NICL-AO Exam 2012

@tarunisgd said:
@ferocious002 yaar tum ek kaam karo na u can also cal now i will give u d nmber phir dekho kya hota hai...
bhai doobara call kiya tha ...they didnt .picked .......
@tarunisgd said:
@ferocious002 yaar tum ek kaam karo na u can also cal now i will give u d nmber phir dekho kya hota hai...
caller id hoga ..........no .doobara dekh k nahi uthaya hoga
@ferocious002 said:
office 19th tak open hai .....
thanks... that brought some hope :)
how do you know anyway?
source of info?
@ferocious002 said:
matlab kya hai iska bhai .....mera spcl. "banking & financial markets" hai .....so is it going to help me anyways ??
well it should help you... rest everything depends on luck...
ATB...

guys i called them twice today.....lady picked d ph both tym nd answered tht result will come by end of this month.....guys abh mene apne frnd se(wrkng in income tax dept) nd bade papa se(wrking in NABARD nd he is DGM there) discuss kiya toh they both said k declaration of results is highly confidential aise ph karke jawab nh milte nd naa hi employees de sakte hai vo log nd mjhe b thoda bht logical lagta hai ye....baki dosto me b confused hu bs jitni relevant info lagi i m sharing wth u guys....

@tarunisgd said:
@ferocious002 bhai just now i called d Hr depart and d lady said result will b decalred by saturday n she said keep visiting nicl website.....
Mujhe bhi exactly yehi pata chala hai... ki 19th (Friday) ko ana chahiye.. nahi to 22nd (monday) ko pakka aa jayega...

which number you called? I tried but no one answered...
@praveenbable said:
guys i called them twice today.....lady picked d ph both tym nd answered tht result will come by end of this month.....guys abh mene apne frnd se(wrkng in income tax dept) nd bade papa se(wrking in NABARD nd he is DGM there) discuss kiya toh they both said k declaration of results is highly confidential aise ph karke jawab nh milte nd naa hi employees de sakte hai vo log nd mjhe b thoda bht logical lagta hai ye....baki dosto me b confused hu bs jitni relevant info lagi i m sharing wth u guys....
you're right.. of course this matter is confidential, but the date they are giving (end of this month) its just a random date...

the result would come this week itself... my friend said its 100% who is there in NICL, but again he said hone ko kuch bhi ho sakta hahi (i mean delay)... mene call kia tab bhi yehi bola ki 20th se pehle man k chalo... aur kafi logo ko bola hai ki 19-20 ko aa sakta hai...

so there are good chances ki is week k end tak aa jaye... (I wish...)

