CHSE Odisha Banking & Insurance study plan

Define banking, credit creation and the role of a bank as an intermediary, and write a one-page glossary of 20 core banking terms in your own words.

Distinguish scheduled from non-scheduled banks, and public, private, foreign, cooperative and regional rural banks, by building a comparison table with regulator, ownership and typical customer base.

Trace the structure of the Indian banking system from RBI down to primary cooperative societies and label each layer's main function.

Explain the functions of RBI as regulator, banker to banks, banker to government and lender of last resort, giving one concrete example for each.

List the main types of bank accounts (savings, current, fixed deposit, recurring deposit, NRE/NRO in outline) and state eligibility, interest treatment and withdrawal rules for each.

Explain the banker–customer relationship in its different forms - debtor–creditor, trustee, bailee, agent, lessor–lessee - and match each to a real transaction.

Describe the duties and rights of a banker, including the obligation of secrecy and the legitimate exceptions to it, and the right of set-off and lien.

Outline the process of opening an account, KYC requirements and the special handling of accounts of minors and joint holders.

Classify deposits by tenure and purpose, and compute simple and compound interest plus maturity value on a fixed deposit and a recurring deposit for three worked examples.

Distinguish the principles of lending - safety, liquidity, profitability, purpose, security - and apply them to judge three sample loan requests.

Compare the main loan products (cash credit, overdraft, term loan, demand loan, bill discounting) by security, repayment and typical borrower.

Explain the types of securities and modes of creating charge on them, including pledge, hypothecation, mortgage and lien, with one example each.

Summarise the priority sector lending idea and the role of credit appraisal and follow-up in containing non-performing assets.

Define a negotiable instrument and state the three statutory types with their essential features and the presumptions that apply to them.

Explain the rules of crossing, endorsement, holder in due course, payment in due course and the consequences of dishonour for a cheque.

Describe the clearing process, collection of cheques and the banker's statutory protections and responsibilities when paying or collecting.

Map modern payment systems - RTGS, NEFT, UPI, IMPS, cards, NACH and digital wallets - by settlement timing, use case and the regulator or operator behind each.

Define insurance, explain risk pooling and the principle of insurable interest, and distinguish insurance from gambling and from hedging.

Explain the core principles of insurance - utmost good faith, indemnity, subrogation, contribution, proximate cause - and show which apply to life and which to non-life business.

Describe the main life insurance products (term, endowment, whole life, money-back, annuity, ULIP) and match each to a stated customer need.

Explain the key life insurance terms - sum assured, premium, policy term, surrender value, nomination, assignment, revival and policy loan - using a sample policy schedule.

Explain the principles and structure of general insurance, covering fire, marine, motor, health, crop and liability lines, and identify what each typically covers and excludes.

Describe the roles of agents, corporate agents, brokers, surveyors, third-party administrators and web aggregators in the insurance distribution chain.

Outline the functions and powers of IRDAI, including licensing, solvency, product approval, grievance redressal and the policyholder protection framework.

Summarise the main duties of an insurance intermediary towards the customer, especially disclosure, suitability and commission transparency.

Re-read your own notes for the five banking domains and rewrite each domain's key ideas as a single condensed page.

Solve 100 mixed practice questions across the banking domains and log every wrong answer with the correct fact beside it.

Re-drill the logged errors until you can restate each corrected fact without looking at your notes.

Time yourself on two 30-question sets to build pacing for the exam format.

Condense the four insurance domains into a single revision sheet covering definitions, principles, products, intermediaries and IRDAI functions.

Solve 80 mixed practice questions across the insurance domains and correct every mistake in your error log.

Practise five full-length mixed mock tests under exam timing and record the domain-wise accuracy of each.

Review only your weakest two domains in the final two days and stop introducing new material.