Full Form of GIC
1. Official Mandate, Scope & Background
General Insurance Corporation of India (GIC Re) is the sole Indian state-owned reinsurance company established under the General Insurance Business (Nationalisation) Act 1972. It provides reinsurance coverage across domestic and international insurance markets.
2. Eligibility Criteria, Qualifications & Age Limits
Assistant Manager (Scale-I Officer): Degree in any discipline from a recognized university with minimum 60% marks (55% for SC/ST). Age Limit: 21 to 30 years.
3. Examination Scheme & Selection Procedure
Online Written Examination (Technical & Professional Knowledge, Reasoning, English, General Awareness, Numerical Ability, and Hindi/English Essay/Precis Writing) followed by Group Discussion and Personal Interview.
4. Core Syllabus & Key Subjects
Insurance sector principles, underwriting, financial accounting, current business developments, quantitative problem solving, and analytical reasoning.