GIC Insurance Scale I Syllabus and Exam Pattern 2021

GIC Insurance Scale I Syllabus

General Insurance Corporation (GIC) of India Officer (Scale I) Recruitment, 2021 Syllabus and Exam Pattern

General Insurance Corporation (GIC) of India, the 11th largest Reinsurance Company in the world recently released a notification regarding the recruitment of eligible candidates for the post of Assistant Manager (Scale-I).

There are 44 vacancies in diversified streams such as General, Legal, Insurance, and Financial streams. This will be a great opportunity for candidates who wanted to pursue a career in Mumbai for the initial posting will be in the GIC Head Office, Mumbai.

In this article, we are going to give you a detailed outline of the GIC recruitment of Scale I officers 2021 along with a detailed syllabus and exam pattern. Check it out.

Exam pattern (GIC) of India Officer (Scale I)

The selection procedure of the General Insurance Corporation (GIC) of India Officer Scale I Recruitment 2021 consists of three phases.

  • Online Written Examination
  • Group Discussion (GD)
  • Interview

The total marks for Written Test, Group Discussion, and Interview will be 200 Marks.

Exam Pattern of General Insurance Corporation (GIC) of India Officer (Scale I) Recruitment, 2021

Exam Pattern for Specialists Scheme including Legal, Insurance and Financial streams

Section DetailsType of QuestionsContent DetailsMaximum MarksTotal Number of QuestionsTime Limit
Part AObjectiveTechnical and Professional Knowledge test in the relevant discipline40 Marks40 Questions30 Minutes
Part BObjectiveTest of Reasoning
Test of English Language with special emphasis on grammar and vocabulary.
Test of General Awareness
Test of Numerical Ability and Computer Literacy
20 Marks
25 Marks
20 Marks
15 Marks 
20 Questions
25 Questions  
20 Questions
15 Questions
60 Minutes
Part CDescriptiveTest in English Language (Essay, precise writing and Comprehension)30 Marks03 Questions60 Minutes
  • For all streams, the total number of questions will be 123 and the maximum marks will be 150.
  • General and OBC candidates have to score a minimum of 60% marks to qualify in the online examination. For SC and ST candidates, it is 50% marks.
  • There will be negative marking in the online test. For each wrong answer, ¼ marks will be deducted.

Group Discussion and Interview

  • Candidates who score high marks in the online test will be shortlisted and will be intimated to appear for group discussion and Interview.
  • The maximum mark for Group Discussion is 20 and for Interview, it is 30 Marks.

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Detailed Syllabus (GIC) of India Officer (Scale I)          

Syllabus of High-Order Reasoning

  • Verbal Reasoning
  • Ven Diagrams and Syllogism
  • Circular and Linear Seating Arrangement
  • Double Line up
  • Scheduling
  • Blood Relations
  • Directions and Distances
  • Ordering and Ranking
  • Data Sufficiency
  • Coding and Decoding
  • Code Inequalities
  • Input-Output
  • Course of Action
  • Critical Reasoning
  • Analytical reasoning and Decision Making

Syllabus of English Language

  • Reading Comprehension
  • Grammar
  • Articles, Nouns, Adverbs, and Adjectives
  • Pronouns and Prepositions
  • Vocabulary
  • Synonyms and Antonyms
  • Idioms and Phrases
  • One Word Substitution
  • Verbal Ability
  • Word Association
  • Sentence Improvement
  • Inappropriate and wrongly spelled Words
  • Para Jumbles
  • Cloze Test
  • Error Spotting
  • Fill in the blanks

Syllabus of General Awareness

  • Financial Awareness
  • Current Affairs of last 6 Months
  • Insurance Updates
  • General Knowledge
  • Static Awareness
  • Banking Awareness
  • Financial Awareness

Syllabus of Computer Literacy

  • Internet and its usage
  • Keyboard Shortcuts
  • Computer Fundamentals
  • Computer Terminologies
  • Networking
  • Computer Abbreviations
  • Microsoft Office
  • Basic of Logic Gates
  • Memory
  • Excel and Powerpoint
  • Computer Hardware
  • Computer Software
  • Number System
  • Operating System

Syllabus for Numerical Ability

  • Number System
  • Fractions and Decimals
  • Percentages.
  • Simplification
  • Problems on Ages.
  • Approximation
  • Unitary Method
  • Average
  • Time and Work
  • Mixtures and Allegations
  • HCF and LCM
  • Profit and Loss
  • Time and Distance
  • Ratio and Proportions
  • Simple Interest
  • Compound Interest
  • Data Interpretation

Salary and Bond details of GIC of India Officer (Scale I)

The basic pay or monthly salary of the GIC of India Officer (Scale-I) is INR 32,795.

When it comes to the total emoluments, it accounts for about INR 65,000 per month excluding other benefits.

The selected candidates will have to sign a Guarantee Bond before joining as a Scale I Officer acknowledging the undertaking of a minimum period of 4 years including the probationary period.

Along with this, they will have to submit a stamped Indemnity bond duly executed by two sureties of sound financial standing and not related to the candidate, for an amount equivalent to one year’s gross salary.

GIC Insurance Scale I SYLLABUS FAQ

What is the official website address of GIC?

www.gicofindia.com

Is there any negative marking for Online Written Test of GIC Officer Scale-I Recruitment 2021?

Yes, 1/4 Marks will be deducted for each wrong answer.

How much is the examination fee for GIC Officer Scale-I Recruitment 2021?

INR 850

How many vacancies are reported for GIC Officer Scale-I Recruitment 2021?

44 Vacancies