IRDA Exam
Exam on : 2020 - 2020
IRDA Exam Overview
The IRDA or the Insurance Regulatory Development Authority was brought to existence in 2000 in August. The motive for establishing this authority was to enhance the Insurance sector and provide financial assistance to the Indian household. The supervisory body governs all the insurance companies in India, involving Life insurance companies and public insurance companies.
The IRDA exam is organized to recruit insurance agents for numerous insurance companies, known as Insurance Agent Exam or IC-38 Exam. Qualifying for this will approve an individual with an insurance license, valid for three years. The candidate needs to bear a 25-hour physical training to extend it again after post expiry. It is regulated via three stages, namely prelims, mains, and interview phases for the posts of a LIC agent, namely, Manager, Assistant Manager, General Manager, Assistant General Manager, and Deputy General Manager. However, there is no designated date or place for this Exam. It only occurs when a set of applicants are prepared to sit for the Exam, and the authoritative body will regulate it accordingly.
IRDA EXAM LATEST UPDATES
There is no recent news concerning the IRDA EXAM 2020. Candidates should check the official website of the conductive body for upcoming updates.
IRDA EXAM OVERVIEW
|
Name of the Exam |
IRDA exam or Insurance Regulatory Development Authority Exam |
|
Conducting Body |
Insurance Regulatory and Development Authority of India |
|
Post |
LIC Agent |
|
Exam Mode |
Online |
|
Number of Questions |
50 |
|
Time Allotted |
One hour |
|
Maximum Marks |
Fifty Marks |
|
Official Website |
irdai.gov.in |
IRDA Exam Dates
IRDA Exam Eligibility
IRDA Exam Syllabus
IRDA Exam Admit Card
IRDA Exam Cut Off
The Commission is likely to reveal the cut off for both the prelims and mains exam accordingly. It is the least marks that an applicant needs to attain for qualifying for the next round, though it may vary Category wise. You can access it from the official website.
IRDA Exam Vacancies
IRDA Exam Salary
An Assistant Manager's basic salary is Rs.28,150 per month, and is set for increment with time and experience. At present, the initial gross emoluments for Assistant Manager per month are Rs.81,000 approx.
IRDA Exam Exam Pattern
IRDA Exam Selection Process
IRDA Exam Preparation
The IRDA exam, as hosted by IRDA, is very competitive. Students should necessarily enhance their confidence level by learning and practicing every corner of the syllabus. The past year papers should also be solved, which may also help the candidates to gain strength. Keep in mind that no stone should be left unturned. Follow the expert's suggestion for a constant guide.
IRDA Exam Mock Test
Numerous sites and institutional organizations organize mock tests to help them in their enhancement and to do better. Students should surely go for these exams to develop their problem-solving skills and gain a positive mind during the Exam. Also, solving the previous year question papers will aid you to a great extent.
IRDA Exam Previous Year Question
Solving and practicing the previous year question papers will be a great help to you. It will help you gain insight into the patterns, question type, marks, allocation, and structure. These sets are accessible from the official portal of the conducting body. It will, indeed, show you the path of success in the examination hall.
IRDA Exam Result
The IRDA will issue the results of the Exam in its official portal. Candidates can check the consequences from the official portal itself by inserting the necessary details and verifying documents. After the completion of the two papers, the results will be out on a scheduled date.
IRDA Exam FAQs
What is the way to become an Insurance Agent?
The way of becoming an Insurance Agent is to get qualified for the IC 38 IRDA exam.
Is it essential for an applicant to attend training?
Candidates should necessarily meet 50 hours of training from a well-known training institution to act as LIC agents.
What is the name of the regulating body that conducts the IRDA Pre Recruitment Exam?
The IRDA exam is organized by the Insurance Institute of India on behalf of the Insurance Regulatory and Development Authority.
For how many years will the IRDA IC 38 certificate be valid?
The IRDA IC 38 certificate will be valid for at least three years.
How is the IRDA Exam Held?
Both the exams of IRDA, i.e., prelims and mains, take place online.
How many vacancies are there for IRDA 2020?
The regulating body is yet to disclose the number of seats for IRDA 2020.
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