GIC Assistant Manager Mock Test Series

GIC Assistant Manager Exam Pattern 2023

The General Insurance Corporation (GIC) conducts the Assistant Manager Exam to recruit candidates for various managerial positions. Understanding the exam pattern is crucial for effective preparation. Below is the detailed exam pattern for the GIC Assistant Manager Exam.

Exam Structure

- Total Marks: 200
- Duration: 2 hours (120 minutes)
- Mode of Exam: Online

Sections and Weightage

• Reasoning Ability
  
  
  
  • Number of Questions: 40
  
  
  • Marks Weightage: 40
  
  
  
  


• Quantitative Aptitude
  
  
  
  • Number of Questions: 40
  
  
  • Marks Weightage: 40
  
  
  
  


• English Language
  
  
  
  • Number of Questions: 30
  
  
  • Marks Weightage: 30
  
  
  
  


• General Awareness
  
  
  
  • Number of Questions: 30
  
  
  • Marks Weightage: 30
  
  
  
  


• Insurance and Financial Market Awareness
  
  
  
  • Number of Questions: 30
  
  
  • Marks Weightage: 30
  
  
  
  

Marking Scheme

• Correct Answer: +1 mark


• Incorrect Answer: -0.25 marks


• Unattempted Questions: 0 marks

Overall Exam Highlights

- Total Questions: 200
- Total Duration: 120 minutes
- Negative Marking: Yes (0.25 marks for each incorrect answer)

This exam pattern provides a comprehensive overview to help candidates prepare effectively for the GIC Assistant Manager Exam. Focus on each section's weightage and practice accordingly to maximize your score.

Eligibility Criteria for GIC Assistant Manager Exam

The eligibility criteria for the General Insurance Corporation (GIC) Assistant Manager exam are outlined in several key areas, including age, educational qualifications, and work experience. Below is a detailed breakdown of these criteria:

1. Age Limit

• Minimum Age: Candidates must be at least 21 years old.


• Maximum Age: Candidates must not exceed 30 years of age.


• Relaxation in Age: There are certain relaxations for reserved categories:




• SC/ST: 5 years


• OBC: 3 years


• PwD Candidates: 10 years


• Ex-servicemen: As per government norms

2. Educational Qualifications

• Degree Requirement: Candidates should possess a Bachelor's degree in any discipline from a recognized university.


• Postgraduate Degree/Diploma: A postgraduate degree or diploma in finance, insurance, or management is preferred.


• Professional Qualifications: Candidates with professional qualifications such as Chartered Accountancy (CA), Cost Accountancy (CMA), or Company Secretary (CS) may have an advantage.


• Computer Literacy: Proficiency in computer operations is essential.

3. Nationality

• Citizenship: Candidates must be Indian citizens.


• Other Nationals: Citizens of Nepal, Bhutan, or persons of Indian origin who have migrated from other countries can also apply, subject to specific conditions.

4. Work Experience

• Experience in Insurance Sector: While not mandatory, having prior work experience in the insurance sector can be beneficial.


• Internships: Candidates with relevant internships may also be considered favorably.

5. Language Proficiency

• Language Requirements: Candidates must be proficient in English and should possess knowledge of regional languages as per the job requirements.

Conclusion
In summary, the eligibility for the GIC Assistant Manager exam includes specific age limits, educational qualifications, nationality requirements, and preferred work experience. Understanding these criteria is crucial for candidates aspiring to apply for this prestigious position.

Selection Process for GIC Assistant Manager Exam

The selection process for the GIC Assistant Manager exam consists of several key stages designed to evaluate the candidates comprehensively. Below are the detailed steps involved in the selection process:

1. Online Examination

• Objective Type Test: The first stage is an online objective type examination that assesses various subjects such as Reasoning, English Language, Quantitative Aptitude, General Awareness, and Professional Knowledge.


• Duration: The exam is typically of 2 hours, with each section having a specific number of questions and marks allotted.


• Negative Marking: There is usually a penalty for incorrect answers, where a fraction of the marks may be deducted for each wrong answer.

