NIACL AO 2024 Exam Pattern and Syllabus
NIACL is a well-known insurance company in India and is preferred by many aspirants, being a government organization. Owing to the popularity, the competition to take a job here is also quite high. NIACL AO is one such post, which is very much awaited by many job aspirants every year. The eagerly anticipated NIACL AO notification 2024 which has finally been released, prompts interested individuals to familiarize themselves with essential details such as the selection process, NIACL AO eligibility criteria, salary structure, and additional particulars. Being informed about these aspects is crucial for those considering participation in the upcoming recruitment. To tackle challenges effectively, it's vital to possess comprehensive knowledge of the NIACL AO exam syllabus and pattern 2024, in particular. This equips you with the requisite tools to navigate complexities and optimize performance. Preparation rooted in insights garnered by a detailed understanding of the NIACL AO exam syllabus, enhances readiness, boosts confidence and enhances chances of success in the face of the challenge. Here, prospective candidates can familiarize themselves with the NIACL AO exam pattern 2024 and the detailed NIACL AO syllabus outlined in this year's notification. This will aid in strategic preparation ahead of the upcoming announcement.
NIACL AO Syllabus 2024
To stay well prepared for the challenge, you need to ensure that you are well-equipped with all the necessary information such as the NIACL AO exam syllabus 2024. There will be various sections in the NIACL AO exam and you should be aware of the complete NIACL AO syllabus. Check out to deduce the NIACL AO syllabus for all the sections/subjects and start preparing right away.
NIACL AO Syllabus for Prelims
| Section | Topics |
|---|---|
| Quantitative Aptitude | Ratio and Proportion, Simplification, Percentage, Average, Time and Work, Speed, Distance and Time, Mixture and Allegations, Percentage, Permutation, and Combination, Data Interpretation, Mensuration, Probability, Set Theory, Number Series, Number Systems, Profit & Loss, Simple Interest & Compound Interest, Surds & Indices, Sequence & Series, Mensuration – Cylinder, Cone, Sphere |
| English Language | Grammar, Vocabulary, Error Spotting, Reading Comprehension, Cloze Test, Para Jumble, Fill in the Blanks, Sentence Correction, Miscellaneous |
| Reasoning Ability | Inequality, Coding-Decoding, Syllogism, Machine Input-Output, Data Sufficiency, Seating Arrangement, Logical Reasoning, Floor Puzzle, Scheduling, Verbal Reasoning, Ordering and Ranking, Blood Relations, Direction and Distance, Coded Inequalities, Puzzle Tabulation, Alphanumeric Series |
NIACL AO Syllabus for Mains
| Section | Topics |
|---|---|
| Quantitative Aptitude | Ratio and Proportion, Simplification, Percentage, Average, Time and Work, Speed, Distance and Time, Mixture and Allegations, Percentage, Permutation, and Combination, Data Interpretation, Mensuration, Probability, Set Theory, Number Series, Number Systems, Profit & Loss, Simple Interest & Compound Interest, Surds & Indices, Sequence & Series, Mensuration – Cylinder, Cone, Sphere |
| English Language | Grammar, Vocabulary, Error Spotting, Reading Comprehension, Cloze Test, Para Jumble, Fill in the Blanks, Sentence Correction, Miscellaneous |
| Reasoning Ability | Inequality, Coding-Decoding, Syllogism, Machine Input-Output, Data Sufficiency, Seating Arrangement, Logical Reasoning, Floor Puzzle, Scheduling, Verbal Reasoning, Ordering and Ranking, Blood Relations, Direction and Distance, Coded Inequalities, Puzzle Tabulation, Alphanumeric Series |
| General Awareness | Current Affairs, Indian Financial System, Indian Banking System, Monetary Plans, National Institution, Banking Terms, General Awareness, Static GK, History of Indian Banking Industry, Regulatory Bodies Monetary & Credit Policies, Budget Basics and Current Union Budget, International Organisation / Financial Institutions, Capital Market & Money Market, Government Schemes Abbreviations and Economic terminologies, Abbreviations and Economic terminologies |
NIACL AO Exam Pattern 2024
As per the 2024 notification for NIACL AO, the selection process will have three main phases: Prelims, Mains & Interview. Both Prelims & Mains will be online objective tests consisting of various sections/subjects from which the questions will be asked.
- Candidates will have to secure minimum qualifying marks in each section in order to move on to the next phase.
- Sectional timings will be there in the exam.
- Negative marking will also be there in both phases.
NIACL AO Exam Pattern: Prelims
NIACL AO exam pattern 2024 for the prelims exam will consist of three sections namely English Language, Reasoning Ability, and Quantitative Aptitude. Sectional timings of 20 mins each will be allotted which makes the total time to be 1 hour. This test is qualifying in nature hence the marks obtained in this exam will not be added to the final merit list, but important to move to the next stage. There will be a total of 100 questions for 100 marks. The test will be objective in nature. The vacancies there are 170 vacancies for Administrative Officers (Generalists and Specialists) as opposed to previous years. The breakdown includes 50 vacancies for Accounts. Check out the complete details below:
| Name of the Test (Objective Tests) | Number of Question | Max. Marks | Duration | Medium of Exam |
|---|---|---|---|---|
| English Language | 30 | 30 | 20 minutes | English |
| Reasoning Ability | 35 | 35 | 20 minutes | English/ Hind |
| Quantitative Aptitude | 35 | 35 | 20 minutes | English/ Hind |
| Total | 100 | 100 | 60 minutes |
NIACL AO Exam Pattern 2024: Mains
NIACL AO Mains will also be an objective test. The NIACL AO syllabus for the Mains exam for Generalists will comprise of four sections: Test of English Language, Test of Reasoning, Test of Quantitative Aptitude, and Test of General Awareness. The sections will carry 50 marks each. Sectional timings will be there this time. All the sections will be available bilingually except the test of English Language.
