30 Days Detailed Study Plan for LIC AAO 2021

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 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.

Events Expected Dates
Notification Release June 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

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 Parajumbles 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 the free PDFs available in the website of 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

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