FAQs for IRDAI Assistant Manager Preparation

Is there any negative marking in the IRDAI exam?

Yes, there is negative marking i.e. 1/4th or 0.25 marks will be deducted for each wrong answer. So, it’s recommended to attempt the paper carefully.

Are mock tests important for IRDAI Assistant Manager exam?

Mock tests should be a crucial aspect of your preparation strategy for the IRDAI assistant manager exam.

Attempting mock tests under time-constraints can help you simulate an exam-like environment, boosting your time management skills, essential for clearing the exam. Moreover, mock tests help you test your preparation, identify and fix any gaps. In a nutshell, mock tests boost the chances of you clearing the IRDAI Grade A exam.

Is the ESI component in the NABARD Grade A and RBI Grade B same as the ESI component in IRDAI Grade A?

No. The ESI component in the IRDAI Grade A exam is different from RBI and NABARD as it targets economic and social issues specifically impacting the insurance industry. Therefore, you need to prepare for the ESI impacting Insurance for IRDAI Grade A, even if you have studied the ESI component in RBI or NABARD.

When IRDAI releases the cut-off for the IRDAI assistant manager exam?

The cut-off for the IRDAI Assistant Manager exam will be released along with the declaration of the result.

Is IRDAI a private or government institution?

The Insurance Regulatory and Development Authority of India (IRDAI) is a public authority as defined in the Right to Information Act, 2005.

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