BPSC | 72nd BPSC Foundation | Economics Demo Class | Banking System Explained | Prashant Sir

Описание: BPSC | 72nd BPSC Foundation | Economics Demo Class | Banking System Explained | Prashant Sir#bpsc #civilserviceexam #bpscprelims #economy

Welcome to IAS PCS by The Officer’s Academy, the most reliable platform for BPSC Foundation, 72nd BPSC GS, and Economics Concept Classes.
In today’s Demo Class, Prashant Sir explains one of the most important topics in Indian Economy:

“Banking System of India – Structure, Functions & Mechanism”

A repeatedly asked topic in BPSC Prelims, Mains (GS-III), SSC, Railway, and other exams.

📘 What You Will Learn in This Banking System Class:
1️⃣ Structure of Indian Banking System

✔️ Scheduled banks
✔️ Non-scheduled banks
✔️ Public sector banks
✔️ Private sector banks
✔️ Cooperative banks
✔️ Regional Rural Banks (RRBs)

2️⃣ Role of the Reserve Bank of India (RBI)

• Functions of RBI
• Monetary policy
• Repo, reverse repo, CRR, SLR
• Ways and Means Advances
• Currency management
• Regulation of banks

3️⃣ Commercial Banks – Meaning & Functions

✔️ Accepting deposits
✔️ Granting loans & advances
✔️ Credit creation process
✔️ Investment & lending functions
✔️ Role in economic development

4️⃣ Types of Banking Services

• Retail banking
• Internet/mobile banking
• Priority sector lending
• Payment systems
• NEFT, RTGS, IMPS

5️⃣ Financial Institutions (Basic Overview)

• NABARD
• SIDBI
• EXIM Bank
• NHB

6️⃣ Banking Reforms & Policies

✔️ Nationalization of banks
✔️ BASEL norms
✔️ Financial inclusion (Jan Dhan Yojana)
✔️ Digital India & UPI revolution

7️⃣ Exam-Focused Segment:

✔️ BPSC PYQs on Banking
✔️ Expected MCQs for 72nd BPSC
✔️ One-liner facts
✔️ Concept charts for quick revision

This class is extremely useful for building a strong foundation in Economics for competitive exams.

⭐ Why Watch This Demo Class:

🔹 Simple explanation of complex concepts
🔹 100% NCERT + standard book aligned
🔹 Great for beginners & revision
🔹 Taught by Prashant Sir, expert Economics faculty
🔹 Builds GS fundamentals for BPSC

🔥 Hashtags:

#bpsc #bpsc72nd #bpscfoundation #economicsclass #bankingsystem #indiabanking #rbi #commercialbank #prashantsir #bpscgs #gkgs #indianeconomy #ssc #railwayexam #tre4 #upsc #theofficersacademy