GIC Assistant Manager 2022 Exam

The GIC is a reinsurance firm in India that is a state-owned corporation. The General Insurance Corporation of India (GIC) holds regular recruitment examinations to find qualified applicants for the position of Assistant Manager (Scale-I). The applicants will be chosen based on their performance in the Written Examination, Group Discussion, and Interview.  Candidates who pass the GIC recruitment exam will be assigned to various GIC offices in India and overseas. Assistant Managers will be chosen for several streams such as finance/accounting, information technology, legal, general, and insurance.

GIC Assistant Manager exam process for 2021 was over recently and hence, the notification for GIC Assistant Manager 2022 exam is expected to be released soon. Once the official notification for the exam is out the details like, the total number of vacancies and the dates of the exam will be announced. The given article, details various components of the exam which are important for all the aspirants.

Aspirants should carefully design a preparation strategy for the exam to excel in the exam.

About General Insurance Corporation of India

The General Insurance Corporation of India (GIC) was established in accordance with Section 9(1) of the General Insurance Business (Nationalisation) Act, 1972 (GIBNA). It was formed as a private company limited by shares under the Companies Act of 1956 on November 22, 1972. GIC was established with the aim of supervising, managing and carrying out the general insurance business.

GOI transferred all of its holdings in general insurance businesses to GIC as soon as it was founded. Meanwhile, the nationalised enterprises were given to Indian insurance firms. Following a merger procedure among Indian insurance companies, four businesses were left as completely owned subsidiaries of GIC.

With the implementation of the General Insurance Business (Nationalisation) Amendment Act 2002 (40 of 2002) on March 21, 2003, GIC ceased to be a holding corporation for its subsidiaries. The government of India now owns the four former subsidiary firms as well as the General Insurance Corporation of India.

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GIC Assistant Manager 2022 Overview

GIC Exam Notification 2022 will be released soon on the General Insurance Corporation of India’s official website. The GIC announces the recruitment exam for the position of Assistant Manager via an official announcement (Scale-I). Candidates can find the overview of the exam in the table given below:

GIC Assistant Manager Recruitment Overview
Name of Organization General Insurance Corporation of India
Posts Assistant Manager
Mode of Exam Phase I- Written Test- Online

Phase-II- Group Discussion and Interview – Offline

Selection Process 
  1. Online Test
  2. Group Discussion and Interview
Year 2021 2022
No. of Vacancies 44 To be announced
Application Start Date 11 Mar 2021 To be announced
Application End Date 29 Mar 2021 To be announced
Application Fee General and OBC- Rs 850/-

SC/ ST/ Female/ PH/ employees of GIC and GIPSA Member Companies- No Fee

To be announced
Last Day to pay the Application Fee 29 Mar 2021 To be announced
Admit Card Release Date 18th August 2021 To be announced
Exam Date 29 Aug 2021 To be announced
Results for Written Exam 20 Oct 2021 To be announced
GD/ Interview 25 Oct 2021- 1 Nov 2021 To be announced
Final Results 11 Nov 2021 To be announced

GIC Assistant Manager 2022 Notification

The official notification for the GIC Assistant Manager 2022 will give all the detail such as exam dates, syllabus, exam pattern, the total number of vacancies etc for the current year. The notification is expected to be released soon on the official website of the GIC. Candidates can download the notification from the official website. Once the notification is out we will update this page for the candidates to download the same from here.

The GIC Assistant Manager 2021 Exam Notification can be downloaded from here.

Download Here 

GIC Assistant Manager 2022 Apply Online

The application form for the GIC Assistant Manager 2022 is to be submitted online. The candidates can log on to the official website of the GIC and click on the New Registration/ Apply Online and enter the details required such as Name, Date of Birth, Exam Centres etc, and pay the required application fee before submitting the form.

To know the step by step process for applying online and the details of the selection process candidates can visit GIC Assistant Manager 2022 Notification.

