How to Prepare for NIACL AO 2023? Study Plan and Resources

Home » Insurance » NIACL » NIACL AO » How to Prepare for NIACL AO

How to Prepare for NIACL AO

How to Prepare for NIACL AO: NIACL AO is conducted by the New India Assurance Co. Ltd. to recruit Assistant Officers. The vacancies are for Scale – 1 Officers. The exam consists of three stages – Prelims, Mains, and Interviews. This article will help you know the most important topics to cover for every subject that is tested. You will also get the best resources for preparation and a NIACL AO study plan.

NIACL AO Preparation – A Brief Overview

Candidates who are interested in applying for NIACL AO must know about the syllabus and exam pattern of the same. Knowing the subjects asked and the distribution of questions is vital. This will help understand the focus points and how you compare to them. Once you have understood the key focus areas, you can proceed with your preparation – beginning with the weaker areas and working from there. From the article linked below, you will be able to get a detailed idea about the NIACL AO Syllabus and the NIACL AO exam pattern, both for the Prelims and the Mains Exam. So make sure to go through that before starting your preparation.

Check Out the NIACL AO Syllabus and Exam Pattern 2023 Here

How to Prepare for NIACL AO – General Awareness

In this section, candidates will learn about the General Awareness section which is a part of the NIACL AO Mains exam. Let’s check out a few points about the NIACL AO General Awareness section.

General Awareness for NIACL AO Mains Exam

  • Question Format = Objective MCQ
  • Number of questions = 50
  • Number of marks = 50
  • Language of paper = English/Hindi
  • Negative Marking = Yes, 1/4 for each incorrect answer

Now that we know a bit more about the GA section, let’s see how the GA section was in the previous year question paper.

General Awareness in NIACL AO 2021

The last time the NIACL AO exam was held was on 3rd December 2021. The stats for the GA section in that exam are as follows:

  • The total number of questions was 50, out of which
    • Current Affairs – 38 questions
    • Static GK – 8 questions
    • Banking and Insurance – 4 questions

Most Important Topics for GA in NIACL AO 2023

Candidates can find below a list of the most important topics they should cover for the GA section of the NIACL AO Mains exam.

  • Number of Seats in Rajya Sabha: Maximum strength of Rajya Sabha is 250, out of which 12 members are nominated by the President and 238 are representatives of the States and of two Union Territories.
  • World Food Day: October 16th
  • International Day of Sign Languages: 23rd September. International Day of Sign Language is to support and protect the linguistic identity and cultural diversity of all deaf people and other sign language users.
  • headquarters of Financial Action Task Force: Paris, France
  • Metlife Intl. Holdings is looking to acquire a combined 15.27% shareholding of IGE (India) Pvt Ltd. and Elpro International Limited in PNB Metlife Indian Insurance company for a cash consideration of Rs. 1,906 crores
  • Shaktikanta Das has assumed charge as the 25th Governor of the Reserve Bank of India
  • China has planned to reach net zero carbon emissions by 2060.
  • India ranks 106th in FIFA (Fédération Internationale de football)
  • Padmaja Chunduru has been appointed managing director and chief executive officer (MD and CEO) of National Securities Depositories (NSDL). Prior to this, she was serving as MD & CEO of Indian Bank
  • World Maritime Day – 30th September
  • Ruskin Bond is the author of the book ‘Writing for My Life’.
  • KL Rahul is the brand ambassador for RealMe.

Important Topics for NIACL AO Mains GA Section – Banking Awareness

The following topics are important to study for the NIACL AO Mains General Awareness section-

  • Financial Institutions in India – NABARD
  • Regulatory bodies in Indian Financial System
  • NIACL in News – IRDAI
  • Insurance Basics Terminologies
  • Bond, Money, and Capital Market
  • Ombudsman
  • Niti Ayog
  • Mudra and MSME News
  • Important Article of India Constitution
  • Recent Amendments
  • G-20
  • Other Important Summits: SCO, BRICS, ASEAN
  • Budget 2023
  • City Rename
  • First in India
  • Books and Authors
  • Awards
  • Sports: Tennis
  • Defense News
  • Appointment
  • International

How to Prepare for NIACL AO – Frequently Asked Questions

Q1. What are the total number of questions in the NIACL AO Prelims?

A1. NIACL AO Prelims has 100 questions, for a total of 100 marks.

Q2. How many questions are there in NIACL AO Mains?

A2. NIACL AO Mains will have 200 questions for a total of 200 marks.


Download 500+ Free Ebooks (Limited Offer)👉👉