2. Group Discussion (GD)

• Shortlisting for GD: Candidates who perform well in the online exam are shortlisted for the Group Discussion round, which evaluates their communication skills, teamwork, and analytical abilities.


• Topics: The topics for GD can vary widely, often relating to current affairs, general knowledge, or industry-specific issues. Candidates are expected to express their opinions clearly and engage with other participants.


• Assessment Criteria: Participants are assessed on their ability to articulate thoughts, listen to others, and contribute constructively to the discussion.

3. Personal Interview

• Interview Panel: Successful candidates from the GD stage are called for a personal interview conducted by a panel of experts.


• Interview Format: The interview assesses candidates on various parameters including their knowledge about the insurance sector, problem-solving skills, and suitability for the role.


• Behavioral Questions: Candidates may be asked behavioral and situational questions to understand how they would handle specific scenarios in a professional setting.

4. Final Merit List

• Composite Scores: The final selection is based on the composite scores calculated from the online exam, GD, and interview performance.


• Ranking: Candidates are ranked according to their scores, and selections are made based on the number of vacancies available and the cutoff scores established.

5. Document Verification

• Verification Process: Candidates who are selected will undergo a document verification process to validate their eligibility, qualifications, and experience.


• Submission of Documents: Necessary documents such as educational certificates, identity proof, and other relevant papers must be submitted during this stage.

6. Medical Examination

• Health Assessment: A medical examination may be conducted to ensure that selected candidates meet the health standards required for the role.


• Fitness Standards: Candidates must fulfill specific medical criteria as stipulated by GIC.

Conclusion
The selection process for the GIC Assistant Manager role is rigorous, ensuring that only the most qualified and capable candidates are chosen for the position. Each step of the process evaluates different competencies, culminating in a thorough assessment of each candidate's suitability for the role.

How to Register For the GIC Assistant Manager Exam

Registering for the GIC Assistant Manager Exam is a straightforward process. Follow the step-by-step guide below to ensure a successful registration.

Step 1: Visit the Official Exam Website

• Open your web browser.


• Type the URL of the official exam website in the address bar.


• Press 'Enter' to navigate to the site.

Step 2: Navigate to the Registration Section

• Look for the “Careers” or “Examinations” tab on the homepage.


• Click on it to find the link for the GIC Assistant Manager Exam.


• Select the option that says “Registration” or “Apply Now.”

Step 3: Read the Instructions Carefully

• Before starting your registration, read all the instructions provided on the page.


• Make sure you meet the eligibility criteria for the exam.

Step 4: Create an Account

• If you are a first-time user, find the option to create a new account.


• Fill out the required information such as your name, email address, and contact number.


• Choose a strong password and confirm it.

Step 5: Fill in the Application Form

• Log in to your newly created account.


• Locate the application form for the GIC Assistant Manager Exam.


• Provide all necessary details, including personal information, educational qualifications, and work experience.

Step 6: Upload Required Documents

• Prepare scanned copies of necessary documents, such as:




• Photograph


• Signature


• Identity proof


• Educational certificates




• Upload these documents in the specified formats and sizes.

Step 7: Pay the Application Fee

• Review your application form for accuracy.


• Proceed to the payment section.


• Select your preferred payment method (credit card, debit card, net banking, etc.).


• Complete the payment and ensure you receive a confirmation receipt.

Step 8: Submit Your Application

• After completing all previous steps, click on the “Submit” button.


• Make sure to note down your registration number for future reference.

Step 9: Print Your Application

• Once your application is submitted, you will have the option to download or print it.


• Keep a copy of the application and payment receipt for your records.

Step 10: Stay Updated

• Regularly check your email and the official exam website for any updates regarding the exam.


• Prepare for the exam according to the syllabus provided.

By following these steps, you can easily register for the GIC Assistant Manager Exam. Good luck!

Why Choose EduRev's GIC Assistant Manager Exam Mock Test Series?

Preparing for the GIC Assistant Manager exam requires effective tools and resources. EduRev's Mock Test Series is designed to enhance your preparation with a variety of features.

Key Benefits:

• Comprehensive Coverage: The series includes all essential topics and subjects relevant to the exam.


• Real Exam Experience: Simulates the actual exam environment to build confidence.