GIC Assistant Manager 2022 Exam Pattern

The GIC Assistant Manager exam pattern gives applicants an indication of what to expect on the exam. The GIC Assistant Manager exam is divided into 3 components:

  • Reasoning
  • Numerical Ability
  • English Language
  • General Awareness
  • Descriptive (English Writing)

The details are as follows:

GIC Assistant Manager Exam Pattern for General Stream Candidates
PART A (Objective) Higher-Order Reasoning Ability/Critical Thinking 40 40
PART B (Objective) Test of Reasoning 20 20
 

 

 

Test of English Language with special emphasis on grammar and vocabulary. 25 25
Test of General Awareness 20 20
Test of Numerical Ability & Computer Literacy 15 15
Part C (Descriptive) Test in the English Language – Essay, precise and Comprehension 30 03
Total 150 123
GIC Assistant Manager Online Written Test for Specialist Stream Candidates
Section Subjects Max. Marks Number of Questions
PART A (Objective) Professional & Technical Knowledge Test in the relevant discipline 40 40
PART B (Objective)

 

 

 

Test of English Language 25 25
Test of Reasoning 20 20
Test of Numerical Ability & Computer Literacy 15 15
Test of General Awareness 20 20
Part C (Descriptive) Test in the English Language – Essay, precise and Comprehension 30 03
Total  150 123
GIC Assistant Manager Online Written Test for Specialist Stream Candidates

For more details on the exam pattern visit GIC Assistant Manager 2022 Exam Pattern.

GIC Assistant Manager 2022 Syllabus

Aspirants taking the GIC Assistant Manager 2022 exam should go through the GIC Assistant Manager Syllabus as candidates will be required to respond to both objective and descriptive questions. Having a knowledge of the exam syllabus helps the aspirants to prepare for the exam strategically covering the whole syllabus in time. The syllabus for the exam is as follows:

 

English Numerical Ability Reasoning General Awareness
  • Synonyms and Antonyms
  • Sentence formation
  • complete the sentence
  • Reading Comprehension
  • Usage of words
  • Error spotting
  • Ordering
  • Preposition
  • Conjunctions
  • Cloze Test
  • Numerical problems
  • Percentages
  • Profit Loss
  • Fraction, Ratios, Average & Volume
  • LCM, HCF
  • Mensuration formulas
  • Simple interest & Compound interest
  • Market price, Cash price & Expenditure.
  • Time & Work, Speed & Distance
  • Order & Ranking
  • Seating Arrangements
  • Shape Construction
  • Statement and Assumptions
  • Statement and Conclusions
  • Syllogism
  • Alphanumeric series
  • Reasoning Analogies
  • Artificial Language
  • Blood Relations
  • Calendars
  • Cause and Effect
  • Clocks
  • Coding-Decoding
  • Pattern Series and Sequences
  • History
  • Indian Constitution
  • Scientific Research
  • Sports
  • Inventions & Discoveries
  • Neighbouring Countries of India
  • Culture
  • Economics
  • General Polity
  • Geography

Get the detailed GIC Assistant Manager 2022 Syllabus in the linked article.

GIC Assistant Manager 2022 Eligibility Criteria

The GIC Assistant Manager recruitment process is divided into two stages: an online written exam and a personal interview. GIC Assistant Managers must be at least 21 years old. The following is an overview of the eligibility condition:

GIC Assistant Manager Eligibility Criteria
  Nationality
  • An Indian Nationality
  • A Nepalese or Bhutanese subject
  • A Tibetan refugee who arrived in India before January 1, 1962, intending to permanently settle in India, or
  • Migrated to India from Pakistan, Burma, Sri Lanka, East African countries Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia, and Vietnam.
  Age
  • Min: 21 years
  • Max: 30 years
  Educational Qualification Graduation. However, education qualification varies streamwise
  Experience   Not Required
  Number of Attempts   Till age limit

The details about the eligibility criteria and the relaxation in the age limit for various categories of candidates are discussed in the official notification. Visit GIC Assistant Manager 2022 Eligibility to learn more about the eligibility conditions for GIC Assistant Manager Exam.

GIC Assistant Manager 2022 Vacancy

The total number of vacancies for the post of GIC Assistant Manager Exam will be announced after the release of the official notification of GIC Assistant Manager 2022. For the GIC Assistant Manager Recruitment 2021, a total of 44 positions were made available. When vacancy information for the 2022 year becomes available, this page will be updated.

To learn more about the GIC Assistant Manager 2022 Vacancy, visit the linked article.

GIC Assistant Manager 2022 Salary

GIC Salary for the job of Assistant Manager is Rs. 32,795/- per month on a scale of Rs. 32795 – 1610(14) – 55335 – 1745(4) – 62315, with various allowances.

