WBCHSE HS Vocational Banking, Financial Services and Insurance case studies
WBCHSE HS Vocational Banking, Financial Services and Insurance · Put your knowledge to work in context.
The WBCHSE Higher Secondary Vocational course in Banking, Financial Services and Insurance (BFSI) is a two-year vocational stream subject offered under the West Bengal Council of Higher Secondary Education. It is designed for Class XI and XII students who want a school-leaving qualification with a work-oriented skill component rather than a purely academic elective. The WBCHSE HS Vocational Banking, Financial Services and Insurance case studies are 5 cases and about 4,418 words.
1The 'Former or Survivor' Account After the First Holder Dies
Mahesh Verma and his younger brother Ashok opened a joint savings account at a semi-urban branch in 2014 with the mandate 'Former or Survivor'. Mahesh, the first-named holder, died on 12 March without leaving a will.
876 words, about 4 min2Fire Claim with Under-insurance and an Undeclared Flammable Stock
Sunita runs a hardware and paint shop in a small town. In June she insured her stock against fire for a sum insured of ₹6,00,000 and described the premises in the proposal as a rented brick-and-mortar shop.
877 words, about 4 min3Structuring, a Mule Account and a Supervisor in a Hurry
A customer, Bimal Das, 34, opens a savings account at a metro branch in his own name with an address in another state, quoting a mobile number that is already registered against another customer's account. Over the next eleven days the account receives three cash deposits - ₹3,40,000, ₹3,60,000 and ₹3,50,000 - made at two different branches, each time in bundles of ₹49,000.
852 words, about 4 min4Two UPI Debits, One OTP and a 'Recovery Agent'
Kamala, 63, a retired schoolteacher, keeps about ₹1,20,000 in a savings account linked to UPI on her phone. A man calls her, says he is from the bank's 'KYC update team' and warns that her account will be frozen unless she approves a ₹18,000 verification request that appears on her screen.
824 words, about 4 min5A Retirement Corpus, Three Advisers and ₹5,000 a Month
Rekha Sengupta, 60, retires next month with ₹9,00,000 from her provident fund and no pension. She needs about ₹5,000 a month for household expenses and wants money ready for her daughter's wedding in four years.
989 words, about 5 min