Insurance Awareness Questions Set 10 (Institutes in India)

Important Insurance Awareness Questions and Answers for NICL, NIACL, LIC and other competitive exams. Insurance Institutes in India.

  1. Where is Insurance Institute of India located?
    A) Patna
    B) Hyderabad
    C) Bengaluru

    D) Mumbai
    View Answer
    Option D
    Some Extra:
    The Insurance Institute of India is an insurance education society of professionals established in 1955 in Mumbai for the purpose of imparting insurance education to persons engaged or interested in insurance.
  2. Where is National Insurance Academy located?
    A) Pune
    B) Hyderabad
    C) New Delhi

    D) Mumbai
    View Answer
    Option A
    Some Extra:
    National Insurance Academy (NIA) is a premier institution devoted to equip the insurance industry with the best of talents giving training, education, research and consultancy activities.
    NIA was established in 1980 jointlyon 16th December, 1980 in Mumbai to be the institute of excellence in learning and research in Insurance, Pension and allied areas.
    The Academy was shifted to Pune on 4th June, 1990 with the state-of-the-art facilities for learning and research.
  3. Where is Indian Institute of Banking and Finance (IIBF) located?
    A) Pune
    B) Mumbai
    C) Bengaluru

    D) Jaipur
    View Answer
    Option B
    Some Extra:
    The Indian Institute of Banking and Finance (IIBF) is India’s premier institute in banking and finance education, aiming for professional excellence.
    With its membership of over 700 banks and financial institutions as institutional members and about 300000 of their employees as individual members, IIBF is the largest Institute of its kind in the world
  4. Where is Institute Of Insurance and Risk Management located?
    A) Hyderabad
    B) Mumbai
    C) Pune
    D) Jaipur
    View Answer
    Option A
    Some Extra:
    IIRM is the only dedicated Institution for education in Insurance and Actuarial Science in the World. It is unique in character as the Institute is promoted by the Regulator with the sole aim of developing the required work force for the entire Insurance sector. 
  5. Where is Assert Institute of Management Studies located?
    A) Hyderabad

    B) Mumbai
    C) Patna
    D) Jaipur
    View Answer
    Option C
  6. Where is National Centre for Insurance Learning located?
    A) Kolkata

    B) Mumbai
    C) Patna
    D) Jaipur
    View Answer
    Option A
  7. Where is National School of Insurance Education & Research located?
    A) Hyderabad

    B) Mumbai
    C) Bengaluru
    D) Jaipur
    View Answer
    Option C
  8. Where is New India Assurance Co. Ltd., Corporate Training College located?
    A) Hyderabad

    B) Mumbai
    C) Patna
    D) Jaipur
    View Answer
    Option B
  9. Where is Institute of Insurance and Financial Sciences Education, Research & Training located?
    A) Bengaluru
    B) Mumbai
    C) Pune
    D) Jaipur
    View Answer
    Option C
  10. Where is Academy of Insurance Education and Training located?
    A) Hyderabad
    B) Mumbai
    C) Patna
    D) Jaipur
    View Answer
    Option D

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