vaise which number and at what time did u try? I kept trying but no one answered..
@Gaurav1616 frst i tried at 3 pm thn 5 pm today...nd wud b happy if it come asap
@Gaurav1616 said:
you're right.. of course this matter is confidential, but the date they are giving (end of this month) its just a random date...
the result would come this week itself... my friend said its 100% who is there in NICL, but again he said hone ko kuch bhi ho sakta hahi (i mean delay)... mene call kia tab bhi yehi bola ki 20th se pehle man k chalo... aur kafi logo ko bola hai ki 19-20 ko aa sakta hai...
so there are good chances ki is week k end tak aa jaye... (I wish...)
vaise which number and at what time did u try? I kept trying but no one answered..
@Gaurav1616 said:
thanks... that brought some hope
how do you know anyway?
source of info?
@Gaurav1616 said:
you're right.. of course this matter is confidential, but the date they are giving (end of this month) its just a random date...
the result would come this week itself... my friend said its 100% who is there in NICL, but again he said hone ko kuch bhi ho sakta hahi (i mean delay)... mene call kia tab bhi yehi bola ki 20th se pehle man k chalo... aur kafi logo ko bola hai ki 19-20 ko aa sakta hai...
so there are good chances ki is week k end tak aa jaye... (I wish...)
vaise which number and at what time did u try? I kept trying but no one answered..
@praveenbable said:
guys i called them twice today.....lady picked d ph both tym nd answered tht result will come by end of this month.....guys abh mene apne frnd se(wrkng in income tax dept) nd bade papa se(wrking in NABARD nd he is DGM there) discuss kiya toh they both said k declaration of results is highly confidential aise ph karke jawab nh milte nd naa hi employees de sakte hai vo log nd mjhe b thoda bht logical lagta hai ye....baki dosto me b confused hu bs jitni relevant info lagi i m sharing wth u guys....
Brother, don't expect the result before the last week of this month. I already mentioned that in my previous post.
@NeW-PaGal said: You shouldn't expect the result before last week of october.
Recruitment process is not so simple, my friend, the complete process to achieve final marks is given below:
'marks obtained in written*A' +'marks obtained in interview*B'+'academic records*C'+'insurance certificate*D'+'marks in computer*E'+ 'work experience*F'='Final Marks'
where 'A', 'B', 'C', 'D', 'E', 'F' are some constants, which indicates respective weight.
(Here the determination of term 'academic records*C' takes a lot of time, because they have to find out percentage of marks obtained by the candidates in various disciplines.)
Then merit list is prepared on the basis of final marks.
(Besides these there may be some internal matters, which also affects the recruitment process.)
Now I have come to know about one new reason is that every non-life insurer has to submit information pertaining to Policies, premium, claims, agent and offices in prescribed formats (form I to X) within 21 days of the end of every quarter. So they have to submit the same on or before 21st October 2012, in which they are busy at the moment. Read the 'Order of Insurance Regulatory and Development Authority Against National Insurance Company Ltd.' shown below and apprise yourselves 'HOW LAZY YOUR COMPANY IS'.
IN SU R A N C E REG ULATO RY A ND
J O D EV ELO PM E N T A U TH O R ITY
IRDA/NL/ORD/MISC / 189/08/2012 Dated 08th August, 2012
Order of
Insurance Regulatory and Development Authority
Against
National Insurance Company Ltd.
IRDA circular NO IRDA/NL/Misc/159/07/2011 dated 08th July, 2011
mandated every non-life insurer to submit information pertaining to Policies,
premium, claims, agent and offices in prescribed formats (form I to X) within
21 days of the end of every quarter.
National Insurance Company Ltd failed to comply with the above circular, by
not submitting the required information in time despite repeated reminders.
The company submitted the reports for II quarter on 07.12.2011 (against the
last date of 21st Oct, 2011) and reports for the III quarter were submitted on
16.02.2012 (last date 21.01.2012) and for IV quarter were submitted by
18.06.2012 (against 21.04.2012)
The company was issued with show cause notice on 28th November, 2011 in
this regard which was not replied and the company failed to justify the
reasons for the delay.
Hence, by not submitting the information as required by the above circular,
insurer has violated Section 14(2) (h) of IRDA Act, 1999.
In view of the above submission and in exercise of the power conferred upon
the Authority by the provisions of Section 102(a) of the Insurance Act, 1938,
the Authority imposes a penalty of Rs 5 Lakh on National Insurance
Company Ltd for the breach of Section 14(2) (h) of IRDA Act, 1999.
Therefore, the Insurer (National Insurance Company Ltd) is directed to remit
the penalty of Rs 5 Lakh (Rs 500000) within a period of 15 days from the
date of receipt of this order through a Demand Draft Favoring IRDA payable
Hyderabad, which may be sent to Shri Randip Singh Jagpal, JD (Non-
Life), IRDA, III Floor, Parishram Bhavan, Basheer Bagh, Hyderabad. 500004
Further National Insurance Company is advised to submit the required
information in time.
Place: Hyderabad
Date: 08.08.2012
(M. Rama Prasad)
Member (NL)
@NeW-PaGal bhai maan li teri baat....oye ab koi nh bolega k pahle aayga result bhai ab ne bola maan liya sir...
@NeW-PaGal said:
@ferocious002 You shouldn't expect the result before last week of october.
Recruitment process is not so simple, my friend, the complete process to achieve final marks is given below:
'marks obtained in written*A' +'marks obtained in interview*B'+'academic records*C'+'insurance certificate*D'+'marks in computer*E'+ 'work experience*F'='Final Marks'
where 'A', 'B', 'C', 'D', 'E', 'F' are some constants, which indicates respective weight.
(Here the determination of term 'academic records*C' takes a lot of time, because they have to find out percentage of marks obtained by the candidates in various disciplines.)
Then merit list is prepared on the basis of final marks.
(Besides these there may be some internal matters, which also affects the recruitment process.)
@ferocious002 said:
i agree but in notification is was mentioned dat final merit list will consist of ...written score and interview marks .....it was no where mentioned idat marks in graduation or PG will be criteria ....but again u could be right ,m not denying dat......but ur qualification and age comes in the role wen there is tie of final marks (written + interview)wat is the role of work experience , can u explain it 2 me ?? like if a person has exp. apart frm insurance sector...will it hv weightage ...or only insurance exp .is counted..?? plz throw sum light on this question ,but only if u r sure , no guess work in this question coz in this stage wen we r close 2 our results guesses will sound absurd ...
I am too agree with u @ferocious002 bro as per as written mark and interview mark is concerned the aggregate score of both should be considered for final selection but I don't think PG & UG marks will be considered at any stage of selection. The reason behind this my opinion is that if they have to include these marks then what's the need for conducting test for the post??
@NeW-PaGal U r right that the candidate must have to fulfill the eligibility criteria as per the NICL advertisement but experience, PG & UG marks are not going to include in final selection.

