Insurance | LIC AAO
Banking Awareness for LIC AAO
LIC AAO sets 30 Banking Awareness questions for 60 marks in the Main Examination (objective), so it is worth planning your preparation around the topics below.
How to approach Banking Awareness in LIC AAO
Almost pure recall, and almost pure current affairs: RBI policy, regulatory changes, financial terms and the institutions behind them. A little every day, anchored to the actual RBI and PIB releases, is worth far more than a fact sheet read once.
Weightage in the paper
How much Banking Awareness is worth in each LIC AAO stage, from the official pattern.
| Stage | Questions | Marks | Time | Share |
|---|---|---|---|---|
| Main Examination (objective) | 30 | 60 | 20 min | 25% |
Banking Awareness syllabus for LIC AAO
Every topic in the official syllabus. The linked ones open a set of solved questions you can practise straight away.
- History and structure of insurance in India
- IRDAI, its role and key regulations
- Life insurance products, terms and IRDAI policyholder protection
- Financial markets: money market, capital market and instruments
- Regulators and institutions: RBI, SEBI and PFRDA
- Insurance and financial awareness in current affairs
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Sit Banking Awareness under a real clock
Banking Awareness shows up in every LIC AAO mock test, in the same interface, with sectional locking and negative marking.
- Start
LIC AAO: 27-question practice mock
27 questions | 27 min
Frequently asked questions
How many Banking Awareness questions are asked in LIC AAO?
LIC AAO 2026 cycle (notification awaited) sets 30 Banking Awareness questions for 60 marks in the Main Examination (objective).
Is there negative marking for Banking Awareness in LIC AAO?
No. The LIC AAO written stage carries no negative marking, so it is worth attempting every Banking Awareness question you can.
Which Banking Awareness topics matter most for LIC AAO?
The LIC AAO syllabus lists History and structure of insurance in India, IRDAI, its role and key regulations, Life insurance products, terms and IRDAI policyholder protection, Financial markets: money market, capital market and instruments, Regulators and institutions: RBI, SEBI and PFRDA, Insurance and financial awareness in current affairs. Weight your revision towards the ones you are weakest on and confirm the emphasis against the paper analysis for recent cycles.
How can I practise Banking Awareness for LIC AAO free?
Every Banking Awareness question on this site is free and written to the exam pattern. Use the topic drills for instant-feedback practice, the daily quiz to keep the section warm, and the LIC AAO mock tests to sit it under a real clock with negative marking.