LIC Assistant Mains 2019: How To Ace Through GA Section

LIC has concluded the LIC Assistant Prelims Exam 2019 on 30th and 31st October 2019. Candidates who have gone through the prelims stage of LIC Assistant must check LIC Assistant Prelims Exam Analysis 2019.  LIC has released a huge number of vacancies this year for the post of LIC Assistant. Although, LIC has not released LIC Assistant Mains Exam Date but mains exam is estimated to be held in December 2019. Candidates who have checked their prelims performance should not wait for the LIC Assistant Prelims Exam Result 2019 and should start preparing for the Mains stage as soon as possible. 

Life Insurance Corporation of India (LIC) has released LIC Assistant 2019 Recruitment Notification recently for the recruitment of Clerical Staff including Cashier, Single Window operator, Customer Service Executive etc.

For a banking aspirant, General Awareness section comes out to be a big hurdle as banking exam is more Quantitative and Reasoning centric. This article is dedicated to deal with the preparation strategy of General Awareness(GA) section for LIC Assistant Mains. As we all know, most of the banking examination consist of General Awareness section in the mains exam. We will start with LIC Assistant Mains Exam Pattern 2019.

LIC Assistant Mains Exam Pattern:

LIC Assistant Mains Exam has 5 sections unlike the prelims stage that only has 3 section. Here is the detail pattern:

General Awareness Preparation Strategy for LIC Assistant 2019

It is important to ace GA section as there is sectional cut-off and sectional timing in LIC Assistant Prelims as well as mains exam. In LIC Assistant Mains exam, the General/ Financial Awareness carries a total of 40 question each carrying 1 marks. The level of question is almost moderate. Here are some tips to crack through this area:

Solve Mock Test: Solve as many mocks as possible. The mocks are designed in the way to make you exam ready. As we do not have any previous year’s paper for LIC Assistant Exam, you can help yourself by visiting to various other Banking and Insurance Exam Previous Year’s Paper.

Read Newspaper Daily: Read a standard newspaper like The Hindu, Indian Express daily. Focus more on economy and financial news as it has the highest chances to appear in the question paper. Do not makes note as you have only limited time, we have a alternative of this note making. You can make some important points out of it.

Monthly Magazine: Supplement your knowledge with a monthly magazine as it will help you in revising what you have gone through in the newspaper. Also, some of the important events that are not present in the newspaper are also covered in the monthly General Awareness Magazine. This will act as a comprehensive notes of your GA section.

Read, Revise, Solve: Read the static and current portion hand by hand and make sure to revise the content every week so that you don’t have to face failure. Solve the questions related to the Banking/ Financial Awareness. For helping you we use to publish MCQs for bank exam every day. The link is given below:

Quiz for the month of November 2019

Give Equal importance to each section: As there is sectional timing and section cut-off in LIC Assistant Mains exam, it is important for an aspirant to prepare all the sections so that they can get their name in the merit list.

GA Topics to be covered for LIC Assistant Mains Exam:

• National Current Affairs
• International Current Affairs
• Person in News/ Awards
• Economy Current Affairs
• Important organizations : SEBI, RBI
• Schemes launched by governments related to banking and finance
• Organizations:RBI; NABARD; Planning Commission; 5 year plans; Finance Commission; World Bank
• Economic/ Financial terms & concepts: GDP; GNP; PPP; HDI; Inflation; WPI; CPI; IIP; SLR; CRR; Repo rate; Reverse Repo; Bank rate; Mutual Funds, Open Market Operations; Money supply
• Different kind of accounts and corresponding interest rates
• NPA and SARFAESI
• Budget 
• Banking services: Assets, liabilities and working capital of a bank; NEFT; RTGS; Banking Correspondence agents;
• BASEL norms
• Types of Markets, Money and banking instruments
• Banking Abbreviations, terms and concepts (Static)
• Headquarters of Banks (Static)

Start Preparing For LIC Assistant Main 2019!

Check the LIC Assistant Mains Test Series below that includes full length mock as well.