LIC HFL JA 2026 General Awareness Questions PDF with Quiz and Preparation Guide
The General Awareness section in the LIC HFL Junior Assistant 2026 exam can become one of the highest-scoring sections if prepared strategically. Unlike regular banking exams, LIC HFL gives special emphasis to the Housing Finance Industry, making topics like NHB, PMAY, RBI housing guidelines, insurance awareness, and financial institutions extremely important.
As per the official notification, the LIC HFL Junior Assistant online exam will contain 40 General Awareness questions for 40 marks with special emphasis on housing finance awareness.
| Topic | Questions Covered |
| Housing Finance Awareness | 10 |
| Banking & Financial Awareness | 10 |
| Insurance & Regulatory Bodies | 7 |
| Government Schemes & Current Affairs | 8 |
| Static GK | 5 |
The official LIC HFL Junior Assistant exam pattern includes five sections. The General Awareness section carries equal weightage and focuses heavily on housing finance topics.
| Section | Questions | Marks |
| English Language | 40 | 40 |
| Logical Reasoning | 40 | 40 |
| General Awareness (Special Emphasis on Housing Finance Industry) | 40 | 40 |
| Numerical Ability | 40 | 40 |
| Computer Skill | 40 | 40 |
Total Questions: 200
Total Marks: 200
Exam Duration: 120 Minutes
Negative Marking: 0.25 marks for each wrong answer
To prepare well for the LIC HFL JA 2026 General Awareness section, candidates should focus on housing finance topics along with banking and current affairs. Important areas include NHB, PMAY, CLSS, HFCs, RBI housing guidelines, insurance awareness, and government schemes, as the exam gives special emphasis to the Housing Finance Industry.
Candidates should prepare current affairs related to banking, economy, RBI updates, housing finance, and insurance sectors. Daily quiz practice helps improve speed and accuracy, while regular mock tests help in understanding exam-level questions, improving time management, and identifying weak areas before the actual exam.
Since LIC HFL is a housing finance company, the exam gives special emphasis to housing finance awareness and related banking concepts. Candidates are expected to understand topics like home loans, NHB, affordable housing schemes, HFCs, and real-estate finance. This makes the LIC HFL General Awareness section different from regular banking exams like SBI Clerk or IBPS Clerk.
Q1. What is the full form of LIC HFL?
Answer: LIC Housing Finance Limited
Q2. LIC HFL is a subsidiary of which organization?
Answer: Life Insurance Corporation of India (LIC)
Q3. What is the headquarters of LIC Housing Finance Limited?
Answer: Mumbai
Q4. Which organization regulates Housing Finance Companies (HFCs) in India?
Answer: Reserve Bank of India (RBI)
Q5. What is the primary function of the National Housing Bank (NHB)?
Answer: To promote and regulate housing finance institutions in India
Q6. Which committee recommended the establishment of National Housing Bank?
Answer: C. Rangarajan Committee
Q7. What does NBFC stand for?
Answer: Non-Banking Financial Company
Q8. What is the main objective of Pradhan Mantri Awas Yojana (PMAY)?
Answer: Housing for All
Q9. What is CLSS under PMAY?
Answer: Credit Linked Subsidy Scheme
Q10. Which organization provides refinance support to housing finance companies?
Answer: National Housing Bank (NHB)
Q11. What is the main business area of LIC Housing Finance?
Answer: Home loans and housing finance services
Q12. After RBI reforms, HFCs are regulated under which authority?
Answer: Reserve Bank of India (RBI)
Q13. What is the primary function of RBI?
Answer: Regulating monetary policy and the banking system in India
Q14. What is the base year of RBI’s Digital Payments Index?
Answer: March 2018
Q15. Within how many days must KYC data be uploaded to CKYCR?
Answer: 10 days
Q16. What does NaBFID stand for?
Answer: National Bank for Financing Infrastructure and Development
Q17. What is the minimum public shareholding required for Public Sector Banks?
Answer: 25%
Q18. What does UPI stand for?
