NCERT syllabus Class 11 Business Studies 2022-2023, Download PDF for the Revised Syllabus

NCERT Syllabus for Class 11 Business Studies 2022-2023

NCERT Syllabus for Class 11 Business Studies 2022-2023: Marks distribution

Part A: Foundation of Business

Unit 1: Nature and Purpose of Business

• History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centres, Major Imports and Exports, Position of Indian Sub-Continent in the World Economy.
• Business – meaning and characteristics
• Business, profession and employmentConcept
• Objectives of business
• Classification of business activities – Industry and Commerce
• Industry-types: primary, secondary, tertiary Meaning and subgroups
• Commerce-trade: (types-internal, external; wholesale and retail) and auxiliaries to trade; (banking, insurance, transportation, warehousing, communication, and advertising) – meaning
• Business risk-Concept

Unit 2: Forms of Business organizations

• Sole Proprietorship-Concept, merits and limitations.
• Partnership-Concept, types, merits and limitation of partnership, registration of a partnership firm, partnership deed. Types of partners
• Hindu Undivided Family Business: Concept
• Cooperative Societies-Concept, merits, and limitations.
• Company – Concept, merits and limitations; Types: Private, Public and One Person Company – Concept
• Formation of company – stages, important documents to be used in formation of a company
• Choice of form of business organization

Unit 3: Public, Private and Global Enterprises

• Public sector and private sector enterprises – Concept
• Forms of public sector enterprises: Departmental Undertakings, Statutory Corporations and Government Company.
• Global Enterprises – Feature. Public private partnership – concept

Unit 4: Business Services

• Business services – meaning and types. Banking: Types of bank accounts – savings, current, recurring, fixed deposit and multiple option deposit account
• Banking services with particular reference to Bank Draft, Bank Overdraft, Cash credit. E-Banking meaning, Types of digital payments
• Insurance – Principles. Types – life, health, fire and marine insurance – concept
• Postal Service – Mail, Registered Post, Parcel, Speed Post, Courier – meaning

Unit 5: Emerging Modes of Business

• E-business: concept, scope and benefits

Unit 6: Social Responsibility of Business and Business Ethics

• Concept of social responsibility
• Case of social responsibility
• Responsibility towards owners, investors, consumers, employees, government and community
• Role of business in environment protection
• Business Ethics – Concept and Elements 

Part B: Finance and Trade

Unit 7: Sources of Business Finance

• Concept of business finance
• Owners’ funds- equity shares, preferences share, retained earnings
• Borrowed funds: debentures and bonds, loan from financial institution and commercial banks, public deposits, trade credit, Inter Corporate Deposits (ICD).

Unit 8: Small Business and Enterprises

• Entrepreneurship Development (ED): Concept, Characteristics and Need. Process of Entrepreneurship Development: Start-up India Scheme, ways to fund start-up. Intellectual Property Rights and Entrepreneurship
• Small scale enterprise as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act)
• Role of small business in India with special reference to rural areas
• Government schemes and agencies for small scale industries: National Small Industries Corporation (NSIC) and District Industrial Centre (DIC) with special reference to rural, backward areas

Unit 9: Internal Trade

• Internal trade – meaning and types services rendered by a wholesaler and a retailer
• Types of retail-trade-Itinerant and small scale fixed shops retailers
• Large scale retailers-Departmental stores, chain stores – concept
• GST (Goods and Services Tax): Concept and key-features

Unit 10: International Trade

• International trade: concept and benefits
• Export trade – Meaning and procedure
• Import Trade – Meaning and procedure
• Documents involved in International Trade; indent, letter of credit, shipping order, shipping bills, mate’s receipt (DA/DP)
• World Trade Organization (WTO) meaning and objectives 

NCERT Syllabus for Class 11 Business Studies 2022-2023: PDF Download

NCERT Syllabus for Class 11 Business Studies 2022-2023 PDF 
 

NCERT Syllabus for Class 11 Business Studies 2022-2023: Paper Pattern

Here is the paper pattern for the Class 11 Business Studies syllabus. Candidates can have a look over the same and understand the design of the question paper.

NCERT Syllabus for Class 11 Business Studies 2022-2023: Assessment

Total Marks = 20 Marks
The marks will be awarded as follows-