The GIC Assistant Manager’s in-hand salary is approximately Rs 65,000/-p.m., plus other benefits such as the New Pension Scheme and Newspaper/Internet Allowance, Leave Travel Subsidy, Medical Benefits, House Furnishing Allowance, Household Help Allowance, Sodexo, Personal Accident cover, housing, vehicle, and computer loans with subsidised interest, and more.

Because these benefits are permissible under the regulations and subject to certification of service in the Corporation. The officers are also entitled to the Corporation’s / leased accommodation in accordance with the rules.

GIC Assistant Manager 2022 Exam Dates

The GIC Assistant Manager Exam is conducted in August or September. Aspirants who are preparing for the exam should go through the official notification for the exam and familiar themselves with the exam dates. Knowing exam dates in advance helps to complete the syllabus in time and practice enough mock tests. Since the official notification for the year 2022 is not yet released we are providing the exam dates for the recruitment cycle for 2021, so that candidates can have an idea about the upcoming exam dates.

GIC Assistant Manager Exam Dates 2022
Year 2021 2022
Release of Notification 10 Mar 2021 To be announced
Start of Application 11 Mar 2021 To be announced
Last Day to pay Application fee 29 Mar 2021 To be announced
Release of Admit Card  18th August 2021 To be announced
Exam 29 Aug 2021 To be announced
Results for Written Exam 20 Oct 2021 To be announced
GD/ Interview 25 Oct 2021- 1 Nov 2021 To be announced
Final Results 11 Nov 2021 To be announced

To know GIC Assistant Manager 2022 Exam Dates in detail visit the attached link.

GIC Assistant Manager 2022 Admit Cards

The GIC Assistant Manager Admit Card will be provided to applicants who would successfully submit the application form and pay the application fee. The admit card contains information such as personal information, test date and time, exam centre and so on. Candidates can download the admit card from the official website of the GIC.

Admit Cards is an extremely important document which is required by all the aspirants who wish to sit for the exam. Candidates will not be able to enter the examination centre without the admit card. So all the aspirants would need to show a hard copy of the admit card to be able to write the examination.

After downloading the card ensure all the details provided in the admit card are correct. In case of any discrepancy contact the concerned authority. To know the steps to download the admit card, documents needed in the examination centre and the procedure to contact the authority in case of discrepancy, visit GIC Assistant Manager 2022 Admit Card.

GIC Assistant Manager 2022 Exam Centres

As mentioned above, aspirants would need to fill the form online if they wish to write the GIC Assistant Manager Examination 2022. Candidates will be required to specify their desired examination centre while filling out the application form. It does not, however, imply that the candidate’s desired exam centre will be assigned. The applicants will be assigned to a certain exam centre by the General Insurance Corporation of India based on the availability of the same and no requests to change the exam location will be entertained by the authorities.

Find the list of the GIC Assistant Manager 2022 Exam Centre in the linked article.

GIC Assistant Manager 2022 Cut-Off

The GIC Assistant Manager Cut Off will be made available on the official website of the GIC after the completion of the exam. The cut-off marks of the exam are normally determined by criteria such as the difficulty level of the exam, the total number of vacancies for the position and the number of people who sat for the exam. Since these factors change every year, hence the cut-off marks of the exam are also different every year.

Aspirants should have an idea about the cut-off marks for the examination beforehand as it can help prepare for the exam accordingly. For the convenience of the candidates, we have included the previous years’ cut-off marks and steps to download the cut-off marks in GIC Assistant Manager 2022 Cut-Off.

GIC Assistant Manager 2022 Results

The GIC Assistant Manager Examination Result will be available on the official website after the completion of all the online exams and then after the GD/Interview. The chosen candidates will be called for document verification and a medical test. Finally, the merit list of applicants will be released on the official website.

Minimum qualifying marks for the online written exam:

Category Minimum Qualifying Marks
General & OBC 60%
SC/ ST 50%

Minimum Qualifying Marks for the Final Merit List:

Category Minimum Qualifying Marks
General & OBC 60%
SC/ ST 50%

To know more about the steps to download the final results and calculate one’s marks visit GIC Assistant Manager 2022 Results.

GIC Assistant Manager 2022 Answer Key

Once the first step of the online test is completed, the GIC will provide the GIC Assistant Manager Answer key. The answer key will be available on the official website of the GIC. Candidates can calculate their expected marks using the official answer key for the GIC Assistant Manager Exam. The space would be updated once the answer key is released.

