LIC AAO 2024: The Life Insurance Corporation of India conducts the LIC AAO exam to recruit eligible candidates for the post of Assistant Audit Officer.
[custom_query_form]
The LIC AAO selection is based on prelims, mains, and interview rounds.
The LIC provides a great opportunity for graduate candidates to fill the posts of LIC AAO Generalist, AAO Chartered Accountant, AAO Rajbhasha, AAO Information Technology, and AAO Actuarial via the LIC AAO Exam.
The work of the AAO is to formulate new schemes, manage claims and settlements, and inspect existing policies. The LIC AAO selection is based on prelims, mains, interviews and medical tests.
Get the latest update and complete information on the LIC AAO 2024 recruitment exam, along with important dates, eligibility criteria, exam pattern, syllabus, and more, in the given article.
LIC AAO 2024 Notification
The Life Insurance Corporation of India will release the LIC AAO Notification 2024 and the application form in April 2024 on their official website at licindia.in.
On release, the direct link to download the LIC AAO 2024 Notification will be provided here.
All the essential details related to the LIC AAO exam date, vacancy, application and selection process, salary, and more, will be included in the LIC AAO Notification.
LIC AAO 2024 Recruitment Highlights
Name of the Examination | LIC AAO |
Conducting Body | Life Insurance Corporation |
Name of the Post | Assistant Audit Officer |
Notification Release | licindia. in |
Category | Government Jobs |
Exam Level | National |
Exam Category | Insurance Jobs |
Frequency | Once in a year |
Selection Process | Prelims, Mains, Interview |
Exam Mode | Online |
Official Website | licindia.in |
LIC AAO 2024 Exam Dates
The LIC AAO Exam Date 2024 for prelims is May 2024, while the main exam will be held tentatively in June or July 2024. The precise exam date for the LIC AAO exam will be updated in the table soon.
Events | Dates(Tentative) |
---|---|
LIC AAO 2024 Notification | April 2024 |
LIC AAO 2024 Online Application Form | TBA |
LIC AAO Prelims 2024 Exam | TBA |
LIC AAO Prelims 2024 Result | TBA |
LIC AAO Mains 2024 Admit Card | TBA |
LIC AAO Mains 2024 Exam | TBA |
Declaration of LIC AAO Mains 2024 Result | TBA |
LIC AAO 2024 Eligibility Criteria
Candidates must review the LIC AAO 2024 eligibility criteria before applying for the post of Assistant Audit Officer.
Anyone who satisfies the LIC AAO eligibility criteria, including those related to nationality (only Indian citizens are eligible), age limit, and educational requirement, may apply for the exam.
Education Qualification
The required LIC AAO qualification is a graduation degree in any discipline from a recognized university.
LIC AAO 2024 Age Limit
The LIC AAO age limit is between 20 and 30 years. OBC category candidates can apply for up to 33 years, while OBC with ECO/SSCO can apply for up to 38 years. A 5-year relaxation will be given to SC/ST/ECO/SSCO (Gen) category applicants.
Candidates with benchmark disabilities will get an age relaxation of 10 to 15 years, depending on their category.
Category | Age Relaxation |
---|---|
SC/ST | 5 |
OBC | 3 |
PWBD(General) | 10 |
PWBD(SC/ST) | 15 |
PWBD(OBC) | 13 |
ECO/SSCO (GEN) | 5 |
ECO/SSCO (SC/ST) | 10 |
ECO/SSCO (OBC) | 8 |
Confirmed LIC employees | Further Relaxation of 5 Years |
LIC AAO 2024 Application Form
The LIC AAO 2024 online link will be active on the official website of LIC. Candidates have to complete their registration before they can fill out their applications.
- Visit the official website of LIC at licindia.in.
- On the home page, click on the “Career” option.
- Find the link for AAO Recruitment 2024,
- Find the option on “click here for new registration” and complete your registration with a valid email ID and number to get the provisional login credentials.
- Now fill out the application form and upload the scanned copy of the required documents, including the passport-size photo, signature, and thumbprint.