Khudi socho yaar yeh jruri nahi ki 55% criteria hai to sirf 80-90% walon ne hi written clear kia ho??? Agr 55% wala candidate clear kr deta hai test or fir bhi final selction me UG & PG k marks include kie jate hai to uske test clear krne ka kya fayda hua sab kuch to marks of PG and UG pr depend krega......

Experience Marks will definitely be include if they ask for it but they even not include a single line regarding experience. I agree with @ferocious002 bhai that they considered it when they face a tie between two candidates but until then its not needed for final selection......

@ferocious002 said:
@SURRCH143 : bhai kaha ho .......??
Bhai mere lapi ka charger achanak brust kr gya tha so dont able to contact. Aj nya lakr aapse connect hopaya hun. Or kaisa chal rha hai 20 se pehle ya 20 k bad???
@Gaurav1616 i have mobile number of some lady from hr department so wen i called her she said result will b on site by saturday so keep checking website and i even told her dat i have been calling for d past so many days and all are saying dat result will b out en of month bt she said its gonna come dis week...

everyonce try this number and confirm abt d result 09830844657

@NeW-PaGal said:
Brother, don't expect the result before the last week of this month. I already mentioned that in my previous post.
@NeW-PaGal said: You shouldn't expect the result before last week of october.
Recruitment process is not so simple, my friend, the complete process to achieve final marks is given below:
'marks obtained in written*A' +'marks obtained in interview*B'+'academic records*C'+'insurance certificate*D'+'marks in computer*E'+ 'work experience*F'='Final Marks'
where 'A', 'B', 'C', 'D', 'E', 'F' are some constants, which indicates respective weight.
(Here the determination of term 'academic records*C' takes a lot of time, because they have to find out percentage of marks obtained by the candidates in various disciplines.)
Then merit list is prepared on the basis of final marks.
(Besides these there may be some internal matters, which also affects the recruitment process.)
Now I have come to know about one new reason is that every non-life insurer has to submit information pertaining to Policies, premium, claims, agent and offices in prescribed formats (form I to X) within 21 days of the end of every quarter. So they have to submit the same on or before 21st October 2012, in which they are busy at the moment. Read the 'Order of Insurance Regulatory and Development Authority Against National Insurance Company Ltd.' shown below and apprise yourselves 'HOW LAZY YOUR COMPANY IS'.
IN SU R A N C E REG ULATO RY A ND
J O D EV ELO PM E N T A U TH O R ITY
IRDA/NL/ORD/MISC / 189/08/2012 Dated 08th August, 2012
Order of
Insurance Regulatory and Development Authority
Against
National Insurance Company Ltd.
IRDA circular NO IRDA/NL/Misc/159/07/2011 dated 08th July, 2011
mandated every non-life insurer to submit information pertaining to Policies,
premium, claims, agent and offices in prescribed formats (form I to X) within
21 days of the end of every quarter.
National Insurance Company Ltd failed to comply with the above circular, by
not submitting the required information in time despite repeated reminders.
The company submitted the reports for II quarter on 07.12.2011 (against the
last date of 21st Oct, 2011) and reports for the III quarter were submitted on
16.02.2012 (last date 21.01.2012) and for IV quarter were submitted by
18.06.2012 (against 21.04.2012)
The company was issued with show cause notice on 28th November, 2011 in
this regard which was not replied and the company failed to justify the
reasons for the delay.
Hence, by not submitting the information as required by the above circular,
insurer has violated Section 14(2) (h) of IRDA Act, 1999.
In view of the above submission and in exercise of the power conferred upon