Answer: Unified Payments Interface
Q19. Expand MSME.
Answer: Micro, Small and Medium Enterprises
Q20. What does DBT stand for?
Answer: Direct Benefit Transfer
Q21. What is CPI?
Answer: Consumer Price Index
Q22. Which institution maintains the CKYCR registry?
Answer: CERSAI
Q23. What does IRDAI stand for?
Answer: Insurance Regulatory and Development Authority of India
Q24. Where is the headquarters of IRDAI located?
Answer: Hyderabad
Q25. What is the primary role of IRDAI?
Answer: Regulating and developing the insurance industry in India
Q26. Which body regulates the securities market in India?
Answer: SEBI
Q27. Expand SEBI.
Answer: Securities and Exchange Board of India
Q28. What does SIDBI stand for?
Answer: Small Industries Development Bank of India
Q29. What is the headquarters of RBI?
Answer: Mumbai
Q30. What is the objective of Swachh Bharat Mission Urban 2.0?
Answer: Scientific waste management and clean urban areas
Q31. Which scheme focuses on affordable housing for urban poor families?
Answer: PMAY-Urban
Q32. Which ministry implements PMAY?
Answer: Ministry of Housing and Urban Affairs
Q33. Which government initiative promotes digital transactions in India?
Answer: Digital India
Q34. Which financial inclusion scheme was launched for bank accounts?
Answer: Pradhan Mantri Jan Dhan Yojana
Q35. What is the tagline of PMAY?
Answer: Housing for All
Q36. Which institution publishes the Monetary Policy?
Answer: Reserve Bank of India
Q37. Which organization issues Aadhaar?
Answer: UIDAI
Q38. Capital of Telangana?
Answer: Hyderabad
Q39. Currency of Japan?
Answer: Yen
Q40. Headquarters of SEBI?
Answer: Mumbai
Q41. Headquarters of NABARD?
Answer: Mumbai
Q42. Currency of the United Kingdom?
Answer: Pound Sterling
A. SEBI
B. NABARD
C. RBI
D. SIDBI
Answer: C. RBI
2. What does CLSS stand for?
A. Credit Loan Support Scheme
B. Credit Linked Subsidy Scheme
C. Central Linked Subsidy Scheme
D. Credit Level Security Scheme
Answer: B. Credit Linked Subsidy Scheme
3. Which institution provides refinance support to HFCs?
A. RBI
B. SEBI
C. NHB
D. NABARD
Answer: C. NHB
4. What is the full form of UPI?
A. Unified Payment Interface
B. Unified Payments Interface
C. Universal Payments Interface
D. Unified Processing Interface
Answer: B. Unified Payments Interface
5. Where is the headquarters of IRDAI located?
A. Mumbai
B. Delhi
C. Hyderabad
D. Chennai
Answer: C. Hyderabad
Candidates should prepare the latest banking and housing finance current affairs from the last 4–6 months. Focus especially on:
The LIC HFL GA section is different from IBPS-style banking exams because it heavily focuses on housing finance and insurance awareness.
Focus on the last 4–6 months, especially:
The LIC HFL JA 2026 General Awareness section is highly scoring if prepared with the right strategy. Since the exam specifically emphasizes the Housing Finance Industry, candidates should focus more on NHB, PMAY, RBI housing regulations, insurance awareness, and banking current affairs.
Daily revision, quizzes, and mock tests can significantly improve your score in this section. Consistent practice with exam-level questions will help you attempt the GA section quickly and accurately in the actual exam.
40 General Awareness questions are asked for 40 marks.
Yes, 0.25 marks are deducted for every wrong answer.
Housing Finance, NHB, PMAY, RBI updates, Banking Awareness, Insurance Awareness, and Current Affairs.
Prepare at least the last 4–6 months of current affairs.
Yes, the official notification specifically mentions special emphasis on the Housing Finance Industry.
Study banking awareness daily, revise current affairs regularly, and attempt mock tests and quizzes consistently.
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