WELCOME

MOOC
PRESENTATION
TOPIC:BANKING AND
INSURANCE
SUBMITTED TO: MS ANJALI SHAHI SUBMITTED BY: KARTIK BARTHWAL
STUDENT ID:- 2126185
SECTION: E
 ABOUT THE COURSE
 TOPIC: BANKING AND INSURANCE.
 DURATION: 6 WEEKS.
 DATE OF REGISTRATION: Mon Dec 25 2022
 STARTING DATE: Mon Jan 31 2022.
 END DATE: Wed 9 Mar 2022.
 WEEK WISE TOPIC

 WEEK 01: INTRODUCTION TO BANKING AND

INSURANCE.
 WEEK 02: DEPOSIT ACCOUNTS
 WEEK 03: LENDING PRINCIPLES AND NEGOTIABLE
INSTRUMENTS.
 WEEK 04: TECHNOLOGY IN BANKS.
 WEEK 05: INTRODUCTION TO INSURANCE.
 WEEK 06: INSURANCE IN THE CONTEMPORARY
CONTEXT.
WHAT I LEARNT
ORIGION OF BANK
CLASSIFICATION OF BANK
FUNCTION OF RBI
CHEQUES
E-BANKING
MOBILE BANKING
TYPES OF CARDS.
EFT PAYMENT.
ECS PAYMENT.
INSURANCE.
ECONOMIC FUNCTION.
TYPES OF INSURANCE.
GLOBALIZATION AND
PRIVATIZATION.
 WEEK: 01
 ORIGIN OF BANKS:- The word "bank" is commonly
regarded as derived from the Italian word banco. The history
of banking began with the first prototype banks which were
the merchants of the world, who gave grain loans to farmers
and traders who carried goods between cities. This was around
2000 BC.

 CLASSIFICATION OF BANKS:- Banks are classified into

classified into four categories – Commercial Banks; Small
Finance Banks; Payments Banks; Co-operative Banks;
Commercial Banks can be further classified into public sector
banks, private sector banks, foreign banks and Regional Rural
Banks (RRB). On the other hand, cooperative banks are
classified into urban and rural.
 WEEK: 02
 FUNCTION OF RBI:- RBI stands for Reserve bank of
india. RBI’s functions has been as follows:-
1:- Regulate the issue of bank notes (& coins).
2:- Keeping Reservers.
3:- Ensuring Monetary Stability.
4:- Operating Currency & Credit System.

 CHEQUES:- A cheque is a piece of document/paper which

orders the bank to transfer money from the bank account of
an individual or an organisation to another bank account.
The person who writes the cheque is called the “drawer” and
the person in whose name the cheque has been issued is
called the “payee”.
 WEEK: 03
 E-BANKING:- E-banking also known as net banking or
internet banking is an electronic payment system wherein
customers of a given bank can perform all
their banking transactions. In other words, e-banking refers to all
the financial transactions undertaken by any financial institution
over the internet.

 MOBILE BANKING:- The broadest definition of mobile banking

refers to any banking activities conducted on a cell phone.
Common functions of mobile banking include receiving text alerts
for fraudulent activities, accessing your account via the bank’s
app, and using the bank’s website on your mobile device.
 WEEK: 04
 TYPES OF CARDS :- There are three types of cards:-
(a) Debit cards - They are associated with Bank account and
allow you to pay in both physical and online store and to
withdraw cash.
(b) Credit cards - These cards help to cover all expenses
within a certain time or credit limit.
(c) Prepaid cards - These cards can loaded with the amount
you want to make purchases of product and services, within
limits established by bank itself.
(d) Virtual cards – These cards are designed to make online
purchases, avoiding use of cash or cards.
 EFT PAYMENT:- An electronic funds transfer (EFT), or
direct deposit, is a digital movement of money from one
bank account to another. These transfers take place
independently from bank employees. As a digital
transaction, there is no need for paper documents.

 ECS PAYMENT:- ECS is used for affording credits to a

large amount of beneficiaries by raising a single debt to
a account such as divided , interest or salary payment .
ECS is used for raising debits to a numbers of account of
consumers for creating a particular insitution.
 WEEK: 05
 INSURANCE:- An arrangement by which a
company or the state undertakes to provide a
guarantee of compensation for specified Loss,
Damage, Illness, or Death in return for payment of
a specified premium.

 SUBROGATION:- Right transfer request from the

insured to the insurer after a claim is paid.
 CONTRIBUTION:- While the insurer the right
to invite any other person equally bear, but do
not have the same obligations to insured to
participate in providing indemnity.

 PROXIMATE CAUSE:- This is active cause,

efficient causes the chain of event that leads to
a result without the intervention of the start
and working actively from a new and
independent.
 WEEK:06
 TYPES OF INSURANCE:-
1:- Life Insurance.
2:- Property Insurance.
3:- Liability Insurance.
4:- Marine Insurance.
5:- Social Insurance.
6:- Fire Insurance and
7:- Guarantee Insurance.
 GLOBALIZATION;- Globalization or globalisation is
the process of interaction and integration between
people, companies, and governments
worldwide. Globalization has grown due to advances in
transportation and communication technology.

 PRIVATIZATION:- It is describes the process by

which a property or business goes from being owned
by the government to being privately owned.
Privatization also describes the transition of a company
from being publicly traded to becoming privately held .
THANK YOU