- Review your application, then continue by paying the application fee.
- You can download the LIC AAO application form for reference.
On release, the direct link for the LIC AAO form fill-up 2024 will be provided here.
LIC AAO 2024 Application Fee
General and OBC category candidates must submit INR 700 for the LIC AAO form, while the fee for SC, ST, EWS, and PwD is INR 85. The application charges for various categories are given in the table below.
Category | Application Fee |
---|---|
GEN/OBC | Rs.700+ GST |
SC/ST/PwD/EWS | Rs. 85+ GST |
LIC AAO 2024 Vacancy
It is expected that the LIC will release more than 600 vacancies for the LIC AAO 2024. The vacancy details will be out along with the LIC AAO notification. The LIC will release the vacancies category-wise.
On release, we will provide the LIC AAO vacancy details here. Meanwhile, candidates can review the previous year’s LIC AAO vacancy in the table.
Year | Vacancy |
---|---|
2024 | TBA |
2023 | 422 |
2022 | 168 |
2021 | 590 |
LIC AAO 2024 Selection Process
Those who clear all the stages of the LIC AAO selection process will be appointed as Assistant Audit Officers (generalists). There are 4 stages of LIC AAO selection: prelims, mains, interview, and medical exam.
The LIC AAO preliminary exam is objective, while the main exam consists of objective and descriptive questions. The candidates have to clear both rounds to appear for the interview.
The LIC AAO interview will consist of 60 marks. Each candidate needs to attain 30 points (UR/EWS/OBC) and 27 points (SC/ST/PWBD) to qualify for the interview round.
The LIC AAO selection is determined by the following stages:
Stages | Marks |
---|---|
Preliminary Exam | 100 marks |
Mains Exam | 325 |
Interview | 60 marks |
Pre-Recruitment Medical Exam | – |
LIC AAO 2024 Exam Pattern
The LIC AAO Exam pattern has two parts: prelims and mains. Candidates must review the exam pattern before appearing for the exam, as it will give them an idea about the nature of the exam.
LIC AAO Exam Pattern For Prelims
The LIC AAO preliminary exam is qualifying in nature. The LIC AAO exam pattern for prelims consists of 100 objective-type questions, each worth 1 mark.
There are three sections in the paper. For each section, candidates will have 20 minutes to complete it. For each incorrect response, 0.25 points are subtracted from the total score.
Sections | Total Questions | Total Marks | Duration |
---|---|---|---|
Reasoning | 35 | 35 | 20 minutes |
Numerical Ability | 35 | 35 | 20 minutes |
English Language (qualifying exam) | 30 | 30 | 20 minutes |
Total | 100 | 100 | 60 minutes |
LIC AAO Exam Pattern For Mains
The LIC AAO exam pattern for mains includes objective and descriptive questions. Candidates get 120 minutes to finish the objective section and 30 minutes to complete the descriptive section.
For every incorrect answer, there is a negative marking of ¼ marks.
Section | Total Questions | Total Marks | Duration |
---|---|---|---|
Reasoning | 30 | 90 | 40 minutes |
General knowledge and current affairs | 30 | 60 | 20 minutes |
Professional knowledge | 30 | 90 | 40 minutes |
Insurance and financial market awareness | 30 | 60 | 20 minutes |
Total | 120 | 300 | 120 minutes |
English Language( Essay and letter writing) | 2 | 25 | 30 minutes |
LIC AAO 2024 Syllabus
Knowing the LIC AAO syllabus will guide the candidates in making the study plan and LIC AOO preparation strategies in the appropriate direction.
The LIC AAO Syllabus includes reasoning, quantitative aptitude, English, general knowledge and current affairs, and insurance and financial market awareness. The subject-wise syllabus for Assistant Audit Officer (Generalist) is provided in this section.
