As you all know that New India Assurance Company Ltd has released the notification for the recruitment of 312 officers (Generalist & Specialist) in Scale-I Cadre. All those who couldn’t perform well in the previously held SBI PO, Clerk, IBPS PO and other examinations have got a second bite at the cherry with this notification. All those who seek to make a headway in their career with the insurance sector can apply for the post and get a job in this sector. Here are the answers to frequently asked questions about NIACL AO Examination 2018.
Important Events
Commencement of online registration of application: 10th December 2018
Closure of registration of application: 26th December 2018
Closure for editing application details: 26th December 2018
Last date for printing your application: 11th January 2019
Online Fee Payment: 10th December to 26th December 2018
The post which will be available in this recruitment project by NIACL is of Officers in Scale-I in Generalist and Specialist Streams:
- Company Secretary- 2
- Legal- 30
- Finance & Accounts- 35
- Generalist- 245
☛ When will be the exam conducted?
The Tentative dates for Preliminary Exam is expected to be on 30th January 2019.
The Tentative dates for Mains Exam 2nd March 2019.
☛ How many vacancies are there?
The number of vacancies is 312 for AO in NIACL.
☛ When will the registration start?
Registration will start on 10th December 2018.
☛ What is the last date to apply for this post?
The last date to apply for this post is 26th December 2018.
What is the selection procedure of NIACL AO 2018?
The selection for AO will be done through a three-tiered process:
Phase I. Preliminary Examination (Objective)
Phase II. Mains Examination (Objective + Descriptive)
Phase III. Interview
Phase I. Preliminary Examination (Objective)
Phase II. Mains Examination (Objective + Descriptive)
Phase III. Interview
☛ Will the exam be conducted online or offline (OMR Based)?
Common Written Exam for NIACL AO will be conducted online (Both Prelims and Mains).
☛ What is the age criteria to apply in this common written exam?
Minimum Age: 21 years Maximum Age: 30 years, as on 01.12.2018
i.e. a candidate must have been born not earlier than 2nd Dec-1988 and not later than 1st Dec-1997 (both dates inclusive).
☛ What is the educational qualification required for various posts in this recruitment process?
| 1. | Generalists | Minimum qualification- graduate/post graduate in any discipline from a recognised University with at least 60% marks in either of the degree examination. (55% for SC/ST/PwBD) |
|---|---|---|
| 2. | Company Secretary |
ACS/FCS from ICSI and Graduation/Post-graduation in any discipline with min 60% |
| 3. | Legal | Graduate/Post-graduate in Law with min 60% (55% for SC/ST/PwBD) |
| 4. | Finance & Accounts |
Chartered Accountant (ICAI) and Graduation/Post-graduation in any discipline with min 60% (55% for SC/ST/PwBD) Or Cost and Management Accountant (The Institute of Cost Accountants of India, earlier known as ICWAI) and Graduation/Post-graduation in any discipline with min 60% (55% for SC/ST/PwBD) Or MBA Finance/PGDM FINANCE* with min 60% (55% for SC/ST/PwBD) Or M.COM with min 60% (55% for SC/ST/PwBD) |
Candidate should possess a certificate in proof of passing the qualifying examination as on 01.12.2018.
☛ What is the Application Fee?
For SC/ST/PWD 100/- (Intimation Charges only)
For General, OBC 600/- (App. Fee including intimation charges)
For General, OBC 600/- (App. Fee including intimation charges)
☛ What is the Structure of the exam?
NIACL AO Preliminary Examination Pattern 2018:
| Sr.No. | Name of Tests | No. of Qs | Maximum Marks | Duration |
|---|---|---|---|---|
| 1 | English Language | 30 | 30 | 20 minutes |
| 2 | Quantitative Aptitude | 35 | 35 | 20 minutes |
| 3 | Reasoning Ability | 35 | 35 | 20 minutes |
| Total | 100 | 100 | 1 hour |
NIACL AO (Generalist) Main Examination Pattern 2018:
| Serial Number | Section | Maximum Marks | Duration |
|---|---|---|---|
| 1. | Test of Reasoning | 50 | 120 minutes |
| 2. | Test of English Language | 50 | |
| 3. | Test of General Awareness | 50 | |
| 4. | Test of Quantitative Aptitude | 50 | |
| Total | 200 |
NIACL AO (Specialist) Main Examination Pattern 2018:
| Serial Number | Section | Maximum Marks | Duration |
|---|---|---|---|
| 1. | Test of Reasoning | 40 | 120 minutes |
| 2. | Test of English Language | 40 | |
| 3. | Test of General Awareness | 40 | |
| 4. | Test of Quantitative Aptitude | 40 | |
| 5. | In Specialist stream, an additional test to assess technical& professional knowledge in the relevant discipline |
40 | |
| Total | 200 |
(ii) Descriptive Test: The Descriptive Test of 30 minutes duration with 30 marks will be a Test of English Language (Letter Writing-10marks & Essay-20 marks).
☛ What is the cut-off for being recruited?
There is no fixed cutoff for NIACL AO Exam. It depends on the performance of candidates every year and the no. of vacancies. Your final score is calculated based on your performance in the Online Tests.
☛ Is there a criterion for negative marking?
There is negative marking of ¼ marks for every wrong answer.
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