the Authority by the provisions of Section 102(a) of the Insurance Act, 1938,
the Authority imposes a penalty of Rs 5 Lakh on National Insurance
Company Ltd for the breach of Section 14(2) (h) of IRDA Act, 1999.
Therefore, the Insurer (National Insurance Company Ltd) is directed to remit
the penalty of Rs 5 Lakh (Rs 500000) within a period of 15 days from the
date of receipt of this order through a Demand Draft Favoring IRDA payable
Hyderabad, which may be sent to Shri Randip Singh Jagpal, JD (Non-
Life), IRDA, III Floor, Parishram Bhavan, Basheer Bagh, Hyderabad. 500004
Further National Insurance Company is advised to submit the required
information in time.
Place: Hyderabad
Date: 08.08.2012
(M. Rama Prasad)
Member (NL)
is delay ki responsibility kis officer pe fix ki jayegi ?
@SURRCH143
@SURRCH143 said:
I am too agree with u @ferocious002 bro as per as written mark and interview mark is concerned the aggregate score of both should be considered for final selection but I don't think PG & UG marks will be considered at any stage of selection. The reason behind this my opinion is that if they have to include these marks then what's the need for conducting test for the post??
@NeW-PaGal U r right that the candidate must have to fulfill the eligibility criteria as per the NICL advertisement but experience, PG & UG marks are not going to include in final selection.
Khudi socho yaar yeh jruri nahi ki 55% criteria hai to sirf 80-90% walon ne hi written clear kia ho??? Agr 55% wala candidate clear kr deta hai test or fir bhi final selction me UG & PG k marks include kie jate hai to uske test clear krne ka kya fayda hua sab kuch to marks of PG and UG pr depend krega......
Experience Marks will definitely be include if they ask for it but they even not include a single line regarding experience. I agree with @ferocious002 bhai that they considered it when they face a tie between two candidates but until then its not needed for final selection......
Dear, I didn't say that "academic records" are the most important factor for somebody's final selection; but it has certain weight in the preparation of 'final selection list'. Now try to understand what exactly this term "certain weight" means, and by how much it can affect somebody's fate. Look below my previous post:
@NeW-PaGal said:You shouldn't expect the result before last week of october.
Recruitment process is not so simple, my friend, the complete process to achieve final marks is given below:
'marks obtained in written*A' +'marks obtained in interview*B'+'academic records*C'+'insurance certificate*D'+'marks in computer*E'+ 'work experience*F'='Final Marks'
where 'A', 'B', 'C', 'D', 'E', 'F' are some constants, which indicates respective weight.
(Here the determination of term 'academic records*C' takes a lot of time, because they have to find out percentage of marks obtained by the candidates in various disciplines.)
Then merit list is prepared on the basis of final marks.
(Besides these there may be some internal matters, which also affects the recruitment process.)
Explanation:
for the term "academic records*C"
where 'academic records'= '% of marks in graduation + post-graduation'
constant 'C'= '5% (based on recruitment process of a private company; this figure differs from companies to companies.)'
Now let's see:
Situation 1: % of marks obtained by a candidate in 'graduation + post-graduation' ='60+60'='120'
So, “academic records*C”=120*5/100=6
Situation 2: % of marks obtained by another candidate in 'graduation + post-graduation' ='80+80'='160'
So, “academic records*C”='160*5/100'=8
From the above explanation, you must have understood that 'academic records' are not the sole deciding factor for somebody's fate; but it has some importance, which may be critical for somebody's fate.

