GIC 2024 Recruitment: Result Out, Cutoff, Interview Date & Eligibility

General Insurance Corporation of India 2022 ( GIC )

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Rupali Pruthi

Rupali PruthiAssistant Manager - Editorial

Updated on Jun 28, 2024 13:22 IST

GIC 2024 result has been released for the Assistant Managers - Scale I Officers recruitment 2024. The GIC GD and Interview 2024 for Assistant Manager was held from June 25 to July 1, 2024. The GIC Assistant Manager result 2024 was released on the official website- www.gicre.in. Get the direct GIC Assistant Manager Result 2024 PDF link below. A total of 186 candidates were shortlisted to appear for the GD and Interview round. The GIC recruitment exam 2024 for the post of Assistant Manager was held online on March 9, 2024. The General Insurance Corporation of India (GIC) seeks to fill a total of 85 vacancies for the post of Assistant Manager – Scale I Officers under this recruitment drive. The GIC Assistant Manager recruitment 2024 began on December 23, 2023, with the release of official notification and online application form. The GIC Assistant Manager application form 2024 was available from December 23, 2023 to January 12, 2024. 

Candidates looking forward to appearing for the GIC recruitment 2024 exam should regularly visit this page for the latest updates regarding the notification, exam date, application process, eligibility criteria, recruitment process, admit card, exam pattern, syllabus, salary and other details.

Q:   What is the GIC Cut Off 2024?

A:

The General Insurance Corporation of India (GIC) has released the GIC cut off 2024 for Assistant Manager along with the results. The GIC Assistant Manager cut off 2024 marks have been announced category-wise and stream-wise. Candidates can download the GIC cut off for 2024 PDF by visiting the official website. However, apart from cut off marks, Candidates need to obtain the minimum qualifying marks, which are 60 per cent for General/OBC and 50 per cent for SC/ST.

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Q:   When will the GIC Assistant Manager result 2024 be released?

A:

The GIC Assistant Manager result 2024 was released on June 5, 2024 on the official website- gicre.in. The GIC Assistant Manager result 2024 mentions the total number of the candidates declared qualified who have been shortlisted for the next round, that is, Group Discussion & interview. Candidates should download the result pdf and take a printout of the same for future reference. The roll number and name of the candidates will be the identification factor during the interview.

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Q:   When will the GIC Interview 2024 be held for Assistant Manager?

A:

The GIC Interview and Group Discussion (GD) 2024 round for the recruitment of Assistant Managers - Scale I Officers will be held from June 25, 2024 to July 1, 2024. The General Insurance Corporation of India (GIC) has released the date-wise and stream-wise schedule for the GIC Interview 2024. The selected candidates need to appear for the GIC GD, Interview round to get shortlisted under the GIC Assistant Manager Recruitment 2024.

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Q:   How to Check GIC Assistant Manager Result 2024?

A:

Candidates can check the GIC Assistant Manager Result 2024 by following the steps given below:

  • Visit the official website- gicre.in.
  • Go to the 'Careers' section.
  • Click on the Result link.
  • Search for your name on the GIC AM Result PDF.
  • Download the GIC Result 2024 PDF.
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What is GIC?

General Insurance Corporation of India (GIC) is a reinsurance company that conducts a recruitment exam every year to shortlist eligible candidates for various posts. GIC recruitment is done for various positions such as Assistant Manager (Scale I Officers), Assistant and other entry-level positions. The senior positions are filled through promotion or lateral recruitment. Candidates shortlisted through the GIC recruitment exam are placed at different GIC offices based in India and abroad as per the requirement of the Corporation.

Also Read: GIC Exam Date 2024

Q:   What is GIC exam eligibility?