GIC Assistant Manager 2022 Previous Year’s Question Papers

Applicants benefit by solving GIC previous year papers in a number of ways. If they are solved with an effective plan and a righteous mindset, the benefits are maximised. Solving the previous years’ paper helps to get an idea of the actual exam level questions and difficulty level of the exam, improve time management and understand the important frequently asked themes in the exam.

Get the GIC Assistant Manager Previous Years’ Exam Papers in the linked article.

GIC Assistant Manager 2022 Books

To prepare for any competitive exam it is important that the candidates follow the right books. GIC Assistant Manager books are the most crucial to begin the preparation. Before practising online, applicants must first learn the concepts and basics of all subjects from the finest books on the market for GIC Assistant Manager 2022 test preparation.

The GIC Assistant Manager exam has mainly five subjects:

  • Reasoning
  • Quantitative Aptitude
  • English/ Hindi
  • General Knowledge
  • Computer awareness

The details of the Books for GIC Assistant Manager Exam 2022 are given in the attached link.

Some of the most famous books for each of the subject is given below

S. No. Subject Book Author/ Publisher
1. English Objective General English S.P Bakshi/ Arihant Publications
2. Hindi Samanya Hindi Book Lalit Vats and Reshma Sultan
3. Reasoning A Modern Approach to Verbal & Non-Verbal Reasoning R.S. Aggarwal/ S Chand Publications
4. Quantitative Aptitude Quantitative Aptitude for Competitive Examinations R.S. Aggarwal/ S Chand Publications
5. General Awareness Lucent’s General Knowledge Vinay Karna/ Lucent Publishing House
6. Computer Computer Awareness Arihant Publication

GIC Assistant Manager 2022 Preparation Strategy

To perform well in any of the competitive exams, the key component is the right preparation strategy. To prepare a good strategy candidates must completely understand the syllabus and examination pattern of the exam. To ensure selection in the GIC Assistant Manager Exam aspirants should follow the following tips:

  1. Go through the entire exam syllabus and comprehend the syllabus and exam format to know what all subjects to prepare for the exams.
  2. Make a timetable and make an effort to devote equal time to each subject. This will allow aspirants to devote more time to subjects they believe are more difficult.
  3. Read a newspaper everyday, to enhance communication skills and to stay updated on the recent happenings in the country. This would help both in the English Language and General Knowledge section of the exam.
  4. Solve previous years’ test papers to get an idea about the type of questions asked in the exam and to be aware of the exam format.
  5. Practice questions. Join a good Mock Test Series. This would build confidence and also helps to improve time management skills.
  6. For Group discussions ad Interviews read newspapers and improve the communication skills.
  7. Lastly take the exam with full confidence and give the best.

We hope the above information was informative and provided all the details required by the aspirants for the GIC Assistant Manager Exam 2022. For more information about eligibility, age, vacancies, study material etc for any other Insurance Exams follow BYJU’S.

GIC Assistant Manager 2022 Exam-Download PDF Here

Frequently Asked Questions about GIC Assistant Manager Exam 2022

When is the GIC Assistant Manager Exam 2022 scheduled?

Date of GIC Assistant Manager Exam 2022 is not yet released and will be announced soon.

How many vacancies are there for GIC Assistant Manager Recruitment 2022?

The official notification is not released yet, however the overall number of openings for the GIC Assistant Manager 2022 is expected to be 40 or more.

What is the procedure for selecting GIC Assistant Managers?

The GIC Assistant Manager Recruitment is divided into two stages. The first step will consist of an online test, followed by a group discussion and interview in phase two.

Is there any negative marking in the GIC Assistant Manager Exam?

Yes, candidates will be given +1 mark for every correct answer and penalised -0.25 marks for every incorrect response.

What is the age limit for the GIC Assistant Manager Exam?

GIC Assistant Managers must be between the ages of 21 and 30.

What is the procedure for recruiting a GIC Assistant Manager?

The GIC Assistant Manager recruiting process is divided into two stages. The first step will consist of an online test, followed by a group discussion and interview in phase two.

How can I compute my GIC Assistant Manager results?

Download the answer key and check each answer one by one. While doing so, the applicant must mark +1 for each correct answer and -0.25 for each incorrect response. The total marks are the estimated marks for the GIC Assistant Manager Exam.

Would solving previous years’ papers help in preparation of the GIC Assistant Manager Exam?

Yes, solving previous years’ questions will help the candidate to understand the pattern of the exam and the type of questions to be practiced.

 

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