ICSE Class 10 Syllabus 2027 Commercial Studies

ICSE YEAR 2027

INDIAN CERTIFICATE OF
SECONDARY EDUCATION
EXAMINATION

COMMERCIAL STUDIES
(63)

February 2025
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Schools to motivate pupils towards the
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experience.
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aspirations.

CLASS X
There will be one written paper of two hours 3. Finance and Accounting
duration carrying 80 marks and Internal (a) Capital and Revenue
Assessment of 20 marks.
Capital and revenue receipts, capital and
1. Stakeholders in Commercial Organisations
revenue expenditure (meaning, difference
(a) Meaning of stakeholder, types: Internal and examples) deferred revenue
(shareholder, employee and employer – expenditure (meaning and examples)
meaning of each) and External
stakeholders (supplier, creditor, (b) Final accounts of Sole Proprietorship
government and society – meaning of • Meaning and preparation of Trading
each); differences between internal and account, Profit and Loss account and
external stakeholders. Balance sheet based on the given trial
(b) Expectations of employers (owners and balance with the adjustment of closing
managers), employees, creditors and stock only.
suppliers, government and society from a • (Preparation of manufacturing
commercial organization.
account, profit and loss on sale of
2. Marketing and Sales assets, intangible and fictitious assets,
(a) Marketing prepaid and accrued expenses and
incomes are excluded.)
Meaning and objectives of marketing.
Difference between marketing and sales. (c) Costs
(b) Product and service Fundamental concept of Cost Classification
Meaning and difference between a product of costs- based on behaviour (fixed,
and a service (with examples). variable, semi-variable), nature (direct,
indirect).
(c) Pricing
(d) Budgeting
Meaning and objectives
Meaning and utility of budgeting;
(d) Advertising and Sales promotion
comparison between budgeting and
Advertising: meaning, importance of forecasting; types of budgets: sales,
advertising; merits and demerits, difference production, cash, purchase and master –
between advertising and publicity. meaning only.
Advertising Agency; meaning and functions
only, Social advertising media - Concept (e) Sources of Finance
and examples only. (i) Capital Market
Sales promotion – meaning and techniques; Meaning and functions of Capital
difference between advertising and sales Market.
promotion.
(ii) Sources of raising capital.
(e) Consumer Protection
Long term: Meaning of shares
Consumer Protection Act (2019); features (Types; preference and equity) and
of the Act, rights of a consumer, Consumer debentures, differences between the two.
exploitation; meaning and types,
Importance of consumer awareness. Short term: loans from commercial
banks (cash credit, overdraft,
(f) E-commerce discounting of bills – meaning only).
Introduction and difference between
traditional methods of transactions,
E-tailing, E-advertising, E-marketing and
E-security (meaning only). ERP and its
modules (brief concept).

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4. Human Resources (ii) Internet Banking
(a) Recruitment, selection and training. Modes of transferring money / Net
(i) Recruitment – meaning; sources: Banking: NEFT, RTGS, IMPS, mobile
internal and external; advantages and wallets: meaning only.
disadvantages of internal and external ATM, Credit & Debit cards- meaning &
sources. difference, caution to be taken while using
(ii) Selection - meaning and steps, types of these cards.
selection tests.
(iii) Financial fraudulent practices
(iii) Training – meaning, objectives and
methods of training (on the job and off Credit card fraud, false accounting,
the job). insurance fraud, intellectual property
fraud, internet and cyber fraud. A brief
(b) Industrial relations and trade unions. understanding of these types of financial
Industrial relations: Meaning and fraud.
objectives; Trade Unions: Meaning and
7. Government initiatives in Environment
Functions.
Protection.
(c) Social Security
(i) Environment (Protection) Act, 1986 -
Concept of Social Security; brief reference
to Provident Fund, Gratuity, National Features of the act.
Pension Scheme. (Acts are not required). (ii) Central Pollution Control Board -
5. Logistics Functions only.
Meaning of logistics and its classification.
INTERNAL ASSESSMENT
(a) Transportation
One project as prescribed by the teacher from the
Modes of transportation: land (road and
syllabus.
rail), air and water; merits and demerits of
each. EVALUATION
(b) Warehousing The project work is to be evaluated by the subject
Meaning, importance and types (public, teacher and by an External Examiner. The External
private and bonded – meaning only). Examiner shall be nominated by the Head of the
school and may be a teacher from the faculty, but
(c) Insurance
not teaching the subject in the relevant
Meaning; Types of insurance: Life section/class. For example, a teacher of
insurance, General insurance; (Fire, Commerce/Accounts of Class XI may be deputed to
Health and Marine - meaning only) be the External Examiner for Class X Commercial
principles of insurance. Studies project work.
6. Banking The Internal Examiner and the External Examiner
(i) Central Bank will assess the candidate’s work independently.

Central Bank: Meaning and functions, Award of marks (20 Marks)
Difference between the Central Bank and Subject Teacher (Internal Examiner) 10 marks
Commercial Banks.
External Examiner 10 marks
The total mark obtained out of 20 are to be sent to
CISCE by the Head of the school.
The Head of the school will be responsible for the
online entry of marks on CISCE’s CAREERS
portal by the due date.

ICSE Examination Year 2027
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