2026 ELITE CERTIFICATION PROTOCOL
Mastery: LIC ADO Practice Test 2026 | Exam Prep
Timed mock exams, detailed analytics, and practice drills for Mastery: LIC ADO.
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Q1Domain Verified
In the context of the "Industry Foundation" module for LIC ADO Prelims, a policyholder pays a quarterly premium of ₹5,000 at the start of each quarter. If the annual premium is calculated assuming the money is paid at the beginning of the year, what is the approximate annual premium equivalent, considering a simple discount rate of 8% per annum for early payment?
₹19,231
₹19,600
₹20,000
₹19,800
Q2Domain Verified
The "Industry Foundation" hub emphasizes understanding surrender value. A policy with a sum assured of ₹10,00,000 has a paid-up value calculated after 8 years of a 20-year term with an annual premium of ₹50,000. If the surrender value factor provided by LIC after 8 years is 30%, what is the approximate surrender value the policyholder will receive? (Assume bonuses are not applicable).
₹4,00,000
₹2,00,000
₹60,000
₹1,20,000
Q3Domain Verified
asks for the surrender value. Question: Based on the compound interest principles vital for the "Quantitative Aptitude Mastery Hub," if LIC declares a compound annual growth rate (CAGR) of 12% on a certain fund, how many years (approximately) will it take for an investment in that fund to triple? (Use logarithms as required: log 3 ≈ 0.4771, log 1.12 ≈ 0.0492).
10 years
9.5 years
8 years
12 years
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This domain protocol is rigorously covered in our 2026 Elite Framework. Every mock reflects direct alignment with the official assessment criteria to eliminate performance gaps.
This domain protocol is rigorously covered in our 2026 Elite Framework. Every mock reflects direct alignment with the official assessment criteria to eliminate performance gaps.
This domain protocol is rigorously covered in our 2026 Elite Framework. Every mock reflects direct alignment with the official assessment criteria to eliminate performance gaps.
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