Money and Banking

• Meaning, Types, Functions, Importance, and Evils of Money.
• Money and a Near Money- comparison.
• Concept of Velocity and Value of Money.
• Measurement of change in the value of money.
• Central Bank- Structure, organization, and Functions of RBI
• Practical: Create a presentation exploring money's functions and the RBI's role, with group discussions on its significance in the economy.

• Factors affecting the demand for money.
• Supply of Money- Determinants of Supply of Money.
• RBI’S measure of the money stock. Narrow Money and Broad Money,
• New monetary aggregates, Liquidity aggregates.
• Monetary Policy of India
• Practical: Make a report analyzing factors influencing money demand and supply, presenting findings and policy recommendations.

• Meaning, Types of Banks, Functions.
• Banking Products and Services –Types of Deposits, Third-party products offered by banks.
• Types of loans and advances offered by banks- Securities for banker's advances and Loans-
• Modes of Charging Securities Lien, Pledge, Mortgage, Hypothecation, etc
Practical: Conduct a case study on a bank's operations, presenting findings on loan types, securities, and customer interactions

• Types of relationships,
• Banker’s rights and duties, garnishee order.
• Innovative Banking –Meaning, Significance and Features
• Channels of Banking - ATM, internet, mobile, phone banking, POS
• Payment mechanism of Banks - cheques, demand drafts, plastic cards NEFT, RTGS, IMPS, SWIFT, ECS, payment wallets
• Practical: Explore innovative banking channels through hands-on activities or demonstrations

• Promissory note, Bills of Exchange, and Cheque. - Concept, Feature, Parties, and Types.
• Endorsement – Meaning and Types.
• Presentment and acceptance: - Meaning, Purpose (acceptance, sight & Payment) Time, and place of Presentment.
• Banking Regulation Act: An overview
• Practical: Engage in interactive discussions on negotiable instruments and the Banking Regulation Act, relating concepts to real-world banking scenarios