LESSON PLAN

Student Saniya Mhate Tilak Junior College, Vashi

Teacher Practicing
Name: School:

Roll No: 12 Std: XII Div: D Subject: Organisation of Commerce and

Management

Lesson Total Lesson Date:9-7-2021 Time:40 mins

No.:2 No.:02-02

Topic: Business Service Sub Topic: Business services Introduction,Banking its

meaning and explanation and types of banks.

Previous Pupils are aware about different types of business services and features of
Knowledge: services.

Teaching Aid: PPT related to the topic, Video related to the history of Banking and meaning,
Debit and Credit cards to show for E banking services

Methodology: Lecture cum discussion method-Online

General Objectives: Specific Objectives:

Knowledge: The pupil acquires the knowledge of
concepts, facts, terms, ideas related to commerce.
Understanding: The pupil develops an
understanding of facts, terms, principles of
commerce.
Application: The pupil applies his knowledge and
understanding of commerce in new and unfamiliar
situations.
Skill: The pupil develops practical skills involved in
the study of commerce.
Knowledge : The Pupil learned the meaning of
Banking and E-banking services.
Understanding : The Pupil learns how a bank
operates and elements of E-banking facilities.
Application- The Pupil learns to apply his
knowledge in daily life.
Skill- The Pupil develops the skill of listening and
observing.

Set Induction: Teacher trainee does set induction by demonstration and by asking question.

Teacher’s Presentation Pupil’s Expected Response

1. What can you see ? 1.Money

2.When I have a huge amount of money to save where can I save 2.Banks.
it?

Statement of Aim: So, today we are going to learn about Banks.

Content Teacher’s Activities Student’s

(Teaching Points) Activities
 Business Services: Teacher Trainee starts explaining, Pupil Listen

Business cannot be operated

Students as we saw in the previous class there
in an isolated manner. It requires
some activities which facilitate are various services which help to run a
business to grow rapidly. Business business. The most important service of
services are those services which business are banks.
help business to grow and help
business to function seamlessly.
Types of Business Services:
Pupil Listen
There are various types of
services depending upon their
nature and purpose. Some of the
important services are as follows.
1.Banking
2.Insurance
3.Communication
4.Transport
5.Warehousing Pupil replies
Teacher Trainee starts explaining concept of debit cards,
Let us study the first service in detail- how banks function in a story telling format depositing our
Banking using P.P.T. and Questions the students about savings, etc
various baking services they are aware off ?
1. BANKING
Pupil Listen
4.5.1Meaning: Pupil observe
A bank is a financial
institution which deals with
deposits and advances and other
related services. Bank provides
various services related to money
or financial requirements of
consumers.
As per The Indian Banking
Regulation Act, 1949 banking
company means "any company
which transacts the business of Pupil Listen
banking in India" and the word
banking has been defined as
"accepting for the purpose of
lending or investment of deposits of
money from public, repayable on
demand or otherwise, and
withdrawable by cheque, draft and
order or otherwise. "

HISTORY OF BANKS
 Teacher Trainee starts explaining the history
of banks Banking and the history of banking by
The term Bank comes from
the French word 'Banco' which showing the video.
means a 'bench'. In earlier days, Pupil Listen
money-lenders used to display
coins of different currencies in big
heaps or benches or tables for the
purpose of lending or exchanging.

TYPES OF BANKS

1) Central Bank :
The central bank is the apex Teacher Trainee explains the concept of Pupil Listen
financial institution in central bank with the help of example of
banking industry in the principal of the school it is the head of all the
country. Every country has
banks it makes rules of the banks.
their own central bank. In
India, The Reserve Bank of
India (RBI) is the central
bank. The RBI was
established in 1935 under the
Reserve Bank of India Act,
1934.Some functions of RBI
are as follows:
i) Frames monetary policy
ii) Issues currency notes
iii) Acts as a banker to the
Government
iv) Acts as a banker's bank to
commercial and other banks in India.

