Licentiate is an online exam & it is a bit higher level than the IRDA agents’ exam. For a person working in insurance sector, it should be simple.
Licentiate exams containing 3 papers which are MCQ type question pattern.
If u study well and understand the concepts it would be very easy to pass.
Passing marks is 60. After finishing the exam your result appears on your screen.
There is no negative marking.