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The authorized notification for the Life Insurance Corporation Assistant Administrative Officer i.e. LIC AAO Recruitment for the year 2022 will be released in March 2022. Similarly, The Reserve Bank of India i.e. RBI has also invited applications from competent candidates to occupy the job position of ‘Assistant’. Important details regarding both recruitment are given in the table below.
| Post Name | LIC AAO | RBI Assistant |
| Official website | www.licindia.com | https://www.rbi.org.in/ |
| Vacancy | 168 | 950 |
| Salary | Basic salary of Rs. 32795/- per month on the scale of Rs. 32795-1610(14) –55335– 1745(4) –62315, with various allowances as per regulations. | 3150-750 (3)-15400- 900(4) -19000-1200(6)-26200-1300 (2)-28800- 1480(3) – 33240 – 1750 (1)- 34990. |
| Application starts on | Yet to be notified | 17.02.2022 |
| Final date for applying | Yet to be notified | 08.03.2022 |
| Online Preliminary Test | Yet to be notified | March 26 & 27, 2022 |
| Result of prelims exam | Yet to be notified | Yet to be announced |
| Online Main Test | Yet to be notified | May 2022 |
| Mains exam result | Yet to be notified | Yet to be notified |
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Eligibility Criteria by Age: LIC AAO vs RBI Assistant
As per the official notification, the RBI assistant post is said to have an age limit range of 20-28 years. In the case of LIC AAO, the age range is defined as between 21 years and 30 years. Both the figures given above are in the case of unreserved i.e. general category candidates. Applicants who belong to categories that have a reservation are allowed relaxations in their upper age limit. The years vary among different categories and are as described in the table below.
| Category | LIC AAO | RBI Assistant |
| · Scheduled Caste
· Scheduled Tribe |
5 years | · 5 years
· Age limit- 33 years |
| Other backward classes | 3 years | · 3 years
· Age limit- 31 years |
| Ex-servicemen | Actual years of duty in the Defense Services plus three years, subject to a 45-year maximum age restriction. (In the case of disabled ex-servicemen from the SC/ST/OBC communities, the maximum age restriction is 50 years for SC/ST and 48 years for OBC.) | · period of service done in the defence forces + 3 years
· subjected to an upper age limit of 50 years |
| · Widows
· divorced women · women judicially separated who are not re-married |
– | 10 years |
| Candidates having work experience in the Reserve Bank of India | – | · Years of experience
· Maximum of 3 years |
| Person with disability | · General/EWS- 10 years
· OBC- 13 years · SC/ST- 15 years |
· General/EWS- 10 years
· OBC- 13 years · SC/ST- 15 years |
| LIC Employees | 5 years | – |
Click here to view the detailed syllabus of the RBI assistant exam 2022
Essential Educational Qualifications: LIC AAO vs RBI Assistant
1: What does the acronym "ATM" stand for in banking?
Below given are the educational qualifications required for the said posts.
| Topic | LIC AAO | RBI Assistant |
| Education | § AAO (Chartered Accountant): A bachelor’s degree from an Indian university or institution is required. The applicant must have passed the Institute of Chartered Accountant’s Final Examination and completed the Institute of Chartered Accountant’s Articles. The candidate must be a member of the Institute of Chartered Accountants of India as an Associate Member. Candidates must furnish their membership number, which will be confirmed by the Indian Institute of Chartered Accountants.
§ AAO (Actuarial): Bachelor’s Degree in any field from a certified Indian University/Institution and Candidates must have passed 6 or more papers of the Institute of Actuaries of India/Institute and Faculty of Actuaries, UK examination as of the eligibility date. Candidates must furnish their membership number, which will be confirmed by the Institute of Actuaries of India/Institute and Faculty of Actuaries of the United Kingdom. § AAO (Legal): Bachelor’s degree in Law i.e. LLB or LLM from a certified Indian University or Institution. At least 3 years of Bar experience is necessary. § AAO (Rajbhasha): Post Graduation in Hindi/Hindi translation with English as one of the subjects at the graduate level § OR § Post Graduation in English with Hindi as one of the subjects at the graduate level § OR § Post Graduation in Sanskrit with English and Hindi as subjects at the graduate level. § AAO (IT): Graduation in Engineering in specifications like Computer Science, IT or Electronics or MCA or MSC in Computer Science from a certified Indian University or Institution. |
· Bachelor’s Degree in any field with at least 50% marks in the aggregate
· Bachelor’s Degree in any discipline with a minimum pass class for SC/ST/PwBD candidates · Should have a working knowledge of word processing on PC. · A candidate who is an Ex-servicemen should either be a graduate from an established University or must have qualified the matriculation or its equivalent exam of the Armed Forces and should have done at least 15 years of defence service · should be proficient in the local language of the particular state or regions falling under that office for which you are applying (i.e. know to read, write, speak and comprehend the language) |
Application Procedure: LIC AAO vs RBI Assistant
The table given below lists the application link and the fees required to apply for the posts of LIC AAO and RBI Assistant.
