LIC Recruitment Selection Procedure 2010 Life Insurance Corporation of India (LIC) LIC ADO Recruitment LIC Apprentice Development Officer (ADO) Recruitment LIC Jobs in LIC Recruitment 2010 LIC ADO Exam 2010 LIC ADO Recruitment 2010 Written Examination Interview procedure LIC Recruitment Selection Process
LIC Recruitment Selection Procedure 2010
Selection will be made on the basis of a written test followed by an Interview of candidates who qualify in the written test:
Written test:
The Written Test will be of objective type, multiple choice of two hours duration comprising of the following two papers:
1. Test of Reasoning and Numerical Ability.
2. General Knowledge, Current Affairs and English Language with Special emphasison Grammar and Vocabulary. Date of Written exam:
The written test will be held at the following centres, tentatively on Sunday, 13.6.2010.
Note:
1. Recruitment Notifications are being issued by all Zonal Offices. The candidate shall apply to one centre only. The choice of the examination centre will be taken as the Divisional Office to which the candidate has applied.
2. No change in the choice of examination centre will be entertained under any circumstances. The Corporation reserves the right to add or delete any Centre or alter examination date at its discretion.
Interview:
Successful candidates will be eligible to be called for an Interview. The Corporation reserves the right to restrict the number of candidates to be called for written test and/or interview commensurate with number of posts to be recruited and the decision of the Corporation in this regard shall be final. No correspondence will be entertained in this regard. Selected candidates will be appointed as Apprentice Development Officers subject to their being found medically fit by the Medical Examiner authorized by the LIC for the purpose.
Guarantee Bond:
Before joining as Apprentice Development Officer, candidates will be required to give an undertaking to serve the Corporation for a minimum period of four years from the date of joining (including apprenticeship period) failing which he/she will be liable to pay liquidated damages of Rs. 25,000 (Rupees Twenty Five Thousand only) to the Corporation. The candidate will have to submit an Indemnity Bond of Rs. 25,000/- (Rupees Twenty Five Thousand only) duly stamped and executed by a Surety of sound financial standing and not related to the candidate. The stamp value of the Bond will be as applicable to the State in which the bond is executed.
Important Dates:
Application Begin Date : : 17/03/2010
Application End Date : : 17/04/2010
Start Date for Fee deposit : 17/03/2010
Last Date for Fee deposit : 17/04/2010
Last Date for Reprint : 03/05/2010
http://www.licindia.in/ADO/ado-recruitment.htm
About LIC
Life Insurance Corporation of India
Generally it is said that a government company cannot grow beyond a certain limit, but LIC or Life Insurance Corporation of India has shown everyone that it can happen and even a government company can grow as any other private companies and can become largest company in nation. LIC is the largest company in insurance sector and also a largest investor in India. The LIC has grown up so much that its funds shares around 25% of Indian government expenses. Its assets are around US$ 170 billion.
Founded in 1956, today it has 101 divisional offices, 8 zonal offices along with around 2048 branches located in various cities and currently 1.2 million agents are working for this company all over India. In past when British were ruling us, many companied were providing insurance related products. But those products were only limited to British or European people.
Around 1950’s there were many cases of insurance fraud, so to prevent such cases government of independent India drafted a bill in parliament, and as per that act India government consolidated 245 private insurance companies to form Life Insurance Corporation of India. In 50 years of its way, it had made all difference by selling insurances to uncountable people and also had become main player of insurance sector and also made huge profit. It is contributing 7% in India’s GDP currently.
LIC started it business with 300 only offices and with around 5.6 million policies and now it has 180 million policies along with around 1,002,149 working in around 3000 branches and having turnover around US$ 173 billion. When Indian government accepted free economy in 1990, its monopoly in insurance market was diluted but it still managed to be the main player in insurance market. Currently, it is sharing 55% of insurance market in India. It is also providing insurance services in neighboring countries like Nepal, Sri Lanka. It’s one of the subsidiary called as LIC International, is providing insurance service internationally.
