ANNUAL SYLLABUS
SESSION 2025-26
CLASS-XI
SUBJECT-BUSINESS STUDIES
(Code No. 054)
CONTENTS
PART A: FOUNDATION OF BUSINESS
Concept includes meaning and features
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 Centres,
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 (Economics and Social objectives and role of profit in
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 (Factors AffectingChoice)
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 (Features, Merits and Limitations)
• Global enterprises-features, Joint Venture
• Public private partnership – concept (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 accounts.
• Banking services with particular reference to Bank Draft, Bank Overdraft, Cash Credit and E-
Banking- Meaning, Types of digital payments
• Insurance-: Principles, Types – life, health, fire and marine insurance -concept.
Postal services : Mail, Registered Post, Parcel, Speed Post and Courier- meaning
Unit 5: Emerging Modes of Business
• E-business-(concept) scope and benefits
Completion of the Mid-Term Syllabus by 6th September 2025
MID TERM EXAM
CONTENTS
• Discussion of Mid - Term Question Paper
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 earning
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 Service 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
PROJECT WORK (As per CBSE guidelines)
Complete the Annual Syllabus by 31st January 2026
ANNUAL EXAM
Complete Syllabus will be covered in Annual Exam
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