Life Insurance Corporation of India (LIC) conducts Common Written Exam (CWE) once in a year for the recruitment of APPRENTICE DEVELOPMENT OFFICERS.
LIC ADO Eligibility Criteria:
i) For Employees category and Agents category in both Urban and Rural area – Applicant shall possess the Bachelor’s Degree of a University in India established under a statute or a foreign university approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
ii) An applicant from Others category for recruitment as an Apprentice Development Officer in both Urban and Rural area shall possess the Bachelor’s Degree of a University in India established under a statute or a foreign university approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
Preference may be given to those applicants who possess Masters Degree in Business Administration in Marketing or Post Graduate Diploma in Marketing from a University in India established under Statute or by an Institute approved by All India Council for Technical Education or a recognized Institution.
(i) The applicant shall have completed 21 years of age (in completed years) and not more than 30 years of age (in completed years).
LIC ADO Preparation Plan:
Normally, we have seen that aspirants are in different state of minds about how to make strategies to prepare for each section in the LIC ADO Exam and which are the important topics to be prepared first. If you plan well for the exam, we assure that you can crack this exam in your first attempt.
LIC ADO Exam Pattern:
Selection will be made on the basis of On-Line test followed by an Interview of candidates who qualify in the on-line test. On-line test will be of objective type, multiple choice of two hours duration comprising of the following three papers. Candidate MUST pass in each paper separately and should also obtain minimum marks in the aggregate of the three papers to qualify for the interview. The minimum marks to be obtained in each paper and in the aggregate shall be decided by LIC of India. The marks obtained by the candidate in each paper and in the aggregate shall be arrived at after deduction of the marks for wrong answers.
Books for LIC ADO Exam:
Best Books and study material play a vital in the preparation of any exam. There are thousands of books floating around for preparation of ADO Exam conducted by LIC through Common Written Exam (CWE). So, choose the best one available in the market.
LIC ADO Emoluments and Benefits:
During the apprentice period, the candidate selected as Apprentice Development Officer will be paid a fixed amount as stipend per month as per rules of the Corporation. At present the amount of stipend is about Rs.23836/- per month, except in case of candidates selected from LIC Employees category.
On appointment as a Probationary Development Officer, basic pay of Rs.11535/- per month (except for Employee Category candidates) in the scale of 11535-700(2)-12935 – 825(2) -14585 -840(17)-28865 (Under Revision) and other admissible allowances as per rules shall be payable. Total emoluments will be approximately Rs.26736/-. Other benefits include Gratuity, Defined Contributory Pension Scheme, LTC, Medical Benefit, Group Savings Linked Insurance (GSLI), Group Personal Accident Insurance, vehicle advance (2-wheeler/4-wheeler) as per rules and on confirmation in service, attractive performance linked Incentives.
Official Website: www.licindia.in
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