AssociateIC-89 · 2025 Edition
Management Accounting
Insurance Institute of India: Associate Examination
Covers financial management and financial statements, ratio analysis, budgeting and budgetary control, fund flow and cash flow statements, insurance company investments and IRDA regulations, the Indian capital market, mutual funds and AIFs, capital budgeting (NPV/IRR), international financial management, MIS, disclosure norms, portfolio management, the foreign exchange market and financial risk management and derivatives.
✓15 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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450verified practice questions
Across 15 chapters, every question reviewed and exam-aligned.
| Chapter | Chapter Name | Questions |
|---|---|---|
| 1 | Introduction to Financial Management | 30 |
| 2 | Preparation and Presentation of Financial Statements | 30 |
| 3 | Financial Statements Analysis and Ratio Analysis | 30 |
| 4 | Budget and Budgetary Control | 30 |
| 5 | Fund Flow and Cash Flow Statements | 30 |
| 6 | Investment of Insurance Companies and IRDA Regulations | 30 |
| 7 | Indian Capital Market | 30 |
| 8 | Mutual Funds, Venture Capital, Life Insurance Policies and AIFs | 30 |
| 9 | Capital Budgeting | 30 |
| 10 | International Financial Management | 30 |
| 11 | Management Information System | 30 |
| 12 | Disclosure Norms for Life and Non-life Insurance Companies | 30 |
| 13 | Portfolio Management | 30 |
| 14 | Foreign Exchange Market and Management of Exchange Rate | 30 |
| 15 | Financial Risk Management and Derivatives | 30 |
1 Mock Test
•100 random questions
•120 minutes
•Fresh questions every attempt
Draws from all 450 questions across every chapter, so no two attempts are the same.
Chapters in this module
1. Introduction to Financial Management • 30 MCQs
2. Preparation and Presentation of Financial Statements • 30 MCQs
3. Financial Statements Analysis and Ratio Analysis • 30 MCQs
4. Budget and Budgetary Control • 30 MCQs
5. Fund Flow and Cash Flow Statements • 30 MCQs
6. Investment of Insurance Companies and IRDA Regulations • 30 MCQs
7. Indian Capital Market • 30 MCQs
8. Mutual Funds, Venture Capital, Life Insurance Policies and AIFs • 30 MCQs
9. Capital Budgeting • 30 MCQs
10. International Financial Management • 30 MCQs
11. Management Information System • 30 MCQs
12. Disclosure Norms for Life and Non-life Insurance Companies • 30 MCQs
13. Portfolio Management • 30 MCQs
14. Foreign Exchange Market and Management of Exchange Rate • 30 MCQs
15. Financial Risk Management and Derivatives • 30 MCQs
Exam-preparation material only. InsuranceGurukul does not sell insurance or financial products.