PracticeVideosBlogFlashcardsEspañol
All Practice Exams

Free Practice Questions for NBS Financial Intermediary Exam — Deposit Taking (VKL)

Exam-style questions and explanations by OpenExamPrep.

✓ No registration✓ No credit card
60+ Questions
100% Free

Loading practice questions...

Same family resources

Explore More Slovakia NBS Financial Intermediary Examinations (Národná banka Slovenska — FAP)

Continue into nearby exams from the same family. Each card keeps practice questions, study guides, flashcards, videos, and articles in one place.

Slovakia NBS Financial Intermediary — Capital Markets (KT)

Practice Questions60 questions

Slovakia NBS Financial Intermediary — Insurance & Reinsurance (PaZ)

Practice Questions60 questions

Slovakia NBS Financial Intermediary — Supplementary Pensions (DDS)

Practice Questions60 questions
Exam Review

Key Facts: NBS Financial Intermediary Exam — Deposit Taking (VKL) Exam

30 questions per sector (5 general, 25 sector), three options each, 25 minutes.

Pass mark: at least 24 correct answers.

Fee: €50 per sector in Slovak; €200 in another language (NBS Decree No. 5/2018).

Held by NBS-authorised examination organisations; must be retaken at least every four years.

Deposit protection: EUR 100,000 per depositor per bank under Act No. 118/1996 Z. z.

This bank is an English-language MCQ study adaptation with four options per question.

The NBS deposit-taking sector exam has 30 three-option questions (5 general, 25 on deposits) in 25 minutes; you need 24 correct answers. The fee is €50 in Slovak or €200 in another language, and the exam must be retaken at least every four years.

Sample NBS Financial Intermediary Exam — Deposit Taking (VKL) Practice Questions

Try these sample questions to review concepts for the NBS Financial Intermediary Exam — Deposit Taking (VKL) exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 60+ question experience with AI tutoring.

