LIC ADO Mains 2023 Exam-How to Score 50+ Marks in Insurance and Financial Marketing Awareness

Gearing up to appear in the LIC ADO Mains 2023 Exam? Want to score full marks in Insurance and Financial Marketing Awareness section? Have you covered the entire LIC ADO Mains 2023 exam?

In this article, we’ll throw light on the most important topics from the LIC ADO Mains 2023 exam and the best way to cover the syllabus with the help of a Free Mock Tests and some simple yet effectively valuable tips.

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ALSO READ: Will LIC ADO 2023 Mains Exam Be Tough?

LIC ADO Mains Exam Pattern 2023 for Open Market Category

Here is the LIC ADO mains exam pattern 2023 for the open market category.

• The Main Exam will be an objective test conducted (online objective tests) containing a total of 160 marks.
• There will be no penalty for wrong answers.

Given below exam pattern as per the LIC ADO mains syllabus 2023:

LIC ADO Mains Exam Pattern 2023 for Open Market Category
Name of Test	No of Questions	Maximum Marks	Medium of exam	Duration
Reasoning Ability & Numerical Ability	50	50	English & Hindi	Composite120 minutes
General Knowledge, Current Affairs and English Language with Special Emphasis on Grammar and vocabulary	50	50	English & Hindi
Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and the Financial Sector	60	60	English & Hindi
Total	160	160

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LIC ADO Important Topics 2023: Insurance Marketing

The insurance marketing section can help you clear the LIC ADO mains exam. There are 2 main parts that make up Insurance marketing. They are: Insurance market awareness and financial awareness.

LIC ADO Syllabus 2023 Insurance Market Awareness

• Introduction and Life Insurance History, General Insurance History, Types of Insurance, Indian Insurance Market, Insurance Current Affairs, Insurance Ombudsman, Bancassurance, and Current insurance schemes
• Sector Insurance Companies, ULIP (Unit Linked Insurance Plan Public), Glossary of Insurance Terms, Private Sector Insurance Companies.
• Abbreviations related to Insurance Industry, Employment State Insurance Scheme (ESIS). Other important topics such as Insurance Awareness, Schemes of Insurance such as PMFBY, PMJJBY, PMSBY, etc.
• LIC ADO Syllabus 2023 Financial Awareness

Indian Financial Market

• Derivative markets and private investment as well as Primary markets and secondary market
• Stock markets and Bond markets
• Capital markets and the government
• Insurance Industry, Mutual Funds, Regulatory Agencies, and Insurance Industry
• Role of Money markets in the financial system
• Special Statutes of Certain Financial Intermediaries and Foreign exchange study of the interbank market
• Financial Stability and Development Council, Establishment of FSDC, International Financial Organization.

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IBPS Clerk Mains 2022 Preparation Strategy

• Revise your notes.
• Practice basic Math and formulae.
• Solve important topic-wise questions.
• Assess your strengths and weaknesses.
• Craft the best strategy while attempting LIC ADO Mains 2023 Mock Tests.
• Practice avoiding negative marking by taking at least one LIC ADO Mains 2022 Mock Test.
• Analyze syllabus, section-wise important topics, exam pattern, cut-off, and last year’s exam analysis.
• Go through all the sample papers and previous years’ papers available in the market to familiarize yourself with the question pattern.

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6 Quick Benefits of the Best LIC ADO 2023 Mock Test

You can get the following benefits by taking the LIC ADO Prelims 2023 Mock Tests:

1. They will provide you with the best chance to work on your problem and turn your weaknesses into their strengths.
2. They will familiarize you with the style of the Exam question paper.
3. They will teach you how to manage to finish the exam on time, by helping you with the best time management needed to finish the exam on time.
4. After taking several LIC ADO Mians 2023 Mock Tests, you will be in a position to work on your weaknesses and can successfully make your own plan to overcome every weakness of yours.
5. By appearing in the Mock Test, you will get a fair idea about the paper pattern that comes in the exam.
6. By attempting the Mock Test multiple times candidates memorize questions and revise the entire syllabus in the simulated setting of the actual exam.

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