What is IC-99?
IC-99 (Asset Management) is an optional Optional-level examination offered by the Insurance Institute of India (III). Asset management — investment principles, asset classes, portfolio construction and asset-liability management.
How many questions are in the IC-99 exam?
The IC-99 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-99?
You need to score at least 60% to pass IC-99. Scoring 75% or above earns a Distinction grade.
How many credit points does IC-99 carry?
IC-99 carries 30 credit points. These count toward your III certification — 60 credits for Licentiate, 250 for Associateship, 490 for Fellowship.