A:
For Finance or Accounts: A Bachelor of Commerce Degree from a recognised University with min 60 percent mark in the degree examination for General and OBC category students and at least 55 percent marks for Schedule Caste or Schedule Tribe category students or any equivalent qualification recognised as such by Central Government with the prescribed benchmark. For General: Graduation in any discipline with min 60 percent mark for General and OBC and min 55 percent mark for the Schedule Caste or Schedule Tribe category from a recognised university. For Legal: Students must possess a Legum Baccalaureus or Bachelor of Laws degree from a recognised University with min 60 percent mark in the degree examination for open and OBC category students and min 55 percent mark for Schedule Caste or Schedule Tribe students or any equivalent qualification recognised as such by the Central Government with the prescribed benchmark. For Insurance: Graduation in any discipline with min 60 percent mark in the degree examination for open and OBC students and min 55 percent mark for Schedule Caste or Schedule Tribe students or any equivalent qualification-recognised university. Students should hold a graduation or post-graduation degree with a minimum of 60 percent aggregate marks. Students should be a minimum of 21 and a maximum of 30 years of age to apply for the exam. For more details, you may visit the Shiksha GIC exam page. (https://www.shiksha.com/exams/gic-exam). I hope this will help you.
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Q:   What is the salary of the GIC assistant manager?

A:
GIC Assistant Manager Salary, GIC Assistant Manager Pay Scale: INR 32795 - INR 1610 (14), INR 55335 - INR 1745 (4), INR 62315 GIC Officer Scale I Basic Pay: INR 32,795 (Increment for 14 Years equals INR 1610) GIC Assistant Manager Scale I Basic Pay after 14 years: INR 55,335 (Increment for 4 Years equals INR 1745) GIC Officer Scale I Maximum Basic Pay: INR 62,315 GIC Assistant Manager Gross Monthly Salary: INR 65,000 GIC Assistant Manager Scale I Total Salary Per Annum: Current Cost to the Company of an Assistant Manager posted in Mumbai is approximate INR13 LPA. House Rent Allowance City Wise: 1- 10 percent of pay subject to a maximum of INR 3,200 per month: Cities of Mumbai, Navi Mumbai, Calcutta, New Delhi, Ahmedabad, Mangaluru, Hyderabad, Pune, Faridabad, Ghaziabad, NOIDA, Gurgaon, and Chennai. 2- 8 percent of pay subject to a maximum of INR 2,700 per month: Cities with a population exceeding 12 Lacs, except Gandhinagar, and all cities in the State of Goa. 3- 7 percent of pay subject to a maximum of INR 2,600 per month: Cities with a population of 5 Lacs and above but not exceeding 12 lacs, State capitals with a population not exceeding 12 Lacs, Chandigarh, Mohali, Panchkula, Pondicherry, Port Blair. City Compensatory Allowance City wise: 1- 3 percent of pay subject to a maximum of INR 800 per month: Cities of Mumbai, Navi Mumbai, Calcutta, New Delhi, Ahmedabad, Mangaluru, Hyderabad, Pune, Faridabad, Ghaziabad, NOIDA, Gurgaon, and Chennai. 2- 2.5 percent of pay subject to a maximum of INR 760 per monthCities with a population exceeding 12 Lacs, except Gandhinagar and all cities in the State of Goa. 3- 2 percent of pay subject to a maximum of INR 590 per monthCities with a population of 5 lacs and above but not exceeding 12 Lacs, State capitals with a population not exceeding 12 Lacs, Chandigarh, Mohali, Panchkula, Pondicherry, Port Blair. Travel Allowance: Every Officer who is not in receipt of any TA under any of the Conveyance Schemes is paid a TA of INR 800 per month.
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Q:   What is the role of Assistant Manager in GIC?

A:

The GIC Assistant Managers are recruited through a two-phase selection process involving online exam and interview round. The Assistant Managers in GIC are posted in Mumbai only and are liable to be posted anywhere in India as well as abroad as per the requirement of the Corporation. The GIC Assistant Manager post is permanent is nature. The Assistant Managers need to assist the management and work in different departments and perform tasks related to insurance and reinsurance.

