PSEB 11th Class Syllabus 2027 Business Studies

FOR PUNJAB CLASS 11 PREPARATION

PSEB 11th Class
Syllabus 2027 Business
Studies
EXAM YEAR TYPE SUBJECT

Punjab Class 11 2027 Syllabus Business Studies

Notes · Sample Papers · Previous Year Papers · Mock Tests

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s em BUSINESS STUDIES g l a
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CLASS-XI
Session: 2026-27

Time: 3 Hrs Theory: 80 Marks
INA: 20 Marks
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Total: 100 Marks . co
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e m SYLLABUS
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Unit 1: Business, Trade and Commerce
 Introduction – Role of Business in the development of economy.
 Concept of Business, Characteristics of Business Activities
 Business, profession and employment - Concept and comparison

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 Classification of business activities - Industry and Commerce
 Industry-types: primary, secondary, tertiarym
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s e Meaning and subgroups
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l wholesale and retail) and Auxiliaries to trade;
 Commerce-trade: (Types-internal, external;
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(Transport and Communication, Banking
Advertising and Public Relations) – meaning
 Objectives of Business – Profit and other Objectives
 Business Risk-Nature and Causes
 Starting a Business-Basic Factors

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Unit 2: Forms of Business organisation
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c. o Sole Proprietorship-Concept, Features, Merits and Limitations.
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s em  Joint Hindu Family Business: Concept, Features, Merits and Limitations.
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a  Partnership-Concept, Features, Merits and Limitations.
 Types of Partners, Types of Partnerships, Partnership Deed, Registration of a Partnership firm.
 Cooperative Societies-Concept, Features, Merits and Limitations. Types of Cooperative
Societies

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 Joint Stock Company - Concept, Features, Merits and Limitations; Types: Private and Public
Company.
 Choice of form of business organisation

Unit 3: Private, Public and Global Enterprises
 Introduction, Public Sector and Private Sector Enterprises – Concept
 Forms of Organising Public Sector Enterprises: Departmental Undertakings,
Statutory Corporations and Government Company (Concept, Features, Merits and
Limitations)
 Changing Role of Public Sector.
 Joint Ventures: Concepts, types, and benefits.
 Global Enterprises – Feature, Public Private Partnership – concept.

Unit 4: Business Services
 Business Services – Meaning, Nature, Difference between services and goods.
 Types of services
 Banking: Types of banks, functions of a commercial banks, e-Banking – Meaning and benefits.
 Insurance – Functions , Principles and Types – Life, Fire and Marine Insurance.
 Communication Services, Postal Services, Telecom Services.
 Transportation.
 Warehousing: Concepts, types and functions.

Unit 5: Emerging Modes of Business
 e-Business: concept, scope and benefits. Traditional Business versus e-Business.
 Limitations of e-Business.
 Online Transactions, Security and Safety of e-Transactions, e-Business Risks
 Resources Required for Successful e-business Implementation.

Unit 6: Social Responsibilities of Business and Business Ethics
 Concept of social responsibility, Need for Social Responsibility.
 Arguments for and against social Responsibility.
 Kinds of Social Responsibility
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s em  Social Responsibility towards Different Interest Groups. g l a
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 Business and Environmental Protection
 Business Ethics – Concept and Elements.

Part II : Corporate Organisation, Finance and Trade

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Unit 7: Formation of a Company
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 Introduction, Promotion of a company
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 Functions ofsaePromoter, Documents Required – Memorandum of Association, Articles ofgl
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Association
 Incorporation
 Capital Subscription
 One Person Company.

Unit 8: Sources of Business Finance
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 Meaning, nature and significance of business finance
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 Classification of Sources of funds, Sources of finance- Retained Earnings, Trade Creditor,
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Factoring, Lease Financing, Public Deposits, Commercial Papers, Issue of Shares- Equity
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Shares, Preferences Shares, Debentures, Commercial Banks, Financial Institutions.
 International Financing- Global Depository Receipt (GDRs), American Depository Receipt
(ADRs), Indian Depository Receipt (IDRs), Foreign Currency Convertible Bonds (FCCBs).
 Factors affecting the choice of the source of funds.

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Unit 9: MSME and Business Entrepreneurship
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c. o Micro, Small and Medium Enterprises: Meaning and role s e m
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 Intellectual Property Rights- Importance and types.

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Unit 10: Internal Trade
 Internal trade – meaning and types-Wholesale trade and retail trade, services rendered by
a wholesaler and a retailer
 Types of retailing trade-Itinerant and fixed shops retailers
 Fixed shop large stores-Departmental stores, chain stores – concept, features, advantages and
limitations.
 Mail Order Houses, consumer cooperative store, super markets - concept, features, advantages
and limitations. Vending machines.
 GST (Goods and Services Tax): Concept and key-features
 Role of commerce and industry associations in promotion of internal trade.

Unit 11: International Business
 International Business: concept and reasons and scope
 International Business vs. Domestic Business
 Benefits of International Business
 Modes of entry into international business- Exporting and Importing, advantage and limitations.
 Contract manufacturing, licensing and franchising, Joint Ventures, wholly-owned subsidiaries, -
meaning, advantages and limitation.
 Export-Import procedures and documentation.

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