LIC AAO (CA)
Assistant Administrative Officers (Chartered Accountant) - Phase-II Main Exam
122 Qs • 300 Merit Marks • 150 Mins
Official LIC Chartered Accountant Mains Exam Instructions
LIC AAO (Chartered Accountant) Mains - Structure & Differential Marking
Objective Test (300 Marks / 2 Hours) featuring CA Professional Knowledge followed by English Descriptive Test (25 Qualifying Marks).
| # | Name of Test (Section) | No. of Qs | Marks / Q | Max Marks | Min. Qualifying (Gen) | Duration |
|---|---|---|---|---|---|---|
| 1 | Reasoning Ability | 30 | +3.00 | 90 | 45 Marks | 40 Minutes |
| 2 | General Knowledge, Current Affairs | 30 | +2.00 | 60 | 30 Marks | 20 Minutes |
| 3 | Data Analysis & Interpretation | 30 | +3.00 | 90 | 45 Marks | 40 Minutes |
| 4 | Professional Knowledge (Chartered Accountant - CA) | 30 | +2.00 | 60 | 30 Marks | 20 Minutes |
| 5 | English Language (Financial Drafting & Essay)** | 2 | 10M + 15M | 25** | 10 Marks | 30 Minutes |
| Total Merit Score (Sections 1 to 4) | 120 + 2 Qs | Weighted | 300 Marks** | No Negative (0.0) | 150 Mins Total | |
- Chartered Accountant Stream: Section 4 tests core CA competencies including Accounting Standards (Ind AS 117 - Insurance Contracts), Auditing & Assurance (SA), Direct & Indirect Taxation (Income Tax Act Section 44 for Insurance Business, GST), Corporate Law (Companies Act 2013), and Financial Management.
- **Descriptive Paper is Qualifying: Marks in the Financial Letter & Essay Test (25 Marks) are qualifying in nature (Min. 10 marks required) and are NOT counted in the 300-mark Merit Score.
- Differential Weightage: Reasoning and DI carry +3.00 marks per question. GK and CA Professional Knowledge carry +2.00 marks per question.