10 days Study Plan and Strategy to crack LIC HFL Assistant Manager/Assistant Exam 2017

By BYJU'S Exam Prep

Updated on: September 25th, 2023

LIC Housing Finance Limited is going to conduct the online exams for Assistant Manager and Assistant posts on 10th October and 12th October respectively. With just 10-12

days left for the important exam, it is high time to kick-start your preparations. We are sharing here 10 days study plan and section wise strategy to step up your exam preparation in the best way possible.


Exam Pattern for LIC HFL Assistant Manager/Assistant exam 2017 :

Although the exam will be conducted separately for both the posts, the exam pattern for LIC HFL Assistant Manager and Assistant is same. Both exams will follow an objective test comprising of 4 sections as depicted in below table :

S. No.

Name of Test

Number of Questions

Maximum marks

Sectional time allotted


Numerical Ability



35 minutes


Logical Reasoning



35 minutes


English Language



35 minutes


General Awareness



15 minutes



200 Questions

200 Marks

 120 Minutes

10 Days Study Plan for LIC HFL Assistant Manager/Assistant exam:

Despite having similar exam pattern, the exams will differ in level. For Assistant Manager exam , candidates are advised to practice Moderate- higher level questions while in Assistant exam, easy- Moderate level questions will be asked.


Numerical Ability

Logical Reasoning

English Language

General Awareness

Day 1

  • Ratio and Proportion
  • Averages
  • Percentages

Inequality (Coded as well as Direct)

Cloze Test

Static Gk

Day 2

Data Interpretation (Pie, Line, Tabular, Bar etc.)

Coding – Decoding (Alphabet, Number as well as sentence coding)

Reading Comprehension

Current Affairs

Day 3

  • Number Series
  • Profit, Loss and Discount

Syllogism (Direct as well as possibility cases based)

Para Jumbles

Insurance Awareness

Day 4

  • Time, Work and Wages
  • Pipes and Cisterns

Seating Arrangement (Circular, square and Linear)

Reading Comprehension

Banking and Financial Awareness Awareness

Day 5

  • Simplification/ Approximation
  • Mixture and Alligations

Puzzles and Tabulation

Error Spotting

Static Gk

Day 6

Data Interpretation (Pie, Line, Tabular, Bar etc.)

Alphanumeric series

Ranking and Arrangement

Sentence Improvement

Banking  and Insurance Abbreviations

Day 7

  • Quadratic Equations (Quadratic equations are generally not asked in Assistant exam, so you avoid quadratic equations for practice, if you are going to appear for Assistant exam only, But be familiar with its concepts very well)
  • Time, Speed and Distance

Seating Arrangement (Circular, square and Linear)

Fill in the Blanks (Single, Double, Sentence Fillers)

Financial Terminology (Insurance and Banking)

Day 8

  • Simple and Compound Interest
  • Permutation and Combination
  • Probability

Blood Relations

Direction based questions

Para Completion

Current Affairs

Day 9

Mock Tests & Quizzes

Day 10

Section-wise Strategy :

1) Numerical Ability :

  • Numerical Ability is a major and a highly scoring topic which is a test of Knowledge of concepts and accuracy in mathematical calculations.
  • To Score more focus on the less time-consuming topics such as Data Interpretation (Tabular, Line Graph, Bar Graph, etc), Number Series, Simplification / Approximation, Quadratic Equations.
  • For the LIC HFL assistant exam, Simplification and approximation questions have the maximum importance. Other important topics for the LIC HFL Assistant exam are Number series And Data Interpretation and Miscellaneous questions from Arithmetic topics.
  • For LIC HFL assistant manager exam, Data Interpretation carries the maximum marks. The topics Simplification/Approximation, Quadratic Equation, Number series as well as Miscellaneous Language(Arithmetic) questions have a good contribution in the exam.  
  • Give sectional test daily and do analyze them to check your performance. Also, make sure that you won’t repeat those mistakes again.

2) Logical Reasoning :

  • This Section is a scoring section as you don’t need to mug up anything. If you are good at the basics then you can easily score good marks in this section.
  • The Scoring part of this section is sets of questions. A single solved theme can be applicable for numerous questions like puzzles and seating arrangement.
  • To Increase your score do attempt the Syllogism, Blood relations, Coding-Decoding, Inequality first to save your time for Puzzles & Seating Arrangement.
  • Practice time management strictly in Puzzle and seating arrangement questions.If it is taking much time in solving then better leave it or Keep them to solve at last after solving other topics. 
  • Attempt sectional test on a regular basis and analyze your performance.

3) English Language :

  • This section is mainly concentrated on 2 parts – Vocabulary and Grammar. You should have a proper understanding of the grammar rules, which will help you in a number of topics.
  • Attempt Cloze Test, Spotting Errors, Sentence Correction / Improvement first as they are less time-consuming.
  • For LIC HFL assistant exam, you can expect a story based reading comprehension which is generally easy and answers are easily detectable, so never forget to attempt it.
  • In LIC HFL assistant manager exam, the reading comprehension can be from topics of Global Importance such as Economy, Education, Housing etc. Attempt its vocab based question first then try to attempt other questions at last because finding answers from passage may take much time. 

4) General Awareness :

  • Follow current affairs properly. You should read or watch the news on daily basis. Prepare notes by noting down highlights of important current affairs. Focus mainly on the important national news. In international news, you should focus on that news which is related to or which is affecting India by any means.
  • For banking awareness, focus on news of banking, finance and economy sections. In banking awareness, must study Banking history, Nationalization of banks, All about RBI, Types of Accounts, Types of cheques. Type of Markets, Working of important national and international organizations.
  • For Insurance Awareness , Go through the Basic Principles of Insurance, Co- insurance , Insured responsible for Loss Minimization , Types of Life insurance policies etc , detailed knowledge about LIfe Insurance corporation.
  • For Static GK,  cover Headquarters of National & international organizations, Capital and currency, River and National parks in India, Power projects in India, Stadiums in India, CM & governors of states and their constituency.
  • Go through Daily GK updates, Quick Look on Financial Awareness notes and Static GK notes to ace this section in exam smartly. Going through these posts will save your time in covering the vast syllabus of General Awareness and will make you acquainted with important news from the exam perspective.

Important points to keep in mind :

1) Time Allotment is the important aspect of the exam. It is significant in both study plan as well as in exam. Give proper time to each topic & revise properly, same in the exam time do set your mind to complete the section in the time limit if not then leave it & move on to the next section.

2) In these last 10 days do not pick any new book/study material as it may baffle you. Read your own notes & study material you already have.

3)Giving mock test is most important part of your preparation. At least give one full length mock test on every 3 days . Analysis of mock tests is very important. Analyze your strong and weak points. Sharpen your strong areas and work on your weak points accordingly.

4)Keep on analyzing your level of preparation time to time. Do not just study without accessing your level of preparation. Mock test are the tools to help you in this. See how much you are improving in particular topics . Maintain a proper strategy and keep working on this.

5) Keep the last 2 days to relax your mind & recall all you have learnt. As it helps to memorize it longer. Also, practice shortcuts to save your time in the examination hall.

To help you in the best way for LIC HFL Assistant Manager/Assistant exams , gradeup has come up with updated pattern test series for the LIC HFL Assistant Manager and Assistant Test Series. Do try out these to score well in the exam! 

All the best for your exam,

Team gradeup.


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