LIC AAO 2020 Exam Details: Syllabus and Book List

Life Insurance Corporation of India (LIC) offers candidates an opportunity to join the Insurance Sector by clearing one of the most reputed Insurance Exams. Established in 1956, LIC is currently India’s largest Insurance Company of India. It is an Indian state-owned Insurance Group and Investment Company. It has 8 Zonal Offices, 133 Divisional Offices and 2048 Branch Offices with thousands of workers all across the country playing important role in building the Economy of the country. 

ELIGIBILITY CRITERIA

1.     Nationality / Citizenship: A candidate must be either –

a)     a Citizen of India or

b)     a subject of Nepal or

c)      a subject of Bhutan or

d)     a Tibetan Refugee who came over to India before 1st January 1962 with the intention of permanently settling in India or

e)     a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India

2.     Age:

Minimum: 21 years Maximum: 30 years

Age Relaxation

·       Scheduled Caste/Scheduled Tribe                                                                 5 years

·       Other Backward Classes (Non-Creamy Layer)                                                3 years

·       Persons With Benchmark Disabilities as defined under(General)                  10 years

·       Persons With Benchmark Disabilities as defined under(SC/ST)                      15 years

·       Persons With Benchmark Disabilities as defined under(OBC)                        13 years

·        ECO/SSCO (GEN)                                                                                                                        5years

·        ECO/SSCO (SC/ST)                                                                                                                      10years

·        ECO/SSCO (OBC)                                                                                                                        8years

·         Confirmed LIC employees Further Relaxation                                                                    5years

3.     Educational Qualifications: FOR VARIOUS POST

For AAO (Chartered Accountant) - Bachelor’s Degree from a recognized Indian University/Institution and Candidates should have passed Final Examination of Institute of Chartered Accountant and completion of Articles as presented by Institute of Chartered Accountant. The candidate should be Associate member of Institute of Chartered Accountants of India. Candidates should provide their membership number and the same will be verified with Institute of Chartered Accountants of India.

 

For AAO (Actuarial) - Bachelor’s Degree in any discipline from a recognized Indian University/Institution and Candidates should have compulsorily passed 6 or more papers of the examination conducted by the Institute of Actuaries of India / Institute and Faculty of Actuaries, UK. as on the date of eligibility. Candidates should provide their membership number and the same will be verified with Institute of Actuaries of India / Institute and Faculty of Actuaries,

 

AAO (Legal): Bachelor’s degree in Law or LLM from a recognized Indian University/Institution. Three years Bar experience is essential.

 

For AAO (Rajbhasha): Post Graduate Master’s Degree in Hindi/Hindi translation with English as one of the subjects at Bachelor’s Degree level OR Post Graduate Master’s Degree in English with Hindi as one of the subjects at Bachelor’s degree level OR Post Graduate Master’s Degree in Sanskrit with English and Hindi as subjects at Bachelor’s degree level.

 

AAO (IT): Graduation degree in Engineering (Computer Science, IT or Electronics), or MCA or MSC (Computer Science) from a recognized Indian University/ Institution

 

Exam Pattern

 

Selection of LIC AAO Exam will be done through a two tier process (Prelims and Mains) and subsequent Pre-recruitment Medical examination. Before getting into the details of LIC AAO Syllabus, let’s have an overview of stages of LIC AAO examination:

Phase I – LIC AAO Pre

Phase II – LIC AAO Mains

Phase III -- Pre-Recruitment Medical Examination

Preliminary Examination: Online MCQs

Total 100 marks for 100 questions. 0.25 marks deducted for every wrong answer. Total time allotted 60 minutes

·       There will be 35 questions from Numerical ability which contain 35 marks.           Time 20 min  (Hindi/English)

·       There will be 35 questions from Reasoning which contain 35 marks. (Hindi/English)

Time 20 min

·       There will be 30 questions from Hindi/English Language which contain 30 marks. (Hindi/English)Time 20 min

Main Examination

1.     Total 300 marks for 120 questions.  0.25 marks deducted for every wrong answer. Total time of 2hours.

·       There will be 30 questions from Reasoning Ablity  which contain 90 marks. Time 40 min

·       There will be 30 questions from General Knowledge/Current Awareness which contain 60 marksTime 20min

·       There will be 30 questions from Professional Knowledge which contain 90 marks.          Time 40min

·       There will be 30 questions from Insurance and Financial Market  which contain       60 marks. Time 20min

·       There will be 40 questions from Quantitative Aptitude which contain 40 marks. (Hindi/English).Time 40 min

 

2.      There is also English Language (Letter writing & Essay)/ Legal drafting for AAO(Legal) exam which contain two question with maximum 25 marks medium of paper is English.             Total Time 20 Min.

 

Note:-- The marks obtained in the Preliminary Examination (Phase I) will not be added for the selection and only the marks obtained by a candidate in Main Examination (Phase II) will be counted for final selection.

 

INTERVIEW

Commensurate to the number of vacancies, LIC reserves the right to fix the minimum eligibility standards in order to restrict the candidates to be called for interview and also fix the minimum qualifying marks to qualify in the interview. Maximum Interview marks are 60 and qualifying marks for EWS, Unreserved, OBC are 30.Qualifying marks for SC /ST/PwBD candidates are 27. Candidates who do not obtain the minimum qualifying marks as decided by LIC shall be excluded from further selection process. The decision of LIC in this regard shall be final and binding on the candidates and no correspondence will be entertained in this regard.

SYLLABUS

English:

  • Error Correction
  • Para jumbles
  • Reading Comprehension
  • Error Detection
  • Fill in the Blanks
  • Cloze test

Numerical Ability

  • Number Series
  • Simplification
  • Approximation
  • Data Interpretation
  • Quantity Based Questions
  • Quadratic Equations
  • Data Sufficiency

Reasoning Ability

  • Sitting Arrangement
  • Puzzles
  • Alphanumeric
  • Number Series
  • Inequality
  • Syllogism
  • Coding
  • Decoding
  • Data Sufficiency

BOOKS:--

 

English

High School English Grammar and Composition by Wren and Martin. 

How to Read Better and Faster by Norman Lewis Reading

Comprehension,Ordering of Sentences, Ordering of Words and Cloze Test by Dilip Khushwaha

Quantitive Aptitude

  • Quantitative Aptitude For Competitive Examinations by R.S Agarwal
  • The Pearson Guide to Quantitative Aptitude by Dinesh Khattar
  • Data Interpretation by Arun Sharma
  • Objective Mathematics for Competitive Exams by Tarun Goya

Reasoning

  • A Modern Approach to Verbal and Non-Verbal Reasoning by R.S Agrawal
  • A New Approach to Reasoning by B.S Sijwali and Indu Sijwali
  • Analytical Reasoning by M.K.Pandey

Computer

Computer Awareness Kiran Prakashan

Finencial Awairness:--

  • Apart from these books, The Hindu and Indian Express are good sources of information on the latest developments. The focus should be on the business and world news sections of these newspapers.
  • Pratiyogita Darpan (Monthly Edition)

Post a comment

0 Comments