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CBSE Class 11 Business Studies NCERT Solutions 2022-23

VSAT 2023

Class 11 Business Studies NCERT Textbook Solutions - Free PDF download

Class 11 Business Studies is a compilation of 11 chapters that cater to the delivery of various fundamental concepts and topics related to business. These concepts and principles circle around major topics related to different types of businesses, modes of businesses and their aspects. To understand these concepts, download and refer to the exercise solutions for all Class 11 Business Studies Chapters. Find out how the experts have compiled the answers accurately to practice and score more in the exams.

Business Studies has great importance in our day-to-day life and plays a huge role in how we look at money and purchases. Not only does it talk about businesses in general but it goes in-depth about concepts like finances and accounts, markets, human resources, staff and trade.

The Business Studies Class 11 NCERT curriculum is critical not only from the point of the board examination but also as a discipline that can prove to be very useful for students at a later point in their lives. With proper guidance and understanding, it may eventually be the stepping stone for individuals who might opt for a professional course in business administration.

The scope of NCERT solutions Class 11 Business Studies PDF is wide, having incorporated a number of chapters that deals with almost every area of business. It is the rudimentary understanding of these concepts based on which students would further proceed into far more complex topics.

NCERT Solutions for Class 11 Business Studies | Chapter-wise List

Given below are the chapter-wise NCERT Solutions for Class 11 Business Studies. These solutions are provided by the experts at Vedantu in a detailed manner. Go through these chapter-wise solutions to be thoroughly familiar with the concepts.


Last updated date: 13th May 2023
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NCERT Business Studies Class 11 Solutions – Free PDF Download

Keeping in mind the nature and significance of the subject, the NCERT solution of Business Studies Class 11 must be studied rigorously. Students should refer to the NCERT solution for Class 11 Business Studies at the earliest and start practising question-answers. With consistent practice, it would become much easier for students to identify the areas that are not yet fully prepared. Business Studies Class 11 NCERT PDF download can be done easily through the chapter-wise pdf links provided below.

Marks Distribution of Business Studies (2022-23)

Foundations of Business



Nature and Purpose of Business and Forms of Business organizations 

16 Marks

Public, Private, and Global Enterprises and Business Services

14 Marks

Emerging Modes of Business and Social Responsibility of Business and Business Ethics

10 Marks


40 Marks

Finance and Trade



Sources of Business Finance and Small Business

20 Marks

Internal Trade and  International Business

20 Marks


40 Marks

Project work 

20 Marks

Class 11 Business Studies NCERT

The NCERT Class 11 Commerce Business Studies starts with the basic concepts of business and eventually moves on to more complicated topics such as international business. Brief pointers on the chapters follow:

  1. Business, Trade and Commerce

This chapter is introductory to the Business Studies subject where students become familiar with concepts of business, trade and commerce and what those three entail along with their features. It talks about banking systems, intermediaries, merchant corporations and the main trade centres. It also touches upon the industry.

  1. Forms of Business Organisation

The chapters primarily discuss the varied nature of a business organisation, and students can appreciate how one differs from the other. Other concepts from this chapter include proprietorship and partnership, types of companies and also a brief mention of joint-stock companies. This is a very important chapter.

  1. Private, Public and Global Enterprises

The nature of ownership patterns or holding structure is elucidated in private, public and global enterprises. There is an introduction to public and government companies, the role of public sectors, and also about joint ventures.

  1. Business Services

Chapter 4 encompasses the different types of services extended by businesses and the broad categorisation of the same. Some of the topics covered include banks and the function of commercial banks, e-banking, all about Insurances, postal and telecom, warehouse services and transport.

  1. Emerging Models of Business

Changing business scenarios has brought a paradigm shift to newer business models. Students get a glimpse of a few emerging business models in this chapter. This chapter also talks in detail about the concept of e-business, its advantages and disadvantages, the concept of outsourcing, B2B, B2C, C2C commerce and how they work.

  1. Social Responsibilities of Business and Business Ethics

Chapter 6 introduces students to corporate social responsibilities and the role business entities may play in social engineering. This is a very important chapter as it talks about the different kinds of social responsibilities, the cases against it, pollution due to businesses, ethics in business and the elements of it.

  1. Formation of a Company

Details relating to the incorporation of the company have been laid down in chapter 7. This chapter also includes the forming of a company, its promotion, the concept of incorporation and the effects of its certification.

  1. Sources of Business Finance

Different financing options are discussed which ranges from a conventional source of funds, i.e., banks, to that of investors. It also introduces period basis, generation basis and the various sources of finance. This includes credit, lease, public deposits and factoring.

  1. Small Business

The markers and basic features of small businesses are elucidated in Chapter 9. This chapter has great importance as it covers a whole lot of topics including the importance of small businesses in rural and urban areas, the problems that could arise, how the government helps the rural projects, NABARD, RSBDC, NSIC, SIDBI, and RWED.

  1. Internal Trade

Students are introduced to the concept of trade within the country and its various characteristics. The students also learn about the concepts of retail trade, itinerants, fixed and large-scale retailers, different types of stores and shops, markets and even vending machines. 

