Question 1

What is the minimum educational percentage required for OICL AO?

Accepted Answer

To be eligible for the OICL AO position, candidates from the General and OBC categories must have secured at least 60% marks in their Graduation or Post-Graduation degree from a recognized university. For candidates belonging to the SC and ST categories, a relaxation is provided, and the minimum required percentage is 55%. It is important to note that this percentage must be reflected in the final mark sheet of the degree. Candidates should ensure their university is recognized by the government to avoid disqualification during document verification.

Question 2

. What is the age limit for applying to the OICL AO exam?

Accepted Answer

The age limit for the OICL AO exam is generally set between 18 and 30 years for candidates in the normal course. However, there are specific age relaxations provided for reserved categories according to government regulations. SC and ST candidates receive a relaxation of 5 years, making their upper age limit 35. OBC candidates receive a 3-year relaxation, making their upper age limit 33. Applicants must ensure they meet these age requirements as of the date specified in the official notification to be eligible for the recruitment process.

Question 3

Does the OICL AO exam have sectional timings?

Accepted Answer

Yes, the OICL AO exam features strict sectional timings in both the Preliminary and Main examination phases. In the Prelims, each of the three sections is allotted exactly 20 minutes. In the Mains, the timing varies significantly by subject; for example, Reasoning gets 45 minutes while Computer Knowledge is allotted only 15 minutes. This means you cannot jump between sections or use time saved in one section for another. This structure requires a strategy focused on maximizing attempts within the fixed time frame for each specific subject.

Question 4

Is there a descriptive test in the OICL AO selection process?

Accepted Answer

Yes, for the Generalist post, the Phase-II Main Examination includes a mandatory Descriptive Test. This test is conducted online immediately after the completion of the Objective Test. It consists of two tasks: an Essay worth 20 marks and a Précis worth 10 marks, totaling 30 marks. The duration for this test is 30 minutes. Candidates must type their answers on the computer. This stage is crucial as it tests the candidate's command over the English language and their ability to express ideas clearly and concisely.

Question 5

Can a final year student apply for the OICL AO exam?

Accepted Answer

As per the available official information provided in the document, the eligibility requires a Graduate or Post Graduate degree. Usually, in such PSU exams, the candidate must possess the final mark sheet or degree at the time of registration or by a specific date mentioned in the notification. If a candidate is in their final year and the results are not yet declared by the cut-off date, they might not be eligible. It is highly recommended to check the specific "as on" date in the official OICL notification to confirm eligibility.

Question 6

What subjects are covered in the OICL AO Mains Objective Test?

Accepted Answer

The OICL AO Mains Objective Test for Generalists covers five key subjects: Test of Reasoning, Test of English Language, Test of General Awareness, Test of Quantitative Aptitude, and Test of Computer Knowledge. There are a total of 200 questions, and the exam carries 200 marks. Each section is timed separately, with the total duration for the objective part being 150 minutes. The weightage is distributed such that Reasoning has 45 questions, while other sections like English, GA, and Quant have 40 questions each, and Computer Knowledge has 35 questions.

Question 7

Is coaching from Sreedhar's CCE necessary to clear the OICL AO exam?

Accepted Answer

While self-study is possible, coaching from Sreedhar's CCE significantly enhances your chances by providing a structured environment and expert guidance. The OICL AO exam is highly competitive with complex sectional timings and a descriptive component. Sreedhar's CCE offers specialized mock tests, trend analysis, and shortcut techniques that save time during the actual exam. Our mentors help you focus on high-yield topics and provide a disciplined study schedule that ensures all sections, including General Awareness and Computer Knowledge, are thoroughly covered before the exam date.

Question 8

How is the final merit list for OICL AO calculated?

Accepted Answer

The final merit list for OICL AO is prepared based on the performance of the candidate in the Phase-II Main Examination (both Objective and Descriptive) and the Interview stage. The Preliminary exam is only a screening test and its marks are not counted for the final merit. Candidates must qualify in each section of the Mains and also meet the aggregate cut-off to be called for the interview. The final selection is a weighted combination of Mains and Interview scores, ensuring that the candidate possesses both technical knowledge and interpersonal skills.

Question 9

Is there negative marking in the OICL AO exam?

Accepted Answer

The provided source does not explicitly mention the penalty for wrong answers; however, standard practice for OICL and similar insurance exams involves negative marking. Typically, 0.25 or 1/4th of the marks assigned to a question are deducted for every incorrect response. There is usually no penalty for leaving a question unanswered. Candidates should exercise caution and avoid guesswork, as negative marking can significantly lower the aggregate score and impact the ability to clear sectional cut-offs in both Prelims and Mains.

Question 10

What is the role of an Administrative Officer in OICL?

Accepted Answer

An Administrative Officer (AO) in OICL is a Scale-I entry-level management position. The role involves diverse responsibilities such as verifying insurance claims, assessing risks for new policies, managing administrative staff, and ensuring the smooth functioning of branch operations. AOs may also be involved in marketing, underwriting, and legal aspects of insurance contracts. It is a position of responsibility that requires a mix of analytical skills, decision-making ability, and good communication skills to interact with clients and other stakeholders in the insurance ecosystem.

THE ORIENTAL INSURANCE COMPANY LTD ADMINISTRATIVE OFFICERS

THE ORIENTAL INSURANCE COMPANY LTD ADMINISTRATIVE OFFICERS

Frequently Asked Questions

Andhra Pradesh

Telangana

Karnataka

Odisha