| Name of the (Objective) | Number of Questions | Maximum Marks | Duration | Medium of Exam |
|---|---|---|---|---|
| Reasoning Ability | 50 | 50 | 40 minutes | English/ Hindi |
| English Language | 50 | 50 | 40 minutes | English |
| General Awareness | 50 | 50 | 30 minutes | English/ Hindi |
| Quantitative Aptitude | 50 | 50 | 40 minutes | English/ Hindi |
| Total | 200 | 200 | 150 minutes (2 hours 30 minutes) |
There will also be an additional ‘English Descriptive test’ in this phase. The objective test will be of 200 marks whereas the 'descriptive test' will be of 30 marks and will be conducted immediately after the objective test. A total time of 2.5 hours will be allotted to complete the objective test whereas 30 minutes will be allotted for the English Descriptive test. The candidates will have to score minimum qualifying marks in each of the sections and Negative Marking: 0.25 marks per wrong answers.
| Topic | Maximum Marks | Duration |
|---|---|---|
| Essay Writting | 20 | 30 minutes |
| Letter Writting | 10 | |
| Total | 30 | 30 minutes |
Note :
The ‘descriptive test’ will only be evaluated for those who clear the objective test.
Candidates will be assessed on the basis of their 'Essay & Letter writing' skills.
All candidates need to qualify in the descriptive test in order to move ahead to the interview stage. Although the marks scored will not be considered in the final selection.
Interview
The candidates who will qualify in the objective, as well as descriptive test, will be called in for the final phase of the NIACL AO selection process, i.e. Interview. The Interview will be conducted at selected centres. The weightage of the online exam & interview will be in the ratio of 75:25 ratio of Mains + Interview scores respectively. Separate call letters will be made available for the Interview stage which need to be downloaded from the official website of NIACL.
Marking Scheme
NIACL AO Prelims & Main examinations, both will consist of online objective tests which will have questions based on various subjects. Each of the questions will carry 1 mark and there will be a negative marking of 1/4th marks, i.e. 0.25 of the marks allotted for each question will be deducted in case of an incorrect answer. There will not be any deduction for an unanswered question.
NIACL AO Exam Marking scheme
| NIACL AO Exam Marking scheme | Considered Marks |
|---|---|
| For correct answers | 1 mark |
| For wrong answers | 0.25 marks |
| For not attempted | 0 (no marks) |
Exam Language
Both Preliminary and Mains of the NIACL AO exam process will be conducted online with objective-type questions. All the questions will be bilingual, i.e. available in both English and Hindi.
Note : This will not apply to the ‘Test of English Language’. The ‘descriptive test’ will be available only in English as the test itself will assess students’ knowledge and understanding of the English language.
NIACL AO Books
It is not just important to know the NIACL AO exam syllabus but also to be fully prepared with good-quality study material. Nowadays, study material can be divided into two categories: online and offline. Although online resources are in trend, having good books is equally important. Books play a major role in exam preparation and you should make sure that you have quality material in hand. Beepedia is another way to stay updated with the latest news and improve your General Knowledge.
| Subject | Name of Book | Author/Publisher |
|---|---|---|
| Quantitative Aptitude | Practice Book on Quicker Maths, 2nd Edition | M.Tyra, K.Kundan / Magical Book Series |
| Quantitative Aptitude for Competitive Examinations 17th Edition | R.S Aggarwal / S.Chand Publisher | |
| Fast Track Objective Arithmetic | Rajesh Varma / Arihant Publishers | |
| General/Financial Awareness | Manorama Year Book 2024 | - |
| Pratiyogita Darpan | - | |
| Lucent’s General Knowledge | - | |
| Financial & Insurance Awareness with Current Affairs for Insurance & Bank Exams | Disha Experts | |
| English Language | Objective English 4th Edition | Edgar Thorpe / Pearson |
| Word Power Made Easy | Norman Lewis / Penguin | |
| Objective General English 2nd Edition | S.P Bakshi / Arihant | |
| Reasoning Aptitude | Arihant Publications – How to Crack Test of Reasoning: In all Competitive Exams | Edgar Thorpe / Pearson |
| Verbal and Nonverbal Reasoning – R S Aggarwal | Norman Lewis / Penguin | |
| Analytical Reasoning – M K Pandey | S.P Bakshi / Arihant |
To receive proper guidance throughout, you can also take a look at NIACL AO (Generalist) Online Course, and of other streams as well, which has been prepared by experts and will assist you in planning a fruitful strategy for yourself.
NIACL AO Free Mock Test
The NIACL AO notification 2024 has been announced and many job aspirants who are looking for a stable government job have begun their preparations for the upcoming exam. The competition thus cannot be expected to be an easy one. Therefore, intelligence lies in preparing yourself in advance. While you prepare, one thing that you shouldn’t ignore is enough practice. Based on the previous year's exams and the complete NIACL AO exam syllabus you can start preparing for the upcoming one. That’s where practicing NIACL AO mock tests come to the rescue. ixamBee provides online mock tests for NIACL AO Prelims & Mains. By practicing online mock tests, you will be able to develop a fair understanding of the NIACL AO syllabus and exam pattern while analyzing your current knowledge and status.
