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Life Insurance Corporation of India (LIC) is expected to release the notification for Assistant Administrative Officer (AAO) in the early half of 2021. LIC AAO is one of the most prestigious recruitment in the insurance sector because of the salary perks and other opportunities it provides. LIC released the notification for the AAO post in 2019 in the month of March. In this article, we are discussing the detailed 30 days study plan for LIC AAO 2021. Following this, we assure you sure success in the upcoming LIC AAO 2021.
LIC AAO Notification 2021
| Events | Expected Dates |
| Notification Release | July 2021 |
| Application End Date | July 2021 |
| Admit Card Release | August 2021 |
| Preliminary Exam | August 2021 |
| Mains Exam | September / October 2021 |
| Interview Date | November 2021 |
| Final Result | December last week 2021 |
LIC AAO Preliminary Exam Pattern
| Subject | Number of questions | Maximum marks | Duration |
| English Language | 30 | 30 | 20 minutes |
| Reasoning Ability | 35 | 35 | 20 minutes |
| Quantitative Aptitude | 35 | 35 | 20 minutes |
* English Language is of qualifying nature
LIC AAO Mains Exam Pattern
| Sections | No of Questions | Maximum Marks | Time Duration |
| Insurance and Financial
Market Awareness |
30 | 60 | 20 minutes |
| Data Analysis and Interpretation | 30 | 90 | 40 minutes |
| Reasoning Ability | 30 | 90 | 40 minutes |
| General Awareness | 30 | 40 | 20 minutes |
| Total | 120 | 300 | 120 minutes |
| English Language(Letter Writing & Essay) | 2 | 25 | 30 minutes |
* English Language is of qualifying nature
How to Prepare for LIC AAO 2021
LIC AAO Syllabus 2021
Quantitative Aptitude
- Number System
- Simplification/Approximation
- Quadratic Equation
- Ratio & Proportion
- Percentage
- Average
- Profit & Loss
- Mixture & Allegation
- Ages
- Partnership
- Simple and Compound Interest
- Time and Distance
- Boat and Streams
- Time and Work
- Pipes and Cistern
- Mensuration
- Probability
- Permutation & Combination
- Data Sufficiency
- Data Interpretation
- Quantity Based Questions
Reasoning Ability
- Analogy
- Coding-Decoding
- Inequality
- Alphabet test
- Blood Relation
- Series Completion
- Direction & Distance
- Number Ranking
- Puzzles
- Data Sufficiency
- Decision Making
- Syllogism
- Statement and Conclusion
- Statement and Inference
- Statements and Course of action
- Input-Output
English Language
- Reading Comprehension
- Cloze test
- Para jumbles
- Error Detection
- Sentence Improvement
- Sentence Connectors
- Passage Completion
- Idioms and Phrases
- Antonyms and Synonyms
- Subject-Verb Agreement
- Direct and Indirect Speech
- Active and Passive Voice
- Vocabulary
- Verbal Ability
Insurance / Financial Awareness
- History of Banking
- History of Insurance Sector
- International Organizations and Headquarters
- Bancassurance
- Money Market
- Capital Market
- Banking & Insurance Ombudsman
- Government Schemes
- Current affairs related to Banking and Insurance Sector
- Banking and Financial terms
- LIC and IRDAI history
- financial institutes, terminologies & derivations
30 Days Study Plan for LIC AAO 2021
| Days | English Language | Reasoning Ability | Quantitative Aptitude | General/Financial Awareness |
| 1 | Grammar Rules | Direction Sense | Important Formulae | History of Banking in India |
| 2 | Para jumbles | Alphanumeric Series | Simplification/Approximation | History of Insurance
Sector |
| 3 | Mock test 1 | |||
| 4 | Cloze test | Number ranking | Number ranking series | Indian and International Financial
Institutions |
| 5 | Revise Grammar Rules | Puzzles& Seating Arrangement | Average | Banking terms |
| 6 | Error Detection | Blood Relations | Ratio&Propotion | Money & Capital Market |
| 7 | Sentence Connectors | Inequality | Percentage | Bancassurance |
| 8 | Mock test 2 | |||
| 9 | Reading Comprehension | Puzzles | Ages | Banking & Insurance
Ombudsman |
| 10 | Error Detection | Partnership | Partnership | Govt. Schemes |
| 11 | Mock test 3 | |||
| 12 | Mock test 4 | |||
| 13 | Revise Grammar Rules | Data Sufficiency | Profit& Loss | Insurance & Banking terms |
| 14 | Reading Comprehension | Coding and Decoding | Time &Distance | Laws and policies related to Bank and Insurance |
| 15 | Cloze test | Input-Output | Boats &Streams | Government Insurance Schemes |
| 16 | Sentence Improvement | Statement- Argument | DI -Table | Economic Policies |
| 17 | Error Detection | Statement- Assumption | DI- Line Graph | History of LIC and IRDAI |
| 18 | Sentence Connectors | Statement- Course Of Action | DI – Bar Graph | Budget and Five Year plans |
| 19 | Parajumbles | Data Sufficiency | Time & Work | International Organizations & Headquarters |
| 20 | Mock test 5 | |||
| 21 | Parajumbles | Statement – Conclusion | DI-Pie Diagram | Financial Terms |
| 22 | Reading Comprehension | Data Sufficiency | Case Studies | Budget 2020 |
| 23 | Mock test 6 | |||
| 24 | Mock test 7 | |||
| 25 | Practice | Puzzles& Seating Arrangement | Permuatation& Combination | |
| 26 | Practice | Puzzles& Seating Arrangement | Probability | |
| 27 | Practice | Data Sufficiency | Mensuration | |
| 28 | Practice | Puzzles& Seating Arrangement | Data Sufficiency | |
| 29 | Mock test 8 | |||
| 30 | Mock test 9 | |||
LIC AAO Books for Reference
English Language
- Word Power Made Easy by Normal Lewis
- English Grammar & Composition by Wren and Martin
Reasoning Ability
- Verbal Reasoning by RS Agarwal
- Analytical Reasoning (BSC publication) by M K Pandey
Quantitative Aptitude
- Quantitative Aptitude For Competitive Examinations by R S Aggarwal
- Magical Book On Quicker Maths by M Tyra
- Quantum CAT by Sarvesh K Varma
Financial / Insurance Awareness
For Insurance awareness, you can refer to the free PDFs available on the website of the Insurance Institute Of India. Some examples are,
- IC 38 /IC33(Life insurance)
- IC 34 (General insurance)
Quick Tips for Selection
- Attend daily mocks
- Analyze the mocks
- Work on your negatives
- Attend Speed Tests
- Always stay motivated
Why Entri App?
- Updated study material
- High-quality mocks
- Perfect analysis along with all India rank
- Unlimited practice session
Conclusion
LIC AAO Exam notification details will be updated on this page, once it is announced on the official website. meanwhile, keep preparing and practicing the mock tests. Entri app provides you with best practice questions for the complete preparation of banking and insurance exams. For the completion preparation, download the Entri app and start preparing. You can also subscribe to our Youtube channel to avail the of free videos with high quality. For more details, download the Entri app and start studying.
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