Banking and Insurance Class 09 Syllabus

Banking and Insurance today is a niche career for enthusiasts. For the beginners, it is the first step towards understanding the global economy, discovering the challenges of the market place and identifying themselves with a career that provides them with tremendous opportunities, both within the country and abroad.

With new banks and Insurance companies coming up every year owing to privatization of services, the industry indeed provides sufficient room for students studying in any field. Students may choose the career of sales executive for loans, mortgages and insurance with any of the leading banks, financial institutions and Insurance industry both in life insurance and General insurance.

Total Marks: 100 (Theory - 50 + Practical - 50)

Part B: Subject Specific Skills (40 Marks)

Unit Name Marks
1 Introduction to Banking 5
2 Deposit Accounts 10
3 Utility Service of Bank 10
4 Introduction to Insurance 10
5 Insurance Organization 5

UNIT 1 - INTRODUCTION TO BANKING

  • Definition of Banking
  • Definition of Customer
  • Classification of Banks
  • Functions of a Bank
  • Relationship between Banker and Customer

UNIT 2 - DEPOSIT ACCOUNTS

  • Demand Deposits
  • Term Deposits
  • Other Deposit Scheme
  • Types of Account Holders
  • Opening of Accounts
  • Cash Book, Pass Book & Bank Reconciliation Statement

UNIT 3 - UTILITY SERVICE OF BANKING

  • Credit Cards & Debit Cards
  • Automated Teller Machines (ATMS)
  • Core Banking
  • Standing Instructions

UNIT 4 - INTRODUCTION TO INSURANCE

  • Risk
  • Financial Implications of Risk
  • Insurance - Mechanism of Covering Risk
  • Functions of Insurance
  • Benefits of Insurance
  • Insurance Policy
  • Life vs General Insurance

UNIT 5 - INSURANCE ORGANIZATION

  • Brief history of Insurance in India
  • Regulatory Authority for Insurance Sector
  • Private Investment in Insurance Sector
  • Structure of Insurance Business in India