• Detailed Performance Analysis: Get insights on strengths and weaknesses to improve your strategy.


• Regular Updates: Content is frequently updated to reflect the latest exam patterns.


• Flexible Learning: Access tests anytime, anywhere, fitting seamlessly into your schedule.

Elevate your exam readiness with EduRev’s GIC Assistant Manager Mock Test Series!

1. Comprehensive Insights with All India Rank and Percentile Calculation
EduRev’s GIC Assistant Manager mock tests offer a robust assessment of your performance by providing a comprehensive analysis that includes your All India Rank (AIR) and percentile. This feature allows you to understand where you stand compared to other candidates nationwide, giving you a clear perspective on your preparation level.

2. In-Depth Solutions and Analysis
Each mock test comes with meticulously crafted detailed solutions and analyses for every question. This feature not only helps in understanding the correct answers but also provides insight into the reasoning behind them. By reviewing these detailed explanations, you can enhance your problem-solving skills and grasp fundamental concepts more effectively.

3. Section-wise Testing Offered
The mock tests are structured to allow section-wise testing, enabling you to focus on specific areas of the syllabus. This targeted approach helps in identifying and strengthening weaker sections, ensuring a more rounded preparation strategy tailored to individual needs.

4. Aligned with GIC Assistant Manager Standards Emphasizing Analytical Questions
EduRev’s mock tests are meticulously designed to meet the standards of the GIC Assistant Manager examination. They place particular emphasis on analytical questions, which are crucial for success in this competitive exam. By focusing on these types of questions, you can develop critical thinking and analytical skills essential for the actual test.

5. Instant Results
Upon completion of each mock test, you receive instant results. This immediate feedback allows you to assess your performance right away, helping you to promptly identify areas for improvement and adjust your study strategies accordingly.

6. Based on the Latest Exam Pattern
The mock tests are designed in accordance with the latest exam pattern of the GIC Assistant Manager examination. This ensures that you are familiar with the format and types of questions you will encounter, making your preparation more effective and aligned with real exam conditions.

7. Strength and Weakness Analysis with Real-Time Experience
The mock test platform provides a thorough analysis of your strengths and weaknesses. By evaluating your performance in various sections, you gain insights into areas needing improvement. This real-time experience helps in fine-tuning your preparation strategy for optimal results.

8. Syllabus Alignment
All mock tests are closely aligned with the GIC Assistant Manager syllabus, ensuring that you cover all necessary topics comprehensively. This alignment guarantees that your preparation is relevant and focused, maximizing your chances of success.

9. Built-in Virtual Calculator Provided When Necessary
For questions requiring calculations, a virtual in-built calculator is provided. This feature aids in speeding up your problem-solving process and helps you practice under exam-like conditions, ensuring you are well-prepared to handle calculations efficiently during the actual test.

By leveraging these features of EduRev’s GIC Assistant Manager mock tests, you can significantly enhance your preparation and improve your chances of success in the examination.

Benefits of GIC Assistant Manager Test Series

The GIC Assistant Manager Test Series offers a comprehensive approach to preparing for the exam. Here are some key benefits:

• Covers Entire Syllabus through Tests



The test series is designed to encompass the entire syllabus, ensuring that candidates are well-versed in all topics. This thorough coverage helps in identifying weak areas and allows for targeted revision.




• Enhances Speed and Accuracy



Regular practice through the test series significantly improves both speed and accuracy. By simulating exam conditions, candidates learn to manage their time effectively while maintaining precision in their answers.




• Familiarizes with Exam Pattern



Participating in the test series exposes candidates to the actual exam pattern, including question types and formats. This familiarity reduces anxiety on the exam day and enhances overall preparedness.




• Boosts Time Management Skills and Confidence



The test series encourages the development of time management skills. Candidates learn to allocate their time wisely across sections, boosting their confidence as they become more adept at handling the exam within the allotted time.




• Provides Solutions and Detailed Analysis



Each test comes with detailed solutions and performance analysis, allowing candidates to understand their mistakes and learn from them. This feedback is crucial for continuous improvement and helps in refining strategies for better outcomes.

