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.

Part A Foundations of Business-
1Evolution and Fundamentals of Business16
2Forms of Business Organisations
3Public, Private and Global Enterprises14
4Business Services
5Emerging Modes of Business10
6Social Responsibility of Business and Business Ethics
Part BFinance and Trade -
7 Sources of Business Finance20
8 Small Business
Internal Trade20
10 International Business
Total 40
-Theory Paper (Total)80
Part C Project Work20

Unit 1: Evolution and Fundamentals of Business

• History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centers, Major Imports and Exports, Position of Indian Sub-Continent in the World Economy.
• 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

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