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LIC AAO General Knowledge and Current Affairs Syllabus
The General Knowledge and Current Affairs syllabus for LIC AAO in full: 3 chapters, 14 topics and 14 sub-topics, every one listed below, plus 50 General Knowledge and Current Affairs flashcards with answers.
General Knowledge and Current Affairs syllabus: all 3 chapters
Expand any chapter to see its topics and sub-topics.
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Current Affairs (National and International)
6 topics- Government Schemes and Policies
- Summits, Conferences and MoUs
- Awards, Honours and Appointments
- Sports Current Affairs
- Books, Authors and Important Days
- Obituaries and Defence News
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Static General Knowledge
4 topics- Indian and World Geography
- Rivers, dams and national parks
- Capitals and currencies
- Indian History and Culture
- Freedom struggle
- Art, dance and festivals
- Indian Polity and Constitution
- Fundamental rights and duties
- Parliament and judiciary
- General Science Basics
- Indian and World Geography
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Insurance and Financial Awareness
4 topics- History and Structure of LIC
- Nationalization of insurance
- LIC products and plans
- Insurance Terminology
- Premium, sum assured and underwriting
- Riders, claims and surrender value
- Regulatory Bodies
- IRDAI functions
- RBI and SEBI roles
- Types of Insurance
- Life vs general insurance
- ULIPs and term plans
- History and Structure of LIC
LIC AAO General Knowledge and Current Affairs flashcards — 50 questions with answers
Under which government scheme is free LPG connection provided to women from below-poverty-line households in India?
Pradhan Mantri Ujjwala Yojana (PMUY), launched in 2016 by the Ministry of Petroleum and Natural Gas.
What is the maximum life insurance cover and annual premium under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
Life cover of Rs 2 lakh for an annual premium of Rs 436, available to those aged 18-50 years.
Pradhan Mantri Suraksha Bima Yojana (PMSBY) provides what type of cover and at what premium?
Accidental death and disability cover of Rs 2 lakh for an annual premium of Rs 20, for those aged 18-70 years.
Atal Pension Yojana (APY) is regulated by which authority and targets which group?
Regulated by PFRDA; it targets workers in the unorganised sector, providing a guaranteed pension of Rs 1,000 to Rs 5,000 per month after age 60.
Under the Ayushman Bharat PM-JAY scheme, what is the annual health cover provided per family?
Rs 5 lakh per family per year for secondary and tertiary care hospitalisation.
What does an MoU (Memorandum of Understanding) signify in the context of bilateral agreements?
A formal, generally non-legally-binding agreement outlining the intended cooperation, terms and responsibilities between two or more parties.
Which international grouping holds an annual summit and includes India, with members Brazil, Russia, China, South Africa among its founders?
BRICS (Brazil, Russia, India, China, South Africa), later expanded to include additional members.
The Conference of the Parties (COP) summits are held under which UN convention to address climate change?
The United Nations Framework Convention on Climate Change (UNFCCC).
What is the G20, and what role does it serve?
An intergovernmental forum of 19 countries plus the EU and African Union that addresses major issues in the global economy, including financial stability and development.
What is India's highest civilian award?
The Bharat Ratna.
Name the second-highest civilian award in India after the Bharat Ratna.
The Padma Vibhushan, followed by Padma Bhushan and Padma Shri.
What is India's highest peacetime gallantry (military) award?
The Ashoka Chakra; the highest wartime gallantry award is the Param Vir Chakra.
Which prize is regarded as the highest literary honour in India, given for outstanding contribution to Indian literature?
The Jnanpith Award (Bharatiya Jnanpith).
What is the term for the official transfer of a player or the appointment of the head of a constitutional body called when a person is named to a post?
An 'appointment' - the formal designation of a person to an official position or office.
How many players are on the field per team in a cricket match?
Eleven players per team.
In football (soccer), how many players from each team are on the field at the start of a match?
Eleven players, including the goalkeeper.
The Davis Cup is associated with which sport?
Tennis (a men's international team competition).
The Ranji Trophy is the premier domestic championship in India for which sport?
Cricket (first-class domestic competition).
How often are the Summer Olympic Games held?
Every four years.
Who is the author of the Indian Constitution's drafting, often called its chief architect?
Dr. B. R. Ambedkar, Chairman of the Drafting Committee.
