LIC AAO 2021

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LIC AAO Syllabus

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
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. 

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