1Which statement best describes a legal norm (právna norma)?
A.A set of rules that binds only entrepreneurs registered in the commercial register
B.A rule of conduct recognised by the state that can be enforced and sanctioned
C.A set of ethical and moral recommendations issued by professional associations
D.An expert interpretation of a court decision published by the Supreme Court
Explanation: A legal norm is a generally binding rule of conduct recognised or issued by the state, whose observance the state can enforce and sanction. Ethical codes and expert commentary may guide behaviour, but they lack this state enforceability. The general part of every NBS sector exam begins with such legal-system basics.
2Under the Slovak Civil Code, which of these persons is NOT a close person (blízka osoba) of the client?
A.The client's brother or sister
B.The client's parent or child
C.The client's spouse
D.The client's cousin
Explanation: Close persons under the Civil Code are relatives in the direct line, siblings and spouses. Other persons in a family or similar relationship count only if harm suffered by one would reasonably be felt by the other as their own. A cousin is not automatically a close person, which is how the official NBS question pool frames it.
3When does a buyer acquire ownership of real estate transferred by a purchase contract in Slovakia?
A.On the day both parties sign the purchase contract
B.When the signatures on the purchase contract are certified by a notary
C.On registration (vklad) of the ownership right in the land register
D.When the buyer pays the full purchase price to the seller
Explanation: Ownership of real estate passes only on registration of the right (vklad) in the land register (kataster nehnuteľností). The purchase contract must be in writing, but signing or paying does not by itself transfer ownership. By contrast, ownership of movables transferred under a contract normally passes on taking delivery.
4Who may carry out financial intermediation in the Slovak Republic?
A.A person in the NBS register who meets the statutory conditions, including professional competence
B.Anyone holding a trade licence (živnostenské oprávnenie) for intermediation and advisory services
C.Only a person with a completed university degree in law or economics
D.Any EU citizen who notifies the local tax office before starting the activity in Slovakia
Explanation: Under Act No. 186/2009 Z. z., financial intermediation may be carried out only by a financial agent who is licensed or registered with Národná banka Slovenska and meets the statutory conditions. These include professional competence, which for most agents means passing the NBS professional examination. Financial intermediation is a regulated activity, not a trade.
5Under §§ 7 and 8 of Act No. 186/2009 Z. z., how does an independent financial agent (SFA) differ from a tied financial agent (VFA) in the deposit-taking sector?
A.An SFA may contract with only one bank, while a VFA may contract with several banks
B.An SFA works through a contract with another agent, while a VFA is licensed directly by the ECB
C.Both may contract with any number of banks; they differ only in the fees they charge
D.An SFA may contract with several financial institutions at once; a VFA with at most one per sector
Explanation: § 7 allows an independent financial agent to have written contracts with several financial institutions at the same time. § 8 limits a tied financial agent to a contract with at most one financial institution in each sector; only in insurance may it have one life insurer and one non-life insurer. A subordinate agent (§ 9) contracts with one SFA at a time.
6Under § 21(4) of Act No. 186/2009 Z. z., what minimum level of professional competence must a tied financial agent (VFA) who is a natural person meet?
A.The medium level, including a passed professional examination
B.The basic level, without a professional examination
C.The higher level, including three years of practice in the sector
D.The highest level, including an examination with certificate
Explanation: § 21(4) requires a tied financial agent who is a natural person, the responsible statutory-body member and its professional guarantor to meet at least the basic level. That level means secondary vocational education plus annual special financial education, with no professional examination. A subordinate financial agent, by contrast, needs the medium level, which includes the examination.
7What does the higher level of professional competence (vyšší stupeň) under § 21(3) of Act No. 186/2009 Z. z. require?
A.Secondary vocational education and annual special financial education only, without any examination
B.A university degree in economics or law and a professional examination that includes an oral part
C.Complete secondary education, seven years of practice and an examination with certificate
D.Secondary vocational education, 3 years' sector practice, the exam and special financial education
Explanation: The higher level requires at least secondary vocational education, at least three years of professional practice in the relevant sector, a passed professional examination and special financial education for each sector. It is the level required for an independent financial agent under § 21(7). The examination must be passed again at least every four years.
8A bank cashier keeps for herself money that a client had entrusted to her, causing small damage. Which criminal offence does this describe?
A.Theft (krádež)
B.Fraud (podvod)
C.Embezzlement (sprenevera)
D.Unauthorised use (neoprávnené používanie)
Explanation: Embezzlement means appropriating someone else's thing that was entrusted to the offender and causing at least small damage. Theft means taking possession of someone else's thing, and fraud means enriching oneself by misleading someone or exploiting their mistake. Here the money was entrusted, so the offence is embezzlement.
9Under § 5(3) of Act No. 186/2009 Z. z., who is a non-professional client (neprofesionálny klient)?
A.A natural person receiving intermediation or advice for personal or household needs
B.Any client who has not passed a financial-literacy test offered by the agent
C.Any small or medium-sized enterprise with fewer than 50 employees and low turnover
D.A client whose total deposits with any one bank do not exceed EUR 100,000
Explanation: § 5(3) defines a non-professional client as a natural person who receives financial intermediation or financial advice for personal needs or the needs of household members. Such clients get the full protection of the conduct rules. A professional client can ask in writing to be treated as non-professional.
10A professional client asks a financial agent to treat it as a non-professional client. What does § 5(4) of Act No. 186/2009 Z. z. provide?
A.The request can be granted only if the client plans to conclude at least two contracts
B.The agent decides at its discretion whether to accept the request
C.The client may request it, by a written declaration that the agent confirms and returns
D.The request can be granted only for contracts worth EUR 10,000 or more
Explanation: § 5(4) entitles a professional client to ask to be treated as a non-professional client. The request is made by a written declaration stating whether it covers one or more financial services in one or more sectors. After receiving it, the agent or adviser confirms receipt in writing and returns one copy to the client.

