What is IC-83?
IC-83 (Group Insurance & Retirement Benefit Scheme) is an optional Optional-level examination offered by the Insurance Institute of India (III). Group insurance and retirement benefits — group schemes, gratuity, superannuation and pension products.
How many questions are in the IC-83 exam?
The IC-83 exam has 100 MCQs to be answered in 120 minutes (2 hours). All questions must be attempted — there is no negative marking.
What is the pass mark for IC-83?
You need to score at least 60% to pass IC-83. Scoring 75% or above earns a Distinction grade.
How many credit points does IC-83 carry?
IC-83 carries 30 credit points. These count toward your III certification — 60 credits for Licentiate, 250 for Associateship, 490 for Fellowship.