Life Insurance Corporation of India Interview Questions, Process, and Tips

Q1. How much experience required
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Q2. I' fresher in accounts
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Group discussion about insurance business

Discussion about business

Q1. Previous exeperience
Ans. 
I have over 10 years of experience in wealth management, specializing in high net worth clients.
• Managed diverse investment portfolios for high net worth clients

• Developed customized financial plans based on client goals and risk tolerance

• Extensive knowledge of wealth management strategies and products

• Built strong relationships with clients to ensure long-term satisfaction
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Q1. Why you interested in this field
Ans. Because i can do home work with office work so i can easly manage my time
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Q2. Are you like part time job or full time
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Q3. I find part time job
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Q1. By writing exam
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Q2. 2000 February month 20
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12,th standard complete

Nice good excellent work

Q1. Basic question.
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Q2. My qualification , and I am from where
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Q3. How much experience
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Bank exam- QA, RA and English prelims

QA, RA, English, Insurance, Computer, GK- mains bank exam

Q1. Interview in front of 3 member board
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Q2. Tell me some of the savings instruments available in indian financial market?
Ans. 
Some savings instruments in the Indian financial market include fixed deposits, recurring deposits, public provident fund, and mutual funds.
• Fixed deposits: Offer fixed returns over a specific period of time.

• Recurring deposits: Regular monthly deposits with fixed interest rates.

• Public Provident Fund (PPF): Long-term savings scheme with tax benefits.

• Mutual funds: Pooling money from multiple investors to invest in securit
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Q3. Tell me something about insurance and your outlook on its future as a business?
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Q4. What is the current inflation rate in India ?
Ans. 
The current inflation rate in India is around 6.26% as of September 2021.
• The inflation rate in India is influenced by factors such as food prices, fuel prices, and government policies.

• Inflation can impact the cost of living, interest rates, and overall economic growth.

• As of September 2021, the inflation rate in India was reported to be around 6.26%.
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Q5. What is options market /options trading ?
Ans. 
Options trading is a type of trading where individuals can buy or sell options contracts based on the price movements of underlying assets.
• Options give the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price before a certain date.

• There are two types of options: call options (which give the holder the right to buy) and put options (which give the holder the right to sell).

• Op...read more
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Q6. What is opinion on selling of insurance?
Ans. 
I believe in the importance of insurance as a financial tool to protect individuals and businesses from unexpected risks.
• Insurance provides financial security and peace of mind in case of emergencies or unforeseen events.

• It helps individuals and businesses manage risks and protect their assets.

• Selling insurance requires understanding the needs of clients and providing them with suitable coverage options.

• Insurance agent...read more
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