Life insurance of Corporation of India (LIC) Conducted the LIC AOD exam to hire the Apprentice Development officer(AOD) for 8581 vacancies across the country. LIC ADO is a very good opportunity for those individuals who want to make a career in the insurance sector.
LIC ADO exam is responsible for selecting individual as life insurance agent and supervising their overall performance. The exam is held in three stages – prelims,Mains and personal Interview.LIC conduct the exam in online mode.
LIC ADO Eligibility Criteria:-
Each candidate has to possess certain eligibility criteria:
Age – For general, Candidate must be between 21 years and 30 years as on May 01, 2020.
Educational Qualification- Candidate with a Bachelor’s degree in any discipline can apply for LIC ADO exam.
Experience :-
(1) Existing Employees:
For urban/ Rural recruitment – Minimum 3 years of service after confirmation in class 3 post.
(2) Agents Category:
For urban area recruitment:
Minimum 5 years experience as an agent with a net first premium income of minimum Rs 5,00,000.
For Rural area recruitment:
Minimum 5 years experience as an agent with a net first year premium income of minimum Rs 1,00,000.
(3) Open Market Category:-
For Rural/ Urban area recruitment:
Minimum 2 years experience in Life insurance industry.
LIC ADO Exam pattern for LIC Agent and Employees:-
The requirement of AOD will be done through single phase i.e Mains Examination.
(1) Reasoning Ability & Numerical Ability
No of question- 25
(2) General Knowledge, current Affairs and
English language With special emphasis of knowledge of life insurance and financial.
No of question- 25
(3) Elements of insurance and Marketing of
Insurance
No of question- 50
Total no of question – 100
LIC ADO exam pattern for LIC employees:-
(1) Reasoning Ability
No of question- 25
(2) General Knowledge, current Affairs & English
Language With special emphasis of knowledge of life insurance and financial.
No of question- 25
(3) practice and principal of Insurance Marketing
No of question- 50
Total no of question- 100.
LIC ADO exam pattern for open Market Category:-
The exam pattern for open market Category will be objective in nature and will be conduct through online mode in two phase:
(1) LIC ADO Prelims :
• Reasoning Ability
No of question- 35
Marks- 35
Medium of exam – Hindi/ English
Duration- 20 minutes
• Numerical Ability
No of question- 35
Marks – 35
Medium of exam – Hindi/ English
Duration – 20 minutes
• English
No of question- 30
Marks- 30
Medium of exam – English
Duration- 20 minutes.
LIC ADO Mains:-
•Reasoning Ability & Numerical Ability
No of question – 50
Marks – 50
Medium- Hindi/ English
•General Knowledge, current Affairs & English
Language.
No of question- 50
Marks- 50
Medium- Hindi/ English
• Insurance and Financial Marketing Awareness with special Emphasis of knowledge of life insurance and financial
No of question- 50
Marks – 50
Medium- Hindi/ English
Note :- Total duration of the exam is 120 minutes.
Interview:-
The Successful Candidate in the Mains exam will be called for interview. The maximum mark for interview is 37. The final merit list of exam would be prepared with the aggregating marks obtained in the Mains and the interview.
LIC ADO Syllabus:-
(1) Reasoning Ability:
• Puzzle, seating Arrangement, Direction sence, Blood Relation, order and Ranking, Coding- decoding, machine input- output inequalities, Data sufficiently, Alpha – Numerical symbol series.
(2) Quantitative Aptitude:
• Data interpretation, Bar graph, line chart, quadratic equations, Number series, Approximation and Simplification, profit. And loss, SI & CI , problem on Ages, work and time,speed distance, Time probability, Average Ratio , Ratio and proportion.
(3)English language:
• Reading comprehension, vocabulary, sentence improvement, jumbled paragraph,word usage, phrase paragraph, close test, fillers,sentence error.
(4) Insurance Marketing:
• Introduction of insurance, History of Life insurance, History of general insurance, know about IRDAI, Type of insurance, Indian insurance market, Insurance current Affairs, insurance ombudsman Bancasssurance, current insurance scheme, public sector insurance companies, glossary of insurance terms, private sector insurance companies, employment state insurance scheme, schemes related to insurance.
(5) General Awareness & current Affairs:
• Important Dates, book and Authors, History of Indian Geography, Indian economic Indian Constitution, capital , currencies national and international Awards, National international current Affairs.
Important dates and highlights of LIC ADO exam:-
Exam Name:
Life Insurance Corporation of India Apprentice Development Officer (LIC ADO)
Conducting Body :
Life Insurance Corporation of India (LIC)
Exam Level – National
Exam Frequency- once a year
Exam Mode – online
Exam Duration:-
Prelims- 1 hour
Mains- 2 hours
Language- English / Hindi
Exam Fees- General and OBC – Rs 600
SC/ST – Rs 50
Exam Purpose –
To recruit Apprentice Development Officer (Ado)
Exam Website – www.licindia.in
Salary of LIC ADO:-
LIC employees salary- Rs 34,503 per month.
Probationary development officer salary – Rs 21,865 per months.
Other benefits for LIC ADO is include Defined Contributory Pension Scheme, LTC, Gratuity, Medical Benefit, Group Insurance, Group Personal Accident Insurance, Vehicle Advance (2-wheeler/4-wheeler), Reimbursement against Brief Case or leather bag, mobile handset and attractive performance linked Incentives.
LIC ADO No of Vaccines for 8581 posts:-
• Eastern zonal office( Kolkata)- 922
• central zonal office( Bhopal)- 525
• southern zonal office ( Chennai) – 1257
• western zonal office ( Mumbai) – 1753
• North central zonal office ( Kanpur) – 1042
• East Central zonal office ( Patna) – 701
• south central zonal office ( Hyderabad) – 1251
• Northern zonal office ( New Delhi) – 1130
Latest update :-
As per 2019 LIC notifications, the LIC ADO Mains Examination was scheduled on 11th August 2019 in all the centres, which is now postponed to be held on September 22, 2019.
Also Read- Most Important Quantitative Aptitude Questions Answers Pdf 2020.