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AIC Management Trainee Exam 2023: Official Notification

The Agriculture Insurance Company of India Limited has invited applications for the recruitment of Management Trainees in the Generalist discipline for 50 vacancies.
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AIC Management Trainee Exam Notification 2023 for 50 Vacancies Released: Apply Now!

The Agriculture Insurance Company of India Limited has invited applications from interested candidates for the recruitment of Management Trainees in the Generalist discipline for 50 vacancies

The official notification for the AIC Management Trainee Exam 2023 was released by the AIC on its official website on 16 January 2023 through CIN: U749999DL2002PLC118123 Ref.No. AIC/Rect/MT-2022-23/.

The Agriculture Insurance Company of India Limited has invited applications from eligible candidates only through online mode up to 5 February 2023 for direct recruitment to the posts of Management Trainee in the Generalist discipline through the AIC.

Candidates can apply online for this AIC Management Trainee Exam 2023 starting from 17 January 2023 (8.00 AM) until 5 February 2023 (8.00 PM) on AIC’s official website.

The last date for applying to the AIC Management Trainee Exam 2023 for 50 vacancies is 5 February 2023 (8.00 PM).

Agriculture Insurance Company of India Limited (AIC)

The Agriculture Insurance Company of India Limited (AIC) was formed under the aegis of the Indian Government and promoted by six Indian public sector companies as a specialty crop insurance provider to the Indian farming community. The AIC was incorporated on 20 December 2002 with an authorised share capital of ₹ 1500 crores and a paid-up capital of ₹ 200 crores.

The promoters of the AIC are the General Insurance Corporation of India (35%), the National Bank for Agriculture And Rural Development (30%), National Insurance Company Limited (8.75%), the New India Assurance Company Limited (8.75%), the Oriental Insurance Company Limited (8.75%) and the United India Insurance Company Limited (8.75%).

It commenced its business operations on 1 April 2003 by taking over crop insurance operations from its major promoter, the General Insurance Corporation of India Limited. The AIC has taken over the implementation of the National Agricultural Insurance Scheme (NAIS),  which, until FY 2002–03, was implemented by the General Insurance Corporation of India. The AIC also transacts other insurance businesses directly or indirectly concerning agriculture and its allied activities.

The AIC is a specialty and one of the largest crop insurance companies in the Indian non-life insurance sector. The company has a market share of about 50 per cent in Indian crop insurance and aims to cover the huge protection gap lying uninsured with respect to other risks related to agriculture and allied activities of the Indian farmers.

AIC Management Trainee Exam 2023: Exam Overview

Candidates who are interested and eligible to apply for the AIC Management Trainee Exam 2023 can find the complete overview of the AIC Management Trainee Official Recruitment 2023 for 50 vacancies below:

AIC Management Trainee Exam 2023: Exam Overview

Organisation

Agriculture Insurance Company of India Limited (AIC)

Recruitment Agency

Agriculture Insurance Company of India Limited (AIC)

Exam Name

AIC Management Trainee Exam 2023

Post

Management Trainee in the Generalist discipline of the Agriculture Insurance Company of India Limited (AIC)

AIC Management Trainee Exam 2023 Notification Release Date

16 January 2023

AIC Management Trainee Exam 2023 Online Application Start Date

17 January 2023

Last Date to Apply for AIC Management Trainee Exam 2023

5 February 2023

Last Date for Online Payment of Fee for AIC Management Trainee Exam 2023

5 February 2023

Date of AIC Management Trainee Online Examination 2023

 

25 February 2023

 

Commencement of Downloading of Call Letters for AIC Management Trainee Online Examination 2023

Around ten days prior to the date of the exam

 

Online Pre-recruitment Training for SC/ST/OBC/PWD

Candidates

 

Around ten days prior to the date of the exam

Total AIC Management Trainee Vacancies

50

Category

Central Government Job

Exam Selection Process

Online Examination & Interview

Official Website

https://www.aicofindia.com/AICEng/Pages/default.aspx   

AIC Management Trainee Exam 2023: Number of Vacancies

The Agriculture Insurance Company of India Limited (AIC) released the AIC Management Trainee Exam 2023 Official Notification for 50 vacancies on 16 January 2023 on its official website. This official recruitment conducted by AIC is mainly for the recruitment of 50 vacancies of Management Trainees in the Generalist Discipline for the Agriculture Insurance Company of India Limited in 2023.

