LIC AAO AND AE MAIN EXAM CALL LETTER (ADMIT CARD)
This handout contains details pertaining to various aspects of the online exam you are going to undertake and important instructions about related matters. You are advised to study the handout carefully as it will help you in preparing for the examination.
The on-line examination will comprise of the following descriptive and objective type multiple choice tests as stated below :
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LIC AAO AND AE MAIN EXAM CALL LETTER (ADMIT CARD)
** This is a test of Knowledge of Language. It will be of qualifying nature and the marks obtained in this test will not be counted for ranking.
Candidate must obtain minimum qualifying marks in each section separately & should also obtain minimum marks in the aggregate to qualify for the examination & interview. Descriptive paper of only those candidates will be evaluated who qualify in the objective part of Main Examination.
The total time for the test is 2 hours 30 minutes; however you may have to be at the venue for approximately 3 hours 30 minutes including the time required for logging in, collection of the call letters, going through the instructions etc. All tests except test of English Language will be provided in English and Hindi. Each test is separately timed. Candidates can attempt questions in a particular test during the time allotted for that test only. All the questions in objective tests will have multiple choices. Out of the five answers to a question only one will be the correct answer. You have to select the most appropriate answer and ‘mouse click’ that alternative which you feel is appropriate/ correct. The alternative/ option that you have clicked on will be treated as your answer to that question. There are minimum qualifying marks prescribed for each subject/test.
The Scores of Online Examination will be obtained by adopting the following procedure :
(i) Number of questions answered correctly by a candidate in each objective test is considered for arriving at the Score.
(ii) The Scores so obtained by a candidate are made equivalent to take care of the minor difference in difficulty level, if any, in each of the objective tests held in different sessions to arrive at the Equated Scores*
*Scores obtained by candidates on any test are equated to the base form by considering the distribution of scores of all the forms.
(iii) Test wise scores and scores on total is reported with decimal points upto two digits.
Please note that the types of questions in this handout are only illustrative and not exhaustive. In the actual examination you will find questions of a higher difficulty level on some or all of these types and also questions on the types not mentioned here.
LIC AAO AND AE MAIN EXAM CALL LETTER (ADMIT CARD)
REASONING ABILITY
This is the test to see how well you can think. It contains questions of various kinds. Here are some sample questions.
Q.1. If the letters in the word TOPS can be rearranged to form a meaningful word beginning with O, the last letter of that word is your answer. If more than one such word can be formed, M is the answer and if no such word can be formed, X is the answer.
(1) T (2) P (3) M (4) S (5) X
Q.2. Some leaders are dishonest. Satyapriya is a leader. Which of the following inferences definitely follows from these two statements ?
(1) Satyapriya is honest (2) Satyapriya is dishonest
(3) Some leaders are honest (4) Leaders are generally dishonest (5) Satyapriya is sometimes dishonest
Q.3. If the letters of the following alphabet intercharge positions, so that A takes the place of Z and Z takes the place of A; B takes the place of Y and Y takes the place of B and so on, what will be the 13th letter from the right ? A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
(1) M (2) N (3) O (4) L (5) Other than those given as options
Q.4. If the first and the second letters in the word ‘DEPRESSION’ were interchanged, also the third and the fourth letters, the fifth and sixth letters and so on, which of the following would be the seventh letter from the right ? (1) R (2) O (3) S (4) I (5) Other than those given as options
Q.5. In a row of girls, if Seeta who is 10th from the left and Lina who is 9th from the right interchange their seats, Seeta becomes 15th from the left. How many girls are there in the row?
(1) 16 (2) 18 (3) 19 (4) 22 (5) Other than those given as options GENERAL KNOWLEDGE,
CURRENT AFFAIRS
This test measures your awareness of the events happening in the world around. Your general knowledge, knowledge about current affairs would be tested through social & cultural events, current events of national & international importance, events of common public interest, sports, scientific inventions and like.
Q.1. The Life Insurance Corporation of India came into being in the year ______
(1) 1973 (2) 1969 (3) 1966 (4) 1956 (5) Other than those given as options
Q.2. Which of the following authorities issues licences to LIC agents in India ?
(1) IRDA (2) RBI (3) LIC (4) SEBI (5) Other than those given as options
Q.3. Which of the following stands for I in RBI ?
(1) India (2) International (3) Insurance (4) Income (5) Institute
Q.4. ‘Mandi House’ is ________
(1) Prime Ministers’ Residence
(2) a prize winning film directed by Shyam Benegal
(3) the office of the Director General of Doordarshan
(4) the head office of the Ministry of Commerce
(5) the place where the Central Production Centre of Doordarshan is located.
PROFESSIONAL KNOWLEDGE
Questions in this test will be based on the area of specialization.
INSURANCE AND FINANCIAL MARKET AWARENESS
Q.1. What is general rise in prices of goods known as ?
(1) Demand-Supply (2) Stagflation (3) Return on Investment (4) Inflation (5) None of those given as options
Q.2. How does one check the fundamental strength of the company issuing new shares ? (1) Check IPO grading (2) Check credit rating
(3) Check the issue price (4) Check the trading history of the stock
(5) None of those given as options
Q.3. Which of the following sectors contributes the maximum in deciding the growth in income of the states in India ?
(1) Energy (2) Tourism (3) Service (4) Transport (5) Agriculture
2
Q.4. Monetary policy is concerned with _______
(1) the changes in the supply of money (2) buying and selling of financial instruments (3) reducing unemployment (4) All (1), (2) & (3).
(5) Other than those given as options
LIC AAO AND AE MAIN EXAM CALL LETTER (ADMIT CARD)
ENGLISH LANGUAGE (LETTER WRITING & ESSAY)
Q.1. Write a letter on any ONE of the following
∙ Write a letter to your younger brother explaining him how Insurance Sector has changed in the last decade in India.
∙ Write a letter to the Branch Manager of your Insurance company sharing a good experience of customer service in settling a claim (Based on year experience or reading).
Q.2. Write an essay on any one of the following topics in about 250 words:
∙ Measures to eradicate illiteracy in India
∙ Importance of Financial Planning
∙ Financial Inclusion
LEGAL DRAFTING FOR THE POST OF AAO (LEGAL)
This will be a test of legal drafting.
DESCRIPTIVE PAPER FOR THE POST OF AAO (RAJBHASHA)
Translation of paragraph from Hindi to English and vice versa.
Descriptive paper would be online. Candidates will have to type the answers using key-board. For Hindi typing, candidates are informed that the test will be conducted on the following Key-Board layouts: (i) Inscript
(ii) Remington (GAIL)
(A) Details of the On-line Examination Pattern
(1) The examination would be conducted on-line i.e. on a computer.
(2) The tests except test of English Language will be provided in English and Hindi.
(3) All the questions will have multiple choices. Out of the five answers to a question only one will be the correct answer. The candidate has to select the most appropriate answer and ‘mouse click’ that alternative which he/ she feels is appropriate/ correct. The alternative/ option that is clicked on will be treated as the answer to that question. Answer to any question will be considered for final evaluation, only when candidates have submitted the answers by clicking on “Save & Next” or “Mark for Review & Next”.
(4) The clock has been set at the server and the countdown timer at the top right corner of your screen will display the time remaining for you to complete the test(s). When the clock runs out the exam ends by default - you are not required to end or submit your exam.
(5) The question palette at the right of screen shows one of the following statuses of each of the questions numbered:
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