CBSE Class 10 Sample Paper 2026 Solution for Banking and Insurance

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SAMPLE
PAPER
2026

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CBSE | DEPARTMENT OF SKILL EDUCATION
BANKING AND INSURANCE (SUBJECT CODE: 411)
MARKING SCHEME FOR CLASS X (SESSION 2025-2026)
Max. Time: 2 Hours Max. Marks: 50
General Instructions:
1. Please read the instructions carefully.
2. This Question Paper consists of 21 questions in two sections – Section A & Section
B.
3. Section A has Objective type questions whereas Section B contains Subjective type
questions.
4. Out of the given (5 + 16 =) 21 questions, a candidate has to answer (5 + 10 =) 15
questions in the allotted (maximum) time of 2 hours.
5. All questions of a particular section must be attempted in the correct order.
6. SECTION A - OBJECTIVE TYPE QUESTIONS (24 MARKS):
i. This section has 05 questions.
ii. There is no negative marking.
iii. Do as per the instructions given.
iv. Marks allotted are mentioned against each question/part.
7. SECTION B – SUBJECTIVE TYPE QUESTIONS (26 MARKS):
i. This section contains 16 questions.
ii. A candidate has to do 10 questions.
iii. Do as per the instructions given.
iv. Marks allotted are mentioned against each question/part.

SECTION A: OBJECTIVE TYPE QUESTIONS
Page
Source Material Unit/
no. of
(NCERT/PSSCIVE/ Cha
Q. No. QUESTION source Marks
CBSE Study p.
materia
Material) No.
l
Q. 1 Answer any 4 out of the given 6 questions on Employability Skills (1 x 4
= 4 marks)

i. c) Self Motivation CBSE Study material 2 20 1

ii. c) Self Awareness CBSE Study material 2 18 1

iii. a) User and computer CBSE Study material 3 22 1

iv. d) Control panel CBSE Study material 3 25 1

v. d) A person needs to have a big CBSE Study material 4 97 1
business to be called an
entrepreneur.

411 Banking & Insurance X 1

vi. Make own laws CBSE Study material 4 48/49 1

Q. 2 Answer any 5 out of the given 6 questions (1 x 5 = 5 marks)

i. (a) A specified banker CBSE Study material 1 1.1 1

ii. (a) by mere delivery if payable to CBSE Study material 1 1.2 1
bearer

iii. (b) drawer and drawee CBSE Study material 1 1.3 1

iv. (a) Bill receivable CBSE Study material 2 2.1 1

v. (c)’An overdraft facility is an close CBSE Study material 2 2.2 1
ended facility.

vi. (b) floating CBSE Study material 2 2.3 1

Q. 3 Answer any 5 out of the given 6 questions (1 x 5 = 5 marks)

i. a) RBI CBSE Study material 2 2.3 1

ii. (d) payment fees CBSE Study material 2 2.4 1

iii. (c) Credit Card CBSE Study material 2 2.2 1

iv. the payee CBSE Study material 3 3.1 1

v. (c) minor CBSE Study material 3 3.4 1

vi. (a) sponsor Bank CBSE Study material 3 3.2 1

Q. 4 Answer any 5 out of the given 6 questions (1 x 5 = 5 marks)

i. d) receiving payment of crossed CBSE Study material 3 3.1 1
cheque

ii. b) On the users registered CBSE Study material 3 3.3 1
mobile phone via sms

iii. a)saving account CBSE Study material 3 3.4 1

iv. b) life insurance CBSE Study material 4 4.1 1

v. c) Life CBSE Study material 4 4.2 1

vi. a) Insurance sector is regulated by CBSE Study material 4 4.3 1
IRDA

Q. 5 Answer any 5 out of the given 6 questions (1 x 5 = 5 marks)

i. d) banks CBSE Study material 4 4.4 1

ii. b) death CBSE Study material 4 4.5 1

iii. d) business losses CBSE Study material 5 5.3 1

iv. c) Child Policy CBSE Study material 4 4.5 1

411 Banking & Insurance X 2

v. a) Claim CBSE Study material 5 5.4 1

vi. c) Health Insurance CBSE Study material 5 5.7 1

SECTION B: SUBJECTIVE TYPE QUESTIONS
Unit Page
Source Material
/ no. of
(NCERT/PSSCIVE/
Q. No. QUESTION Cha source Marks
CBSE Study
p. materia
Material)
No. l