Note:

  • The total number of vacancies and the reserved vacancies are provisional and may vary according to the actual requirements of the AIC.
  • The reservation under various categories will be as per prevalent Government Guidelines.
  • Not more than one application should be submitted by any candidate.
  • In case of multiple applications, only the latest valid (completed) application will be retained and the application fee/intimation charges paid for the other registration(s) will stand forfeited.
  • Reservations under various categories will be as per the prevailing government guidelines at

the time of finalisation of the AIC Management Trainee Exam 2023 final results.

AIC Management Trainee Exam 2023: No. of Vacancies

Post

SC

ST

OBC

EWS

Unreserved

PwBD (VI/HI/LD/SLD/MD)

Total Vacancies

Management Trainee in the Generalist Discipline

9*

4*

12*

6*

19

2* HI+1*VI

50

SC: Scheduled Caste; ST: Scheduled Tribe: OBC: Other Backward Classes; EWS: Economically Weaker Section; UR: Unreserved; PwBD: Persons with Benchmark Disabilities (VI: Visual Impairment; HI: Hearing Impairment; LD: Locomotor Disability; MD: Multiple Disability SLD: Specific Learning Disability)

 

AIC Management Trainee Exam 2023: Eligibility Criteria

Applicants interested in applying for the AIC Management Trainee Exam 2023 for the recruitment to the posts of Management Trainee in the Generalist Discipline should fulfill the following eligibility criteria to apply online for the AIC Management Trainee Exam 2023.

The eligibility criteria include the Age Limit, Educational Qualification, etc., which are discussed below in detail in our Veranda RACE blog post:

AIC Management Trainee Exam 2023: Age Limit

The candidates who wish to apply online for the TNPSC Road Inspector Exam 2023 for the recruitment of Road Inspector Exam should have a minimum age of 21 years or a maximum age of 30 years as on 1 January 2023, i.e. the candidate must have been born not earlier than 1 January 1993 and not later than 31 December 2001 (both dates inclusive).

 

AIC Management Trainee Exam 2023: Age Limit

Minimum Age

Maximum Age

21 years

30 years

 

AIC Management Trainee Exam 2023: Educational Qualifications

Candidates applying for the AIC Management Trainee Exam 2023 must possess the minimum qualification as given below from a recognised University or any equivalent qualification recognised as such by the Indian Government. Candidates should possess a certificate as proof of passing the qualifying examination as of 01 January 2023.

Candidates applying for the AIC Management Trainee Exam 2023 must possess computer efficiency and proficiency in the regional local language.

 

AIC Management Trainee Exam 2023: Educational Qualification

Name of the Post

Required Qualification

Maangement Trainee in the Generalist discipline

Graduate in

Arts (or) Science (or) Commerce (or) Agriculture (or) Horticulture (or) Animal

Husbandry (or) Management (or) Statistics (or) HR (or) Others with 60 per cent

marks (55 per cent marks for SC/ST)

 

 

 

AIC Management Trainee Exam 2023: Application Fee

The application fee for the AIC Management Trainee Exam 2023 is mentioned below in the table:

 

Category

Fee

SC/ST/PwBD

₹ 200 (Intimation charges only)

All other categories

₹ 1,000 (Application fee including intimation charges)

The payment for the application fee of the AIC Management Trainee Exam 2023 can be made through online payment by using Debit Cards (RuPay/VISA/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards or Mobile Wallets and UPI.

AIC Management Trainee Exam 2023: Selection Process

The 50 AIC Management Trainee Vacancies in the Generalist Discipline by the Agriculture Insurance Company of India Limited (AIC) announced on 16 January 2023 will be filled through the following stages mentioned below.

The selection process for the AIC Management Trainee Exam 2023 will consist of the following two stages:

  1. Online Examination
  2. Interview

The selection for the 50 AIC Management Trainee Vacancies in 2023 will be on the basis of the shortlisting of the candidates based on the AIC Management Trainee Online Examination which is scheduled to be held on 25 February 2023 and AIC Management Trainee Interview 2023.

Both exams will be conducted for a total of 200 marks.

The final merit list of the AIC Management Trainee Exam 2023 will be prepared in descending order of the consolidated marks secured by the candidates. Candidates who fall within the number of AIC Management Trainee Vacancies in the merit list shall be considered for appointment.

