Maharashtra HSC Vocational BFSI study plan

Map the end-to-end lifecycle of a savings account from account opening (KYC, AOF, introducer norms) through operation and closure, and write the sequence from memory

Distinguish demand deposits from term deposits and compute simple and compound interest on a recurring deposit and a fixed deposit using the standard formulas

List the documents a bank must collect for individual KYC and explain why PAN, address proof, and photograph are mandatory

Walk through cheque types (bearer, order, crossed, account payee) and state which endorsements make each negotiable or non-transferable

Explain the clearing cycle of a cheque, including CTS image-based clearing, return reasons, and the difference between dishonour and stop payment

Describe NEFT, RTGS, IMPS, and UPI in terms of timing, limits, and settlement model, and match each to a realistic customer scenario

Outline the procedure for reporting a lost card or unauthorised transaction and the customer liability rules that apply

Reconcile a simple passbook extract against a list of transactions and identify the entry that caused the mismatch

Define the seven principles of insurance and apply insurable interest and utmost good faith to two short case situations

Distinguish life insurance from general insurance and identify which products fall in each category

Explain sum assured, premium, surrender value, and maturity value using a single term and a single endowment policy example

Describe the claim process for a life policy and a motor policy, naming the documents and the role of the surveyor

Summarise the roles of IRDAI, the Insurance Ombudsman, and the policyholder grievance redressal mechanism

Explain the duties of an insurance agent and the difference between an agent and a corporate agent or broker

Identify mis-selling red flags in a policy illustration and state the disclosure a customer is entitled to

Match three customer complaints to the correct escalation channel and expected timeline

Classify financial institutions by function (central bank, commercial bank, cooperative bank, NBFC) and state one regulatory difference for each

Distinguish money market from capital market instruments and give two examples of each with typical tenor

Explain how a primary issue differs from secondary market trading and what a demat account and depository participant do

Describe the role of SEBI and RBI in the markets and identify which regulator oversees which activity

Read a share price quote and compute the effect of a price change on a holding, including brokerage as a percentage

Prepare a simple personal budget and a two-column cash book from a set of receipts and payments

Explain the accounting equation and post five sample transactions to show assets always equal liabilities plus capital

Distinguish a mutual fund NAV from a share price and explain SIP in two accurate sentences

Draft and role-play a needs-discovery conversation for a savings or insurance product without pitching before asking three questions

Handle three objections (price, trust, complexity) using a structured response and record the wording

Identify the employability skills BFSI employers screen for and write achievement-oriented resume bullets for two of them

Explain the difference between advice and mis-selling in a sales conversation and state the record-keeping obligation

Complete a timed full-length mock covering all eight domains and record the score by domain

Re-teach the two weakest domains from memory in short written notes without referring to the source

Review every wrong answer and write the correct reasoning for each in one sentence

Build a one-page formula and definition sheet for interest, accounting, and insurance terms to revise in the final days