LIC ADO Syllabus 2023, LIC ADO Exam Pattern: Every year Life Insurance Corporation of India (LIC) releases LIC ADO Notification 2023 for the LIC ADO 2023 Exam. The selection and the joining of the candidates will only be done in three steps. First is the Prelims exams, Second is the Mains exam and the third step is the Interview.
To easily qualify for the LIC ADO exam, it is compulsory for all the candidates to know the Exam Pattern and the syllabus by heart. In this article, we are telling you the LIC ADO Syllabus for Apprentice Development Officers (ADO) [Employee Category, Agents Category, and Open Market Category]. This will help you in your preparation for the LIC ADO Exam. Let’s have a look at the detailed Syllabus for LIC ADO 2023 Preliminary & Mains Exam.
LIC ADO Syllabus 2023 for Prelims Exam
The LIC ADO 2023 Exam will be held to shortlist candidates for Apprentice Development Officer Post, with the three stages of the selection process.
LIC ADO Preliminary Exam Syllabus for each post is the same, and it is provided here. Start preparing your LIC ADO Recruitment 2023 Exam with the most recent LIC ADO Prelims Syllabus 2023. The LIC ADO Prelims Exam Syllabus is the same for all posts, while the LIC ADO Mains Exam Syllabus is different for other posts.
LIC ADO Syllabus: Reasoning
- Puzzles
- Seating Arrangements
- Direction Sense
- Blood Relation
- Syllogism
- Order and Ranking
- Coding-Decoding
- Machine Input-Output
- Inequalities
- Alpha-Numeric-Symbol Series
- Data Sufficiency
- Logical Reasoning
LIC ADO Syllabus: Numerical Ability
- Data Interpretation (Bar Graph, Line Chart, Tabular, Caselet, Radar/Web, Pie Chart)
- Inequalities (Quadratic Equations)
- Number Series
- Approximation and Simplification
- Data Sufficiency
- Probability
- HCF and LCM
- Profit and Loss, SI & CI, Problem on Ages
- Work and Time, Speed, Distance and Time
- Mensuration, Permutation and Combination
- Average, Ratio and Proportion, Partnership
- Problems on Boats and Stream, Problems on Trains
- Mixture and Allegation, Pipes and Cisterns
LIC ADO Syllabus: English Language
- Reading Comprehension
- Fillers
- Cloze Test
- Sentence Errors
- Sentence Improvement
- Vocabulary based questions
- Jumbled Paragraph
- Word Usage
- Phrase/Connectors
- Paragraph-related questions like Para connectors, para completion, para restatement, paragraph inference, para fillers, etc.
LIC ADO Syllabus 2023 for Mains Exam
Numerical Ability
- Simplification & Approximation
- Number Series
- Inequality (Quadratic & Quantity based)
- Partnership
- Ratio & Proportion
- Percentage
- Mixtures & Allegations
- Average & ages
- Time and Work
- Pipe and Cistern
- Simple Interest & Compound Interest
- Time & Distance
- Boat & stream
- Permutation, Combination & Probability
- Mensuration (2D&3D)
- Data Interpretation ( Bar, line, pie, mixed, missing, arithmetic)
- Data Sufficiency
Reasoning Ability
- Puzzle
- Direction sense
- Syllogism
- Seating Arrangement
- Input-Output
- Blood Relation
- Data Sufficiency
- Coding-Decoding
- Inequalities
- Logical Reasoning((Passage Inference, Statement and Assumption, Statement & Conclusion, Argument, and Cause & Effect)
Financial Awareness
- Indian Financial Market
- Capital markets and the government
- Money Market
- stock markets and bond markets
- The role of money markets in the financial system
- Derivatives markets and private investing
- Primary markets and secondary markets
- The study of the foreign exchange interbank market
- Mutual Funds
- Insurance Industry
- Regulatory Agencies
- Insurance Industry
- Special Statutes for Certain Financial Intermediaries
- Establishment of FSDC
- Financial Stability and Development Council
- International Financial Organization
Insurance Market Awareness
- Introduction of Insurance
- History of Life Insurance
- History of General Insurance
- Know About IRDAI
- Types of Insurance
- Indian Insurance Market
- ULIP (Unit Linked Insurance Plan
- Public Sector Insurance Companies
- Glossary of Insurance Terms
- Private Sector Insurance Companies
- Employment State Insurance Scheme (ESIS)
- Abbreviations related to Insurance Industry
- Other Important Topics Related to Insurance Awareness
- Schemes Related to Insurance (PMFBY, PMJJBY, PMSBY etc.)
- Insurance Current Affairs
- Insurance Ombudsman, Bancassurance
- Current insurance schemes
LIC ADO: Interview
Only the results of the Main Examination will be taken into account for selecting applicants for interviews, and the combined results of the Main Examination and the Interview will be taken into account when determining the candidates’ final merit listing. The maximum interview score is 37.
LIC ADO Exam Pattern 2023
LIC ADO Syllabus : LIC ADO 2023 will be conducted in three phases:
- Prelims Exam
- Mains Exam
- Interview Process
Online Prelims Exam
S.No. | Sections | Number of Questions | Total Marks | Duration |
1. | Reasoning | 35 | 35 | 20 minutes |
2. | Numerical Ability | 35 | 35 | 20 minutes |
3. | English Language | 30 | 30** | 20 minutes |
Total | 100 | 70 | 60 minutes |
** – English Language test will be of qualifying nature and the marks in the English Language will not be counted for ranking.
Online Mains Exam
S.No. | Sections | Number of Questions | Total Marks | Duration |
1. | Reasoning Ability & Numerical Ability | 50 | 50 | 120 minutes |
2. | General Knowledge, Current Affairs and English Language with Special Emphasis on Grammar and vocabulary | 50 | 50 | |
3. | Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and the Financial Sector | 50 | 50 | |
Total | 150 | 150 |
For Employee Category
S.No. | Sections | Number of Questions | Total Marks | Duration |
1. | Reasoning Ability & Numerical Ability | 25 | 10 | 120 minutes |
2. | General Knowledge, Current Affairs and English Language with Special Emphasis on Grammar and vocabulary | 25 | 15 | |
3. | Elements of Insurance and Marketing of Insurance. | 50 | 125 | |
Total | 150 | 150 |
For Agents Category
S.No. | Sections | Number of Questions | Total Marks | Duration |
1. | Reasoning Ability & Numerical Ability | 25 | 25 | 120 minutes |
2. | General Knowledge, Current Affairs and English Language with Special Emphasis on Grammar and vocabulary | 25 | 25 | |
3. | Practice and Principles of Insurance Marketing | 50 | 100 | |
Total | 150 | 150 |
LIC ADO Salary 2023
LIC ADO Syllabus: Below is the LIC ADO in-hand salary with allowances.
Post | Year | Pay Scale | Salary (In-hand) |
Apprentice Development Officer | – | On appointment | Rs. 21,865 |
After 2 years | 1340*2 | Rs. 24,545 | |
Next 2 years | 1580*2 | Rs. 27,705 | |
For the next 17 years | 1610*17 | Rs. 55,075 | |
Dearness Allowance (DA) | 40% of the basic pay(based on the Inflation rate) | ||
House Rent Allowance (HRA) | 7%-9% of the basic pay(Location dependent) | ||
City Compensatory Allowance | 0% – 4% of the basic pay (Location dependent) | ||
In-hand Salary | Rs. 34,503/- to Rs. 37,000/- |