FINANCE SYLLABUS [AHSEC CLASS 12 SYLLABUS 2023-24]

FINANCE SYLLABUS

SYLLABUS FOR HIGHER SECONDARY FINAL YEAR COURSE

AHSEC CLASS 12 SYLLABUS 2023-24

FINANCE SYLLABUS

FOR HIGHER SECONDARY SECOND YEAR COURSE

W.E.F. SESSION: 2023-24

Theory: 80 Marks

Time: Three Hours Project: 20

Unit-1: Financial Institutions: Marks: 20

Organisation and Management of RBI- Introduction, objectives of establishment of the RBI, Organisation and Management of RBI, Administrative Departments of the RBI.

Functions of the RBI- Traditional, Supervisory, Promotional; Prohibited function of the RBI. System of Note issue of the RBI- Proportionate Reserve System and Minimum Reserve System.

Credit Control Techniques of RBI-Introduction, Objectives of credit control, methods of credit control- Quantitative Credit control techniques and Qualitative Credit control techniques.

Role of RBI in the Economic Development of India- Promotional role, RBI and industrial finance, RBI and agricultural finance.

Development Financial Institutions-IFCI-objectives and functions, SFCs objectives and functions, SIDCs-objectives and functions, NABARD-objectives and functions.

Unit-2: Money Market and Foreign Exchange Market: Marks: 20

Money Market- Introduction, meaning and definition, features, submarkets/composition, institutions, functions and importance, characteristics of a developed money market, differences between money market and capital market, similarities of money market and capital market.

Indian Money Market- Structure and defects of Indian Money Market, instruments traded in the Indian Money Market, lenders and borrowers of Indian Money Market.

Foreign Exchange Market- Meaning of foreign exchange; meaning, features, functions, participants and types of foreign exchange market.

Unit-3: Capital Market: Marks: 20

Capital Market- Meaning, features, functions.

New Issue Market (NIM) or Primary Market-Meaning and functions of NIM, methods of issue in the NIM, intermediaries in the NIM, advantages and disadvantages of NIM.

Stock Exchange or Secondary Market- Meaning, features, functions. Listing of securities-objectives, formalities, conditions. Stock broker-meaning, qualifications, registration, functions, kinds of brokers, Sub broker.

Methods of Trading in a Stock Exchange- Methods of trading stock, benefits of online stock trading, steps in the trading and settlement procedures, stock indices, need for indices, some key terms.

Unit-4: Financial Services: Marks: 20

Modern Banking Services Credit card and Debit card, E-banking - meaning, utilities, advantages and disadvantages. Mobile banking, ATM - functions and advantages.

Lease- Meaning and definition, types of lease-finance lease and operating lease, meaning and features of finance lease and operating lease, differences between finance lease and operating lease, advantages and disadvantages of lease finance to lessor and lessee.

Hire-Purchase - Meaning, features, advantages and disadvantages.

Mutual Fund- Meaning, classification -on the basis of operation and on the basis of yield and investment pattern, benefits of investing in mutual fund, differences between open-ended and close-ended mutual fund, mutual funds in India.

Venture Capital and Factoring – Meaning, features and importance of venture capital. Factoring-Meaning, functions and types, steps involved in factoring services, benefits of factoring services.

Fee-based Financial Services- Stock broking-meaning and functions of stock broker, Credit Rating- meaning, factors, process, advantages and disadvantages.

Merchant Banking-introduction, role and functions, differences between merchant bankersand commercial banks.

AHSEC - CLASS 12 REVISED SYLLABUS 2024 Exam

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