| Topic | LIC AAO | RBI Assistant |
| Application link | www.licindia.com | www.rbi.org.in |
| SC/ST/PwBD/EXS fees | Rs. 85/- | Rs 50/- |
| OBC/General/EWS fees | Rs. 700/- | Rs 450/- |
Preliminary Examination Pattern: LIC AAO vs RBI Assistant
The preliminary examination pattern of LIC AAO and RBI Assistant are compared in the table below. Check this in detail before starting the preparation and attempting the mock tests.
| Topic | LIC AAO | RBI Assistant |
| Subjects | · Reasoning
· Quantitative Aptitude · English Language |
· English language
· Numerical ability · Reasoning ability |
| Marks | · Reasoning- 35
· Quantitative Aptitude- 35 · English Language-30 |
· English language- 30
· Numerical ability-35 · Reasoning ability-35 |
| Duration | 20 min for each section | 20 minutes for each subject separately |
| Number of questions | · Reasoning- 35
· Quantitative Aptitude- 35 · English Language- 30 |
· English language- 30
· Numerical ability- 35 · Reasoning ability- 35 |
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Main Examination Pattern: LIC AAO vs RBI Assistant
The pattern of the main examination of both LIC AAO and RBI Assistant are as given below:
| Topic | LIC AAO | RBI Assistant |
| Subjects | · Reasoning
· General Knowledge and Current Affairs · Data Analysis & Interpretation · Insurance and Financial Market Awareness |
· English language
· Reasoning · Numerical ability · General awareness · Computer knowledge |
| Number of questions for each subject | 30 | 40 |
| Max marks for each subject | · Reasoning- 90
· General Knowledge and Current Affairs- 40 · Data Analysis & Interpretation- 90 · Insurance and Financial Market Awareness- 60 |
40 |
| Duration | · Reasoning- 40 min
· General Knowledge and Current Affairs- 20 min · Data Analysis & Interpretation- 40 min · Insurance and Financial Market Awareness- 20 min |
· English language- 30 min
· Reasoning- 30 min · Numerical ability- 30 min · General awareness- 25 min · Computer knowledge- 20 min |
| Total number of questions/ total marks | 120 questions and 300 marks | 200 |
| Total duration | 120 min | 135 minutes |
- In the case of LIC AAO, there is 30 min English language descriptive writing test with 2 questions and a total of 25 marks. Letter writing and essay writing are mostly asked questions.
- In the case of the job post of RBI Assistant, there is a language proficiency test for the aspirants who passes the main examination.
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Vacancies: LIC AAO vs RBI Assistant
Category wise vacancy of LIC AAO is as shown in the table below.
| Post name | SC | ST | OBC | EWS | UR | PwBD | |||
| LD | VI | HI | ID/MD | ||||||
| AAO (CA) | 6 | 3 | 11 | 4 | 16 | 1 | 1 | 1 | |
| AAO (Actuarial) | 4 | 3 | 8 | 3 | 12 | 1 | 1 | 1 | |
| AAO (Legal) | 7 | 3 | 10 | 4 | 16 | 1 | 1 | 1 | 2 |
| AAO (Rajbhasha) | 1 | 1 | 2 | 0 | 4 | 1 | 1 | 2 | |
| AAO (IT) | 7 | 4 | 14 | 5 | 20 | 1 | 1 | ||
| TOTAL | 25 | 14 | 45 | 16 | 68 | 4 | 2 | 5 | 6 |
The vacancies available in the 2022 recruitment of RBI Assistant based on categories are as shown in the following table.
| Reserved Category | Number of vacancies available |
| General | 440 |
| EWS | 90 |
| OBC | 146 |
| SC | 151(2) |
| ST | 123(46) |
| VI | 15 (6) |
| HI | 25 (16) |
| OH | 18 (9) |
| ExS-1 | 40 |
| ExS-2 | 90 |
The number given in brackets means backlog vacancies
The post, RBI Assistant declared the state-wise vacancies in the official notification as shown in the table below
| Office | RBI Assistant Vacancies |
| Ahmedabad | 35 |
| Bangalore | 74 |
| Bhopal | 31 |
| Bhubaneswar | 31 |
| Chandigarh | 78 |
| Chennai | 66 |
| Guwahati | 32 |
| Hyderabad | 40 |
| Jaipur | 48 |
| Jammu | 12 |
| Kanpur & Lucknow | 131 |
| Kolkata | 26 |
| Mumbai | 128 |
| Nagpur | 56 |
| New Delhi | 75 |
| Patna | 33 |
| Thiruvananthapuram & Kochi | 54 |
| Total | 950 (48) |
The posts of LIC AAO and RBI Assistant has many similarities in things such as exam pattern and general syllabus for prelims exam. So, it would be ideal for aspirants who have already started their preparation for one of the posts to apply for the other exam as well. Download the Entri app to get access to a video lecture on the topics coming under the syllabus of upcoming bank and insurance exams.
