OICL Exams

The Oriental Insurance Company Ltd. is an Indian general insurance company headquartered in New Delhi. OICL is a public sector undertaking (PSU) providing financial services in India since 12th September 1947. Currently, the OICL has merged with National Insurance Company Limited (NICL) and United India Insurance Company. The recruitment is done for Agents, Assistants, and Administrative Officers (AO), and the notification is released through the official website: https://orientalinsurance.org.in. Candidates interested in OICL posts can check out OICL's previous years’ question papers to improve their scores.

OICL Exam Application Process 2022

The fees for the application for the posts in OICL has to be submitted online only. The amount of the fees differs according to the category you belong to.

The fees to be submitted is as follows:

• Application Fee Rs 600 - For unreserved or general category + Other backward classes (OBC)
• Application Fee Rs 100 - For Scheduled castes (SC), Scheduled Tribes (ST), Persons with Disability (PwD)

The educational qualifications necessary for the OICL exam differ for every post. The higher the post, the higher is the required minimum qualification.

OICL Exam Eligibility: Age criteria

The age limit assigned for the application for OICL 2022 is given below. The applicant must have been born not earlier than 1st August 1990 and not later than 31st July 1999 (including both the dates. In case this age of the candidate doesn’t fit in this limit, he is not eligible for the application for OICL 2022.

• Minimum Age- 21 years, as on 31st July 2022
• Maximum Age- 30 years, as on 31st July 2022

The applicants of the OICL will have to go through three stages of the examination. The competition is tough because the exam is conducted at the national level. As the candidates are from all over the country, the students need to prepare very well for all the three exams. The three-tier exam structure helps the OICL examination body to assess the candidates from every way possible. Given below are the three stages for the OICL 2022 Exam:

• Prelims or Preliminary OICL 2022 Exam – MCQ Paper
• Mains OICL 2022 Exam - MCQ + Subjective
• Interview OICL 2022 Exam

OICL Exam Pattern Prelims

The OICL Prelims will be a total objective paper with only Multiple-Choice Questions (MCQs) asked in the exam. This test is primarily to filter the candidates for the Mains exam. The basic knowledge and the aptitude level will be checked and the students will be passed to the next level. The marks scored in the OICL Prelims will not be taken into consideration for the final result as the Prelims is just for screening and qualifying purposes.

The distribution of the marks of the OICL Prelims exam is given below:

• Exam duration: 1 hour
• Exam type: Objective/ MCQs
• Exam Mode: Online Computer Based Test (CBT)
• Maximum Marks: 100
• Sections of Prelims: English Language, Logical Reasoning, Quantitative Aptitude
• Sectional Cut-off: Yes Applicable. The candidate has to qualify every section
• Negative Marking: Yes, for every wrong answer 1/4th of the marks assigned will be deducted. If any question is left unanswered then no marks will be deducted for that.

This section of the paper will test the candidate’s basic knowledge about English language, grammar, and Comprehension skills. This will include familiarity with elementary English grammar and other simple topics related to the language.

OICL Exam Reasoning Ability or Logical Reasoning

This Critical reasoning exam is for testing the candidates’ ability to draw logical conclusions. This skill is important in everyday life also which makes it an inherent part of the Prelims exam. The subsections for the Logical Reasoning test are as follows:

OICL Exam Quantitative Aptitude or Mathematical Ability

This part of the paper consists of mathematics topics from primary and secondary level of school. This elementary level of mathematics and aptitude will test the candidate’s ability of problem solving and basic quantity calculation sums.

OICL General Knowledge

A good knowledge of general awareness has become important for every exam point of view. This part of the paper will test the candidates’ knowledge of the current affairs and basic familiarity with the social, economic and political situation in India and the world around. Keep yourself updated about the current affairs through good English newspapers and regularly watch informative news channels. This will even improve your reading, writing and understanding skills for the English paper as well.

OICL Professional Knowledge Section

This section of the Mains exam will test knowledge and understanding of specific subjects of the study. This part is important as it can give you edge over the other candidates if you learn the basic of the following subjects that are important from recruitment point of view:

Q.1 What is the process of final selection for OICL?

ANS: The final merit list is prepared based on the marks of the Main Exam and Personal Interview. This merit list is used to select candidates for recruitment.

Q.2 In how many languages is the OICL exam conducted?

ANS: OICL is conducted in two languages- Hindi and English.

Q.3 Is there a sectional cutoff in OICLExam?

ANS: OICL Exam has both sectional and overall cutoff.

Q.4 What is the age limit for a general candidate for OICL?

ANS: Candidates between the age of 21-30 are eligible to apply for OICL .

Q.5 Does the Preliminary Exam matter while the final recruitment?

ANS: No, the Preliminary Exam is just to test the candidates for the Main Exams. The marks gained in the Preliminary Exam doesn’t count in the merit list prepared for the recruitment. All in all, if your dream is to work by joining the Insurance sector then this is the place. OICL is one of the most sought public sectors by the candidates, because of its reputation in great financial services towards the country. With governmental security to the job, social status and economic stability this is a place worthy of your hard-work. Prepare well and good luck!