Agriculture Insurance Company of India Limited (AIC) has been formed under the aegis of the Government of India and promoted by 6 Public Sector Companies as a specialty Crop Insurance provider to the Indian farming community. AIC was incorporated on 20th December 2002 with an Authorized Share Capital of INR 1500 crore and a Paid-up Capital of INR 200 crore. AIC commenced business operations from 1st April 2003, by taking over Crop Insurance operations from its major Promoter, General Insurance Corporation of India Ltd. AIC is a specialty and one of the largest Crop Insurance Company in the Indian non-life Insurance Sector, having market share of about 50% in Crop Insurance and aiming to cover the huge protection gap lying uninsured with respect to other risks related to agriculture and allied activities of the farmers.
AIC invites applications from Indian Citizens for recruitment of 40* (Forty) MANAGEMENT TRAINEES in the discipline of (1) Rural Management (2) Legal. Please Note the Important Dates:
Online Registration & payment of fees :22.03.2023 to 06.04.2023 (both dates inclusive, from 08.00 hrs of 22.03.2023 to 20.00 hrs on 06.04.2023)
Date of Online Examination: April/May 2023
Emoluments & benefits: The selected candidates would be paid a consolidated pay of Rs. 60,000/- p.m. for the one year of training.
5. Education Qualification (as on 01.03.2023) Candidate must possess the minimum qualification as listed in the table below from a recognized University or any equivalent qualification recognized as such by Central Government. Candidates should possess certificate in proof of passing the qualifying examination as on 01.03.2023 and have to ensure the following : 1. Educational qualification should be from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory Bodies and the result should have been declared on or before 01.03.2023
2. The candidate must possess valid mark-sheet/Degree Certificate of the necessary qualification as on 01.03.2023
3. Percentage marks shall be arrived at by dividing the total marks obtained by the candidate in all the subjects in all the semester(s)/ year(s) by aggregate maximum marks in all the subjects irrespective of Honours / optional / additional optional subject, if any. This will be applicable for those Universities also where class / grade is decided on basis of Honours marks only. The fraction of percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60% and the fraction of percentage so arrived i.e. 54.99% will treated as less than 55%.
4. Where CGPA/OGPA are awarded, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating the norms of the University regarding conversion of grade into percentage and the percentage of marks scored by the candidate in terms of norms.
Qualification:
Graduation in Agriculture Marketing/ Agriculture Marketing & Cooperation/ Agriculture Business Management/ Rural Management with a minimum of 60% marks (SC/ST - 55%) in aggregate from University / Institution recognized by the Govt. of India/Govt. Bodies/AICTE
Read official notification before apply:
visit:https://www.aicofindia.com/
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