CBSE Class 11 Business Studies Syllabus 2020-21| Check Latest Exam Pattern
CBSE has released Class 11 Business Studies Syllabus 2020-21. Due to ongoing health crisis, the board has decided reduce the syllabus by removing various topics. The annual board examination will be of 80 marks, with a duration of three hours. There will be project work for 20 Marks.
Units | - | Marks |
Part A | Foundations of Business | - |
1 | Evolution and Fundamentals of Business | 16 |
2 | Forms of Business Organisations | |
3 | Public, Private and Global Enterprises | 14 |
4 | Business Services | |
5 | Emerging Modes of Business | 10 |
6 | Social Responsibility of Business and Business Ethics | |
Total | 40 | |
Part B | Finance and Trade | - |
7 | Sources of Business Finance | 20 |
8 | Small Business | |
9 | Internal Trade | 20 |
10 | International Business | |
Total | 40 | |
- | Theory Paper (Total) | 80 |
Part C | Project Work | 20 |
Unit 1: Evolution and Fundamentals of Business
• Business – meaning and characteristics
• Business, profession and employment-Concept
• 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, types, 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 the formation of a company.
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.
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.
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 for social responsibility
• Responsibility towards owners, investors, consumers, employees, government and community.
Unit 7: Sources of Business Finance
• Business finance: Concept and Importance
• Owners’ funds- equity shares, preferences share, retained earnings, Global Depository receipt (GDR), American Depository Receipt (ADR) and International Depository Receipt (IDR) – concept.
• Borrowed funds: debentures and bonds, loan from financial institution and commercial banks, public deposits,trade credit and funds.
Unit 8: Small Business and Entrepreneurship Development
• Entrepreneurship Development (ED): Concept and Need. Process of Entrepreneurship Development: Start-up India Scheme, ways to fund start-up. Intellectual Property Rights and Entrepreneurship.
• Small scale enterprise – Definition
• 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 of services rendered by a wholesaler and a retailer.
• Large scale retailers-Departmental stores, chain stores – concept.
Unit 10: International Trade
• International trade: concept and benefits
Deleted Topics from Class 11 Business Studies Syllabus 2020-21
• Unit 2: Forms of Business organizations: Choice of form of business organization
• Unit 3: Public, Private and Global Enterprises: Global Enterprises – Feature. Joint ventures, Public
private partnership – concept .
• Unit 4: Business Services: Postal Service - Mail, Registered Post, Parcel, Speed Post, Courier-meaning.
• Unit 5: Emerging Modes of Business: Business Process Outsourcing (BPO): Concept, need and scope.
• Unit 6: Social Responsibility of Business and Business Ethics: Business Ethics - Concept and Elements
• Unit 7: Sources of Business Finance : Borrowed funds: Inter Corporate Deposits (ICD) – Concept.
• Unit 9: Internal Trade: Types of retail-trade-Itinerant and small scale fixed shops retailers, GST (Goods and Services Tax): Concept.
• Unit 10: International Trade: 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.
Unit 11: Project Work
As per CBSE guidelines.
Prescribed Books:
• Business Studies Class XI Textbook
Download Class 11 Business Studies Syllabus 2020-21