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To help out finance ppl..I'm tryin to put in all the prep i hv made for insurance at 1 place. I dint find 1 whn i wanted.
For written test:
- final accounts basics
- sch vi
- fundamental accounting principles n policies
- accounting stds brush up
- budget highlights
- accounting ratios
- costing basics
- Law n auditing,if u hv time go thru fundas

For interview :
- insurance company accounts in depth especially sch 2
- ifrs n accounting standards
- accounting principles n policies
List of interview questions asked:
- y do we need tax
- y don't gulf countries rely on tax
- recent change in accts..intro of ifrs
- accumulated losses in b/s
- tax exemption limits
- gst n y r some states opposing it
- deals signed by obama during his visit to india on jan26
- cm of delhi
- AAP manifesto
- agri loan waiver in AP.y is rbi governor opposing it
- sec 80c
- func of banks
- dd n cheque
- changes in monetary policy
- banking sys in India
- uiicl functioning
- highlights of budget 2015
- accounts prepared by insurance companies
- difference gross receipts n net receipts
- accounting standard n policies followed by insurance companies
- insurable interest
- minister of state for finance
Apart from these some personal questions. For descriptive, i chose the topics related to insurance.
My approach to Time Management :
Divide the total time depending on total marks.. Start from reasoning then QA n English n Finance n GA..after expiry of time for reasoning.. leave it n go to qa so that u cn attempt all sections..in english leave the passage..attempt it later if u hv tym.
For English, i started speaking in English @ home to improve my sentence construction n wren n martin which i hv for guidance.
Hope this post will b useful. Thank you gr8 team...atb 2 all
Hema Florence
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