BANKING AND INSURANCE Book B.Com THIRD SEM KUK/CRSU

Unit

Topics

Contact Hours

I

Banking: Concept, Features, Functions, Importance and Principles of Banking; Evolution of Banking in India; Classifications of Banks; Credit Creation, Banking Regulation Act 1949: Major Provisions.

15

II

Indian Banking System: Features, Nationalization of Commercial Banks and its Effects; Reserve Bank of India – Functions, Control of Credit by RBI, Power of RBI; Recent Trends in Indian Banking System.

15

III

Insurance: Concept, Need and Principles of Insurance; Insurance and Economic Development; Life and General Insurance: Principles, Present Status & Growth of Life and General Insurance in India, Claims Settlement Procedure; Regulatory Framework of Insurance.

15

IV

Fire Insurance: Concept, Principles; Fire Insurance Policy, Claims Settlement Procedure; Marine Insurance: Marine Insurance Policy and Claims Settlement Procedures; Accident and Motor Insurance: Policy and Claims Settlement Procedures.

15