Tags: LIC Recruitment Selection Procedure 2010 Life Insurance Corporation of India (LIC) Recruitment Application Forms 2010 LIC ADO Recruitment Procedure How to apply for LIC ADO Jobs Vacancy How to apply for LIC ADO Exam Jobs Recruitment Notification
LIC Recruitment Selection Procedure 2010
Selection will be made on the basis of a written test followed by an Interview of candidates who qualify in the written test:
Written test:
The Written Test will be of objective type, multiple choice of two hours duration comprising of the following two papers:
1. Test of Reasoning and Numerical Ability.
2. General Knowledge, Current Affairs and English Language with Special emphasison Grammar and Vocabulary. Date of Written exam:
The written test will be held at the following centres, tentatively on Sunday, 13.6.2010.
Note:
1. Recruitment Notifications are being issued by all Zonal Offices. The candidate shall apply to one centre only. The choice of the examination centre will be taken as the Divisional Office to which the candidate has applied.
2. No change in the choice of examination centre will be entertained under any circumstances. The Corporation reserves the right to add or delete any Centre or alter examination date at its discretion.
Interview:
Successful candidates will be eligible to be called for an Interview. The Corporation reserves the right to restrict the number of candidates to be called for written test and/or interview commensurate with number of posts to be recruited and the decision of the Corporation in this regard shall be final. No correspondence will be entertained in this regard. Selected candidates will be appointed as Apprentice Development Officers subject to their being found medically fit by the Medical Examiner authorized by the LIC for the purpose.
Guarantee Bond:
Before joining as Apprentice Development Officer, candidates will be required to give an undertaking to serve the Corporation for a minimum period of four years from the date of joining (including apprenticeship period) failing which he/she will be liable to pay liquidated damages of Rs. 25,000 (Rupees Twenty Five Thousand only) to the Corporation. The candidate will have to submit an Indemnity Bond of Rs. 25,000/- (Rupees Twenty Five Thousand only) duly stamped and executed by a Surety of sound financial standing and not related to the candidate. The stamp value of the Bond will be as applicable to the State in which the bond is executed.
Important Dates:
Application Begin Date : : 17/03/2010
Application End Date : : 17/04/2010
Start Date for Fee deposit : 17/03/2010
Last Date for Fee deposit : 17/04/2010
Last Date for Reprint : 03/05/2010
http://www.licindia.in/ADO/ado-recruitment.htm
About LIC
Life Insurance Corporation of India
Generally it is said that a government company cannot grow beyond a certain limit, but LIC or Life Insurance Corporation of India has shown everyone that it can happen and even a government company can grow as any other private companies and can become largest company in nation. LIC is the largest company in insurance sector and also a largest investor in India. The LIC has grown up so much that its funds shares around 25% of Indian government expenses. Its assets are around US$ 170 billion.
Founded in 1956, today it has 101 divisional offices, 8 zonal offices along with around 2048 branches located in various cities and currently 1.2 million agents are working for this company all over India. In past when British were ruling us, many companied were providing insurance related products. But those products were only limited to British or European people.
Around 1950’s there were many cases of insurance fraud, so to prevent such cases government of independent India drafted a bill in parliament, and as per that act India government consolidated 245 private insurance companies to form Life Insurance Corporation of India. In 50 years of its way, it had made all difference by selling insurances to uncountable people and also had become main player of insurance sector and also made huge profit. It is contributing 7% in India’s GDP currently.
LIC started it business with 300 only offices and with around 5.6 million policies and now it has 180 million policies along with around 1,002,149 working in around 3000 branches and having turnover around US$ 173 billion. When Indian government accepted free economy in 1990, its monopoly in insurance market was diluted but it still managed to be the main player in insurance market. Currently, it is sharing 55% of insurance market in India. It is also providing insurance services in neighboring countries like Nepal, Sri Lanka. It’s one of the subsidiary called as LIC International, is providing insurance service internationally.
Tags: LIC Recruitment Selection Procedure 2010 Life Insurance Corporation of India (LIC) Recruitment Application Forms 2010 LIC ADO Recruitment Procedure How to apply for LIC ADO Jobs Vacancy How to apply for LIC ADO Exam Jobs Recruitment Notification
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