This course is a planned sequence of instructions consisting of Units meant for developing employability and vocational competencies of students of Class XI opting for vocational subject along with general education subjects.

Part B: Vocational Skills (50 Marks)

Unit-1: Introduction

  • Definition of Bank - Basic functions of Banker.
  • Banking System in India.
    • (i) Commercial Banks.
    • (ii) Private Sector Banks.
    • (iii) Public Sector Banks.
    • (iv) Foreign Banks.
    • (v) Regional Rural Banks.
    • (vi) Co-operative Banks.
  • Reserve Bank of India.

Unit-2: Banker and Customer

  • Relationship between Banker and Customer.
  • Special Types of Customers.
  • Retail & Wholesale Banking.
  • Deposit Accounts – Savings Accounts, Current Accounts, Fixed Deposit Accounts.
  • Opening and operation of Accounts.
  • Nomination.
  • KYC requirements.
  • Pass Book.
  • Minors.
  • Partnerships & Companies.

Unit-3: Employment of Bank Funds

  • Liquid Assets-Cash in Hand, Cash with RBI & Cash with other Banks.
  • Investment in securities.
  • Advances - Secured and Unsecured.
  • Loans.
  • Term Loans.
  • Cash Credit.
  • Overdraft.
  • Discounting of Bills of Exchange.
  • Modes of creating charge on Securities.
  • Types of Securities.

Unit-4: Negotiable Instruments

  • Definition & Characteristics of Cheques.
  • Bills of Exchange & Promissory Notes.
  • Crossings.
  • Endorsements.
  • Collection and payment of Cheques.
  • Liabilities of Parties.