About the NBS Financial Intermediary Exam — Deposit Taking (VKL) Exam

Independent practice for the professional exam (odborná skúška) in the deposit-taking sector (prijímanie vkladov), required under Act No. 186/2009 Z. z. for people who want to intermediate deposit products as subordinate financial agents (medium level) or independent financial agents (higher level). The exam is a 30-question, 25-minute test drawn from the official NBS question database, held by NBS-authorised organisations, normally in Slovak. Passing it must be repeated at least every four years, alongside annual special financial education. This bank covers the official topic areas with English-language questions and Slovak legal terms; it is an English-language MCQ study adaptation, not an official translation or format simulation.

Exam sponsor: Examination organisations authorised by Národná banka Slovenska (NBS). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

30 single-answer questions (5 general, one from each general area; 25 sector questions, five from each sector area), three answer options each, 25 minutes. At least 24 correct answers are needed. The medium level uses medium-difficulty questions; the higher level combines medium and higher-difficulty questions.

Time Limit

25 minutes per sector

Passing Score

At least 24 correct answers out of 30

Exam / Certification Fees

€50 per sector in Slovak; €200 per sector in another language

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.

10 practice questions

General financial market knowledge

Act No. 186/2009 Z. z., consumer protection, AML and criminal-law basics, and NBS supervision.

10 practice questions

The banking system and its legal framework

Act No. 483/2001 Z. z., banking licences, bank secrecy and NBS.

10 practice questions

Banking products and building savings

Deposit products, deposit contracts and building savings.

10 practice questions

Deposit protection

Act No. 118/1996 Z. z.: coverage, exclusions, the EUR 100,000 limit and payouts.

10 practice questions

Interest, payments and taxation

Interest, payment orders, IBAN and BIC, and taxation of interest.

10 practice questions

Supervision, AML and payment services

Payment services law, AML duties and supervision.

Preparing for the NBS Financial Intermediary Exam — Deposit Taking (VKL) Exam

What You Need to Know

  • Passing score: At least 24 correct answers out of 30
  • Assessment: 30 single-answer questions (5 general, one from each general area; 25 sector questions, five from each sector area), three answer options each, 25 minutes. At least 24 correct answers are needed. The medium level uses medium-difficulty questions; the higher level combines medium and higher-difficulty questions.
  • Time limit: 25 minutes per sector
  • Exam / certification fees: €50 per sector in Slovak; €200 per sector in another language Official sources

Using Our Practice Resources

  • Work through all 60 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

NBS Financial Intermediary Exam — Deposit Taking (VKL): Suggested Study Strategy

1Work through the official NBS question database for the deposit sector and the general part; the exam draws its questions from it.
2Learn exactly who may accept deposits and which deposits the Deposit Protection Fund excludes.
3Know the deposit protection numbers: EUR 100,000 per depositor per bank, full protection of temporarily high balances for 12 months, and payout within 7 working days.
4Review the AML duties of an intermediary: customer due diligence, unusual business operations and the ban on tipping off.
5Practise at exam pace: 30 questions in 25 minutes leaves under a minute per question.

Frequently Asked Questions

Who must pass the deposit-taking sector exam?

Under Act No. 186/2009 Z. z., subordinate financial agents need medium professional competence and independent financial agents need higher professional competence in the sector they work in. Both levels require passing the sector exam, which must be passed again at least every four years, together with annual special financial education.

What is the format of the official exam?

Each sector exam has 30 questions from the official NBS database: 5 general questions and 25 sector questions, each with three answer options. The time limit is 25 minutes, and you need at least 24 correct answers. The higher level includes both medium and higher-difficulty questions.

How much does the exam cost, and in which languages is it offered?

Under NBS Decree No. 5/2018, the fee is €50 per sector for an exam in Slovak and €200 per sector in another language. Exams are normally held in Slovak; some authorised organisers also offer other languages, such as English and German.

How are temporarily high deposit balances protected?

Under Act No. 118/1996 Z. z., certain temporarily high balances, such as proceeds from selling one's own home, are protected in full, without the EUR 100,000 limit, for 12 months after they are credited, if the depositor proves their origin.

Is this practice bank an official NBS product?

No. It is independent study practice and an English-language MCQ study adaptation. It is not affiliated with Národná banka Slovenska or any examination organisation, and it is not an official translation of the NBS question database.