REPLY TO YOUR SECOND PART OF THE COMMENT:
Look below a part of the interview data sheet (NICL AO recruitment 2012):
PAST & PRESENT EMPLOYMENT (To be furnished in details)
Name & full address of employer(s)
Designation/post held
Period Scales & pay drawn
Reason for leaving
From
To
Here the word “PAST & PRESENT EMPLOYMENT” implies work experience, but like academic record, it's too, not the sole deciding factor for somebody's final selection. It has only certain weight, determined by the constant 'F' in the expression “work experience*F”, and its value varies from companies to companies.

I WOULDN'T BE HERE FOR NEXT FEW DAYS, BECAUSE OF MY PRIOR ENGAGEMENT IN SOME MATTER. BUT YOUR COMMENTS ARE WELCOMED.

THANKS FOR YOUR COMMENTS.

@pandit_pujari
NICL is a company, its not a partnership. So the responsibility goes to the company(NICL), it doesn't go to any individual; but if we become more particular, then it's the responsibility of the top official to take care of the company, to ensure fair growth and business of the company, so the responsibility goes to Chairman-cum-Managing Director- and its his duty to look the concerned department.

I WOULDN창€™T BE HERE FOR NEXT FEW DAYS, BECAUSE OF MY PRIOR ENGAGEMENT IN SOME MATTER. BUT YOUR COMMENTS ARE WELCOMED.

THANKS FOR YOUR COMMENTS.