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GIC Dates 2024

Take a look at the table below for the complete schedule of GIC 2022 exam

DatesPast Exam Dates

05 Jun '24

GIC AM Result

09 Mar '24

GIC Exam

01 Mar '24

GIC Exam Admit Card

GIC Recruitment 2024: Highlights

Have a look at the GIC recruitment 2024 highlights below:

Exam Name

GIC Exam

Conducting Body

General Insurance Corporation of India

Exam Level

National

Vacancy

Assistant Manager - Scale I Officer - 85 Vacancies

Exam Mode

Online only

Exam Duration

150 minutes

Exam Purpose 

Selection of candidates for the post of Assistant Manager (Scale-I) and other posts

Exam Helpdesk No.

022-22867000

Official Website

https://www.gicre.in 

GIC Result 2024

The GIC result 2024 for the post of Assistant Manager- Scale I Officer has been announced. The GIC result 2024 for Assistant Manager mentions the total number of the candidates declared qualified who have been shortlisted for the next round, that is, Group Discussion & interview. Candidates should download the result pdf and take a printout of the same for future reference. The roll number and name of the candidates will be the identification factor during the interview. Candidates can download the GIC Assistant Manager Result 2024 PDF following the given steps:

  • Visit the official website- https://www.gicre.in.
  • Go to the 'Careers' section.
  • Click on the Result link.
  • Search for your name on the GIC AM Result PDF.
  • Download the GIC Result 2024 PDF.

Direct GIC Assistant Manager Result 2024 PDF Link - https://www.gicre.in/images/2024/pdf/NOTICE-DECLARATION_OF_RESULT_OF_WRITTEN_TEST_HELD_ON_932024.pdf 

 

GIC Cutoff 2024

GIC cutoff 2024 has been released along with the result. The cutoff for each category was released in the result document. The cutoff is the minimum mark required to get selected in that exam year. It is different from the qualification marks because it changes each year and it is the function of the number of vacancies, the number of candidates appearing in the exam and the difficulty level of the paper. Candidates can download the GIC cut-off marks 2024 using the steps given below.

  • Visit the official website- gicre.in.
  • Go to the 'Careers' section.
  • Navigate to the cut off link.
  • Download the GIC cut off 2024 PDF.

Direct GIC cut off 2024 PDF link - https://www.gicre.in/images/2024/pdf/NOTICE-_CUT-OFF_MARKS_OF_THE_CANDIDATES_CALLED_FOR_GD__INTERVIEW.pdf 

Also Read: GIC Admit Card 2024

GIC Vacancy 2024

Have a look at the category-wise GIC vacancy 2024 list for the post of Assistant Manager below:

Categories

Vacancies

UR

35

SC

12

ST

06

OBC

26

EWS

06

PWD (HI/VI/OC/ID/MD)

03

Total

85

 

GIC Exam Eligibility 2024

The GIC eligibility criteria 2024 differs for each post. The basic GIC eligibility criteria that candidates need to fulfill are:

  • A candidate should either be a citizen of India a subject of Nepal/Bhutan or a Tibetan refugee or a person of Indian origin
  • A candidate should be aged between 21 and 30 years. The candidate should have been born not earlier than 02.02.1993 and not later than 01.02.2002 (both days inclusive).
  • A candidate should possess a graduation or post-graduation degree with at least 60 per cent aggregate marks. Note: The subject of graduation/post-graduation varies as per the stream for which the candidate is applying.

GIC Age Limit 2024

The minimum age limit to apply for GIC recruitment is 21 years and the maximum age limit is 30 years. However, there is relaxation in the upper age limit to the candidates belonging to the reserved category candidates as given in the table below.