Pupil Listen
2) Commercial Bank:
The commercial banks play Teacher Trainee explains
an important role in The primary function of money of accepting of
economic and social deposits and lending of money.
development of a country. And the secondary functions of utility functions
Commercial banks perform [locker service, issuance of cheques]
important functions such as: and agency function with examples [collection
Primary Functions i.e. and payment of bills, income tax facility,
accepting of deposits and transfer of funds]
lending of money and
Secondary Functions
i.e. agency functions and
utility functions. In India,
commercial banks are divided
into three groups:
 a) Public sector banks where
majority of capital is held by Teacher Trainee explains Pupil Listen
government such as Bank of the concept of types of banks by explaining the
India, State Bank of India etc. ownership concept of banks by public
b) Private sector banks are [government],private[people own with shares]
owned by group of and foreign bank[means banks outside the
individuals such as AXIS country having their branches in india].
bank, HDFC bank etc.
c) Foreign banks are those banks
which are established outside India but
these banks have branches in India such
as Citi bank, HSBC, Standard Chartered
etc.
3) Co-operative Bank:
In India, co-operative banks Teacher Trainee explains Pupil Listen
are registered under Indian That these are the banks of rural areas or semi
Co-operatives Societies Act urban areas to promote backward people.
and regulated under Banking These banks promote our nations goal to
regulation Act. Co-operative
remove the barrier between the rich and
banks are popular in semi-
urban and rural areas. The poor.
main aim of co-operative
bank is to provide credit to [core element is introduced]
economically backward
people, farmers and small
scale units. Generally, the co-
operative bank works at three
different levels:
a)Primary Credit Societies:
Primary Credit Co-operative
society's work at village
level. They collect deposits Teacher Trainee explains
from members and common the relationship of the functioning of these
public. They also get funds banks. 1. They collect deposits from people and
from the State Co-operative
receive funds from State Co-operative Bank
Bank and District Co-
and District Co-operative Banks
operative Banks for the
they work at village level.
purpose of lending.
b) District Central Co-
operative Bank:
These banks operate at Teacher Trainee explains
district level. They obtain
deposits from the public at
the district level and also get They obtain deposits from the public at the
funds from the State Co- district level and also get funds from the
operative Bank for the State Co-operative Bank for the purpose of
purpose of lending. lending.
 Teacher Trainee explains
c) State Co-operative
Bank: They monitor over district bank and credit Pupil Listen

This bank operates at state level. They cooperative societies.

provide funds to central co-operative . They provide funds to central co-
bank and primary credit societies as operative bank and primary credit societies
required. State co-operative bank also as required.
performs function of monitoring over
district bank and credit cooperative
societies.
4) Industrial Development Teacher Trainee explains Pupil Listen
Banks: They are institutions which provide funds to
These are financial business firms.eg- Corporation of India (IFCI),
institutions that provide State Finance Corporation (SFC), Maharashtra
medium and long term funds State Finance Corporation(MSFC) etc.
to the business firms
Examples of development
bank are Industrial Finance
Corporation of India (IFCI),
State Finance Corporation
(SFC), Maharashtra State
Finance Corporation(MSFC)
etc. Some functions of
development bank are as
follows:
i) Provision of medium and
long term funds to business
units for the purpose of
expansion and modernisation.
ii) Underwriting of shares
issued by public limited
companies.
iii) Purchase of debentures
and bonds.
.
.
Content Teacher’s Activities Student’s Activities
(Teaching Points)
Core Element: Protection of Environment
Removal of Social Barriers
The core element emphasises on the
education of social barriers like casteism
VALUE: -Practical value
This gives the pupil the practical
knowledge of the banking system in our
 religion, rich – poor, superstitions, country and the benefits we can get from
language, labour etc. to realize the it.
nation’s goal of an integrated and
casteless society for progress of the
nation.
.

Closure: So, students today we studied about banking and types of banks.

RECAP:-

Q1) Answer in full sentences;-

a) What is bank?
b) Which services do commercial banks provide?
c) How net banking and mobile banking helps a customer?
d) What is the main function of RBI?
Q2)Fill in the blanks;-

1. __________are financial institutions that provide medium and long term funds to the business firms.
[ Industrial Development Banks]
2. The term Bank comes from the French word __________['Banco']
3. The term Bank comes from French word banco which means a __________.['bench']

4. __________ Issues currency notes.[RBI]

Assignment:

Q1) Define Banking ?

Q2) Find out the name of central banks of other countries apart from india?
 Black Board Work:
Date: 09/07/2021 Class: XIIth A
Subject-Commerce
Topic: Business Services
Sub Topic: BANKS and TYPES OF BANKS
Definition of Banking: A bank is a financial institution which deals with deposits and advances and
other related services. Bank provides various services related to money or financial requirements of
consumers.
As per The Indian Banking Regulation Act, 1949 banking company means "any company which
transacts the business of banking in India" and the word banking has been defined as "accepting for the
purpose of lending or investment of deposits of money from public, repayable on demand or otherwise,
and withdrawable by cheque, draft and order or otherwise. "

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