In case of similar marks of two or more candidates, the merit order of a such group of candidates shall be as per their additional post-graduation qualification, i.e. the person with the higher educational qualification will be placed higher in the merit order and in case of further similarity in educational qualification merit order will be decided on the basis of their age, i.e. senior in age will be placed higher in merit order.

AIC Management Trainee Exam 2023: Online Exam Pattern

Candidates interested in applying for the AIC Management Trainee Exam 2023 have to appear for the AIC Management Trainee Online Examination (Objective & Descriptive) 2023. This online examination will be conducted for a total of 150 marks. The duration of this online examination will be of 2.5 hours (150 minutes).

The AIC Management Trainee Online Examination 2023 will be held on 25 February 2023.

AIC Management Trainee Exam 2023: Online Examination Pattern

Name of the Test

Test Type

Maximum Marks

No. of Questions

Medium of Test

Duration

 

Test of Reasoning

Objective

35

35

English/Hindi

90 Minutes

 

Test of English Language

Objective

30

30

English (Only)

Test of General Awareness

Objective

20

20

English/Hindi

Test of Quantitative Aptitude & Computer Literacy

Objective

30

30

English/Hindi

Descriptive English Test — Essay, Precis & Comprehension

Descriptive

35

3

English (Only)

60 Minutes

Total

150

108

 

150 Minutes

The Descriptive Test of the AIC Management Trainee Online Examination 2023 will be conducted only through online mode.

There will be negative marks for the wrong answers. One-fourth of the allotted marks (in objective tests) will be deducted for each wrong answer. If a question is left blank, i.e. no answer is marked by the candidate, then there will be no penalty for that particular question.

AIC Management Trainee Exam 2023: Exam Centres

The following exam centres are provided in the AIC Management Trainee Exam 2023 Official Recruitment Notification as exam centres for the AIC Management Trainee Exam 2023 Online Examination.

The AIC Management Trainee Online Examination 2023 will be conducted online in exam centres as provided in the respective call letters of the candidates.

The choice of exam centre, once exercised by the candidate, will be final and no request for a change of exam centre for the AIC Management Trainee Exam 2023 will be entertained by the AIC.

AIC Management Trainee Exam 2023: Exam Centres

State/Union Territory/National Capital Region

Exam Centres

Andhra Pradesh

Vijaywada, Vishakhapatnam

Arunachal Pradesh

Itanagar/Naharlagon

Assam

Guwahati

Bihar

Patna

Chandigarh

Chandigarh/Mohali

Chhattisgarh

Raipur

Goa

Panaji/Madagaon

Gujarat

Ahmedabad/Gandhinagar, Vadodara

Haryana

Faridabad

Himachal Pradesh

Bilaspur

Jammu & Kashmir

Jammu, Samba

Jharkhand

Jamshedpur, Ranchi

Karnataka

Bengaluru, Gulbarga, Dharwad, Hubli, Mangalore

Kerala

Ernakulam/Kochi, Thiruvananthapuram

Madhya Pradesh

Bhopal, Indore

Maharashtra

Pune, Mumbai/NAvi Mumbai/Thane/Greater Mumbai, Nagpur

Meghalaya

Shillong

Mizoram

Aizwal

Nagaland

Kohima

New Delhi

Delhi/Delhi-NCR

Odisha

Bhubaneshwar, Berhampur

Puducherry

Puducherry

Punjab

Amritsar, Patiala

Rajasthan

Jaipur, Udaipur, Jodhpur

Tamil Nadu

Chennai, Coimbatore, Tiruchirappalli

Telangana

Hyderabad/Khammam

Tripura

Agartala

Uttar Pradesh

Prayagraj, Lucknow, Noida-Greater Noida, Gorahkpur

Uttrakhand

Dehradun, Roorkee

West Bengal

Asanol, Kolkata/Greater Kolkata, Siliguri

AIC Management Trainee Exam Notification : FAQS

  • Q.Is AIC Recruitment 2023 out?

    Ans: Yes, AIC Recruitment 2023 for the post of Management Trainee post is out for 50 vacancies. 

  • Q. When is the last date to apply for AIC Recruitment 2023?

    Ans: The last date to apply for AIC Recruitment 2023 is 5th February 2023.

  • Q. What is the application fee for AIC Recruitment 2023?

    Ans: The application fee for the AIC Management Trainee Exam 2023 is mentioned below in the table:

    Category

    Fee

    SC/ST/PwBD

    ₹ 200 (Intimation charges only)

    All other categories

    ₹ 1,000 (Application fee including intimation charges)

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