Banking, Finance & Insurance

The duration of SBI exam is different for different stages of selection. The duration of the prelims exam is one hour for SBI PO and Clerk exam. The duration of the mains exam is two hours for SBI Clerk exam and 3 hours 30 minutes for mains exam. There are also sectional timings in SBI exam.

The number of papers in SBI exam are different for different posts. SBI Clerk prelims exam carries three papers and total marks allotted to the test are 100. SBI Clerk mains exam carries four papers and carries a total of 200 marks. SBI PO prelims exam carries three papers. The total marks allotted to the prelims exam are 100. SBI PO mains exam carries both objective and descriptive tests. The total marks allotted to the test are 250.

SBI exam pattern is prescribed by the State Bank of India. SBI exam pattern is different for different posts. SBI Clerk exam pattern is such that it comprises prelims exam and mains exam. SBI PO exam pattern is such that it comprises prelims exam, mains exam, psychometric test, interview and group exercises. There is no interview for SBI Clerk posts. 

Here are some top General Insurance colleges that offer great placement opportunities to students:

Note: The information is sourced from the official/counselling body and may vary.

As a General Insurance student, you can opt for a variety of job roles in India under the Insurance, Banking, and Finance sectors. It is difficult to consider a single designation as the highest-paying as the salary package majorly depends on your employer, relevant experience, skills, location, etc. However, the average salary of a Regional Manager is INR 14.9 LPA in India.

The public sector General Insurance companies include New India Assurance Company Limited (NIA), United India Insurance Company Limited (UIL), Oriental Insurance Company Limited (OICL) and National Insurance Company Limited (NICL). These companies are an apt option for General Insurance students seeking employment in the government sector.

The insurance and reinsurance sectors in India are governed and licensed by the Insurance Regulatory and Development Authority of India (IRDAI), a statutory body. The Insurance Regulatory and Development Authority Act, of 1999 gave rise to the establishment of the IRDAI in 1999. The Government of India's Ministry of Finance is in charge of it. 

General Insurance is an agreement between a policyholder and insurer wherein the insurance company protects your valuable assets from fire, theft, burglary, or any other unfortunate accident. General insurance should be your priority as your assets may get damaged due to an accident or theft.

General Insurances provide cover to individuals against unforeseen or unexpected incidents such as accidents and natural calamities. Health insurance, car or motor insurance, home insurance, and travel insurance all come under this category.