IRDAI Assistant Manager Phase 2 Exam Analysis 2024, Check Questions Asked

The IRDAI Assistant Manager Phase 2 Exam has been successfully conducted on 21 December 2024. The candidates who have appeared in the examination are now eager to know the difficulty level. The exam analysis is done based on feedback from many candidates and collecting questions from various centers. The general difficulty level of questions was Moderate. Here candidates can get the complete IRDAI Grade A Phase 2 Exam Analysis 2024.

IRDAI Assistant Manager Phase 2 Exam Analysis 2024: Difficulty Level

The IRDAI Grade A Phase 2 Exam Analysis will be based on a number of parameters for empirical analysis and comments on the examination. Based on the standard practice we have covered the exam analysis on Difficulty Level, and the types and nature of questions asked in the examination.  Overall the difficulty level of the examination was moderate as per the candidates. Here is the sectional analysis of the difficulty level in the exam.

IRDAI Assistant Manager Phase 2 Exam Analysis 2024: Section Wise

The IRDAI Grade A Phase 2 Exam is a descriptive examination with three sections: English, Economic and Social Issues Impacting Insurance, Insurance and Management. Here candidates can get a section wise analysis of the examination.

IRDAI Assistant Manager Phase 2 Exam Analysis 2024: English

The English section is held for 100 marks and there are questions in the form of Essays, Precis writing, Comprehension and Business/Office Correspondence. Here are a few topics in various sections that were asked in the examination.

Essay

• Insurance For All
• Pros and Cons of AI
• Power of Positive Thinking

Precis

• Status Related to Women in India

IRDAI Assistant Manager Phase 2 Exam Analysis 2024: Economic and Social Issues Impacting Insurance

In this section of IRDAI Phase 2 the concepts of candidates in Economic and Social Issues Impacting Insurance are tested. The overall marks for this paper are 100. The candidates found this paper to be of Moderate. Here are the questions asked in the Economic and Social Issues Impacting Insurance paper of IRDAI Grade A Phase 2 Exam 2024.

Q1. Initiative for Insurance Penetration – 300 Words, 24 Marks

Q2. Initiative for Sustainable Economy – 300 Words, 24 Marks

Q3. Deposit Ratio is on fall, what is impact on Insurance sector – 300 Words, 24 Marks

Q4. (a) CBDC – 7 Marks

(b) SGB – 7 Marks

(c) Write a short note on Vaya Vandana Card – 7 Marks

(d) Loss Deduction Method – 7 Marks

IRDAI Assistant Manager Phase 2 Exam Analysis 2024: Insurance and Management

The Insurance and Management paper tests the core concepts of candidates. The candidates found this paper to be moderate and there were questions from topics related to insurance and management. Here are the questions asked in the Insurance and Management paper of IRDAI Grade A Phase 2 Exam 2024. Candidates have to do 4 questions out of 6 questions and each question was of 7.5 marks and 150 was the word limit.

• Static V/s Dynamic Risk
• Insurable Interest Gives to People with respect to Life Insurance
• Difference between, Peril, Risk and Hazard
• Geopolitical Risk and Insurance
• Cyber Security Risk and its challenges in the Insurance sector
• Role of Assessor in General Insurance

Q1. A)

i) What is OB?

ii) Students cannot recall this question.

B) 

i) Motivational Theory

ii) Leadership Theories

Q2. Zomato Case Study

Q3. Graph on Health Insurance

Q4. Graph on Life Insurance

Q5. (a) Authority and Delegation

(b) Staffing

(c) Personality Development V/s HRM

IRDAI Assistant Manager Phase 2 Exam Analysis 2024: Watch Video

IRDA Assistant Manager Phase II Exam Pattern 2024

The IRDAI Assistant Manager Phase II Exam is of descriptive type and consists of three papers. In this test, questions will appear on screen and aspirants will have to write the answer on answer sheets. All three papers will be held in both English and Hindi language(except the test of English Language, which will be conducted only in English).