Category  Relaxation Upper Age limit
Scheduled Caste/Scheduled Tribe 5 years 35 years
Other Backward Class (eligible for reservation) 3 years 33 years
Person with Disability 10 years 40 years
Ex-Servicemen / Disabled Ex-Servicemen The actual period  of  service rendered  in  the defence forces   +   3   years   (8   years   for disabled    Ex-Servicemen belonging    to SC/ST) subject to a maximum age limit of 45 years  
Widows, Divorced women and women legally separated from their husbands who have not remarried 9 years 39 years
Existing Confirmed Employees of Public Sector General Insurance Companies (including GIC & Agriculture Insurance Company of India Ltd.) 8 years 38 years

Note: In case of a candidate who is eligible for relaxation under more than one of the above categories, the age relaxation will be available on a cumulative basis subject to the maximum age not exceeding 45 years.

Also Read: GIC Application Form 2024

GIC Recruitment Process 2024

The GIC recruitment 2024 process includes the following steps:

Step 1: GIC Application Form

Firstly, candidates needed to fill out the GIC exam application form online on the official website of the corporation. The GIC application fee is INR 850 (plus 18% GST). However, candidates belonging to the Scheduled Caste/Scheduled Tribe/Physically Handicapped (PH) category and the employees of GIC and GIPSA Member Companies are exempted from the application fee. The candidates can submit the GIC application online only.

Step 2: Download the GIC Admit Card

Candidates who successfully registered for the exam and were found eligible for the exam were issued the GIC admit card/call letter to appear in the written exam. The GIC call letter contains all important information such as the candidate’s name, exam date, exam time and exam centre address. GIC conducts the exam as a Computer-Based Test (CBT) online only. The exam conducting authority releases the admit card mentioning the details about the exam date, time and centre of examination. The candidates can see here the list of exam centres so that they can fill accordingly in the application by opting for the nearest or most convenient GIC exam centre.

Step 3: Appear for the GIC Exam

Next, candidates were required to appear for the GIC recruitment exam conducted in online mode. Subjects from which questions are typically asked in GIC exams were Reasoning, English Language, General Awareness, Numerical Ability and Computer Literacy. The weightage of the written test was 150 marks.

Step 4: Appear for Group Discussion & Interview

Candidates qualifying the online exam are called to appear for a Group Discussion (GD) and interview round. The weightage of GD and interview rounds is 50 marks.

Step 5: Appear for GIC Medical Examination

Candidates qualifying the GD and interview rounds will be called to appear for the pre-employment medical examination.

Step 6: Check the GIC Exam Result

GIC exam result is announced by the corporation on its official website. The result is released in the form of a merit list that contains the names and roll numbers of candidates qualifying all stages of the GIC recruitment process.

GIC Answer Key 2024

The General Insurance Corporation of India (GIC) does not release the answer key of the exam. Candidates need to ascertain their marks on their own only. The official GIC answer key is not released in the public domain. Various coaching and other publishers release memory-based answer keys only.

GIC Question Paper 2024

The General Insurance Corporation of India conducts the online exam in the computer-based test (CBT) mode only and the exam conducting authority does not release the official question paper in the public domain. Candidates preparing for the exam are required to depend on the memory-based question papers only. However, candidates can practice with the mock test papers and model questions for the exam.

GIC Syllabus 2024

The GIC syllabus 2024 provides an overview of topics required to be prepared for the exam. The candidates can anticipate the efforts required to prepare for the exam. The syllabus guides the candidates to prepare in a better and more directed way. Have a look at the general GIC syllabus below:

Numerical Ability Syllabus

Computer Literacy Syllabus

General Awareness Syllabus

Reasoning Syllabus

Simplification

Memory

Financial Awareness

Verbal Reasoning

Average

Keyboard Shortcuts

Current Affairs

Syllogism

Percentage

Computer Abbreviation

General Knowledge

Circular Seating Arrangement

Mixture and Allegations

Microsoft Office

Static Awareness

 

 

 

 

 

 

 

 

 

 

 

 

