LIC AAO 2021

LIC- Life Insurance Corporation is owned by the Government of India which came into existence in the year 1956, September 1. There are more than 250 insurance companies in the Country that have merged with the LIC. In order to help people with better insurance cover, LIC is recruiting for the post of Assistant Administrative Officer through a competitive exam which is also considered as one of the toughest exams in India. It is important to know that the examination is being conducted in three phases, Preliminary, Mains as well as Interview. The LIC AAO 2021 Exam will be held in the near future. Through this blog, we aim to cover the LIC AAO Overview, important dates, syllabus, age relaxation and much more.

Recommended Read: Upcoming Government Exams 2021

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LIC AAO Exam Overview 

Every year, the LIC conducts exams for various positions, and these exams are held at regular intervals. For more in-depth or comprehensive information, aspirants interested in applying for various positions in the Life Insurance exam may go to their official website. Here’s a quick rundown of the LIC AAO Exam.

Features	Details
Exam Name	LIC AAO Exam
Conducting Body	Life Insurance Corporation
Post	Assistant Administrative Officer
Job Location	Anywhere in India
Exam Level	National
Exam Frequency	Once a year
Medium of Exam	English/Hindi
Exam Mode	Online
Intimation+Exam Fees	Rs 700 (General category) and Rs 85 (Reserved category)
Exam Website	https://www.licindia.in/Bottom-Links/careers

Also Read: PSC Exams 2021

Important Dates 

In order to appear for the test, dates are important to know and remember. For the vacancy of Assistant Administrative Officer, the below-mentioned examination dates are tentative in nature. Glance through the dates in the tabular format mentioned below:

Main Events	Examination Dates
LIC AAO notification	25th February 2020
LIC AAO Application	15th March 2020
Date of Preliminary Examination	May 2021 (Tentative)
LIC AAO Prelims Result	June 2021 (Tentative)
LIC AAO Mains Examination	June 2021 (Tentative)
LIC AAO Main Result	July 2021 (Tentative)
LIC AAO Interview	August 2021 (Tentative)
LIC AAO Final Result	September/October 2021 (Tentative)

Note: We will be updating you with the new dates soon we receive any sort of confirmation from official authorities. 

Check Out: LIC Agent Exam

LIC AAO Vacancies

Because of its nationwide presence, LIC AAO exam vacancies are often plentiful. It is necessary to remember, however, that the applicant can only apply for one position. The candidate’s application will be declared invalid if he or she applies for more than one position. The following are the LIC AAO vacancies by post:

Post	SC	ST	OBC	EWS	UNRESERVED	TOTAL
AAO IT	7	4	14	5	20	50
AAO Rajbhasha	1	1	2	0	4	8
AAO Legal	7	3	10	4	16	40
AAO Actuarial	4	3	8	3	12	30
AAO Chartered Accountant	6	3	11	4	16	40
Total	25	14	45	16	68	168

Selection Procedure

There is a three-tiered process for LIC AAO that the candidates need to clear to be eligible for the job vacancy they are applying for. These three stages are:

1. LIC AAO Preliminary Exam
3 Sections: Quantitative Aptitude, Reasoning Ability & English Language

2. LIC AAO Mains Exam
4 Sections: Reasoning Ability; General Awareness and Current Affairs; Professional Knowledge; Insurance and Financial Market Awareness; Descriptive Test

3. Interview

LIC AAO Age Limit and Relaxation 

According to the official notice, the date for calculating the age is March 1 of the exam year. The nominee must be at least 21 years old and not more than 30 years old (the candidates must have been born not earlier than 02.03.1990 and not later than 01.03.1999 both days inclusive). Candidates in the reserved category are granted the following age concessions:

Category	Age Relaxation
ECO/SSCO (OBC)	8 Years
ECO/SSCO (SC/ST)	10 Years
ECO/SSCO (GEN)	5 Years
A person with Benchmark Disabilities(OBC)	13 Years
A person with Benchmark Disabilities(SC/ST)	15 Years
A person with Benchmark Disabilities(Gen)	10 Years
OBC	3 Years
SC/ST	5 Years
Confirmed LIC employees	Further Relaxation of 5 Years

LIC AAO Syllabus & Exam Pattern

It is prerequisite that to know the examination pattern before appearing for the examination. It will help you with a holistic understanding of how you prepare yourself for the test. The LIC AAO Syllabus 2020 has changed. Glance through some of the main highlights of the pattern; 

Preliminary Exam Pattern

Syllabus	Marks	Duration
Quantitative Aptitude	35 marks	20 minutes
Reasoning Ability	35 marks	20 minutes
English Language (grammar, vocabulary and comprehension)	30 marks	20 minutes

Mains Exam (CA/Actuarial/Rajbhasha/IT) 

Syllabus	Marks	Duration
Reasoning Ability	90 marks	40 minutes
Insurance and Financial Market Awareness	60 marks	20 minutes
General Knowledge, Current Affairs	60 marks	20 minutes
Professional knowledge	90 marks	40 minutes
English Language (Letter Writing & Essay)	25 marks	30 minutes

Mains Exam (Legal)

Syllabus	Marks	Time
Reasoning Ability	90 marks	40 minutes
Professional Knowledge	90 marks	40 minutes
General Awareness, Current Affairs	60 marks	20 minutes
Insurance and Financial Market Awareness	60 marks	20 minutes
Legal Drafting for AAO	25 marks	30 marks

NOTE: The interview part carries 60 marks.

