Life Insurance Corporation of India (LIC) was established in 1956. It is currently India’s largest Insurance Company of India. LIC is an Indian state-owned Insurance Group and Investment Company with various departments playing an important role in building the Economy of the country. Life Insurance Corporation of India conducts LIC Exams 2023 for the post of AAO to recruit candidates in various branches. It is a national-level exam. AAO stands for Assistant Administrative Officer. LIC AAO offers opportunities to candidates for joining the Government Sector by clearing one of the reputed Insurance exams. The LIC AAO Exam Dates and LIC AAO notification has been finally released. The selection procedure is based on preliminary, main, and Interview sessions. Let’s have a look at the details of the LIC AAO 2023 Exam.
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LIC itself determines the syllabus. But, the syllabus varies from Preliminary to Mains exam.
LIC AAO Syllabus for Prelims:
English | Quantitative Aptitude | Reasoning | General Awareness |
Grammar | Mensuration | Puzzles | Banking & Financial Awareness |
Vocabulary | Time and Work | Seating Arrangement | Monetary Policies |
Error Spotting | Average, Ratio, Percentages | Directions and Distance | Economic Terms |
Comprehension | Speed, Distance and Time | Data Sufficiency | Current Affairs |
Passage Making | Mixture and Allegations | Blood Relations | Financial & Economics News |
Jumble Words | Permutation and Combination | Syllogism | Static GK |
Fill in the Blanks | Data Interpretation | Coding Decoding | Government Schemes, Agreement & Deals |
Sentence Framing | Probability | Inequality | Banking terms, rates, processes |
I. Nationality: a candidate must be either:-
(a) a citizen of India, or
(b) a subject of Nepal, or
(c) a subject of Bhutan, or
(d) a Tibetan refugee who came over to India before 1st January, 1962 intending to permanently settle in India, or
II. Age Limits:
(a) A candidate must have attained the age of 18 years and must have attained the age of 30 years i.e., he/she must have been born not earlier than 2nd September 1990 and not later than 1st September 2001.
(b) The upper age-limit prescribed above will be relaxed:
i. up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe if the posts are reserved for them;
ii. up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates if the posts are reserved for them;
iii. up to a maximum of five years for ex-employees of banking institutions.
iv. up to a maximum of five years if a candidate had ordinarily been domiciled in the Union Territory of Jammu and Kashmir and Union Territory of Ladakh during the period from 1st January, 1980 to 31st December 1989;
v. up to a maximum of five years in the case of ex-servicemen including Commissioned Officers and ECOs/SSCOs who have rendered at least five years Military Service as on 1st September 2019 and have been released;
III. Minimum Educational Qualifications: The minimum educational qualifications are prescribed for the LIC AAO Eligibility 2023:
The Candidate must hold a Bachelor's degree from any Private/Government recognized Institute.
The initial salary structure of the LIC AAO salary 2023 is listed below with a lot of financial, non-financial, and other perks & benefits. Let’s check things out in detail.
LIC AAO Salary Structure 2023 | |
Facilities | Amount |
Basic Pay | Rs. 27,840 |
DA | Rs. 10,553.14 |
DA (Arrears) | Rs. 176.27 |
HRA | Rs. 1987.65 |
Transport Allowance | Rs. 680 |
Temp Cash Allowance | Rs. 800 |
Cadre Spl. Allowance | Rs. 2000 |
Tech Exam Allowance | Rs. 555 |
Tech Exam Allowance (Arrears) | Rs. 555 |
Gross Salary | Rs. 45,147.06 |
Deduction | Rs. 6731.06 |
Net Salary | Rs. 38416.00 |
Hence, to attend the LIC AAO exam 2023 get to know the details about the LIC AAO 2023 Eligibility, salary, and syllabus. The details of the information will help the candidate to make certain planning about the preparation. Our Avision Institute is the best coaching for government exams and will help you to ace the exam 2023 with its resources, techniques, and expert faculties. Do join us now and embrace your future.
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