LIC ADO exam is an important opportunity for the candidates who want to make a career in the insurance sector. The selection process involves three stages: Preliminary Examination, Main Examination and a Personal Interview followed by Medical Test.
This detailed guide will help you understand LIC The ADO exam pattern and syllabus for both Prelims and Mains, enables you to prepare effectively and increase your chances of success.
LIC ADO Exam Pattern 2024
LIC ADO Exam Stages:
Online CBT (Computer Based Test) Written Examination: It includes both Prelims and Mains exams.
personal interview: This stage evaluates the candidate’s suitability for the role through a face-to-face interview.
medical test:Candidates must pass a medical examination to ensure that they meet the health standards required for the role.
Categories of LIC ADO Recruitment:
lic employee category:For current LIC employees under Grade III.
lic agent category:For those individuals who are LIC agents.
open market category: Open to all eligible candidates not falling in employee or agent categories.
LIC ADO Prelims Exam Pattern 2024
The preliminary examination for LIC ADO is designed to assess the basic abilities of the candidates in various subjects. Prelims exam is a qualifying exam, and its primary goal is to shortlist candidates for the main exam.
- Duration: The exam is conducted for a total of 1 hour (60 minutes).
- Stream:The preliminary examination consists of three sections:
LIC ADO Prelims Exam Pattern:
- logic: 35 questions, 35 marks, 20 minutes
- numerical ability: 35 questions, 35 marks, 20 minutes
- english language: 30 questions, 30 marks (qualifying), 20 minutes
Total: 100 questions, 100 marks, 60 minutes
Detailed syllabus for preliminary exam
ability to reason: This section evaluates logical reasoning and problem-solving skills. Major topics include:
- Puzzles: Arrangements, Scheduling and Sitting Arrangements
- Sitting arrangements: linear, circular and complex arrangements
- Direction Sense: Understanding directions and distances
- Blood Relations: Solution to Family Tree Problems
- syllogism: deductive logic statement
- Ordering and Ranking: Establishing Hierarchical Order
- Coding-Decoding: Understanding Patterns and Codes
- Machine Input-Output: Data Interpretation from Machine Output
- Inequalities: Comparative Analysis of Quantitative Relationships
- Alpha-numeric-symbol series: analysis of sequences of characters and numbers
- Data Adequacy: Evaluating the adequacy of the given data
- Logical Reasoning: Solving complex problems involving logical inferences.
numerical ability: This section tests mathematical skills and numerical problem-solving. Topics include:
- Data Interpretation: Bar Graphs, Line Charts, Tables, Caselets, Radar/Web Charts and Pie Charts
- Inequalities: Quadratic equations and their solutions
- Number Series: Recognizing Patterns in Sequences
- Estimates and Simplification: Estimating and Simplifying Complex Calculations
- Data Adequacy: Assessing data relevance to solving problems
- Arithmetic Problems: HCF and LCM, Profit and Loss, Simple and Compound Interest, Age Problems, Work and Time, Speed, Distance and Time, Probability, Mensuration, Permutations and Combinations, Averages, Ratio and Proportion, Partnership, Problems on Boats and Streams , Train, Mixing and Elution, Pipe and Cistern
english language: This section measures proficiency in English. Key areas include:
Reading Comprehension: Understanding and Analyzing Paragraphs
- Fillers: completing sentences with appropriate words
- Cloze Test: Filling in the Blanks in a Passage
- Sentence Errors: Identifying and Correcting Errors in Sentences
- Sentence Improvement: Enhancing Sentence Structure
- Vocabulary-Based Questions: Understanding Word Meaning and Usage
- Confused Paragraph: Arranging Sentences to Make a Coherent Paragraph
- Word Usage: Correct Application of Words in Context
- Phrases/Connectors: Connecting phrases and sentences
- Paragraph-Related Questions: Paragraph Inference, Conclusion, and Connection
LIC ADO Main Exam Pattern 2024
The main examination is more extensive and varies depending on the category of the candidate. It assesses in-depth knowledge and understanding of various subjects related to the role of ADO.
For open market category:
- General Knowledge and English Language: 50 questions, 50 marks, 120 minutes
- Numerical Ability and Reasoning Ability: 50 questions, 50 marks, 120 minutes
- Financial and Insurance Marketing Awareness: 60 questions, 60 marks, 120 minutes
Total: 160 questions, 160 marks, 360 minutes
For Employee Category:
- Reasoning Ability and Numerical Ability: 20 questions, 20 marks, 120 minutes
- General Knowledge, Current Affairs and English Language: 20 questions, 20 marks
- Elements of Insurance and Marketing of Insurance: 60 questions, 120 marks
Total: 100 questions, 160 marks, 120 minutes
For Agent Category:
- Reasoning Ability and Numerical Ability: 20 questions, 20 marks, 120 minutes
- General Knowledge, Current Affairs and English Language: 20 questions, 20 marks
- Practice and Principles of Insurance Marketing: 60 questions, 120 marks
Total: 100 questions, 160 marks, 120 minutes
LIC ADO Main Exam Syllabus
The syllabus of Mains exam is wide and covers many subjects. Each section is designed to test specific skills and knowledge relevant to the role of ADO.
numerical ability,
- simplification and approximation: Techniques for simplifying complex calculations and estimations.
