AssociateIC-46 · 2023 EditionRequired paper
General Insurance Accounts
Insurance Institute of India — Associate Examination
Compulsory for the General stream Associate. Covers insurance accounting, financial statements, and financial management.
✓19 chapters✓Chapter-wise practice tests✓1 full mock test (100 multiple choice questions · 2 hrs)✓Personalised study recommendations✓Subject tutor (available after purchase)
Individual module
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476verified practice questions
Across 19 chapters — every question reviewed and exam-aligned.
| Chapter | Chapter Name | Questions |
|---|---|---|
| 1 | Unit 1: Financial Accounting Meaning & Scope | 23 |
| 2 | Unit 2: Accounting Concepts, Principles & Convention | 25 |
| 3 | Unit 3: Accounting Standards - Objectives & Interpretation | 24 |
| 4 | Unit 4: Accounting Policies | 24 |
| 5 | Unit 5: Accounting Process | 25 |
| 6 | Unit 6: Accounting Methods, Procedures & Control | 25 |
| 7 | Unit 7: Depreciation Accounting | 26 |
| 8 | Unit 8: Bank Reconciliation Statement | 25 |
| 9 | Unit 9: Company Accounts (Companies Act 2013) | 27 |
| 10 | Unit 10: General Insurance Accounting Process & Techniques | 26 |
| 11 | Unit 11: Insurance Accounting Regulations | 27 |
| 12 | Unit 12: Preparation & Presentation of Financial Statements | 26 |
| 13 | Unit 13: Reinsurance Accounting | 25 |
| 14 | Unit 14: IRDAI Investment Regulations 2016 | 26 |
| 15 | Unit 15: Investment Accounting | 24 |
| 16 | Unit 16: Annual Reports (Companies Act 2013) | 24 |
| 17 | Unit 17: Statutory Audit in General Insurance | 25 |
| 18 | Unit 18: Internal Audit in General Insurance | 24 |
| 19 | Unit 19: Goods & Services Tax (GST) | 25 |
1 Mock Test
•100 random questions
•120 minutes
•Fresh questions every attempt
Draws from all 476 questions across every chapter, so no two attempts are the same.
Chapters in this module
1. Unit 1: Financial Accounting Meaning & Scope • 23 MCQs
2. Unit 2: Accounting Concepts, Principles & Convention • 25 MCQs
3. Unit 3: Accounting Standards - Objectives & Interpretation • 24 MCQs
4. Unit 4: Accounting Policies • 24 MCQs
5. Unit 5: Accounting Process • 25 MCQs
6. Unit 6: Accounting Methods, Procedures & Control • 25 MCQs
7. Unit 7: Depreciation Accounting • 26 MCQs
8. Unit 8: Bank Reconciliation Statement • 25 MCQs
9. Unit 9: Company Accounts (Companies Act 2013) • 27 MCQs
10. Unit 10: General Insurance Accounting Process & Techniques • 26 MCQs
11. Unit 11: Insurance Accounting Regulations • 27 MCQs
12. Unit 12: Preparation & Presentation of Financial Statements • 26 MCQs
13. Unit 13: Reinsurance Accounting • 25 MCQs
14. Unit 14: IRDAI Investment Regulations 2016 • 26 MCQs
15. Unit 15: Investment Accounting • 24 MCQs
16. Unit 16: Annual Reports (Companies Act 2013) • 24 MCQs
17. Unit 17: Statutory Audit in General Insurance • 25 MCQs
18. Unit 18: Internal Audit in General Insurance • 24 MCQs
19. Unit 19: Goods & Services Tax (GST) • 25 MCQs
Exam-preparation material only. InsuranceGurukul does not sell insurance or financial products.