Answer any 3 out of the given 5 questions on Employability Skills in 20 – 30 words
each (2 x 3 = 6 marks)

Q. 6 ● Improves mood CBSE Study material 2 18 2
● Boosts immune system
● Promotes longevity
● Leads to burst of physical
strength, which is vital for
goal achievement
● Complete mental and
physical engagement for
task accomplishment
● Increases efficiency and
effectiveness
● Prevents psychological
disorders and behavioral
problems
( any 2 points with explanation)

Q. 7 Self-Awareness CBSE Study material 2 20 2
Having conscious knowledge of
your own self, capabilities, feelings
and one’s own character
Self-Motivation
Individuals have an inner urge to
do something, achieve their goals
without any external pressure.
Self-Regulation
Self-regulation guides
independent individuals as it helps
them consider long term
consequences .any 2

Q. 8 Taskbar is the long horizontal bar CBSE Study material 3 24 2
present at the bottom of the
screen. To the left is the Start
button. Right of the taskbar
contains Date/Time. There are
icons of active applications and
some shortcuts on the Taskbar.

411 Banking & Insurance X 3

Q. 9 Starting industries in which CBSE Study material 4 46 2
manufacturing, trading, providing
services, productions are done on
a small scale or micro scale.
These businesses serve as the
backbone of many developing
countries.

Q. 10 Communication enables CBSE Study material 4 50 2
exchange of feelings, ideas,
emotions, information and
knowledge between two or more
persons. Have to communicate , in
the form of writing, responding,
drafting emails, verbal instruction,
discussion etc. Spends 75%-90%
of their work time communicating.

Answer any 4 out of the given 6 questions in 20 – 30 words each (2 x 4 = 8 marks)

Q. 11 "Cheque" is a bill of exchange CBSE Study material 1 1.2 2
drawn on a specified banker and
not expressed to be payable
otherwise than on demand and it
includes the electronic image of a
truncated cheque and a cheque in
the electronic form.

Q. 12 Loan given to meet the working CBSE Study material 2 2.3 2
capital requirements of a
company.given against a collateral
security. Interest is charged only
on the utilized amount A separate
account named cash credit
account is opened.
( 1 mark definition any 1 feature 1
mark )

Q. 13 Demand Draft is a cheque that CBSE Study material 3 3.1 2
contains an order of Drawer
branch directing same bank’s
branch to pay on demand a sum of
money to a beneficiary. Can be
crossed as ‘Account payee’
instrument. safer than cheques.
( 1 mark -definition any 1 point 1
mark )

Q. 14 Banks give a locker only to their CBSE Study material 3 3.4 2
existing account holders, or to
those who agree to open an
account (savings or current) or
make a fixed deposit which can
cover rentals for three years and
charges for breaking open the
locker in case of an eventuality.

411 Banking & Insurance X 4

Q. 15 1. Money Back Policy provides for CBSE Study material 4 4.5 2
periodic payments of partial
survival benefits during the term of
the policy, as long as the policy
the holder is alive.
2. In the event of death at any time
within the policy term, the death
claim comprises full sum assured
without deducting any of the
survival benefit amounts, which
have already been paid.
3. Bonus is also calculated on the
full sum assured.
4. Is an endowment policy with
liquidity benefits. (any two)

Q. 16 Fire insurance is a contract CBSE Study material 5 5.4 2
under which the insurer in
return for a consideration
(premium) agrees to indemnify
the insured/assured for the
financial loss which the Insured
may
suffer due to destruction of or
damage to property or goods,
caused by fire, during a
specified period.