  1. International Business

Finally, Chapter 11 touches upon some elementary understanding of international business but does not delve into it in further detail. This last chapter talks about the scope and benefits of any foreign ventures, joint ventures in an international setup, India in international trade and business, including import and export of goods and services.

Importance of CBSE Class 11 Business Studies Chapters Solutions

All the chapters in this syllabus hold immense significance in the development of economic concepts among the students. They serve the prime motive of making students understand the basic principles of business studies and management. This is why the students will need the assistance of the complete study material that includes notes and exercise solutions.

The subject experts of Vedantu have created the best solutions to download and use as the 11th Business Studies guide for preparing the chapters. The students will learn how to answer the fundamental questions asked in the exercise precisely.

All the answers have been formulated following a simpler language so that students can easily comprehend the concepts behind them. They will also learn the context of asking such fundamental questions and will be able to connect it with what they have studied in the chapters. Hence, these solutions are mandatory to follow to make your study sessions more productive.

Benefits of opting to NCERT Solutions Class 11 Business Studies

  • There are eleven chapters in the syllabus. The subject experts have compiled individual files with the respective solutions to follow and download. Hence, it will be easier for you to find the chapter-wise solutions you need for studying.

  • Know how many Chapters in Business Studies Class 11 are there in an exam syllabus and refer to the answers given in them for the exercise questions. Follow the answers and practise to score more in the exams.

  • All these answers have been formulated following the latest CBSE guidelines and CBSE syllabus. Hence, studying these answers will help you define a strategy to stick to the answering protocols and score more in the exams.

  • Resolve doubts related to the exercise questions faster by using these solutions. You can thus use your study time more efficiently and proceed with your preparation.

Download CBSE Chapter Wise PDF Class 11 Business Studies PDF

Find the chapter name and perform the Chapter Wise PDF Download Class 11 Business Studies to complete your study material. Check how the experts have skilfully utilised the fundamental concepts taught in the chapters to answer exercise questions. Prepare your syllabus following these answers and learn how to answer specific questions to score better in the Class 11 Business Studies exams

Important Related Links for CBSE Class 11 Business Studies

FAQs on CBSE Class 11 Business Studies NCERT Solutions 2022-23

1. What is an Effective Method of Preparing BST Class 11 NCERT?

For students set out to prepare Class 11 BST, the most methodical approach would be to proceed in a sequential manner, as opposed to preparing in accordance with convenience. In such a manner, a proper flow remains.

For example, in the first chapter of NCERT solutions of Class 11 Business Studies, the basic ideas related to business, its inception, its operations are touched upon. The complex concepts follow eventually, and finally; international trade is discussed. It is inadvisable to start with the final chapter in the beginning.

2. How Does Business Studies Class 11 NCERT Solutions PDF Help in Preparing the Subject?

Apart from the fact that subject experts have framed the Business Studies Class 11 NCERT solutions, the presentation of the same makes it extremely easy for students to prepare the subject.

Not only does the BST NCERT Class 11 solutions use extremely lucid language but also strictly adheres to the CBSE syllabus. Students will be able to comprehend concepts very easily. They will also be able to identify if they are lagging behind in specific areas.

3. Specify the characteristics of fixed shop retailers according to Chapter 10 of Business Studies of Class 11.

Fixed shop retailers maintain a permanent place for their company. They do not move from place to place like itinerant traders. Since they have the greatest resources and operate at a large scale level, they provide greater services to the people and maintain a trustworthy relationship with their customers. Download the PDF of NCERT Solutions from Vedantu free of cost and prepare for your exams for Chapter 10 of Business Studies of Class 11. Practice the given questions regularly to secure a perfect score in the exam.

4. What purpose is served by wholesalers providing warehousing facilities according to Chapter 10 of Business Studies of Class 11?

The wholesalers provide warehousing space for finished products. They acknowledge the risk of theft and damage by taking full responsibility for the finished goods. Thus, reducing the burden of the manufacturers. Students can make use of the NCERT Solutions provided by the Vedantu to get well versed in Chapter 10 of Business Studies of Class 11. These solutions are prepared by a group of highly experienced staff at Vedantu. Download the NCERT solution at Vedantu for free of cost.

5. What is internal trade according to Chapter 10 of Business Studies of Class 11?

Internal trade is a process of trading that happens with the boundaries of a nation. They buy and sell the products within the country. Vedantu’s website provides a detailed description of internal trade for Class 11 with solved problems for the students to revise.  Use these solutions to get more insights into Chapter 10 of Business Studies of Class 11. Since the NCERT Solutions are prepared by the subject experts, students will be provided accurate and authentic information. 

6. What are the types of internal trade according to Chapter 10 of Business Studies of Class 11?

Internal trade is broadly classified into two types:

  • Wholesale trade 

  • Retail trade 

The Vedantu with the help of qualified experts prepared these NCERT Solutions for the benefit of the students. Now they can learn from the comfort of their homes and prepare for their exams. These solutions will assist the students in revision and help them secure a perfect score in the exams.