- Strategies to cover subjects like Insurance, Finance, Management, and Economic Policies efficiently.
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To prepare for the domain-specific section of the IRDAI exam, you need a strategic approach that covers Insurance, Finance, Management, and Economic Policies effectively. Start by understanding the syllabus and prioritizing topics based on their weightage in previous exams. For Insurance, focus on IRDAI regulations, insurance principles, types of insurance (life, health, general), risk management, and financial aspects of insurance companies. Use IRDAI’s official website and annual reports for updated policies. In Finance, strengthen your basics in financial markets, banking structure, capital markets, and accounting principles, referring to books like Prasanna Chandra and Indian Financial System by Bharati Pathak. For Management, study organizational behavior, HRM, marketing strategies, leadership, and corporate governance, preferably from Stephen Robbins or Harold Koontz. In Economic Policies, focus on monetary & fiscal policies, economic reforms, budget, and RBI’s role, reading sources like Economic Survey and PIB reports. Use revision notes, mock tests, and previous papers to enhance recall and time management. Consistent practice and staying updated with current affairs related to finance and insurance will significantly boost your performance.
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