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Free Practice Questions for RBSE Sec Voc Banking, Financial Services and Insurance

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Key Facts: RBSE Sec Voc Banking, Financial Services and Insurance Exam

113

RBSE subject code for Banking, Financial Services and Insurance

RBSE Secondary/Praveshika 2026 subject-wise statistics

80 + 20

Typical Theory + Sessional full marks pattern (total 100)

RBSE Class 10 syllabus examination scheme

3 h 15 m

Typical theory paper duration

RBSE Class 10 syllabus

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 format

OpenExamPrep assessment-format policy

RBSE Secondary (Class 10) Banking, Financial Services and Insurance (code 113): mixed board paper, typically Theory 80 + Sessional 20 = 100, 3h15m. Pass about 33% per RBSE rules. Fee as per board notification. Free English MCQ study aid — not a full mixed-paper simulation.

Sample RBSE Sec Voc Banking, Financial Services and Insurance Practice Questions

Try these sample questions to review concepts for the RBSE Sec Voc Banking, Financial Services and Insurance exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1What does BFSI stand for in the vocational course title?
A.Banking, Financial Services and Insurance
B.Business, Finance, Sales and Investment
C.Bond Financing, Securities and Interest
D.Bureau of Financial Standards of India
Explanation: BFSI is the standard industry acronym for Banking, Financial Services and Insurance — the three linked sectors covered in this vocational trade.
2A commercial bank's main business is to:
A.Only print currency notes for the government
B.Set the country's foreign policy
C.Collect income tax from every citizen
D.Accept deposits and provide loans and payment services
Explanation: Commercial banks mobilise deposits, lend to individuals and businesses, and offer payment and related services under RBI regulation.
3Which institution is India's central bank?
A.Life Insurance Corporation of India (LIC)
B.National Stock Exchange (NSE)
C.Reserve Bank of India (RBI)
D.Securities and Exchange Board of India (SEBI)
Explanation: The Reserve Bank of India is the central bank that regulates banks, issues currency, and manages monetary policy.
4KYC in banking stands for:
A.Kisan Yojana Card
B.Know Your Customer
C.Keep Your Cash
D.Key Yield Calculation
Explanation: Know Your Customer (KYC) is the process banks use to verify a customer's identity and address before opening or maintaining accounts.
5Which of the following is commonly accepted as a proof of identity for KYC?
A.Aadhaar card
B.A handwritten note from a friend
C.A blank cheque without any name
D.A school timetable
Explanation: Official photo identity documents such as Aadhaar are accepted for KYC identity verification when used as per bank and regulatory rules.
6A savings bank account is mainly meant for:
A.Only large companies to run payroll every hour
B.Speculating only in foreign currency futures
C.Avoiding all bank rules permanently
D.Individuals to keep money safely and earn interest on deposits
Explanation: Savings accounts let individuals park funds safely, make withdrawals as allowed, and typically earn interest subject to bank terms.
7A fixed deposit (FD) generally means:
A.The bank gives free shares of a listed company
B.Interest rates change every minute with stock prices
C.Money is deposited for a fixed period at an agreed interest rate
D.Money can never be withdrawn under any circumstance forever
Explanation: In an FD, funds are locked for a stated tenure at a contracted rate; premature withdrawal, if allowed, usually attracts a penalty.
8What is a current account typically used for?
A.Storing gold bars inside the passbook
B.Businesses and traders who need frequent deposits and withdrawals
C.Only children under five years of age
D.Only buying life insurance policies
Explanation: Current accounts support high transaction volume for business cash flows and usually do not earn interest like savings accounts.
9UPI in digital payments stands for:
A.Unified Payments Interface
B.Universal Private Investment
C.United Postal Identity
D.User Password Instruction
Explanation: UPI is NPCI's Unified Payments Interface for real-time bank-to-bank payments using mobile apps and virtual payment addresses.
10Which organisation operates UPI in India?
A.World Health Organization (WHO)
B.Food Corporation of India (FCI)
C.Indian Railways Catering and Tourism Corporation (IRCTC)
D.National Payments Corporation of India (NPCI)
Explanation: NPCI operates major retail payment systems in India, including UPI, IMPS, and RuPay.

