Question: Is IRDA Exam Tough?

What is the passing marks for IRDA exam?

Measure intended to attract more advisors to insurance.

Measure intended to attract more advisors to insurance.

IRDA has reduced the passing mark for the pre-recruitment examination of insurance agents from 50 percent to 35 percent..

How can I pass IRDA exam?

Passing 35% =18 (even you score 17 marks ,One mark will be given as grace )Strategy To Pass this IC 38 LIC agent Exam.Obtain Minimum Marks.First Solve 10 question minimum——————10.Tick Ans “C” option remaining 40 Question———–10 (Probability)Total Obtain Marks=======20(Passed)

How many questions are there in IRDA exam?

50IRDA Exam HighlightsExam nameInsurance Regulatory and Development Authority ExamMode of ExamOnlineNumber of Questions50Time Allotted1 hourMaximum Marks50 marks2 more rows

Is there any negative marking in IRDA exam?

The Test contains 50 Multiple Choice Questions. … Each question carries one mark. There is NO NEGATIVE MARK for wrong answers. To qualify a person should get 35% marks.

How can I prepare for IRDA exam?

How to Prepare for IRDA Exam – Reasoning. Start your preparation with easy and scoring topics like Arrangement & Pattern and Coding Decoding. These two topics will most probably hold a weightage of 10-15 marks. Apart from these, regularly practice Puzzles, because it will be asked in exam for 10-15 marks.

What is the benefit of IRDA exam?

IRDA holds recruitment drive through Insurance institutes of India for IRDA exam. IRDA exam is an all India level exam that recruits eligible candidates for dignified posts in IRDA. The exam for IRDA is not an annual process, and the recruitment is done based on the requirement of the company.

What is IC 38 exam?

IC38 is a subject related to Insurance Industry. IC38 exam is conducted for people who want to become insurance adviser in any Insurance company. IC38 Subject contains all basic aspect of Life, Health and General Insurance industry. This Subject starts with inception of insurance to Reinsurance.

Which insurance company is under IRDA?

Registered Insurers – LifeAegon Life Insurance Co. Ltd.Aviva Life Insurance Co. India Ltd.Bajaj Allianz Life Insurance Co. Ltd.Bharti AXA Life Insurance Co. Ltd.Birla Sun Life Insurance Co. Ltd.Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.DHFL Pramerica Life Insurance Co. Ltd.Edelweiss Tokio Life Insurance Co. Ltd.More items…

Who can give IRDA exam?

Candidates interested to take the IRDA exam should be +2 from a recognized school/board. Candidates aspiring to take IRDA Exam should not be below 18 years of age, however, there is no upper age limit for taking IRDA Exam for becoming a LIC agent.

What is the fees of IRDA exam?

The registration fee for attending the IRDA agent exam is Rs. 700/-. Exam fee for attending the test is Rs.

What is the validity of IRDA Licence?

IRDA certificate is valid for a period of three years. No. Candidates need not write exam for Certificate Renewal. They have to undergo 25 hours of practical training in order to renew the certificate for another block of 3 years.

What is IRDA Licence?

An individual agent is one who has undergone requisite training, passed an examination and been duly licensed by IRDA to sell insurance polices to the public and provide after-sales service including assisting at the time of a claim. His licence may be for life insurance, general insurance or both.