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CBSE DEPARTMENT OF SKILL EDUCATION BANKING & INSURANCE (SUBJECT CODE 411) MARKING SCHEME SAMPLE QUESTION PAPER Class X (Session 20192020) Time: 2 Hours Max. Marks: 50General Instructions: 1. This
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The banking and insurance subject refers to the regulatory framework, practices, and financial principles that govern banking institutions and insurance companies, covering aspects such as risk management, financial transactions, regulations, and compliance.
Entities that operate in the banking and insurance sectors, including banks, credit unions, insurance companies, and financial institutions, are required to file documentation regarding their operations, compliance, and financial health.
To fill out the banking and insurance subject forms, institutions typically need to gather financial statements, risk assessments, and compliance reports, and enter this information in the prescribed format, ensuring accuracy and completeness.
The purpose of the banking and insurance subject is to ensure financial stability, transparency, and regulatory compliance, thereby protecting consumers and maintaining the integrity of the financial system.
Information that must be reported includes financial statements, risk exposure, compliance with regulations, operational metrics, and any significant changes in business practices or conditions.
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