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

Class 11 Students should refer to the NCERT syllabus Class 11 Business Studies 2022-2023 before starting their exam preparation. It talks about the marks distribution, unit-wise syllabus, paper pattern, and assessment details for the current academic year. It is important to understand the curriculum so that you can prepare yourself for the exam in a defined manner and as per CBSE Guidelines. Most CBSE-affiliated schools follow NCERT Syllabus. Therefore, it can be very helpful for students in their studies.

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We have provided the revised syllabus along with the details of the units. The NCERT syllabus Class 11 Business Studies 2022-2023 helps the students understand the new structure of the course, which is based on the annual scheme of assessment. You will also find the link to download the Class 11 Business Studies curriculum. We recommend candidates to go through the curriculum, understand it, and begin their exam preparation as soon as possible.   

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-