@NeW-PaGal said:
@SURRCH143
Dear, I didn't say that "academic records" are the most important factor for somebody's final selection; but it has certain weight in the preparation of 'final selection list'. Now try to understand what exactly this term "certain weight" means, and by how much it can affect somebody's fate. Look below my previous post:
@NeW-PaGal said:You shouldn't expect the result before last week of october.
Recruitment process is not so simple, my friend, the complete process to achieve final marks is given below:
'marks obtained in written*A' +'marks obtained in interview*B'+'academic records*C'+'insurance certificate*D'+'marks in computer*E'+ 'work experience*F'='Final Marks'
where 'A', 'B', 'C', 'D', 'E', 'F' are some constants, which indicates respective weight.
(Here the determination of term 'academic records*C' takes a lot of time, because they have to find out percentage of marks obtained by the candidates in various disciplines.)
Then merit list is prepared on the basis of final marks.
(Besides these there may be some internal matters, which also affects the recruitment process.)
Explanation:
for the term "academic records*C"
where 'academic records'= '% of marks in graduation + post-graduation'
constant 'C'= '5% (based on recruitment process of a private company; this figure differs from companies to companies.)'
Now let's see:
Situation 1: % of marks obtained by a candidate in 'graduation + post-graduation' ='60+60'='120'
So, “academic records*C”=120*5/100=6
Situation 2: % of marks obtained by another candidate in 'graduation + post-graduation' ='80+80'='160'
So, “academic records*C”='160*5/100'=8
From the above explanation, you must have understood that 'academic records' are not the sole deciding factor for somebody's fate; but it has some importance, which may be critical for somebody's fate.
REPLY TO YOUR SECOND PART OF THE COMMENT:
Look below a part of the interview data sheet (NICL AO recruitment 2012):
PAST & PRESENT EMPLOYMENT (To be furnished in details)
Name & full address of employer(s)
Designation/post held
Period Scales & pay drawn
Reason for leaving
From
To
Here the word “PAST & PRESENT EMPLOYMENT” implies work experience, but like academic record, it's too, not the sole deciding factor for somebody's final selection. It has only certain weight, determined by the constant 'F' in the expression “work experience*F”, and its value varies from companies to companies.
I WOULDN'T BE HERE FOR NEXT FEW DAYS, BECAUSE OF MY PRIOR ENGAGEMENT IN SOME MATTER. BUT YOUR COMMENTS ARE WELCOMED.
THANKS FOR YOUR COMMENTS.
Boss Frankly speaking I also think that the final selection must be done on this basis. But aise hona cahie or aise hota hai me bhut fark hai. How do you know that they are following the same procedure for final selction????
@NeW-PaGal said:
@pandit_pujari
NICL is a company, its not a partnership. So the responsibility goes to the company(NICL), it doesn't go to any individual; but if we become more particular, then it's the responsibility of the top official to take care of the company, to ensure fair growth and business of the company, so the responsibility goes to Chairman-cum-Managing Director- and its his duty to look the concerned department.
I WOULDN €™T BE HERE FOR NEXT FEW DAYS, BECAUSE OF MY PRIOR ENGAGEMENT IN SOME MATTER. BUT YOUR COMMENTS ARE WELCOMED.THANKS FOR YOUR COMMENTS.
brother, this is not how the system works. In a company whether govt. or pvt., the responsibility of financial loss is fixed on the officer whose duty was to submit the challans to IRDA in time. Because NICL will recover this amount from the person(s) concerned. If he shows that somehow the delay was caused due to some extraneous factors beyond his control, other dept./sections despite his repeated requests or acts of God, then only the financial loss will be written off from the account books. Most often, the officer held responsible for making timely payments is an AO!
@SURRCH143 said:
Bhai mere lapi ka charger achanak brust kr gya tha so dont able to contact. Aj nya lakr aapse connect hopaya hun. Or kaisa chal rha hai 20 se pehle ya 20 k bad???
sab badia chal ra hai bhai ....result k liye kuch keh nhi sakta sayad kal hi aa jaye kya pata....;)
@Gaurav1616 said:
thanks... that brought some hope
how do you know anyway?
source of info?
bhai poocha tha kal waali hr se ...usne bola tha ...19 tak office khula hai ...
@tarunisgd said:
everyonce try this number and confirm abt d result 09830844657
raat me krna 10 baje k baad...;)
bhai ab meri mano to jada fone wone mat kro ...fone kr k bhi aur tension me aa jaoge coz they r not going to tell u exact date and time ...of which even they r not sure ...so leave it ab kisi bhi aa sakta hai result ....
@pandit_pujari said:
is delay ki responsibility kis officer pe fix ki jayegi ?
@new-pagal bhaisahab pe .......jinhone yaha itni der se information share ki yeh waali...;)
@tarunisgd said:
@Gaurav1616 i have mobile number of some lady from hr department so wen i called her she said result will b on site by saturday so keep checking website and i even told her dat i have been calling for d past so many days and all are saying dat result will b out en of month bt she said its gonna come dis week...
hmmmmm ....kya baat kya baat .....BTW no .kaha kaha se nikala bhai tumne us hr ka ...or wo personal mobile no ......hmmmm...kuch to gadbad hai bhai.......

@Gaurav1616 said:
Mujhe bhi exactly yehi pata chala hai... ki 19th (Friday) ko ana chahiye.. nahi to 22nd (monday) ko pakka aa jayega...
which number you called? I tried but no one answered...
bhai 20th(sat) - 24 (dusshera) office band hai .....to ya to 19 th k pehle ...ya phir 25th k baad