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GIC Assistant Manager Exam Preparation Tips


The notification for GIC Assistant Manager has been released for 2017. This exam is for recruiting candidates for Assistant Manager Scale I Posts in various disciplines. The candidates will be selected based on their performance in Written Test, Group Discussion & Personal Interview. The motive of this article is to provide exam preparation tips for GIC Assistant Manager.

Refer to the article ‘GIC Assistant Manager Exam Pattern Syllabus 2017’ to be aware of the syllabus for general stream as well as specialist stream.

The first step towards a good preparation is to make a study plan which includes all the topics as per the syllabus. Part A consists of Higher Order Reasoning Ability/Critical Thinking.

(A) Let us see the preparation tips for part A which is an objective type of section.

General Insuarance Company(GIC) Assistant Manager Exam Preparation Tips

Preparation Tips for Higher Order Reasoning Ability/Critical Thinking Section:

This section includes critical, reflective, meta cognitive and creative thinking. These thinking abilities get activated when an individual goes through unfamiliar problems, uncertainties, questions, or dilemmas. On successful application of these skills one can excel in explanations, decision making, performances and products that are valid within the context of available knowledge. Higher order thinking skills are grounded in lower order skills such as discriminations, simple application and analysis, and cognitive strategies and are linked to prior knowledge of subject matter content. Appropriate teaching strategies can enhance the student-persistence, self-monitoring, and open-minded, flexible attitudes.

Preparation Tips for (Finance/ Accounts):

This section is to check professional knowledge of an individual and the questions are based on Finance and Accounts related topics. You must prepare on the below topics:

  1. Introduction to Financial Management

  2. Financial Statement Analysis

  3. Sources of Financing

  4. Capitalization

  5. Capital Structure

  6. Cost of Capital

  7. Leverage

  8. Dividend Decision

  9. Capital Budgeting

  10. Working Capital

  11. Working Capital Management

  12. Special Financing

  13. Financial System

Preparation Tips for Accounts:

Prepare on the topics:

  1. Accounting Concepts and Conventions

  2. Basic Accounting Concepts and Financial Statements

  3. Cash Accounting

  4. Accrual Accounting

  5. Basic Accounting Terms

  6. Revenue Recognition Principle

  7. Matching Principle

  8. Example Income Statement

Preparation Tips for Insurance:

This is a very unpredictable section. The professional as well as the knowledge related to insurance related topics will be checked in the exam. Keep yourself updated with the topics below:

  1. The concept of insurance

  2. Principles on the basis of which insurance works

  3. Need of insurance

  4. Overview of Indian Insurance Sector

  5. Types of Insurances

(B) Let us see the preparation tips for part B which is an objective type of section.

Preparation Tips for Reasoning Section:

Practice all types of questions from model papers. Solve the easier and quick to finish questions than the challenging ones. Questions related to these topics are important:

  1. Number Systems

  2. Simple Interest & Compound Interest

  3. Time & Work

  4. Time & Distance

  5. Profit & Loss

  6. Percentage

  7. Average

  8. Ratio and Proportion

  9. Bar graph & Pie-chart

  10. Probability

Preparation Tips for English Language Section:

The English section can be divided mainly into:

  1. Vocabulary

  2. Grammar

  3. Reading Comprehension

  4. Verbal Ability

Improve your basic concepts in English. Brush up your grammar rules, start reading news paper on a daily basis. Memorize antonyms and synonyms and know the usage of the words. Some of the important topics are:

  1. Reading Comprehension

  2. Spotting the Error

  3. Para - Jumbles

  4. Idioms & Phrases

  5. Synonyms & Antonyms.

Preparation Tips for General Awareness:

General Awareness topics are mostly the one related to books and authors, current events, banking and financial topics. You must keep reading news papers, magazines, watch news channels and update yourself with loads of information related to finance, economics, History of Banking, Banking Terms, and Fiscal & Monetary Policies, current affairs of the last 6 months.

Preparation Tips for Computer Aptitude:

Computer Knowledge mainly contains questions related to basic knowledge about computer. So you need to be aware about computer here. You must be aware of the abbreviations and definitions of most used terms related to computers.

Lastly, you must solve model papers, mock tests online. Practising the question papers improves accuracy and speed. Prepare well and give your best.

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