NIACL AO 2018 Exam Pattern and Syllabus for All Posts

Check NIACL Administrative Officers Scale I 2018 syllabus and exam pattern for the posts of Company Secretary, Legal, Finance & Accounts, and Generalists.

Created On: Jan 11, 2019 17:24 IST

The New India Assurance Co. Ltd (NIACL) has issued notification for the recruitment of 312 Administrative Officer Scale – I (Generalist & Specialists). The posts that are notified are: Company Secretary, Legal, Finance & Accounts, and Generalists.

The online application started from 10 December 2018 and the process ended on 26 December 2018. The date of the phase I exam is 30 January 2019 while that of phase II is 2 March 2019.

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NIACL AO 2018 Exam Pattern

The NIACL AO Exam has three stages:

1. Prelims Exam

2. Mains Exam

3. Interview

All the candidates have to appear separately in these stages to get qualified finally.

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NIACL AO Prelims Exam Pattern (Generalists & Specialists Officers)

There is a major change in the NIACL AO 2018 Exam Pattern. NIACL has introduced the new concept of Sectional Timings in the Prelims Exam as done by the IBPS & SBI. The Prelims Exam is of Objective Type. It will be conducted online and total marks will be 100. The duration of this test will be of 1hour and there will be three sections which are as follows:




Quantitative Aptitude


20 min

Reasoning Ability


20 min

English Language


20 min



1 Hour


  • The questions will be in bilingual except English Language.
  • 20 minutes is allowed for each section.
  • The candidates have to secure passing marks in each section.
  • Prelims Exam is qualifying in nature.
  • For the wrong answer given by the candidates, one-fourth marks will be deducted as penalty. There will be no penalty for the unanswered questions.

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NIACL AO Mains Exam Pattern

Mains Exam is of Objective and Descriptive type. There are 200 marks for the Objective test and 30 marks for the Descriptive Test. Both the tests will be online and Descriptive Test is to be typed on the computer. Here is the pattern of the exams:

Mains Exam Objective Test (for Generalists):

The duration of the Objective Test is 2 hours. There will be 4 sections. Total marks will be 200.




Quantitative Aptitude




2 Hours 

Reasoning Ability


English Language


General Awareness




Mains Exam Objective Test (for Specialists):

The duration of the Objective Test is 2 hours. There will be 5 sections. Total marks will be 200.




Quantitative Aptitude




2 Hours 

Reasoning Ability


English Language


General Awareness


Test for the Specific Discipline





  • The mode of question paper will be bilingual except English language.
  • The candidates need to qualify in each section to get shortlisted for the Interview and to get their Descriptive test evaluated.

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Mains Exam Descriptive Test (for Generalist and Specialist):

The Descriptive Test will be of 30 minutes and for 30 marks. The test will be of Letter & Essay writing. The test will be in English and in online mode. 10 marks will be for letter writing and 20 marks will be for essay writing. The candidates need to qualify the descriptive test; but the marks in the descriptive test will not be considered for interview and final selection.

NIACL AO Interview

The weightage of online Exam and Interview will be 80:20. Final selection of the candidates is based on total marks obtained in the Main Exam & Interview.

NIACL AO 2018 Syllabus

The NIACL has not provided any specific syllabus for the AO exam but on the basis of the analysis of previous exams, some important topics are as below:

Syllabus of Quantitative Aptitude

• Data Interpretation (Pie charts, Table chart, Bar Graphs, Line charts)

• Number System

• Approximation

• HCF and LCM

• Problems based on Age

• Number Series

• Quadratic Equations

• Percentage

• Ratio and Proportion

• Average

• Mixture and Allegations

• Time and Work

• Pipe and Cistern

• Speed, Distance and Time

• Partnership

• Simple and Compound Interest

• Permutation and Combination

• Profit, Loss and Discount

• Mensuration

• Data Sufficiency

Syllabus of Reasoning Ability

• Seating Arrangement

• Data Sufficiency

• Alphanumeric Series

• Puzzle

• Coding-Decoding

• Inequalities

• Input - Output

• Blood Relation

• Ranking

• Direction and Sense

• Series

Syllabus of English Language

• Reading Comprehension (including questions on vocabulary)

• Cloze Test

• Sentence Improvement

• Para Jumbles/ Sentence rearrangements

• Spotting Errors

• Double Fillers (Sentence Completion)

• Phrase Replacement

• Picking out Irrelevant Statements

• Theme of the Passage

Syllabus of General Awareness

• Current Affairs (last 6 months)

• Banking Awareness Topics (Banking in India, Banking Terminology, Bank Headquarters, Slogans of Banks)

• Books & Authors

• Important Places

• Awards & Honours

• Headquarters of Important Organisations

• Schemes of Government

• Important Days

• Countries, their Capitals and Currencies

• Airports around the World

• Ports in India

• Superlatives in India and the World

• Abbreviations and Economic Terminologies

Syllabus for Professional Knowledge: Company Secretary

  • Advanced Company Law and Practice
  • Secretarial Audit, Compliance Management and Due Diligence
  • Corporate Restructuring, Valuation and Insolvency
  • Information Technology and Systems Audit
  • Financial, Treasury and Forex Management
  • Ethics, Governance and Sustainability
  • Advanced Tax Laws and Practice
  • Drafting, Appearances and Pleadings
  • Banking Law and Practice
  • Capital, Commodity and Money Market
  • Insurance Law and Practice
  • Intellectual Property Rights
  • International Business Laws

Syllabus for Professional Knowledge: Legal

• Consumer Protection Act

• Banking Regulations

• Compliance and Legal Aspects


• Negotiable Instruments, Securities, Foreign Exchange (Laws and Orders)

• Prevention of Money Laundering

• Limitation Act

• Bankers Book Evidence Act

• DRT Act

• Banking Ombudsman Scheme

• Offenses and Penalties

• Contract Acts, Partnerships, Companies and Firm

Syllabus for Professional Knowledge: Finance & Accounts

  • Accounting for Business Decisions
  • Accounting Theory and Standards
  • Advanced Corporate Accounting
  • Advanced Financial Accounting
  • Applied Cost Accounting
  • Business Research Methods
  • Computerised Accounting (Tally)
  • Communicative Skills
  • Cost Control Techniques
  • Costing Methods
  • Direct Taxes
  • e-Commerce
  • Enterprise Resource Planning
  • Financial Accounting
  • Financial Markets and Institutions
  • Financial Management
  • Financial Services
  • Human Resource Management
  • Indirect Taxation
  • Insurance and Risk Management
  • International Financial Management
  • Investment & Portfolio Management
  • Management Accounting
  • Management Information Systems
  • Management of Financial Services
  • Managerial Finance
  • Modern Banking
  • Principles of Accounting
  • Principles of Insurance Management
  • Principles of Modern Banking
  • Principles of Personal Finance
  • Project Management
  • Quantitative Techniques for Finance
  • Security Analysis and Portfolio Management

Considering the exam pattern and syllabus, the candidates should prepare for the exams. The syllabus is exhaustive and should be studied well so that the chance of success becomes more in the exam.

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