Insurance

Every Insurance attribute, distilled.

Insurance is an important topic in General Studies for competitive exam aspirants. This guide gives you a clear, exam-focused explanation of Insurance, shows how it is typically asked, and pairs it with solved practice questions so you can learn the approach and test yourself right away. Work through the questions below to build speed and accuracy.

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Every Insurance question below is pulled live from the test bank. Open any question for the full step-by-step solution and shortcut.

Questions

30

Solutions

All inline

Q1Insurance works on which principle?MediumSolve →Q2Which type of insurance does NOT come under the principle of indemnity?MediumSolve →Q3IRDAI was established in which year?MediumSolve →Q4The Life Insurance Corporation of India (LIC) was established inMediumSolve →Q5The maximum stake foreign investors can hold in Indian insurance companies (as per 2021 amendment) isMediumSolve →Q6The oldest type of insurance in the world isMediumSolve →Q7Which insurance principle states that the insured must have a legal right in the subject matter?MediumSolve →Q8In insurance, “Uberrimae fidei” refers toMediumSolve →Q9Which type of insurance is compulsory for motor vehicles in India?MediumSolve →Q10General insurance includes all EXCEPTMediumSolve →

Every Insurance attribute, distilled.

Test yourself on Insurance

Solve. Pattern-spot. Repeat - question by question.

Crack Insurance with a structured plan.

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