Code Inequalities

Ratio and Percentage

Computer Hardware

Linear Seating Arrangement

Data Interpretation

Computer Software

Double Lineup

Mensuration and Geometry

Operating System

Scheduling

Quadratic Equation

Networking

Input-Output

Interest

Computer Fundamentals /Terminologies

Blood Relations

Problems of Ages

Directions and Distances

Profit and Loss

Ordering and Ranking

Number Series

Data Sufficiency

Speed, Distance and Time

Coding and Decoding

 

Time and Work

Number System

Data Sufficiency

Linear Equation

Permutation and Combination

Probability

GIC Descriptive Test Syllabus 2024: Hindi/ English

The GIC descriptive tests will be conducted online. The questions will be shown on screen and candidates will have to type answers using a keyboard. For Hindi typing, the candidates should know the following keyboard layout - Inscript and Remington (GAIL). The GIC English or Hindi language paper to test the technical and professional knowledge of candidates will contain objective-type MCQs from the following topics:

  • Grammar & vocabulary
  • Synonyms & antonyms
  • Sentence completion
  • Comprehension of a passage

However, the GIC English or Hindi Descriptive Test will contain the following questions:

  • Essay
  • Precise
  • Comprehension

GIC Exam Pattern 2024

The GIC exam pattern informs the candidates about the structure of the paper at each stage. The GIC exam pattern 2024 provides a clear picture of the exam. It mentions the time limit assigned for the paper and the total number of stages required to qualify to get selected for the exam. Have a look at the GIC exam pattern 2024 for the online exam below:

GIC Exam Pattern 2024 for Officers Other than Hindi

Part

Subject

Max. Marks

Number of Questions

PART A

(Objective)

Higher Order Reasoning Ability/Critical Thinking

40

40

PART B

(objective)

Test of Reasoning

20

20

Test of English Language with special emphasis on grammar and vocabulary.

25

25

Test of General Awareness

20

20

Test of Numerical Ability & Computer Literacy

15

15

Part C (Descriptive)

Test in English Language – Essay, precis and Comprehension

30

03

Total

-

150

123

GIC Exam Pattern 2024 for Hindi Officers

Part

Subject

Max. Marks

Number of Questions

PART A

(Objective)

Technical and Professional Knowledge Test in the relevant discipline test of Hindi and English grammar/ vocabulary + knowledge of Act & Rules regarding official language implementation

40

40

PART B

(objective)

Test of Reasoning

20

20

Test of translation (English to Hindi and Hindi to English) objective type.

20

20

Test of General Awareness

20

20

Part C (Descriptive)

Test of Hindi Language Essay, precis and Comprehension & Hindi & English grammar+

translation from English to Hindi and Hindi to English (Text)+Hindi Typing, UNICODE

50

05

Total

-

150

105

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GIC Contact Information

Registered & Head Office Address:

"Suraksha", 170, Jamshedji Tata Road, Churchgate, Mumbai - 400 020 India  

Email ID  info@gicofindia.com

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Answered Yesterday

The GIC amount to study in quebec is as mentioned below:

  • One person under the age of 18: CAD 7,541
  • One person aged 18 and over: CAD 15,078

The canadian government is the authority who can change the amount of guaranteed investment certificate.

A

Aayushi Dhawan

Beginner-Level 3

Answered Yesterday

The process to pay or buy GIC Canada from India is very easy. Here is the step-by-step process:

  • Visit the official website of banks.
  • Fill out the required details such as (name, username, and personal email id).
  • Bank will send you a URL and secure mailbox for communication with the bank. 
  • Bank will need

...more

A

Aashi Tiwari

Beginner-Level 3

Answered Yesterday

The full form of GIC Canada is Guaranteed Investment Certificate. It is a liquid investment in banks in Canada. It is one of the important parts of required documents to study in Canada. The GIC amount is CAD 20,635 (INR 12.34 Lakhs) for Indian students. Earlier, it was CAD 10,000.

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Raj Vimal

Contributor-Level 9

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