Preparing for the IRDAI Assistant Manager exam? Understanding the detailed syllabus and exam pattern is crucial for your success. Here’s a breakdown of the key information and tips to help you prepare effectively for both Phase 1 and Phase 2 of the examination.
Overview of IRDAI Assistant Manager Recruitment 2024
- Organization: Insurance Regulatory and Development Authority of India (IRDAI)
- Position: Assistant Manager
- Total Vacancies: 49
- Exam Mode: Offline
- Question Types:
- Prelims: Objective-Type
- Mains: Descriptive-Type
- Total Marks:
- Prelims: 160 Marks
- Mains: 300 Marks (100 marks each for three papers)
- Marking Scheme: +1 for each correct answer
- Negative Marking: 1/4 mark deducted for each wrong answer
- Official Website: IRDAI Official Website
Selection Process for IRDAI Assistant Manager 2024
The selection process involves three stages:
- Phase I (Preliminary Exam):
- Format: Objective-type online exam
- Total Marks: 160
- Phase II (Mains Exam):
- Format: Descriptive-type exam with three papers, each of 100 marks
- Phase III (Interview):
- Candidates who clear Phases I and II are shortlisted for an interview round.
IRDAI Assistant Manager Exam Pattern 2024
Phase I (Preliminary Exam)
- Total Questions: 160 objective-type questions
- Duration: 1 hour and 30 minutes
- Sections:
- Reasoning: 40 questions, 40 marks
- English Language: 40 questions, 40 marks
- General Awareness: 40 questions, 40 marks
- Quantitative Aptitude: 40 questions, 40 marks
Phase II (Mains Exam)
- Format: Descriptive exam
- Papers:
- Paper 1: English (100 marks, 1 hour)
- Paper 2: Economic & Social Issues Impacting Insurance (100 marks, 1 hour)
- Paper 3: Insurance & Management (100 marks, 1 hour)
Detailed Syllabus for IRDAI Assistant Manager 2024
Phase I Syllabus
1. Reasoning
- Topics include:
- Analogies
- Visual Memory
- Problem-Solving
- Arithmetical Reasoning
- Decision-making
- Space Visualization
2. English Language
- Topics include:
- English Grammar
- Vocabulary
- Comprehension
- Synonyms & Antonyms
3. General Awareness
- Topics include:
- Current Events
- Awards and Honors
- Books and Authors
- Sports
- Important Days
4. Quantitative Aptitude
- Topics include:
- Number Systems
- Simplification
- Data Interpretation
- Time & Distance
- Probability
Phase II Syllabus
1. Economic & Social Issues Impacting Insurance
- Topics include:
- Economic Growth and Insurance Penetration
- Financial Markets and Systemic Risks
- Insurance Sector Reforms in India
- Social Security Laws and Micro-Insurance
2. Insurance & Management
- Topics include:
- History and Principles of Insurance
- Risk and Uncertainty in Insurance
- Legal Foundations of Insurance
- Nature and Scope of Management
- Leadership and Communication in Management
Top 20 FAQs About IRDAI Assistant Manager Exam 2024
- What is the total number of vacancies for IRDAI Assistant Manager 2024?
- The total number of vacancies is 49.
- What is the selection process for IRDAI Assistant Manager?
- The selection process includes a Preliminary Exam, Mains Exam, and an Interview.
- Is there negative marking in the IRDAI Assistant Manager exam?
- Yes, there is a 1/4 mark deduction for each wrong answer in the prelims.
- What is the duration of the Preliminary Exam?
- The duration is 1 hour and 30 minutes.
- What are the subjects included in the Preliminary Exam?
- The subjects are Reasoning, English Language, General Awareness, and Quantitative Aptitude.
- How many papers are there in the Mains Exam?
- There are three papers in the Mains Exam.
- What is the marking scheme for the Mains Exam?
- Each paper in the Mains Exam is for 100 marks.
- Are the questions in the Mains Exam objective or descriptive?
- The Mains Exam consists of descriptive-type questions.
- How can I prepare for the Reasoning section?
- Focus on topics like analogies, problem-solving, arithmetical reasoning, and decision-making.
- What topics are covered in the General Awareness section?
- Topics include current events, awards, sports, and important days.
- Is there a specific syllabus for the English Language section?
- Yes, topics include English grammar, vocabulary, comprehension, and synonyms & antonyms.
- What is the weightage of the Quantitative Aptitude section?
- The Quantitative Aptitude section carries 40 marks.
- What is the duration of each paper in the Mains Exam?
- Each paper is 1 hour long.
- What topics are included in the Economic & Social Issues paper?
- Topics include economic growth, financial markets, and insurance sector reforms.
- How many marks are allotted for the interview round?
- The interview marks are not specified but are crucial for final selection.
- What is the role of the IRDAI in the insurance sector?
- IRDAI regulates and promotes the insurance and reinsurance industries in India.
- Is there any sectional cutoff in the IRDAI Assistant Manager exam?
- The exam pattern does not explicitly mention a sectional cutoff.
- Can I attempt the exam in Hindi?
- The exam is generally conducted in English.
- How many attempts are allowed for the IRDAI Assistant Manager exam?
- There is no limit on the number of attempts as long as you meet the eligibility criteria.
- Where can I find the official syllabus for the IRDAI Assistant Manager exam?
- The official syllabus is available on the IRDAI website.
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