Free online practice test
Insurance and Financial Market Awareness Sectional Test 1
LIC AAO · Life Insurance Corporation of India: Assistant Administrative Officer (Generalist)
Syllabus-checked original practice
Mapped to the official Mains syllabus and answer-checked on 27 August 2026.
View official syllabus sourceBefore you begin
- 1This sectional test contains 30 original Insurance and Financial Market Awareness questions.
- 2Each wrong answer deducts marks using the scoring rule shown above. Unattempted questions score zero.
- 3You can mark a question for review and come back to it later using the question palette.
- 4The timer starts as soon as you click "Start test" and the test auto-submits when time runs out.
- 5You can review your answers and explanations for every question immediately after submitting.
About this LIC AAO Insurance and Financial Market Awareness sectional test
This sectional test isolates Insurance and Financial Market Awareness from the LIC AAO Mains pattern, so you can drill it on its own instead of only meeting it inside the full mock. It draws 30 original practice questions across 6 distinct topics, syllabus-checked the same as our full mocks.
Topics covered
Financial markets basics
6 questions
Insurance terminology
6 questions
Types of insurance policies
6 questions
Banking-insurance interface
5 questions
IRDAI
4 questions
LIC history and structure
3 questions
Scoring and result analysis
Correct answers earn 2 marks and wrong answers deduct 0 marks. Unattempted questions score zero. This section's 30 questions are difficulty-tagged: 2 easy, 28 medium. After submitting, you receive topic-wise accuracy, time spent, answer explanations, and source links.
Frequently asked questions
Is this an official LIC AAO question paper?
No. It's an independent practice test with original Insurance and Financial Market Awareness questions, mapped to the official LIC AAO Mains syllabus and answer-checked on 27 August 2026.
How many questions are in this Insurance and Financial Market Awareness sectional test, and how long is it?
30 questions in 20 minutes.
Which topics does this test focus on?
It spans 6 topics, with the heaviest coverage on Financial markets basics, Insurance terminology, and Types of insurance policies.
Is there negative marking in this test?
No. This section carries no negative marking, so a wrong answer costs nothing beyond the mark you missed.