IRDA Exam Syllabus

Exam on : 2020 - 2020

IRDA Exam Syllabus

The IRDA exam is executed through three phases, namely prelims, mains, and interview phases. The syllabus of the mains and prelims exam are as follows:

IRDA PRELIMS EXAM SYLLABUS 2020

English Language

Reasoning Ability

General Awareness

Quantitative Aptitude

Correct and Incorrect Usages, English Grammar, Rules for Preposition, Spellings, Comprehension, Error Spotting, Tenses Rules, Synonyms, Antonyms, and Vocabulary. 

The relationship, Similarities, Arithmetical Reasoning, Decision Making, Differences, Concepts, Space, Verbal and figure classification, discrimination, Problem Solving, Observation, Arithmetical Number Series, Visual Memory, Analysis and Judgement, Space Visualization, and Analogies.

Important Days, Current Events, Abbreviations, books and Authors, Indian Financial System, Budget and five-year plans, Science – Invention and Discoveries, Awards and Honors, International and National Organizations, Major Financial/ Economic News, International Current Affairs,Sports,  and National Current Affairs. 

Linear Equation, Data Sufficiency, Profit and Loss, Number Series, Ratio and Proportion, Mixtures and Allegations, Time and Work, Sequence and Series, Surds and Indices, Permutation and Combination, Number Systems, Problems on Ages, Data Interpretation, Average, Quadratic Equation, Probability, Simple Interest and Compound Interest, Time and Distance, Percentage, Mensuration -  Cylinder, Cone and Sphere, Probability, and Simplification. 

 

IRDA MAINS EXAM SYLLABUS 2020

Apart from the subject mentioned above matters, the IRDA includes some topics from the Mains exam's professional knowledge. These involve:

  • Insurance and Management

  • Economic and Social problems are striking insurance.

  • And the loans and regulations, along with their general application.

IRDA Exam Selection Process

The governing body has only issued the selection process for the post of Assistant Manager. It involves three stages, where the candidates need to qualify one after another based on aggregate and cut-off marks determined by the IRDA. Check out the specifications mentioned below:

  • Aspirants successfully registering for the IRDA exam are eligible to sit for stage I, i.e., the Prelims exam.

  • Applicants showing their efficiency in the prelims exam are qualified for giving the Mains exam, i.e., stage II.

  • Candidates fulfilling the criteria to pass the Mains exam are qualified for the interview phase.

  • Based on the candidate’s interview, he or she will achieve the Assistant Manager post.

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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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