- number series: Recognizing patterns and solving series-based problems.
- inequality: Solving quadratic and quantity-based inequality problems.
- partnership: Calculations involving several entities sharing profits or losses.
- ratio and proportion: Problems related to proportional relationships.
- TO PERCENTAGE:Calculation and Application of Percentage.
- mix and charge: Solving problems related to mixing substances in given proportions.
- average and age: Problems in calculating averages and ages.
- time and work:Calculations related to work done over time.
- pipe and tank: Problems related to filling and emptying of pipes and tanks.
- Simple interest and compound interest:Calculation of interest on loans and investments.
- time and distance: Problems related to distance, speed and time.
- boat and stream: Problems related to navigation of boats in the stream.
- Permutations, Combinations and Probability: calculations relating to the arrangement, selection, and probability of events.
- Mensuration (2D and 3D): Problems on areas and volumes of various shapes.
- data interpretation: Interpreting data from various types of charts and graphs.
- data adequacy: Assessing whether the data provided is sufficient to solve a problem.
ability to reason,
- puzzle: Solving complex puzzles involving different elements.
- sense of direction: Problems related to understanding and calculating directions.
- syllogism: a logical argument consisting of statements and conclusions.
- seating arrangement: Arranging elements based on given conditions.
- input Output: Analysis of patterns in input and output sequences.
- blood related: Understanding relationships in the family tree.
- data adequacy: To evaluate the adequacy of data for solving problems.
- coding-decoding: Understanding Codes and Patterns.
- inequality: Analyzing and resolving inequalities.
- logical reasoning: Conclusions from passages, statements and conclusions, arguments and cause-effect relationships.
financial awareness,
- Indian financial market: Understanding the structure and functioning of financial markets in India.
- Capital Markets and Government: The role of capital markets and government influence.
- money market:An overview of money market operations and instruments.
- stock market and bond market: Understanding Equity and Debt Markets.
- Role of money market in financial system: Importance of money market in financial stability.
- Derivatives markets and private investment: An overview of derivatives and private investment opportunities.
- primary and secondary markets: Understanding the primary and secondary markets for securities.
- foreign exchange interbank market: Mechanics of the Foreign Exchange Market.
- mutual funds: Basics of Mutual Funds and their functioning.
- insurance industry: An overview of the insurance sector, its products and regulations.
- regulatory agencies: Understanding the role of regulatory bodies in the financial sector.
- Special laws for financial intermediaries: Laws and regulations governing financial intermediaries.
- Establishment of FSDC: Knowledge of the Financial Stability and Development Council.
- Financial Stability and Development Council: Role and functions of FSDC.
insurance market awareness,
- Introduction to Insurance: Basics and principles of insurance.
- History of Life and General Insurance: Growth of life and general insurance sectors.
- Knowledge about IRDAI: Understanding Insurance Regulatory and Development Authority of India.
- types of insurance: There are different types of insurance products available.
- Indian insurance market: Overview of Insurance Market in India.
- ULIP (Unit Linked Insurance Plan): Features and Benefits of ULIP.
- Public sector insurance companies: Details about public sector insurance providers.
- Glossary of Insurance Terms: Important Terms and Definitions in Insurance.
- private sector insurance companies: Information about private sector insurance companies.
- Employment State Insurance Scheme (ESIS):An overview of ESIS and its benefits.
- Insurance Industry Abbreviations: Common abbreviations used in the insurance field.
- insurance related plans: Government schemes like PMFBY, PMJJBY, PMSBY etc.
- insurance current affairs: Recent developments and news in the insurance industry.
- insurance ombudsman: Role and functions of Insurance Ombudsman.
- bancassurance: Understanding the concept of bancassurance and its implementation.
Preparation Tips for LIC ADO Exam
- Understand the exam pattern: Familiarize yourself with the structure and format of both preliminary and main examination. Knowing the types of questions and marking scheme will help you in planning your preparation strategy.
- Study the syllabus thoroughly: Make sure you cover all the topics listed in the syllabus for each section. Use standard textbooks and study materials to build a strong foundation.
- practice regularly: Solve previous years question papers and give mock tests regularly. This will help you assess your preparation level and improve your time management skills.
- stay updated: Keep yourself updated with current affairs related to financial and insurance sectors. Read newspapers, magazines, and online resources to stay updated on recent developments.
- Focus on weak areas: Identify your weak areas and work on improving them. Use additional resources or seek help from consultants to strengthen these areas.
- time management: Practice solving questions within the allotted time to improve your speed and accuracy. Develop a study plan that allocates time effectively for each section.
- revision: Regularly revise the topics you study to reinforce your knowledge and make sure you remember key concepts and formulas.
