (Essay, Precis and Comprehension)	Descriptive	3	30	English	30 minutes

(ii) Descriptive Test : The Descriptive Test of 30 Minutes duration with 30 marks will be a Test of English Language (Essay, Precis and Comprehension). The descriptive test will be in English and conducted through on line mode.

Each candidate will be required to obtain a minimum score for each section of objective test separately for being short listed for the Descriptive Test evaluation/Interview i.e. Descriptive answer script would be evaluated only in respect of those candidates who qualify the objective test. There will also be a separate cut-off marks for the Descriptive Test.

Each candidate will be required to obtain a minimum total score (to be decided by the Company according to number of vacancies) in the objective test(Main Examination) and qualify in the descriptive test for short listing for the Interview.

A candidate shall be required to qualify in the descriptive test, but the marks in the descriptive test will not be counted towards short listing for interview or final selection.

Penalty for Wrong Answers (Applicable to both – Preliminary and Mains Examination)

There will be penalty for wrong answers marked in the Objective Tests. Each question for which a wrong answer has been given by the candidate, one-fourth of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate, there will be no penalty for that question.

Eligibility criteria

Educational Qualification (as on the date mentioned)

A candidate must possess the minimum qualification of a Graduate/Post Graduate in any discipline from a recognized University OR any equivalent qualification recognized as such by Central Government with at least 60% marks in either of the degree examination (at least 55% for SC/ST) candidates.

Note :

a) Qualification mentioned above should be from any of the recognized Indian Universities duly approved by the UGC or any of the recognized Indian Institutes duly approved by AICTE.

b) The percentage marks shall be arrived at by dividing the total marks obtained by the candidate in all the subjects in all semester(s)/year(s) by aggregate maximum marks in all the subjects irrespective of honours/optional/additional optional subject, if any. This will be applicable for those Universities also where Class/Grade is decided on basis of Honours marks only. The fraction of percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60%.

d) Where CGPA/OGPA are awarded, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating the norms of the University regarding conversion of grade into percentage and the percentage of marks scored by the candidate in terms of norms.

6. Age as on Date mentioned in the Advertisement

Minimum Age: 21 years Maximum Age: 30 years, as on the date given in the advertisement.

Relaxation in upper age limit shall be as follows:

Sl.	Category	Age Relaxation
1.	SC/ST	5 years
2.	Other Backward Classes (OBC)	3 years
3.	PWD	10 years
4.	Persons domiciled in Kashmir Division of Jammu & Kashmir State during the period from 1-1-80 to 31-12-89	5 years
5.	Ex-Serviceman, Commissioned Officers including	5 years
	Emergency Commissioned Officers (ECOs)/ Short Service
	Commissioned Officers (SSCOs) who have rendered at
	least five years Military Service as on 01.03.2017 and have
	been released; (a) on completion of assignment (including
	those whose assignment is due to be completed within one
	year from 01.03.2017) otherwise than by way of dismissal
	or discharge on account of misconduct or inefficiency; or
	(b) on account of physical disability attributable to Military
	Service; or (c ) on invalidment.
6.	Defence service personnel disabled in operation during the hostilities with any foreign country or in a disturbed area and released as consequence thereof	3 years
7.	Existing confirmed employees of Public Sector General Insurance Companies (including GIC & Agriculture	8 years
7.	Insurance Company of India Ltd.)	8 years

ii. Candidates seeking age relaxation will be required to submit copies of necessary certificate(s) and produce the original certificate(s) for verification at the time of interview and/or any subsequent stage of recruitment process.

Phase – III : Interview

Candidates who have been shortlisted based on online Phase – II (mains examination) will subsequently be called for an Interview to be conducted by the Company. Interview will be conducted at the selected centres. The centre, address of the venue, time & date of Interview will be informed to the shortlisted candidates in the call letter. Candidates are required to download their interview call letters from company’s website. Please note that any request regarding change in date, centre etc. of interview will not be entertained. However the company reserves the right to change the date/ venue/ time/ centre etc. of interview or hold supplementary process for particular date / session / venue / centre / set of candidates at its discretion, under unforeseen circumstances, if any.

Syllabus

Quantitative Aptitude