LIC AAO Recruitment 2016-17

how are the postings in LIC? someone please elaborate..

Can anyone suggest prep books for quant, reasoning, gk, computers & mock papers?

pls help me with previous year papers, i am stuck at private bank, really want to pass this exam, only victim i am is of maths, sometimes i feel good about it sometimes bad

plse give me link for download previous year lic aao paper

Hi puys...anyone from delhi know any good coaching institutes apart from mahendra and paramount?

Please help!

lic aao vs ssc cgl?

Download IBPS CLERK MAINS EXAM admit card!! http://ibps.sifyitest.com/cweclkjul15/clmea_dec15/login.php?appid=adaf10b880413d7d1f5606a384755108

Download IBPS CLERK MAINS EXAM admit card!


http://ibps.sifyitest.com/cweclkjul15/clmea_dec15/login.php?appid=adaf10b880413d7d1f5606a384755108

Generally how many marks in English are required to qualify in this section ?

Guys, Is there anyone from Mumbai University?  I have got my marks on a 7 point scale.

Can I put aggregate marks only or should I convert 7 point scale to 10 by getting a Cert from university?

friends...I have a question regarding LIC AAO job...are female candidates given near-home postings in this job?

Guys, I have selected Science as graduation( I am an engineer) and submitted the form.

Will it be an issue in future?

I ave to prepare for upsc can joining lic aao will give me that space

What it is like working in lic as AAO. since being a bank po I have fed up, because even we have work or not we HV to stay up till 7pm like rules. Kindly answer can I able to prepare for upsc belong a LIC AAO

do we get all the perks and benefits as given to psu employees in lic aao??

Suggest any coaching institute in patna for preparing LIC AAO...Can i crack it in these two months??

Hi! friends can anyone provide solved paper of aao held in 2015. It will be very helpful

hii ..can any1 suggest me how to fill the aggregate marks and total marks.....i had the system of cgpa on a ten point scale...

Hi guys. Can anyone please tell me if AAO in LIC a marketing job like ADO ?? or is it a back-end job ?


BANKING PATHWAY 2015: SOME FINANCIAL TERMS

Dear Readers, here are some important financial terms which are mainly the part of General Awareness in all the upcoming Bank exams. Hope you like this post as this will make your financial portion strong.

1) Type of assets

The assets portfolio of the banks is required to be classified as

(1) standard assets(2) sub-standard assets(3) doubtful assets and(4) loss assets.Standard asset is one that does not disclose any problems and which does not carry more than normal risk attached to the business .An asset which has been classified as NPA for a period not exceeding 12 months is considered as sub-standard asset.Doubtful asset is one which has remained NPA for a period exceeding 12 months.An asset which is considered uncollectible and loss has been identified by the bank or internal or external auditors or the RBI inspection and the loss has not been written off is regarded as loss asset. 

2) Core Banking Solutions (CBS)

Core Banking Solutions is a buzz word in Indian banking at present, where branches of the bank are connected to a central host and the customers of connected branches can do banking at any breach with core banking facility.

3) Prime Lending Rate

The minimum short-term interest rate charged by commercial banks to their most creditworthy clients. It is a reference interest rate used by banks for its lending purposes.

4) Parties of a Cheque:

There are three parties to the cheque

1-Drawer or Maker


2-The bank (Drawee) - on whom the cheque is drawn (i.e. the bank with whom the account is maintained by the drawer)

3- Payee - Payee is the person whose name is mentioned on the cheque to whom or to whose order the money is directed to be paid.

5) Special Drawing Rights (SDRs)

It is a reserve asset (known as 'Paper Gold') created within the framework of the International Monetary Fund in an attempt to increase international liquidity, and now forming a part of countries official forex reserves along with gold, reserve positions in the IMF and convertible foreign currencies.

6) Negotiated Dealing System

The Negotiated Dealing System (NDS) for electronic dealing and reporting of transactions in government securities was introduced in February 2002. It facilitates the members to submit electronically, bids or applications for primary issuance of Government Securities when auctions are conducted. NDS also provides an interface to the Securities Settlement System (SSS) of the Public Debt Office, RBI, Mumbai thereby facilitating settlement of transactions in Government Securities (both outright and repos) conducted in the secondary market.

7) NDS OM (Order Match)

In August, 2005, RBI introduced an anonymous screen based order matching module on NDS, called NDS-OM. This is an order driven electronic system, where the participants can trade anonymously by placing their orders on the system or accepting the orders already placed by other participants. NDS-OM is operated by the Clearing Corporation of India Ltd. (CCIL) on behalf of the RBI.

8) What is Asset Management Companies?

A company that invests its clients' pooled fund into securities that match its declared financial objectives. Asset management companies provide investors with more diversification and investing options than they would have by themselves. Mutual funds, hedge funds and pension plans are all run by asset management companies. These companies earn income by charging service fees to their clients.

9) "Soiled Note:" means a note which, has become dirty due to usage and also includes a two piece note pasted together wherein both the pieces presented belong to the same note, and form the entire note.

(ii) Mutilated banknote is a banknote, of which a portion is missing or which is composed of more than two pieces.

10) Imperfect banknote means any banknote, which is wholly or partially, obliterated, shrunk, washed, altered or indecipherable but does not include a mutilated banknote.