LIC AAO Syllabus Explained

A candidate who wants to appear for the test should be very much familiar with LIC AAO Syllabus. The syllabus is dynamic in nature and quite informative topics to read and understand. Go through the syllabus meticulously and come up with flying colours. In the below-mentioned table, the syllabus is divided into main sections like Reasoning, Quantitative Aptitude, English Language, Insurance & Financial market awareness, General Awareness and current affairs and descriptive paper. 

Reasoning Syllabus 

Logical Reasoning	Analytical Reasoning	Coding-Decoding
Blood Relations	Direction Test	Puzzles
Syllogism	Input-Output	Inequality
Seating Arrangement	Alphabet and Number Series	Statement, Arguments, and Conclusion

Quantitative Aptitude Syllabus 

Simplification	Approximation	Data Interpretation
Missing Number Series	Wrong Number Series	Quadratic Equations
Ratio and Proportion	Speed, Time and Distance	Permutation and Combination
Probability	Surds and Indices	Pipes and Cisterns
Mixtures & Alligations	Inequality	Mensuration
Time and Work	Boats & Streams	Age Problems
Interest	Profit & Loss	Average

English Language Syllabus 

Cloze Test	Sentence Rearrangement	Match the Columns
Phrase Replacement	Reading Comprehension	Antonyms and Synonyms
Fill in the blanks	Sentence Correction	Phrases and Idioms
Essay Writing (Mains Descriptive Exam)	Letter Writing (Mains Descriptive Exam)	–

Here’s a complete guide on preparing for English for Competitive Exams!

Insurance and Financial Market Awareness Syllabus

Indian Financial System	History of LIC and IRDAI	Indian Banking and Insurance Terms
Banking Committees	Banking and Insurance Abbreviations	Stock Market
Budget	Insurance Sector (Agencies, Headquarters, Jobs, etc.)	Indian and International Financial Institutions
Money market and Capital Market	Financial Market Risks	International Monetary Fund
Economic policies	Recession	Insurance Ombudsman
Bancassurance	Private and Public sector Insurance Companies	Government Insurance Schemes

General Awareness and Current Affairs Syllabus

Indian History	Indian Economics	Important Dates
Books and Authors	Capital of states and countries	Awards and Recognition
Inventions and Discoveries	Abbreviations	Government Schemes and Policies
About RBI and Insurance sector	Financial Institutions	Indian Politics
Sports	Static GK (currency, national parks, sanctuaries, dams, etc.)	Headquarters of Important Organizations
Obituaries	Information of all Current events across the world	Science and Technology

Descriptive Paper Syllabus

This part consists of a letter and essay writing. You can find the samples from 2019 question paper.

Best Books for LIC AAO

Now that you are familiarized with the LIC AAO syllabus, take a look at the important preparation guides and reference books to ace every section of the exam:

Section	LIC AAO Books
Quantitative Aptitude	1. Data Interpretation by Ajay Sharma 2. Quantum CAT by Sarvesh Verma 3. Fast Track Mathematics by Rajesh Verma 4. Quantitative Aptitude by RS Aggarwal 5. Magical Book by Quicker Mathematics by M. Tyra
Reasoning Ability	1. Analytical Reasoning by M K Pandey 2. Verbal & Non-Verbal Reasoning by RS Aggarwal 3. A New Approach to Reasoning-Verbal & Non-verbal by BS Sijwali, Indu Sijwali
English Language	1. Word Power Made Easy by Norman Lewis 2. Objective English by S.P. Bakshi 3. English Grammar and Composition by Wren & Martin
General Knowledge and Current Affairs	1. Pratiyogita Darpan 2. Jagran/Manorama Yearbook 3. Lucent’s General Knowledge
Insurance and Finance Market Awareness	IC 38/IC 33 (Life Insurance) & IC 34 (General Insurance) [These are PDFs which can be downloaded from the Insurance Institute of India website.]

Must Read: Best English Grammar Books

We hope the LIC AAO syllabus will help you with a comprehensive understanding of the examination that will fetch you a lucrative job profile. Want mentorship how you can prepare for this examination? Then book your 30 minutes of free counselling with Leverage Edu experts. Our mentors are ready to take you through the new heights of success.