Show the other 30 General Knowledge and Current Affairs flashcards
On which date is World Health Day observed every year?
April 7.
On which date is International Yoga Day celebrated?
June 21.
On which date is National/World Insurance Day or LIC Foundation Day observed (LIC's establishment)?
LIC was established on September 1, 1956, observed as LIC's Foundation/Establishment Day.
What is an 'obituary'?
A published notice of a person's death, often including a short biography of the deceased.
Who is the supreme commander of the Indian Armed Forces?
The President of India.
What does CDS stand for in the Indian defence structure?
Chief of Defence Staff - the single-point military advisor to the government and head of the Department of Military Affairs.
Which is the longest river in India?
The Ganga (Ganges).
What is the highest mountain peak in India?
Kangchenjunga (in Sikkim).
Which is the longest river in the world?
The Nile (with the Amazon a close rival depending on measurement).
What is the capital city of Australia?
Canberra.
Which line divides the Earth into the Northern and Southern Hemispheres?
The Equator (0 degrees latitude).
Who was the first Governor-General of independent India?
Lord Mountbatten.
In which year did India gain independence?
1947 (August 15, 1947).
Which Mughal emperor built the Taj Mahal?
Shah Jahan, in memory of his wife Mumtaz Mahal.
Which dynasty did Emperor Ashoka the Great belong to?
The Maurya dynasty.
How many fundamental rights are currently guaranteed by the Indian Constitution?
Six fundamental rights.
What is the minimum age to become the President of India?
35 years.
Which part of the Indian Constitution deals with Fundamental Duties?
Part IV-A (Article 51A), added by the 42nd Amendment in 1976.
How many members are there in the Lok Sabha (maximum strength)?
The maximum strength is 552 (530 from states, 20 from UTs, and up to 2 nominated, now reduced after the 2019 amendment removing nominated Anglo-Indians).
What is the chemical symbol and atomic number of oxygen?
Symbol O, atomic number 8.
What is the SI unit of electric current?
The ampere (A).
What gas do plants absorb from the atmosphere during photosynthesis?
Carbon dioxide (CO2).
What is the speed of light in a vacuum (approximate)?
Approximately 3 x 10^8 metres per second (about 300,000 km/s).
Who established LIC and through which legislation?
The Government of India established LIC on September 1, 1956 through the Life Insurance Corporation Act, 1956, by nationalising and merging over 245 insurance companies.
In insurance, what is a 'premium'?
The amount the policyholder pays (periodically or as a lump sum) to the insurer in exchange for insurance coverage.
What is the principle of 'utmost good faith' (uberrimae fidei) in insurance?
Both parties must disclose all material facts honestly and completely; the insured must reveal all relevant information when buying a policy.
What is the regulatory body for the insurance sector in India?
IRDAI - the Insurance Regulatory and Development Authority of India, established in 1999.
What does the principle of 'indemnity' mean in insurance?
The insured is compensated only for the actual loss suffered, restoring them to the same financial position as before the loss - not allowing a profit from the claim.
What is the key difference between life insurance and general insurance?
Life insurance covers life-related risks (death, maturity, survival) and is long-term; general insurance covers non-life risks (health, motor, fire, marine) and is typically annual and based on indemnity.
What is a 'sum assured' in a life insurance policy?
The guaranteed amount the insurer agrees to pay the beneficiary on the insured event (death or maturity), excluding any bonuses.
LIC AAO General Knowledge and Current Affairs FAQ
What is in the LIC AAO General Knowledge and Current Affairs syllabus?
LIC AAO General Knowledge and Current Affairs is split into 3 chapters: Current Affairs (National and International), Static General Knowledge and Insurance and Financial Awareness. Together they contain 14 topics and 14 sub-topics.
How many chapters are in LIC AAO General Knowledge and Current Affairs?
3 chapters, containing 14 topics and 14 sub-topics. The largest chapter is Current Affairs (National and International), with 6 topics.
Are there flashcards for LIC AAO General Knowledge and Current Affairs?
Yes — a 50-card General Knowledge and Current Affairs deck, printed in full in the flashcards section of this page and available in the Examius app with spaced repetition. The free plan covers one exam of your choice, including its flashcards; Examius Pro, a one-time purchase, unlocks every other exam and deck.