What do you mean by IRDA exam?
Robert Miller
Published Feb 21, 2026
What do you mean by IRDA exam?
IRDA Exam 2021 acronym as Insurance Regulatory and Development Authority exam also known as LIC agent Exam is conducted by the Insurance Institute of India every year all-India bases for recruitment of Insurance agents in insurance companies.
What is the benefits of IRDA exam?
To ensure the fair dealing of insurance policies in the market. To safeguard the interest of the policyholders in India. To keep an eye on the frauds and scams found in the insurance market. To implement the rules and regulations of IRDA for the safety and benefit of customers.
What is the passing marks for IRDA exam?
35% marks are required to pass the exam (minimum 18 marks). There is no negative marking system; hence no any question should be left unanswered.
How can I prepare for IRDA exam?
How to Prepare for IRDA Exam – Reasoning. Start your preparation with easy and scoring topics like Arrangement & Pattern and Coding Decoding. These two topics will most probably hold a weightage of 10-15 marks. Apart from these, regularly practice Puzzles, because it will be asked in exam for 10-15 marks.
What is the fees of IRDA exam?
250/- and Exam Fee per Paper is Rs. 300/-, payable by Demand Draft only drawn in favour of “Insurance Institute of India, payable at Mumbai. 10. If you have a Surveyor license issued by the Authority (IRDA), please state category: .
How tough is IRDA exam?
practical learning with simultaneous reading of books make it easier for the candidate to pass the examination effortlessly. I would say the IRDA examination is not at all tough, It’s like a normal examination for any subject. The format of the examination is MCQ with 60% passing marks with no negative marking.
WHO issued IRDA certificate?
M/s Religare Health Insurance Company Limited, a general insurance company promoted by Religare Enterprises Limited, Corporation Bank and Union Bank of India has been registered as a General Insurer under Section 3 of the Insurance Act, 1938 with the Authority….Certificate of Registration.
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How many questions are there in IRDA exam?
IRDA Exam Highlights
| Exam name | Insurance Regulatory and Development Authority Exam |
|---|---|
| Mode of Exam | Online |
| Number of Questions | 50 |
| Time Allotted | 1 hour |
| Maximum Marks | 50 marks |
What is the syllabus for IRDA exam?
IRDA 2021 Exam Pattern Prelims
| Sections | Number of Questions | Duration |
|---|---|---|
| Reasoning | 40 | 90 minutes |
| English Language | 40 | |
| Quantitative Aptitude | 40 | |
| General Awareness | 40 |
How can I get IRDA license?
Click to submit the application form once you have selected the declaration check box….To apply for a New License:
- Click Trainee tab.
- Click Licensing tab.
- Click New License. The New License Application (Form 1-AF) is displayed. All the mandatory fields in the form are marked with an asterisk (*).
What is the full form IRDA?
Insurance Regulatory and Development Authority (IRDA) Act, 1999 spells out the Mission of IRDAI as: “… to protect the interests of the policyholders, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto……”
What is the validity of IRDA certificate?
What is the validity of my certificate? Insurance License is valid for a period of three years.
What are the documents required for appearing in IrDA exam?
At the time of filling the application form for the IRDA exam 2021 following documents will be required to upload on the official portal: Passport Size photo of the candidate Scanned sign of a candidate All the educational certificates and mark sheet
What are any two objectives of Irda?
Objectives of IRDA: To promote the interest and rights of policy holders. To promote and ensure the growth of Insurance Industry. To ensure speedy settlement of genuine claims and to prevent frauds and malpractices To bring transparency and orderly conduct of in financial markets dealing with insurance.
What is the role of Irda?
To protect the policyholder’s interests.
What is the use of Irda certificate?
Issues certificate of registration to new insurance companies.
