CBSE Class 11 Business Studies Syllabus 2022-2023 (NEW SYLLABUS)

Syllabus of Business studies class 11 CBSE Board (2022-23)

Theory: 80 Marks
Project: 20 Marks
Time: 3 Hr

Part AFoundations of Business
1Nature and Purpose of Business18
2Forms of Business Organisations2416
3Public, Private, and Global Enterprises18
4Business Services1814
5Emerging Modes of Business10
6Social Responsibility of Business and
Business Ethics
Part BFinance and Trade
7Sources of Business Finance30
8Small Business1620
9Internal Trade30
10International Business1420
Project work3020

Part A: Foundation of Business

The concept includes meaning and features

Unit 1: Evolution and Fundamentals of Business

ContentAfter going through this unit, the
student/ learner would be able to:
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.
To acquaint the History of Trade
and Commerce in India
Business – meaning and characteristicsUnderstand the meaning of
business with special reference to
economic and non-economic
Discuss the characteristics of
Business, profession, and employment ConceptUnderstand the concept of
business, profession and
Differentiate between business,
profession and employment.
Objectives of businessAppreciate the economic and social
objectives of the business.
Examine the role of profit in
Classification of business activities –
Industry and Commerce
Understand the broad categories of
business activities- industry and
Industry types: primary, secondary, tertiary
Meaning and subgroups
Describe the various types of
Commerce-trade: (types-internal, external;
wholesale and retail) and auxiliaries to
trade; (banking, insurance, transportation,
warehousing, communication, and
advertising) – meaning
Discuss the meaning of commerce,
trade and auxiliaries to trade.
Discuss the meaning of different
types of trade and auxiliaries to
Examine the role of commerce trade and auxiliaries to trade.
Business risk-ConceptUnderstand the concept of risk as a
the special characteristic of the business.
Examine the nature and causes of
business risks.

Unit 2: Forms of Business organizations

Sole Proprietorship-Concept, merits and
List the different forms of business
organizations and understand their

Identify and explain the concept,
merits and limitations of Sole
Partnership-Concept, types, merits and
limitation of partnership, registration of a
partnership firm, partnership deed. Types
of partners
Identify and explain the concept,
merits and limitations of a
Partnership firm.

Understand the types of
partnerships on the basis of duration
and on the basis of liability.
State the need for registration of a
partnership firm.

Discuss types of partners –active,
sleeping, secret, nominal and
partner by estoppel.
Hindu Undivided Family Business:
Understand the concept of Hindu
Undivided Family Business.
Cooperative Societies-Concept, merits,
and limitations.
Identify and explain the concept,
merits and limitations of
Cooperative Societies.

Understand the concept of
consumers, producers, marketing,
farmers, credit and housing cooperatives
Company – Concept, merits and limitations;
Types: Private, Public and One Person
Company – Concept
Identify and explain the concept,
merits and limitations of private and
public companies.

Understand the meaning of one
person company.

Distinguish between a private
company and a public company.
Formation of company – stages, important
documents to be used in formation of a
Highlight the stages in the
formation of a company.

Discuss the important documents
used in the various stages in the
formation of a company.
Choice of the form of business organizationDistinguish between the various
forms of business organizations.

Explain the factors that influence
the choice of a suitable form of
business organization.

Unit 3: Public, Private and Global Enterprises

Public sector and private sector
enterprises – Concept
Develop an understanding of Public
sector and private sector
Forms of public sector enterprises:
Departmental Undertakings, Statutory
Corporations and Government Company.
Identify and explain the features,
merits and limitations of different
forms of public sector enterprises
Global Enterprises – Feature. Public
private partnership – concept.
Develop an understanding of global
enterprises, public-private
partnership by studying their
meaning and features.

Unit 4: Business Services

Business services – meaning and types.
Banking: Types of bank accounts –
savings, current, recurring, fixed deposit
and multiple option deposit account
Understand the meaning and types
of business services.

Discuss the meaning and types of
Business service Banking

Develop an understanding of
difference types of a bank accounts.
Banking services with particular reference
to Bank Draft, Bank Overdraft, Cash credit.
E-Banking meaning, Types of digital
Develop an understanding of the
different services provided by
Insurance – Principles. Types – life, health,
fire and marine insurance – concept
Recall the concept of insurance

Understand Utmost Good Faith,
Insurable Interest, Indemnity,
Contribution, Doctrine of
Subrogation and Causa Proxima as
principles of insurance

Discuss the meaning of different
types of insurance-life, health, fire,
marine insurance.
Postal Service – Mail, Registered Post,
Parcel, Speed Post, Courier – meaning
Understand the utility of different
telecom services

Unit 5: Emerging Modes of Business

E-business: concept, scope, and benefitsGive the meaning of e-business.
Discuss the scope of e-business.
Appreciate the benefits of ebusiness
Distinguish e-business from
traditional business.

Unit 6: Social Responsibility of Business and Business Ethics

Concept of social responsibilityState the concept of social
Case of social responsibilityExamine the case for social
Responsibility towards owners, investors,
consumers, employees, government, and community.
Identify the social responsibility
towards different interest groups.
Role of business in environment protectionAppreciate the role of business in
environment protection.
Business Ethics – Concept and ElementsState the concept of business

Describe the elements of business

Part B: Finance and Trade

Unit 7: Sources of Business Finance

Concept of business financeState the meaning, nature and
importance of business finance.
Owners’ funds- equity shares, preferences
share retained earnings
Classify the various sources of
funds into owners’ funds.

State the meaning of owners’
Borrowed funds: debentures and bonds,
a loan from a financial institution and
commercial banks, public deposits, trade
credit, Inter Corporate Deposits (ICD).
State the meaning of borrowed

Discuss the concept of debentures,
bonds, loans from financial
institutions and commercial banks,
Trade credit and inter-corporate

Distinguish between owners’ funds
and borrowed funds.

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
Understand the concept of
Entrepreneurship Development
(ED), Intellectual Property Rights
Small scale enterprise as defined by
MSMED Act 2006 (Micro, Small and
Medium Enterprise Development Act)
Understand the meaning of small
Role of small business in India with special
reference to rural areas
Discuss the role of small business
in India
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
Appreciate the various Government
schemes and agencies for
development of small scale
industries. NSIC and DIC with
special reference to rural, backward

Unit 9: Internal Trade

Internal trade – meaning and types
services rendered by a wholesaler and a
State the meaning and types of
internal trade.

Appreciate the services of
wholesalers and retailers.
Types of retail-trade-Itinerant and small
scale fixed shops retailers
Explain the different types of retail
Large scale retailers-Departmental stores,
chain stores – concept
Highlight the distinctive features of
departmental stores, chain stores
and mail order business.
GST (Goods and Services Tax): Concept
and key-features
Understand the concept of GST

Unit 10: International Trade

International trade: concept and benefitsUnderstand the concept of
international trade.

Describe the scope of international
trade to the nation and business
Export trade – Meaning and procedureState the meaning and objectives
of export trade.

Explain the important steps
involved in executing export trade.
Import Trade – Meaning and procedureState the meaning and objectives
Documents involved in International Trade;
indent, letter of credit, shipping order,
shipping bills, mate’s receipt (DA/DP)
Develop an understanding of the
various documents used in
international trade.

Identify the specimen of the various
documents used in international

Highlight the importance of the
documents needed in connection
with international trade transactions
World Trade Organization (WTO) meaning
and objectives
State the meaning of World Trade

Discuss the objectives of the World
Trade Organization in promoting
international trade.

Unit 11: Project Work

As per CBSE guidelines.

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