LIC MCQ for Students

LIC MCQ for Students. LIC MCQ refer to Multiple Choice Questions used in the recruitment exams conducted by the Life Insurance Corporation of India (LIC). These exams are designed to select candidates for various positions within the organization, such as LIC Assistant, LIC AAO (Assistant Administrative Officer), and LIC ADO (Apprentice Development Officer). The LIC exams typically test a candidate’s proficiency in various subjects through objective-type questions.

Importance of LIC MCQs in Recruitment:

Efficiency: MCQs enable the assessment of a large number of candidates within a limited time frame.
Objectivity: The standardized format ensures fair and unbiased evaluation.
Comprehensive Assessment: Allows testing of a wide range of topics, ensuring candidates have a broad knowledge base.
Structure of LIC MCQs:

Multiple Sections: The exam is divided into sections like Reasoning Ability, Numerical Ability, English Language, General Awareness, and Professional Knowledge (specific to the job role).
Single Correct Answer: Each question has one correct answer out of several options.
Negative Marking: Incorrect answers may lead to a deduction of marks, discouraging random guessing.
Sections Covered:

Reasoning Ability: Logical reasoning, puzzles, syllogisms, coding-decoding, data sufficiency.
Numerical Ability: Arithmetic, algebra, data interpretation, number series, simplifications.
English Language: Reading comprehension, grammar, vocabulary, sentence rearrangement.
General Awareness: Current affairs, banking and financial awareness, insurance sector knowledge.
Professional Knowledge: Specific to the job role, such as insurance principles and regulations for LIC AAO.
Examples of LIC MCQs:

Reasoning Ability Example:

Question: If ‘BEAR’ is coded as ‘ZVZO’, how is ‘LION’ coded?

Option A: NLMR
Option B: OILM
Option C: JLKM
Option D: YRML
Correct Answer: Option D

Numerical Ability Example:

Question: What is the compound interest on a principal amount of ₹5000 for 2 years at an annual interest rate of 10% compounded annually?

Option A: ₹1000
Option B: ₹1050
Option C: ₹1100
Option D: ₹1150
Correct Answer: Option B

English Language Example:

Question: Choose the word that is most opposite in meaning to ‘RELINQUISH’.

Option A: Abdicate
Option B: Surrender
Option C: Retain
Option D: Abandon
Correct Answer: Option C

General Awareness Example:

Question: Who is the current chairman of LIC?

Option A: M R Kumar
Option B: Subhash Chandra Khuntia
Option C: T S Vijayan
Option D: Hemant Bhargava
Correct Answer: Option A

Preparation Tips for Candidates:

Understand the Exam Pattern: Familiarize yourself with the structure and sections of the exam.
Regular Practice: Solve previous years’ papers and take mock tests to improve speed and accuracy.
Stay Updated: Keep abreast of current affairs and developments in the insurance and financial sectors.
Focus on Weak Areas: Identify and work on areas where you need improvement.
Time Management: Practice managing your time effectively to ensure you can answer all questions within the allotted time.
Benefits of LIC MCQs:

Objective Evaluation: Provides a clear and objective measure of a candidate’s knowledge and skills.
Broad Coverage: Allows for comprehensive testing across various subjects and topics.
Preparation for Real-world Scenarios: Helps candidates prepare for practical tasks they will encounter in their roles.
Efficient Selection Process: Streamlines the recruitment process, making it efficient and fair.

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