Answer any 3 out of the given 5 questions in 50– 80 words each (4 x 3 = 12 marks)

Q. 17 A common instruction is to specify CBSE Study material 1 1.4 4
that cheque must be deposited
directly into an account with a
bank and not encashed by a bank
over the counter.
Types of Crossing:
1) General Crossing : Two
transverse lines on the
face of the cheque The
cheque may bear across
its face with or without
words “& co.” or the words
“not negotiable”.
2) Special or Restrictive
Crossing of Cheques: a
particular bank's name is
written in between the two
parallel lines.

Q. 18 Unsecured Loan CBSE Study material 2 2.1 4
Types of unsecured loans are:
1. Personal Loans given to well-
known credit worthy customers
having adequate cash flows to
repay such loans. Loan for
miscellaneous expenditures viz.

411 Banking & Insurance X 5

Children’s educational fees,
Occasional medical expenses,
Some family function,
Going on holiday, Minor repairs or
home renovations Purchase of
consumer durables. As loans are
unsecured, banks insist on a co-
borrower or a guarantor to join the
borrower.
2. Credit Cards Loan:
The card holder can use the card
for
● Purchases of goods / articles
/ services on credit in person
or
● Through internet or draw
cash (as loan) through
Automated Teller Machines
(ATMs) – up to the credit
limit sanctioned to him.
The card issuing bank sends the
bills to the cardholder at the end of
the billing period topay the bill
amount to the bank If the card
holder fails to pay the dues by the
due date, the bank will charge
interest on the dues.
(2+2 Marks)

Q. 19 Risks in Internet Banking: CBSE Study material 3 3.3 4
● Increasing number of
fraudulent websites
● Fake emails purporting to
be sent from banks
● Attacks on online banking
to steal login data and valid
TANs. viz. phishing and
pharming
● Cross-site scripting and
key logger / Trojan horses
stealing login information.
● Browser attack-Trojan
horse permits a remote
attacker to modify the
destination account
number and amount.
Any 4 risks

Q. 20 Life insurance policy: CBSE Study material 4 4.6 4
1) Filling of proposal form.
2) Submission of age group
3) Obtain an age admission
certificate
4) Medical examination by
insurer’s approved doctors

411 Banking & Insurance X 6

5) Isurer’s Agent’s
confidential report
6) Assessment of Risk
7) Payment of first premium
8) Signed and stamped
original policy documents
dispatched.

Q. 21 Types of Marine Insurance CBSE Study material 5 5.5 4
1. Hull Insurance: covers any
loss or damage to ships,
tankers, bulk carriers,
smaller vessels, fishing
boats and sailing vessels.
It covers the insurance of
the vessel and its
equipment i.e. furniture and
fittings, machinery, tools,
fuel, etc. cover the risk
while the vessel is under
construction.
2. Cargo Insurance: It is taken in
respect of the cargo carried by
the ship from one place to
another. This covers goods,
freight and other interests
against loss or damage to
goods whilst being transported
by rail, road, sea and/or air.
3. Freight Insurance: Freight is
the rent or amount paid for
the transportation of cargo.
This insurance provides
protection against the loss of
freight.
4. Liability Insurance: The insurer
undertakes to indemnify against
the loss which the insured may
suffer on account of liability to a
third party caused by collision of
the ship and other similar hazards.
It also covers legal liability towards
damages to the third party in
respect of accidental death, bodily
injury or loss of or damage to
property along with Legal costs
and expenses incurred with prior
consent.
(1+1+1+1 marks)

411 Banking & Insurance X 7

Study Materials
Notes

Model Papers Class 6 Notes

Sample Papers Class 7 Notes
Half Yearly Sample Papers Class 8 Notes

Class 9 Notes
Important Resources
Class 10 Notes
Periodic Table
Class 11 Notes
Writing Skills / Formats

Maps of India / World Class 12 Notes

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