About GIPSA Promotion Exam
The GIPSA Promotion Exam is an internal competitive examination conducted by the General Insurers Public Sector Association (GIPSA) for officers in public sector general insurance companies in India. This exam facilitates promotions from Scale I to higher scales under the Fast Track Channel as per the Promotion Policy for Officers.
ushadeep.com
modelexam.in
Scribd
iexamworld.com
Key Features
-
Eligibility: Officers in Scale I to IV of GIPSA member companies
whitehillspublications.co.in Ambitious Baba
-
Exam Structure:
- Mode: Online
- Duration: 2.5 hours
- Format: Objective-type multiple-choice questions
- Sections: Seven departments, choose any four
- Questions: 25 per section (100 total)
- Scoring: +1 for correct, -1/3 for incorrect
- Qualifying Marks: 60%.
iexamworld.com on-app.in course.ambitiousbaba.com
Departments Covered
Fire & Engineering Insurance
Marine & Aviation Insurance
Motor Insurance
Miscellaneous Insurance
Reinsurance
Finance
Human Resources
Ambitious Baba
on-app.in
vimasmiham.com
InsuranceGurukul.com
Promotion Criteria
- Fast Track Promotions: 40% of vacancies in each scale are earmarked for fast track promotions. Candidates must be Associates or Fellows and meet the qualifying marks.
- Extended Eligibility: Qualified candidates remain eligible for consideration for the next three years for 25% of vacancies.
InsuranceGurukul.com
ushadeep.com
on-app.in
Additional Considerations
The exam assesses:
- Functional and technical knowledge
- Legal and regulatory aspects
- Job skills proficiency
- Reasoning ability
Weightage for HR-related questions increases with higher cadres.
ushadeep.com
on-app.in
Scribd
Preparation Resources
Platforms offering GIPSA exam materials:
- Ambitious Baba - Comprehensive courses and mock tests
- Usha Deep Academy - Practice tests and study materials
- White Hills Publications - Reference books and guides
Note: These are third-party resources not affiliated with NRM InsuranceOnline.