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Home
Questions & Answers
Insurance Questions
Insurance Questions & Answers
(Compiled from previous question papers)
Insurance
Latest Insurance Questions & Answers
When was the Insurance Regulatory and Development Authority constituted?
A
1938
B
1971
C
1993
D
1999
When was the General Insurance Corporation of India incorporated?
A
1971
B
1972
C
1973
D
1993
When was general insurance business nationalised?
A
1938
B
1971
C
1973
D
1993
When was the Export Credit Guarantee Corporation of India established?
A
1938
B
1957
C
1973
D
1971
E
F
ANSWER: 1957
On 30 July 1957, Export Credit Guarantee Corporation of India Ltd. ( ECGC ) was established. It provides export credit insurance facilities to exporters and banks in India. It functions under the administrative control of Ministry of Commerce & Industry.
When was the General Insurance Council formed?
A
1973
B
1957
C
1938
D
1971
When was the Indian Mercantile Insurance established?
A
1973
B
1957
C
1938
D
1907
When was Triton Insurance Company Ltd established?
A
1938
B
1907
C
1850
D
1834
When was Life Insurance sector nationalised?
A
1956
B
1907
C
1938
D
1834
When was the Oriental Life Insurance Company established?
A
1938
B
1907
C
1834
D
1818
Which one of the following does not belong to the major general insurance private sector companies in India?
A
The Oriental Insurace Company
B
Royal Sundaram Alliance Insurance
C
Reliance General Insurance
D
Bajaj Allianz General Insurance
Which one of the following does not belong to the main products of life insurance?
A
Whole life
B
Term
C
Personal accident insurance
D
Endowment
When did insurance begin in Babylon?
A
B
C
The Babylonians developed a system which was recorded in the Code of Hammurabi.
D
E
ANSWER: 1750 BC
F
2000 BC
1971 BC
1907 BC
1750 BC
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