all the questions will be of objective type with alternative choices out of which one will be the correct answer. The candidate has to select the correct answer and „mouse click‟ that alternative which he/she feels is correct. There will be a penalty for wrong answers marked by the candidates (in both Screening Test and Main Exam). The objective tests except test on “English Language” will be bilingual (in English and Hindi). For each wrong answer marked one fourth of the marks assigned to the question will be deducted from those obtained. The alternative/option that is clicked on will be highlighted and will be treated as the answer to that question.
Examination Centres : (for screening test)
Competitive Online Screening Examination will be held at specific centres in India. The candidates may choose any one of the centres mentioned in
Annexure I which must be indicated in the application form. Candidates will appear for the examination at the examination centre at his/her own risk and expenses.
Probation:
Selected candidates if certified to be medically fit, may be appointed as ADMINISTRATIVE OFFICER (SCALE-I) on probation for a period of one year which may be extended twice by a further period of six months at a time stretching upto one year.
The Company reserves the right to terminate the service of the candidate if found unsuitable at any time during the probationary period or the extended probationary period without any notice or assigning any reason thereof. During the probationary period, candidates may be required to undergo theoretical / practical training as may be prescribed / arranged for them.
During the probation period the Officers would be required to pass the non-life “Licentiate Examination” conducted by Insurance Institute of India. Only after passing the said examination the Officer will be eligible for confirmation of his services in the Company. Failure to pass the said Examination within the extended probation period will render the officer liable to be terminated from service on expiry of the period so specified.
Guarantee Bond:
Before joining as probationer, the selected candidates for appointment on regular pay-rolls of the Company will be required to give an undertaking to serve the Company for a minimum period of four years including probationary period. In the event of their resigning from the Company before the expiry of the bond period, they will be liable to pay liquidated damages equivalent to one year‟s gross salary paid to them during the year of probation which could be proportionately reduced depending upon the length of service rendered. Besides, he/she will have to submit a stamped Bond duly executed by two sureties of sound financial standing, for an amount equivalent to one year‟s gross salary.
Candidates resigning from the Company during the probationary period shall be liable to pay the salary received by them during their entire service in the Company in addition to an amount of Rs. 25000/- towards partial cost of training. No lien/bond executed to retain a substantive post with present employer will be binding upon the Company and no Leave Salary or Pension Contribution will be made.