About the RBSE Sec Voc Banking, Financial Services and Insurance Exam

The Rajasthan RBSE Secondary (Class 10) 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. Typical Class 10 schemes use Theory 80 + Sessional 20 = 100 marks and 3 hours 15 minutes. RBSE Secondary & 10th Vocational main examination subject code 113 (Banking, Financial Services and Insurance) as listed in official 2026 subject-wise statistics. NSQF-aligned trade theory at Class 10 level; practical/skill evidence is school-assessed. Official papers and practicals may be in Hindi/English. This bank is an English MCQ study adaptation of vocational theory only. The official assessment is mixed written and practical/skill-based format, not pure multiple-choice. The 100 questions on this page are an English-language MCQ study adaptation for concept drills and self-assessment. Focus on safe practice, core trade knowledge, and employability for Banking, Financial Services and Insurance; include scenario judgment items.

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 (objective, short, and long constructed-response items as per subject design) with Theory 80 + Sessional/Internal 20 = 100 full marks, duration 3 hours 15 minutes. Local bank: English-language four-option MCQ study adaptation with explanations — not a full mixed-paper simulation or official-format substitute. Subject code 113. RBSE Secondary & 10th Vocational main examination subject code 113 (Banking, Financial Services and Insurance) as listed in official 2026 subject-wise statistics. NSQF-aligned trade theory at Class 10 level; practical/skill evidence is school-assessed.

Time Limit

3 hours 15 minutes (theory paper)

Passing Score

Minimum 33% marks in the subject as per RBSE Secondary/Praveshika examination regulations (confirm current session circulars)

Exam / Certification Fees

As per RBSE annual examination fee notification for school/private candidates (commonly published figures for the 2026 Secondary/Praveshika cycle have been about INR 600 regular / INR 650 private for the full board form — confirm the current circular on rajeduboard.rajasthan.gov.in; subject papers are not separately priced on this 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.

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, KYC awareness, and account concepts.

25%

Payments & Digital Banking

UPI, cards, NEFT/RTGS awareness, and cashless payments.

20%

Insurance Fundamentals

Life/general insurance concepts and risk basics.

15%

Financial Literacy

Saving, budgeting, and fraud awareness.

15%

Customer Service & Ethics

Confidentiality, communication, and professional conduct.

Preparing for the RBSE Sec Voc Banking, Financial Services and Insurance Exam

What You Need to Know

  • Passing score: Minimum 33% marks in the subject as per RBSE Secondary/Praveshika examination regulations (confirm current session circulars)
  • Assessment: Official RBSE mixed written theory paper (objective, short, and long constructed-response items as per subject design) with Theory 80 + Sessional/Internal 20 = 100 full marks, duration 3 hours 15 minutes. Local bank: English-language four-option MCQ study adaptation with explanations — not a full mixed-paper simulation or official-format substitute. Subject code 113. RBSE Secondary & 10th Vocational main examination subject code 113 (Banking, Financial Services and Insurance) as listed in official 2026 subject-wise statistics. NSQF-aligned trade theory at Class 10 level; practical/skill evidence is school-assessed.
  • Time limit: 3 hours 15 minutes (theory paper)
  • Exam / certification fees: As per RBSE annual examination fee notification for school/private candidates (commonly published figures for the 2026 Secondary/Praveshika cycle have been about INR 600 regular / INR 650 private for the full board form — confirm the current circular on rajeduboard.rajasthan.gov.in; subject papers are not separately priced on this page) Official sources

Using Our Practice Resources

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

RBSE Sec Voc Banking, Financial Services and Insurance: 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 3h15m timing.
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.
5Rehearse practical/skill checklists with your school lab or workshop — MCQs cannot certify trade performance.

Frequently Asked Questions

Is the official RBSE Secondary (Class 10) Banking, Financial Services and Insurance exam multiple-choice only?

No. Official RBSE papers mix objective and constructed-response tasks and vocational subjects also require practical/skill evidence. 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?

RBSE Class 10 / Praveshika subject schemes in the official syllabus commonly use Theory 80 + Sessional 20 = 100 marks with a 3 hour 15 minute 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?

Minimum 33% marks in the subject as per RBSE Secondary/Praveshika examination regulations (confirm current session circulars).

How much does the exam cost?

As per RBSE annual examination fee notification for school/private candidates (commonly published figures for the 2026 Secondary/Praveshika cycle have been about INR 600 regular / INR 650 private for the full board form — confirm the current circular on rajeduboard.rajasthan.gov.in; subject papers are not separately priced on this page).

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 and complete school practical/skill assessments under timed conditions.