Subject | Sub-topics |
---|---|
Reasoning | Input-output Coding-decoding Setting arrangements Inequalities Puzzles Blood relations Syllogisms Alphanumeric series Logical reasoning Statement arguments and conclusions Direction test Order and ranking |
Quantitative aptitude | Average Work and time Discount Time and distance Tangent Histogram Ratio and proportion Liner equations Percentage Interest Height and distance Mixtures and allegations Degree and radian Trigonometric ratio Profit-loss Circle and its cords Angles |
English | Reading comprehension Synonyms, antonyms Sentence rearrangement Cloze test Fill-in-the-blanks Error spotting Phrases and idioms Active passage Sentence correction Fillers Vocabulary |
General knowledge and current affairs | Geography Economy Important days Indian history and constitution Science and technology Commissions National and international events Government schemes and policies Discovery and technology Legislation |
Insurance and financial market awareness | Current banking news History of law and insurance Terminology and derivation Laws and policies Financial institutes Financial events |
LIC AAO Preparation Books
Candidates should start their LIC AAO preparation with the top-rated books. Apart from the preparation books, candidates also review the previous year’s exam papers and must take mock tests regularly to enhance their skills.
Some of the best LIC AAO books are English Grammer by Wren and Martin, Analytical Reasoning by M. K. Pandey, Quicker Mathematics by M. Tyra, Lucent General Knowledge by Lucent, and Insurance Awareness: Basic Concepts and Tips by Gauri Sankar.
LIC AAO Salary
Selected candidates for the post of LIC AAO will receive a basic pay of INR 32,795 and an annual increment of Rs. 1610 for 14 years. The maximum basic salary an AAO can get is INR 63,315.
The LIC AAO Pay scale is Rs 34,405; Rs 16,10 (14); Rs 55,335; Rs 17,45 (4); and Rs 6,215. Along with the salary, candidates will get various allowances such as HRA, DA, TA, CCA, etc. The candidate’s salary will reach nearly INR 50,658 with all the allowances and benefits.
LIC AAO 2024 Admit Card
The LIC AAO admit card will be available 7-8 days before the exam on the official website of LIC. All candidates must carry the LIC AAO admit card with a photo ID proof for verification. Candidates can download the LIC AAO admit card using their login credentials.
- Roll Number/Registration Number
- Password/DOB
LIC AAO 2024 Result
The LIC AAO result will be out for each stage separately. The LIC AAO result and merit list will be available on the official website. The final selection will be based on the LIC AAO result of the main exam and interview.
Within 10–15 days after the announcement of the result, the LIC will also release the LIC AAO scorecard. Candidates will be able to check their scores section-wise using their login credentials on the official website of LIC.
Those who will be selected will undergo a medical examination. Only those who clear the medical exam will be appointed as assistant audit officers.
LIC AAO 2024 Cut-off
Candidates must get the necessary sectional and overall marks to be considered for subsequent rounds. For each phase, the LIC AAO cut-off will be out category-wise. The descriptive English section is qualifying in nature.
The LIC AAO cut-off will be based on the number of vacancies, the number of participating candidates, and the difficulty level of the exam.
LIC AAO 2024 Recruitment FAQs
Ans- The LIC AAO Notification 2024 is expected to be out in April 2024.
Ans- The LIC will release the LIC AAO 2024 exam date and the LIC AAO notification in April 2024.
Ans- Yes, candidates have to serve a probationary period of one year.
Ans- LIC AAO gets a basic pay of Rs. 32,795 and an annual increment of Rs. 1610 for 14 years. The maximum basic salary an AAO can get is Rs. 63,315.
Ans- The selection of candidates is based on prelims, mains, and interviews, followed by the medical examination.
Ans- The LIC AAO Syllabus consists of reasoning, quantitative aptitude, English, general knowledge and current affairs, and insurance and financial market awareness.
Ans- The LIC AAO age limit to apply is between 20 and 30 years. Categories such as ST, SC, OBC, and PWD will get age relaxation.
Ans- The LIC AAO age limit to apply is between 20 to 30 years. Categories such as ST, SC, OBC, and PWD will get age relaxation.
Ans- Yes, there will be a negative mark of 0.25 in the LIC AAO exam.