EduRev provides mock test series with all these benefits, enhancing your preparation for the GIC Assistant Manager exam.

Tips and Tricks to Prepare Effectively for GIC Assistant Manager Exam

• Understand the Exam Pattern: Familiarize yourself with the exam structure, including the number of sections, types of questions, and marking scheme. This helps in strategizing your preparation.


• Create a Study Schedule: Develop a well-structured timetable that allocates specific time slots for each subject. Consistency is key, so stick to your schedule.


• Focus on Core Subjects: Identify the key subjects that carry more weight in the exam. Prioritize your preparation for these areas to maximize your score.


• Revise Regularly: Regular revision is crucial for retention. Set aside time each week to review previously studied material to ensure it stays fresh in your mind.


• Stay Updated with Current Affairs: Keep abreast of the latest news, especially in finance and insurance sectors. This knowledge is often tested and can give you an edge in the exam.

Importance of Practicing with Mock Exams and Sample Papers

• Enhances Time Management: Practicing with mock exams helps you develop effective time management skills, allowing you to allocate appropriate time to each section during the actual exam.


• Identifies Strengths and Weaknesses: Mock tests can help you identify areas where you excel and where you need improvement, enabling you to tailor your study plan accordingly.


• Familiarizes You with Exam Format: Regularly taking sample papers makes you comfortable with the exam format, reducing anxiety and increasing confidence on the exam day.


• Improves Problem-Solving Speed: The more you practice, the quicker you become at solving problems, which is crucial for sections that require speed and accuracy.


• Boosts Confidence: Regularly achieving good scores in mock exams can boost your confidence, making you more prepared and relaxed when it comes time for the actual exam.

Preparing for the GIC Assistant Manager exam can be a daunting task, but with the right resources and strategies, you can enhance your chances of success. EduRev offers the best coaching for GIC Assistant Manager exam preparation, featuring comprehensive online coaching and study material tailored to the GIC Assistant Manager syllabus. With free access to downloadable PDFs summarizing important chapters, you can efficiently cover the essential topics required for the GIC Assistant Manager insurance exam. The platform includes GIC Assistant Manager practice tests and mock tests to help you familiarize yourself with the exam pattern and boost your confidence. Additionally, EduRev provides insightful GIC Assistant Manager interview tips and a detailed overview of the recruitment process, ensuring you are well-prepared for every stage. You can also review GIC Assistant Manager previous year papers to gain insights into the types of questions frequently asked. The online course is structured to align with the GIC Assistant Manager eligibility criteria, offering a well-rounded preparation strategy that includes recommendations for the best books for the GIC Assistant Manager exam. Furthermore, you can stay updated on GIC Assistant Manager exam dates and optimize your study plan accordingly. Whether you're looking for insurance exam preparation tips or a deep dive into the GIC Assistant Manager job profile and salary expectations, EduRev is your go-to platform for comprehensive support in your journey toward becoming a GIC Assistant Manager.

Recommended Books for GIC Assistant Manager Exam

1. Indian Insurance Industry: A Comprehensive Overview
2. Insurance Principles and Practice by P. Periasamy
3. Fundamentals of Insurance by M.N. Mishra
4. Insurance Regulation and Development in India
5. Risk Management and Insurance by George E. Rejda
6. Insurance: Concepts and Applications by T. M. P. S. Rao
7. Life Insurance Products and Services by K. C. Mishra
8. General Insurance: A Comprehensive Guide
9. Financial Management for Insurance Companies
10. Insurance Marketing and Distribution Management

Enhance Your Preparation with EduRev

EduRev is an exceptional online learning platform tailored to meet the needs of aspirants preparing for the GIC Assistant Manager exam.

• Study Materials: EduRev offers a plethora of study materials designed specifically for the exam, ensuring a thorough understanding of concepts.


• Practice Questions: Access to a wide range of practice questions helps reinforce learning and build confidence.


• Mock Tests: Regular mock tests simulate the exam environment, allowing candidates to assess their preparation and improve time management skills.

Utilizing EduRev alongside these recommended books will significantly enhance your preparation strategy, ensuring you are well-equipped for the exam.