Free Practice Questions for RBSE Prav Voc BFSI

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Key Facts: RBSE Prav Voc BFSI Exam

113

RBSE subject code for Banking, Financial Services and Insurance

RBSE 2026 subject-wise statistics

Theory 80 + Sessional 20

Typical full marks / assessment pattern

RBSE syllabus examination scheme

3 h 15 m

Typical theory paper duration (where applicable)

RBSE Class 12 / Praveshika schemes

33%

Common minimum pass threshold under RBSE regulations

RBSE examination regulations (confirm circular)

2026

Main examination cycle evidenced in official subject-wise statistics

rajeduboard.rajasthan.gov.in/statistics2026.htm

MCQ study aid

Local bank adapts knowledge to four-option MCQs; official paper is mixed/performance format

OpenExamPrep assessment-format policy

RBSE Praveshika Banking, Financial Services and Insurance (code 113): Theory 80 + Sessional 20 = 100 (typical vocational theory scheme; confirm circular); 3 hours 15 minutes (theory paper). Pass about 33% per RBSE rules (confirm circular). Fee as per board notification. Free English MCQ study aid — not a full official-format simulation.

Sample RBSE Prav Voc BFSI Practice Questions

Try these sample questions to review concepts for the RBSE Prav Voc BFSI exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1In RBSE Praveshika Vocational BFSI (code 113), BFSI mainly stands for:

A.Business, Farming, Sales and Industry

B.Bonds, Funds, Shares and Imports

C.Bureau of Fiscal Standards of India

D.Banking, Financial Services and Insurance

Explanation: BFSI is the common industry label for Banking, Financial Services and Insurance — the three linked sectors studied in this vocational trade.

2A commercial bank’s core activity is best described as:

A.Accepting deposits and giving loans to customers

B.Printing all currency notes for the nation

C.Writing a country’s foreign policy

D.Collecting income tax from every citizen as the tax department

Explanation: Commercial banks mainly mobilise public deposits and provide credit and related payment services under regulation.

3Which institution acts as India’s central bank?

A.Reserve Bank of India (RBI)

B.Life Insurance Corporation of India (LIC)

C.National Stock Exchange (NSE)

D.Securities and Exchange Board of India (SEBI)

Explanation: The Reserve Bank of India is the central bank: it regulates banks, issues currency, and steers monetary policy.

4Money kept in a savings bank account is mainly useful because it:

A.Is locked forever with no withdrawal rights

B.Earns some interest and remains relatively safe and withdrawable

C.Automatically becomes a free house loan

D.Is never recorded in any bank system

Explanation: Savings accounts hold money safely with limited interest and flexible withdrawals for personal needs.

5A fixed deposit (FD) differs from a basic savings account mainly because an FD:

A.Can only be opened by the government

B.Is usually for a fixed tenure and often pays higher interest

C.Never pays any interest in India

D.Is used only to print cheque books

Explanation: Fixed deposits lock funds for a chosen term and typically offer higher interest than ordinary savings balances.

6A current account is most suitable for:

A.A student who only needs a tiny emergency balance

B.Someone who wants the highest long-term FD rate only

C.A person who never plans to use banking at all

D.A shopkeeper who makes many daily business payments

Explanation: Current accounts support frequent business transactions with high payment volume; they usually pay little or no interest.

7When a bank gives a personal loan, the customer must usually:

A.Repay principal and interest as per the agreed schedule

B.Never repay anything after receiving the money

C.Pay only if the bank forgets the loan

D.Convert the loan automatically into free gifts

Explanation: Loans create a repayment obligation: the borrower returns principal plus interest under the loan agreement.

8Interest charged by a bank on a loan is best understood as:

A.A gift the bank always pays to every borrower

B.A fee for using the bank’s money over time

C.A tax collected only by the village panchayat

D.The same as a free insurance premium

Explanation: Loan interest is the cost of borrowing funds for a period; it compensates the lender for risk and time value of money.

9A cheque is primarily used to:

A.Replace a passport for international travel

B.Order the bank to pay a stated amount from the drawer’s account

C.Act as a permanent land ownership title

D.Print currency notes at home legally

Explanation: A cheque is a written order by the account holder directing the bank to pay a specified sum to the payee.

10If a cheque bounces due to insufficient balance, a common consequence is that:

A.The bank automatically grants a free house

B.The cheque becomes valid for unlimited cash forever

C.Interest rates on all FDs in India become zero

D.The payee may not receive the money and the drawer can face bank charges or legal issues

Explanation: Dishonour for insufficient funds means the payment fails; banks may levy charges and repeated misuse can have serious consequences.

About the RBSE Prav Voc BFSI Exam

The Rajasthan RBSE Praveshika Banking, Financial Services and Insurance examination (subject code 113) is conducted by the Board of Secondary Education, Rajasthan (RBSE), Ajmer. Official 2026 subject-wise main-examination statistics list this paper among assessed subjects (PVC2026 subject-wise statistics list BANK F.S. & INS. (code 113)). Scheme commonly Theory 80 + Sessional 20 = 100 (typical vocational theory scheme; confirm circular). Official delivery commonly Hindi/English. The official assessment is mixed written and/or practical/performance format, not pure multiple-choice. The 100 questions on this page are an English-language MCQ study adaptation for concept drills and self-assessment — not an official translation, format simulation, or substitute for writing, practical, project, or performance practice. Aligned to RBSE syllabus materials on rajeduboard.rajasthan.gov.in (Class 12: 12_2026.pdf; Praveshika path materials as applicable).

