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Capital Market, SEBI and Insurance – GK Quiz with Answers – Level 3

Advanced GK on India's capital market, SEBI's history and functions, money market instruments, dematerialisation and the principles of insurance, with an explanation for every answer.

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Questions, answer key and solutions.

Questions
50
Duration
35 min
Marks
50

Negative marking

Attempts
100
Access
Free
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Normal practice, or a Simulated test

Both use the same questions. Normal practice is untimed and needs no account: choose an option and the answer and solution appear at once. The Simulated test is the real computer-based format, with one 35-minute clock, a question palette and full screen, and your score, the key and the solutions arrive when you submit.

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How the two modes differ
No account needed

Normal

Untimed

Every question on one page, loading as you scroll. Choose an option and see straight away whether it was right.

  • No timer. Nothing to start and nothing to submit. Stop whenever you like.
  • Answered as you choose. Tap an option and it is marked at once, with the correct answer shown.
  • Solutions in place. The explanation, and the video where one has been added, sit under the question.
  • Open to guests. Normal practice needs no sign-in.
Real exam conditions

Simulated

Timed CBT

The computer-based test format: one clock, a question palette, and a score the moment you submit.

  • A clock that does not pause. 35 minutes from the moment you begin, and the paper is submitted for you when it reaches zero.
  • Question palette. Answered, not answered and marked for review, section by section, as the real interface has it.
  • Full screen, proctored. The test takes over the screen; leaving it three times submits the paper.
  • Answers hidden until you submit. The key, the explanations and your score all arrive together at the end.

About this test

Capital Market, SEBI and Insurance GK Questions for Level 3 Practice

This Level 3 GK quiz tests India's capital market, the Securities and Exchange Board of India and the principles of insurance through statement-based, match-the-list and chronology questions. It covers stock exchange history, money market instruments, dematerialisation and SEBI's functions. Aptitude360 explains every answer so you can close gaps in Indian Economy topics.

Topics covered in this SEBI and capital market set

  • Financial market structure and the split between money market and capital market
  • Money market instruments such as treasury bills, call money and commercial paper
  • Primary (new issue) market versus secondary market, shares and debentures
  • History of Indian stock exchanges, from the Native Share and Stock Brokers Association to NSE
  • SEBI's origin, statutory status and regulatory, protective and developmental functions
  • Dematerialisation, demat accounts and depositories such as NSDL and CDSL
  • Principles and types of insurance: life, fire and marine

Key concepts to revise for capital market and insurance GK

  • Fire and marine insurance are contracts of indemnity; life insurance is not
  • The seven principles of insurance and situations that illustrate each
  • Bullish versus bearish phases of market sentiment
  • Why a demat account is opened with a depository participant, which acts for a depository, and not with a stock exchange

Revision tips for Indian Economy GK on markets and insurance

  • Keep one timeline of capital market milestones for chronology and pair questions
  • Note one real-life example beside each insurance principle
  • Sort instruments by maturity before revising their issuers

Who this Level 3 set suits

General Awareness aspirants who know Indian Economy basics and want harder statement and match-type practice on markets, SEBI and insurance.

FAQs about Capital Market, SEBI and Insurance – GK Quiz with Answers – Level 3

What are the seven principles of insurance?
The seven principles are utmost good faith, insurable interest, indemnity, contribution, subrogation, mitigation of loss and causa proxima (proximate cause). They govern different aspects of insurance contracts and claims, and not every principle applies to every policy; indemnity, for example, does not apply to life insurance.
When did SEBI get statutory status?
SEBI was set up in 1988 as a non-statutory body and received statutory powers in 1992, first through an ordinance and then under the SEBI Act, 1992.
What is the difference between the primary market and the secondary market?
In the primary market, also called the new issue market, a company sells new securities directly to investors to raise fresh funds. In the secondary market, existing securities are traded between investors on stock exchanges.
What are the functions of SEBI?
SEBI's functions fall into three groups: regulatory, protective and developmental. They include registering brokers and mutual funds, protecting investors from unfair trade practices and promoting investor education and market growth.

Test structure

How the paper is split, and how long each part runs. A section you have finished cannot be returned to.

SectionQuestionsTime
Capital Market, SEBI and Insurance GK Level 35035 min

Marking & rules

Total marks
50 across 50 questions.
Negative marking
A wrong answer costs marks. Leaving a question unanswered costs nothing.
Attempts
100 in total. An attempt is spent the moment you begin one.

What you get when you submit

The analysis is ready the moment you submit the paper.

Score and accuracy

Marks, percentage, right, wrong and skipped, and the time you took.

Section by section

The same figures for each section, so a weak one cannot hide in an average.

The full answer key

Every question with your answer, the right one, the working, and the video where there is one.

Where you stand

Your score against the spread of everyone else who has sat this test.

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