Q. Who is the Chairman and MD of ECGC Ltd.
✅ Correct Answer: (B)
Geetha Muralidhar
General Insurance MCQs and Notes
Q. The sole national re-insurer of India, General Insurance Corporation of India (GIC Re) has its headquarter at
✅ Correct Answer: (B)
Mumbai
Q. How many public sector non life insurance companies are there in India?
✅ Correct Answer: (D)
6
Q. The General Insurance Corporation of India (GIC) was notified as the Indian Reinsurer in which year?
✅ Correct Answer: (D)
2000
Q. An insurance product that pays out income to the holder at specified intervals usually after retirement is known as
✅ Correct Answer: (B)
Annuity
Q. The National Insurance Company Limited is a type of insurance company
✅ Correct Answer: (A)
General Insurance
Q. The National Insurance Academy is located in which city?
✅ Correct Answer: (C)
Pune
Q. The Indian Insurance Companies Act was enacted in which year?
✅ Correct Answer: (B)
1928
Q. The Indian Life Assurance Companies Act was passed in which year to regulate life insurance business in India?
✅ Correct Answer: (C)
1912
Q. Bombay Mutual Life Assurance Society was the first life insurance company in India to insure Indian lives. It was set up in which year?
✅ Correct Answer: (D)
1870