Exam sponsor: Board of Secondary Education, Rajasthan (RBSE). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

Official RBSE mixed written theory paper with practical/skill evidence components for vocational trade competence. Typical marks pattern Theory 80 + Sessional 20 = 100 (typical vocational theory scheme; confirm circular), duration 3 hours 15 minutes for theory. Local bank: English MCQ study adaptation — not a skill substitute. Subject code 113. PVC2026 subject-wise statistics list BANK F.S. & INS. (code 113).

Time Limit

3 hours 15 minutes (theory paper)

Passing Score

Minimum 33% marks in the subject as per RBSE examination regulations (confirm current session circulars). Where theory and practical are separate, candidates must pass each component as required by the subject scheme.

Exam / Certification Fees

As per RBSE annual examination fee notification for school/private candidates (Senior Secondary / Class 12 full board form fee is notified each cycle on rajeduboard.rajasthan.gov.in — confirm the current circular; subject papers are not separately priced on the statistics page)

Exam sponsor website

Reported exam pass rate: See RBSE subject-wise statistics for the current cycle on statistics2026.htm.. This describes exam candidates, not OpenExamPrep users or results from using our resources. Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Official sources

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

25%

Banking Basics

Deposit products, account types, and basic bank operations for Class 10 vocational BFSI theory.

25%

Financial Services

Payments, remittances, digital channels, and customer service concepts.

20%

Insurance Fundamentals

Life/general insurance concepts, risk, and claim awareness at introductory level.

15%

Compliance & Safety

KYC, fraud awareness, and workplace ethics.

15%

Employability Skills

Communication, documentation, and workplace readiness for BFSI roles.

Preparing for the RBSE Prav Voc BFSI Exam

What You Need to Know

Passing score: Minimum 33% marks in the subject as per RBSE examination regulations (confirm current session circulars). Where theory and practical are separate, candidates must pass each component as required by the subject scheme.
Assessment: Official RBSE mixed written theory paper with practical/skill evidence components for vocational trade competence. Typical marks pattern Theory 80 + Sessional 20 = 100 (typical vocational theory scheme; confirm circular), duration 3 hours 15 minutes for theory. Local bank: English MCQ study adaptation — not a skill substitute. Subject code 113. PVC2026 subject-wise statistics list BANK F.S. & INS. (code 113).
Time limit: 3 hours 15 minutes (theory paper)
Exam / certification fees: As per RBSE annual examination fee notification for school/private candidates (Senior Secondary / Class 12 full board form fee is notified each cycle on rajeduboard.rajasthan.gov.in — confirm the current circular; subject papers are not separately priced on the statistics page) Official sources

Using Our Practice Resources

Work through all 100 available questions
Review every answer and explanation
Track weak areas and revisit them
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RBSE Prav Voc BFSI: Suggested Study Strategy

1Map every practice session to the official RBSE Banking, Financial Services and Insurance unit list, not only popular coaching lists.

2After MCQ drills, write full answers from RBSE-style model papers under timed conditions.

3Verify facts (dates, formulas, definitions) against NCERT/RBSE prescribed books before trusting any third-party summary.

4Track weak categories and re-attempt missed items after 48 hours.

5For languages, literature, music, drawing, typewriting, and shorthand, MCQs support theory—still complete official skill practice.

Frequently Asked Questions

Is the official RBSE Praveshika Banking, Financial Services and Insurance exam multiple-choice only?

No. Official RBSE papers mix objective and constructed-response tasks and may include practical/performance components. The 100 questions here are an English-language MCQ study adaptation for concept practice only.

What are full marks and duration for RBSE Banking, Financial Services and Insurance?

Common scheme: Theory 80 + Sessional 20 = 100 (typical vocational theory scheme; confirm circular); 3 hours 15 minutes (theory paper). Confirm the exact scheme for code 113 in the current RBSE syllabus PDF on rajeduboard.rajasthan.gov.in.

What is the passing score?

How much does the exam cost?

Where are official statistics and syllabus?

Subject-wise 2026 result statistics and board materials are published by RBSE at https://rajeduboard.rajasthan.gov.in/statistics2026.htm and syllabus PDFs under anudeshika / books sections of https://rajeduboard.rajasthan.gov.in. Prefer primary board PDFs over third-party summaries.

Is this bank an official RBSE translation?

No. OpenExamPrep publishes one English-language practice bank per exam ID. Target-language terms and texts may appear when they are integral to the skill, but stems, explanations, and SEO copy are English study adaptations — not official translations or language-environment simulations.

How should I use MCQs for a mixed written/practical paper?

Use MCQs for daily concept drills and self-check. Also practise full written answers from RBSE model papers under timed conditions and complete required practicals, projects, or performances.