Maharashtra HSC Bifocal Banking study plan

Distinguish the banker–customer relationship types (debtor–creditor, trustee, bailee, agent, lessor–lessee) and give one concrete Indian banking example of each

Explain how the relationship changes when a customer deposits versus borrows, and identify the rights and obligations of each party in both directions

Map the structure of the Indian banking system from apex institution to cooperative and regional rural banks, naming at least six institution categories and their regulators

Define the key statutory anchors - Banking Regulation Act 1949, RBI Act 1934, and the meaning of 'banking' as accepting deposits of money repayable on demand

Draft a one-page comparison table of savings, current, fixed and recurring deposit accounts covering eligibility, withdrawal rules, interest treatment and typical users

List the special types of customers (minor, joint account holders, partnership firm, company, trust, unincorporated association, illiterate person, non-resident) and state the precautions a banker must take for each

Apply the rules for opening and operating accounts for minors, including the age thresholds and the effect of attaining majority

Describe the procedure for closing an account and the circumstances in which a banker may terminate the relationship

Outline the RBI's core functions: note issue, banker to government, banker's bank, lender of last resort, custodian of foreign reserves and credit controller

Explain the RBI's supervisory and regulatory instruments - CRR, SLR, repo and reverse repo, bank rate, open market operations - and state what each does to liquidity

Outline the RBI's customer-protection and grievance-redressal machinery, including the Integrated Ombudsman Scheme

Define a negotiable instrument and state the three statutory characteristics - transferability by delivery or endorsement, free from equities, and the holder in due course's title

Distinguish a cheque, a bill of exchange and a promissory note on parties, drawer's liability, acceptance and stamp requirements

Classify cheques by crossing (general, special, account payee, not negotiable) and by endorsement, and explain the practical effect of each on payment

Identify the grounds for dishonour of a cheque and outline the consequences of dishonour for insufficiency of funds, including the notice and complaint timeline under the NI Act

Compare savings, current, fixed and recurring deposits on interest rate, liquidity, minimum balance and suitability, and compute the maturity value of a fixed deposit and the interest earned on a recurring deposit

Explain the difference between demand and time liabilities and how each feeds into CRR and SLR computation

State and explain the principles of sound lending - safety, liquidity, profitability, purpose, security, diversification and spread - and apply them to a short case

Distinguish the forms of lending: cash credit, overdraft, demand loan, term loan and bill discounting, stating when each is appropriate

Classify the types of security (pledge, hypothecation, mortgage, lien, assignment) and identify which form fits which collateral

Compute simple interest, compound interest, and interest on a diminishing-balance loan, and derive the EMI for a given principal, rate and tenor

Record basic bank journal entries for deposit acceptance, loan disbursement and interest accrual, and identify which side of the balance sheet each affects

Explain the components of a bank's balance sheet and the meaning of CRAR and NPA in one or two lines each

Differentiate commercial banks, cooperative banks, regional rural banks, payments banks, small finance banks, development finance institutions and NBFCs on permitted activities and regulatory treatment

Describe the role of NABARD, SIDBI, EXIM Bank and NHB in one precise sentence each, including what they refinance or promote

Trace the mechanics of NEFT, RTGS, IMPS and UPI, stating the settlement timing, typical use case and any limit that applies to each

Explain card-based payments, mobile wallets, AePS and BBPS, and identify the security controls - two-factor authentication, PIN, tokenisation - that protect them

List the main categories of cyber fraud affecting bank customers and the standard precautions and reporting channels a customer should use

Explain financial inclusion and name the specific schemes and mechanisms - PMJDY, PMJJBY, PMSBY, APY, Mudra, Stand Up India, Business Correspondents and banking correspondents' kiosks - with the benefit each provides

Describe the RBI's consumer-protection framework: fair practices code, transparent charges, the grievance escalation ladder from branch to nodal officer to ombudsman

Outline the Integrated Ombudsman Scheme's scope, the complaint route, and the time limits a complainant must observe

Explain KYC requirements, the role of the Central KYC Registry, and the simplified KYC route for small accounts

Connect RBI's regulatory instruments back to financial inclusion and customer protection, explaining how priority sector lending targets and no-frills accounts advance inclusion

Consolidate all ten domains into a single one-page concept map showing how a deposit becomes a loan and how the RBI instruments constrain the process

Re-attempt every previously missed flashcard and calculation, and re-derive each formula from first principles rather than memory

Answer three full-length practice papers under timed conditions and record the score per domain

Identify the two weakest domains from the practice scores and write a targeted 15-item revision list for each

Revise the highest-weight domains (4, 6, 7, 8, 2, 10) using only the condensed notes, at a rate of one domain per sitting

Re-solve the five calculation types cold, without referring to worked examples, and check against the week 4 answer key

State from memory the statutory timelines, limits and thresholds used across the syllabus - cheque validity, dishonour notice period, ombudsman limits, RTGS minimum, minor account age rules

Complete one final full-length mock and review every error to its root cause rather than just the correct answer