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Topic Insurance sector
Asked 2 times across 2 UPSC exams over 17 years (2006–2023), peaking in 2006.
Key insights
- Most tested in CSE — 1 of 2 PYQs
- Most asked in 2006
- Recurs across 2 years (2006–2023)
How it travelled across exams
First appearance in each exam — the same idea, reframed.
CSE 2006 → CBI 2023
How the concept evolved
Long-running — most appearances (1 of 2) predate 2016, and it still returns.
Related concepts
Ideas UPSC tests alongside this one — keep exploring.
Sample questions
You've seen the pattern — here are a few of the actual PYQs.
CBI2023
Insurance penetration is measured as
- A the ratio of insurance premium to population
- B the percentage of insurance premium to GDP ✓
- C the percentage of insurance premium to per capita income
- D the ratio of insurance premium to market capitalization
✓ Correct answer: (B)
Economy › Money/Banking/Finance
CSE2006
Consider the following statements
- Life Insurance Corporation of India is the oldest insurance company in India
- National Insurance Company Limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India
- Headquarters of United India Insurance Company Limited are located at Chennai
Which of the statements given above are correct?
- A 1, 2 and 3
- B 1 and 2 only
- C 2 and 3 only ✓
- D 1 and 3 only
✓ Correct answer: (C)
Economy › Money/Banking/Finance
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